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Bank of Ghana fines and suspends forex licence of Zeepay Ghana Limited

The Bank of Ghana has fined and suspended the forex licence of Zeepay Ghana Limited for breaching Inward Remittance Guidelines and the Foreign Exchange Act. This unprecedented action signals a crackdown on forex irregularities. The suspension could significantly impact Zeepay’s business and the Ghanaian economy, considering the company’s key role in remittance channels. The Bank warns all forex market players to strictly follow regulations to avoid penalties.

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Warner Music Group Partners with Small World Records, Founded by Ghanaian Music Entrepreneur Smallgod

Warner Music Group Partners with Small World Records, Founded by Ghanaian Music Entrepreneur Smallgod :Warner Music Group (WMG) has entered a partnership with Ghanaian record label Small World Records to promote African musical talent globally. WMG will give Small World Records access to its global resources and expertise. The first release under this partnership is “Fallen Angel,” a collaboration between Smallgod and Ghanaian artist Black Sherif. The collaboration seeks to amplify the reach of African music and nurture its artists for a wider audience.