BoG Cautions Public Against MMM Ghana

The Bank of Ghana (BoG) is alerting the general public against the activities of a company called MMM Ghana, which is it says is operating a Ponzi scheme through a virtual office. According to the Central Bank, the company, which claims to have over 10,000 clients, moves from place to place and mobilises deposits from the … Read more

BoG Hasn’t Signed Any Contract For Gold Watches

The Central Bank of Ghana has denied publications that the authorities have signed a contract with a Swiss company to supply it with gold watches to be given as ex gratia to some workers who are due for retirement. According to the Head of Public Relations for the Bank of Ghana, Bernard Otabil, the Bank … Read more