BoG revokes licenses of 2 forex bureaus for breaching foreign exchange laws
Business
This was detected when the central bank embarked on a mystery shopping exercise
The licences of two forex bureaux in Accra, have been revoked by the Bank of Ghana (BoG).
The Central bank revoked the licences of Trade House Forex Bureau Ltd located at Marina Mall and the Airport City Forex Bureau inside the Atlantic Tower building, for breaching the country’s Foreign Exchange laws and failing to issue receipts.
This was detected when the central bank embarked on a mystery shopping exercise.
Both Forex bureaux are operated by the same owners.
Source: classfmonline.com
Trending Business
Gov't targets 60% boost in coconut export earnings
09:48
Mahama calls for “just energy transition” at APPO NOCs CEOs forum
09:25
Ghana Free Zones Authority strengthens ties with Hungarian Embassy to boost investment
08:59
Roots of prosperity: President Mahama’s 3 million coconut seedlings initiative unleashes hope, jobs and export potential
06:51
GLICO Group pays tribute to late Asantehemaa with support and condolence visit
11:23
Mahama directs purchase of glut tomatoes and onions from Asante Akim North farmers for SHS feeding
11:11
MASLOC to publish names of loan defaulters after final warning
10:34
Brazilian Ambassador pledges support for Ghana’s cocoa sector ahead of Afro-Brazil Festival 2025
08:07
Fisheries Commission engages stakeholders on Ghana’s first Inland Fisheries Management Plan
03:06
Regulatory costs threatens job creation, SME expansion in Ghana: ILAPI and FUNDALIB warn
13:13
