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Reduce import dependency to save economy – Bawumia urges

Vice President Dr. Mahamudu Bawumia has bemoaned the effect of too much importation on the country’s economy. According to him, the high taste for products from overseas is leaving a deteriorating impact. “And one of the areas where we have to address is to reduce the import dependency that we have as a country,” he […]

BoG revokes licences of two Forex bureaux in Accra for non compliance

In accordance with the provisions of Sections 11 (1) and 12 (f) of the Foreign Exchange Act 2006 (723), the Bank of Ghana has revoked the licence of Trade House and Airport City Forex Bureaux Limited effective October 27, 2022. This was based on the Non-compliance with rules governing the operations of foreign exchange bureaux […]