Data compiled by the Ghana Chamber of Telecommunications shows that over 18 million subscribers experienced poor service quality within the first quarter of 2019 due to incidents of fibre cuts and theft at base stations of telecommunication companies. According to the mobile industry association, over 2,000 incidents of fibre cuts were recorded in the first […]
Mobile Telecommunications giant, MTN has held the Central Regional edition of the Editors Forum for Senior media practitioners in the region. The Editors Form is an annual event organized by the company and solely dedicated to engaging senior editors in the various regions on its operational overview and to elicit feedback from them. It was […]
Professor of economics and finance, Godfred Bokpin has stated that tax revenue can be increased from the GH₵37.8 billion collected in 2018 to a whopping GH₵89 billion annually if government rationalises the many tax exemptions that are granted multinational companies operating in the country. He said the GH¢89 billion in taxes would mitigate the debt-to-Gross […]
The National Insurance Commission (NIC) has increased the minimum capital requirement for insurance companies in the country from the current GH₵15 million to GH₵50 million. According to a statement from the NIC, insurance companies have up until June 30, 2021 to meet the new minimum capital requirement. The minimum capital requirement for reinsurance companies will […]
The National Democratic Congress (NDC) Minority in parliament has said government’s indebtedness to power sector entities as at the end of 2018 was over $2.3 billion ($2,378 million). It gave the breakdown as Karpower – $150 million, ENI – $160 million, NEDCo -$162 million, IPPs – $1 billion, GRIDCo – $171 million, and Ghana Gas […]
The Chamber of Independent Power Producers, Distributors and Bulk Consumers (CIPDIB–Ghana) was on Tuesday launched to reduce the burden on the government in the area of policy formulation and regulation of the energy sector. The Chamber, among others, would help to create a platform for advocacy towards influencing legislation in the area of energy, serve […]
From Yahaya MASAHUDU, Tamale GUINEA fowl farming is an age-old occupation, mostly for smallholder farmers in northern Ghana. Till date, smallholder farmers account for the majority of guinea fowl farmers. Traditionally, the birds are kept for socio-cultural purposes such as contracting marriage, gift-giving, sacrifices, celebrating guinea fowl festival, and funerals. Farmers also rear them for […]
The construction of the 1050 megawatt Lamu Coal plant in Kenya is expected to create some one thousand seven hundred and sixty one jobs during the initial stage. The 2 billion dollar plant to be constructed by Amu Power Company Limited, a single-purpose entity that is 51 percent owned by Centum investments, a Kenyan investment […]
Mobile Telecommunications giant, MTN has launched the 10th anniversary celebrations of its Mobile Money operations in the country. According to the company, the introduction of the Mobile Money Service has brought in its wake, tremendous benefits to patrons and clients of the company, following the introduction of additional services. General Manager in charge of Mobile […]
The floor price for Cocoa has been pegged at US$2,600, by stakeholders from Ghana and the Ivory Coast after a two day meeting encapsulating Cocoa Trade houses, processors and manufacturers in Accra. A statement issued by Cocobod a while ago and made available to BestNewsGH.com explained that a technical meeting would be held in Abidjan […]
Pamela Gondwe, an employee of Barclays Bank Longacres Branch on Monday this week, disappeared with US400,000 Cash, the Watchdog has been briefed. She recently returned from a trip to Ghana with her West African boyfriend. Pamela was one of the people entrusted with the Vault (Dollar Safe box). Two weeks ago she went to work […]
Ghana and Cote d’Ivoire have suspended the sale of cocoa beans to the open market under the 2020/2021 crop season until further notice. The move, which is the first of its kind by the two countries, is meant to put pressure on stakeholders to adopt a floor price for cocoa beans. The suspension was announced […]
