Kofi Ahovi

  Tahiru Alhassan of the Bank of Ghana has disclosed that the central bank is making significant progress in operationalising Ghana’s recently enacted Virtual Asset Service Providers Act (VASP)., 2025 (Act 1154), with plans to engage industry stakeholders as it develops the directives and guidelines needed for its implementation. Speaking during a UK-Ghana Chamber of Commerce and EY Ghana webinar on “The Evolving Regulatory Landscape for Virtual Assets in Ghana: Insights from the Bank of Ghana and Industry”, Mr. Alhassan remarked that “This is a whole new sector that has never been regulated in Ghana and we need to develop very comprehensive guidelines covering anti-money laundering and counter-financing of terrorism (AML-CFT), prudential requirements, consumer protection and market conduct, cybersecurity and technology requirements”. He said the Bank of Ghana has already completed drafts of a number of guidelines and expects to begin publishing some of them later in the year. As w...

The UK-Ghana Chamber of Commerce (UKGCC), a member-based trade association that promotes bilateral trade between the UK and Ghana, has donated GH¢50,000.00 to support the establishment of a clinical trials unit at the University of Ghana Medical Centre (UGMC). The funds were raised during the UKGCC’s recreation of the first Royal Ascot Ladies Day Experience Event. At a short ceremony to present the donation, the Board Chairman of UKGCC, Anthony Pile, who is also the Founder of Blue Skies, said “we are hugely impressed with Lucy and her team.  Embarking on this clinical trials unit project, I think, will make a difference not just to Ghana but frankly to all of us within the ECOWAS region. It is something that the UKGCC feels very strongly about; supporting all elements, all aspects of advancing medical progress and I think this just illustrates the importance to both parties of how we feel about the work UGMC is doing. I also feel that UKGCC is doing a great job now reaching out to...