MTN Ghana records GH¢4billion profit in 2023; company to pay GH¢0.175 per share as dividend

Despite a challenging economic environment in Ghana marked by high inflation and currency depreciation, Scancom PLC, known as MTN Ghana, reported a successful year in 2023. The company announced a profit of GH¢3.98 billion cedis and declared a dividend of GH¢0.175 per share in its audited 2023 Financial Report released yesterday. The company’s share price […]

BoG revises balance, transaction limits of mobile money wallets upwards, starting March 1

The Bank of Ghana (BoG) has revised the balance and transaction limits of customers’ mobile money wallets upward, effective March 1, 2024. A statement from the Ghana Chamber of Telecommunications pointed out that the development is in line with increasing trends of transactional activities and evolving customer needs. On daily transaction limits, customers with a […]

Delta flight forced to turn around after discovering a maggot infested luggage in overhead cabin

 Delta Airlines flight scheduled to fly from Amsterdam to Detroit turned around mid-trip after maggots were discovered aboard the aircraft. An airline spokesperson confirmed that flight 133 AMS-DTW “was interrupted due to an improperly packed carry-on bag” without providing additional details about the cause of the disruption. The spokesperson added that customers were compensated for […]

Your leadership essential in sustaining Ghana’s reform effort – IMF welcomes Amin Adams

The International Monetary Fund (IMF) has expressed its commitment to support Ghana’s newly appointed Minister of Finance,  Mohammed Amin Adam, in executing reforms aimed at rehabilitating the nation’s economy.  Ghana has been under an IMF bailout programme since May 2023. In a congratulatory letter to the Finance Minister, the Executive Director of the IMF, Kristalina […]

Working from home provides flexibility and motivation, says outgoing MTN Ghana CEO Selorm Adadevoh

In an engaging event held today at MTN House in Accra titled “Time with Selorm,” the outgoing Chief Executive Officer of MTN Ghana, Selorm Adadevoh, shared insights on the company’s approach to remote work and its impact on staff motivation. During the event, Mr. Adadevoh discussed the hybrid work system that was implemented groupwide during […]