Day: March 9, 2023

  • GCB completes first PAPSS client transaction

    GCB completes first PAPSS client transaction

    GCB Bank Plc has successfully completed the first Pan-African Payment and Settlement System (PAPSS) client transaction in Ghana. The transaction involved a Ghanaian incorporated entity initiating a supplier payment from GCB  in Ghana cedis to a beneficiary in Nigeria – who received the payment in naira instantly. This innovation revolutionalises the way Ghanaian individuals and […]

  • Government saves ¢220m from significant fall in interest on T-bills

    Government saves ¢220m from significant fall in interest on T-bills

    The Ghana Government saved ¢220 million from the significant fall in Treasury bills yields. According to the Executive Director of Dalex Finance, Joe Jackson, the interest rates on the Treasury bills will even drop further in the coming weeks. The government on Tuesday, March 7, 2023, beat the cost of its Treasury bills down significantly, […]

  • We’ll strike off over 500,000 businesses from register – Office of Registrar of Companies warns again

    We’ll strike off over 500,000 businesses from register – Office of Registrar of Companies warns again

    The Office of Registrar of Companies has reiterated its position to strike off businesses from the register that have not renewed their certificates or filed their annual returns since incorporation. More than 500,000 companies are expected to be affected by this directive. Speaking at a programme organised by the UK Ghana Chamber of Commerce, the […]