The Bank of Ghana (BoG) has announced the successful completion of the first Proof of Concept (PoC) as part of Project, Digital Economy Semi-Fungible Token (DESFT) which demonstrates the successful execution of a cross-border transaction payment making use of digital credentials, the eCedi and an approved stablecoin from Singapore.

The Minority Leader, Dr Cassiel Ato Forson, says the government’s financial decisions are significantly contributing to the rapid depreciation of the Cedi.

The ECOWAS Bank for Investment and Development (EBID) has strengthened its transformative partnership with the Republic of Ghana by committing to inject USD 200 million into the Ghanaian economy through strategic alliances with the Ghana Export-Import Bank (GEXIM) and GCB Bank PLC.

The Public Utilities Workers Union (PUWU) has rebutted allegations by Vice President Dr Mahamudu Bawumia regarding alleged sabotage by Electricity Company of Ghana (ECG) staff to disrupt digitalised revenue mobilisation.

The Millennium Challenge Corporation has confirmed to JoyNews that despite the prevailing power crisis, it has no “immediate plans to work again in Ghana” and has completely closed Ghana’s Millennium Challenge Compact.

Bright Simons, the Honorary Vice President of IMANI Africa, has expressed concern about a new contract that was set to be awarded to the controversial Strategic Mobilisation Ghana Ltd (SML).