There are indications that the Interoperability for mobile money contract awarded Sibton Switch Systems by the Bank of Ghana is being tempered with and a total cancellation being considered. And should that happen, it will be a clear case of the Bankswitch issue which landed the state in a huge judgement debt in 2007. Insider … Read more
The Bank of Ghana (BoG) has awarded a multi-billion-cedi contract to Sibton Switch Systems Limited to implement a retail payment system infrastructure in Ghana. The contract, which is seen by many industry experts as unnecessary and shady, will see Sibton Switch Systems Limited – a company formed only in August 2015 – run a system … Read more
Sibton Switch Systems, the company given the contract to enhance interoperability in mobile money transactions across telecom networks by the Bank of Ghana, has justified the GHc 4.6 billion cost of the project. It has been discovered that the company’s GHc 4.6 billion price tag was the most expensive among the companies that bid for … Read more