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BoG expresses commitment to addressing illegal fees in Mobile Money transactions

The Bank of Ghana (BoG) has committed to resolving issues related to illegal fees in mobile money transactions due to increasing consumer complaints about...

Mobile Money agent attacked by robbers in broad daylight at Tumu, elope with GHC600K 

Five unidentified armed individuals have attacked and robbed a mobile money vendor at gunpoint in Zongo, a suburb of Tumu in the Sissala East...

Mobile money sales boy arrested for allegedly stealing over GHC1 million

Richard Okai, a 26-year-old mobile money salesperson, stands accused of embezzling approximately GH¢ 1,385,910.3. His case is currently before the Adentan Circuit Court, awaiting...

E-levy: MoMo agents to strike over double taxation

The Mobile Money Advocacy Group Ghana (MOMAG) and mobile money agents have voiced their disappointment with the Ghana Revenue Authority (GRA) over the imposition...

WHO utilizes Africa’s booming mobile money sector

Since 2020, the World Health Organisation (WHO) has successfully automated payments for over two million African health professionals, transitioning from cash payments to mobile...

Unknown man lures female university student to sea, dupes, sleeps with her

A compelling video circulating on social media recounts a distressing incident involving a young woman who shares the harrowing experience of her friend falling...

Telecoms Chamber to block MoMo agent accounts not registered with Ghana Card

Effective February 1, 2024, all mobile money agent accounts without a Ghana Card or Tax Identification Number (TIN) will be blocked, according to the...

BoG records over GHC900bn increase in mobile money transactions

The total value of mobile money transactions in Ghana reached a record level in 2023, according to the 2023 Summary of Economic and Financial...

Ghana recorded mobile money transactions worth GHC1.912 trillion in 2023 – Report

The mobile money landscape in Ghana witnessed an unprecedented surge in 2023, reaching a record-breaking total transaction value of GHS1.912 trillion, according to the...

KPMG Survey reveals 66% of Ghanaians use Mobile Money weekly 

A recent survey conducted by global audit and advisory firm KPMG has brought to light the remarkable surge in mobile money usage among Ghanaians.  The...

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