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Tag: Foreign Exchange Trading License

Bank of Ghana suspends UBA Ghana’s forex licence over regulatory breaches

Business, News September 5, 2025 Kennedy Mornah 0 Comments

The Bank of Ghana has suspended the foreign exchange trading licence of United Bank for Africa (UBA) Ghana for one month, effective September 18, 2025. In a statement issued on Thursday, the central bank said the decision was taken in line with section 11(2) of the Foreign Exchange Act, 2006 (Act 723), following what it […]

Even More News

Engineers & Planners takes over Black Volta and Sankofa Gold projects

September 8, 2025

The long-dormant Black Volta and Sankofa gold projects in Ghana’s Upper West Region are set for revival after Engineers & Planners (E&P), one of West Africa’s largest indigenous mining contractors, acquired full equity in Azumah Resources Ghana Ltd and Upwest Resources Ghana Ltd. The transaction, completed with the Registrar of Companies and the Minerals Commission, […]

Bank of Ghana suspends UBA Ghana’s forex licence over regulatory breaches

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  • 3 Nigerian nationals noted for stealing from parked vehicles in Kumasi jailed 20 years each in hard labour
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