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Business

Mobile money transactions ‘recovering’ after E-Levy revision

Mobile money transactions have signalled a recovery after having dipped following introduction of the Electronic Transaction Levy (E-levy), Head of Products and Innovations at...
Business

Mobile Money transactions have increased in 2023 – GSMA Report

The Groupe Speciale Mobile Association (GSMA) State of the Industry Report on Mobile Money 2023 shows adoption rates are even more significant than expected,...
Business

Mobile money transaction value grew to $1.26tn in 2022 – GSMA report

According to the GSMA’s annual ‘State of the Industry Report on Mobile Money 2023’, published today, mobile money services are growing faster than predicted...
Business

Mobile money transactions reached $264.1 billion in 2 months

The total value of Mobile Money transactions in the first two months of 2023 hit ¢264.1 billion, about 72.6% growth year-on-year. This significant growth shows...
Business

Partnerships are the reason mobile money is successful in Ghana- Eric Nsarkoh

Head of Engineering at Stanbic Bank Ghana, Eric Nsarkoh, has attributed the success of the mobile money innovation to partnerships in the financial and...
Business

Policies implemented by the BoG increase financial inclusion by 68%

Financial inclusion increased from 22 percent in 2011 to 68 percent in 2021 thanks to Bank of Ghana (BoG) policies, particularly those fueled by...
News

Another suspect in Kasoa mobile money robbery incident arrested

The final suspect in the 20th December 2022 mobile money robbery incident in Kasoa has been detained, according to the Ghana Police Service. Ahmed, the...
Headline

BoG increases mobile money transaction limit

The Bank of Ghana (BoG) has increased mobile money transaction and wallet limits. The Bank in a statement issued on December 22, 2022, noted the...
Business

‘Ghana is broke, government needs to increase revenue hence E-levy’ – Joe Jackson

Joe Jackson, a financial analyst at Dalex Finance, claimed that the government's financial crisis made the E-Levy crucial. Ghana remains insolvent! 50% of our revenue...
Business

MoMo agents milking government’s expected E-Levy proceeds — Research

According to research by the Centre for Economics, Finance, and Inequality Studies (CEFIS), the 1.5% fee is a major reason why many Ghanaians choose...
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