The US Embassy has explained why it insisted on Ghana keeping the Power Distribution Service (PDS) deal despite the government’s claim that the consortium lacked a valid demand guarantee. A spokesperson at the Embassy Naomi Mattos told JoyNews’ Kojo Yankson that the first statement issued by the American government established that Meralco be maintained in […]
Category: Business
Government and the telecom companies go to war over CST
Over the past couple of months, the Ghanaian citizenry have been treated to a very public spate between their government and one of the biggest, most vibrant and most widely patronized sectors of the national economy – the telecommunications industry. Initially a two way dispute between the two parties, it has since grown into a […]
I don’t wake up expecting things to be easy; I always prepare for a tough day-Dr. McKorley
“I don’t wake up today expecting my tomorrow to be better than my yesterday. I always wake up to have this belief that my tomorrow is going to be tough; so I face the world with that kind of mindset. But if it happens to be good, I say hallelujah to God. So this is […]
Jeff Bezos loses ‘World’s Richest Man’ position to Bill gates; Reclaims it overnight
Amazon CEO Jeff Bezos, has reclaimed the World’s Richest Man title few hours after losing the spot to Microsoft co-founder Bill Gates. Bezos who ended Gates’ 24-year run as world’s richest man last year by becoming the first man on earth with a net worth of $160 billion, lost the spot on Thursday October 24, after […]
Big Chocolate maker backs new cocoa pricing mechanism
THE international cocoa trade cannot be fundamentally changed for the better until cocoa communities in producer countries are lifted out of poverty, and this can only be achieved by ensuring that smallholder farmers receive a higher and fair price for their product, says John Ament, the Global Vice-President of Cocoa for Mars Incorporated, US-based maker […]
GRA shuts down Pasico Ghana over non-payment of taxes
The Ghana Revenue Authority has locked up the offices of Pasico Ghana Limited for the non-payment of taxes in excess of GH¢4.8 million. The Special Revenue Mobilization Taskforce of the tax-collecting agency in its routine checks on companies as part of efforts to increase tax compliance locked up the company’s office in James Town, Accra. […]
PDS Termination: Akufo-Addo faced opposition from his own ‘colleagues’ – Kweku Baako
It was President Akufo-Addo’s decision to terminate the Power Distribution Services deal according to the Managing Editor of the New Crusading Guide newspaper, Kweku Baako Jnr. According to him, some members of the ruling government were not happy with the President’s decision because they feared termination will come with some consequences; nonetheless, he decided to […]
Upfront CST deduction: Telcos agree to compensate subscribers-Communications Minister
Communications Minister, Mrs Ursula Owusu-Ekuful, says telecommunication networks in Ghana have agreed to compensate subscribers for losses they incurred over the upfront deductions following the 9% increase in Communication Service Tax (CST). Mrs Owusu-Ekuful at a news conference on Monday, October 14, 2019 directed telcos to stop the upfront deductions. “The Telcos have agreed to […]
GRA raises GHC32 billion revenue for third quarter
The Ghana Revenue Authority as at the end of September 2019, received an amount of GH¢ 32 billion less of its target for the year, Mr. Amishaddai Owusu Amoah, the Acting Commissioner General of the Authority said. Mr. Amoah was optimistic that the Authority would meet the target by the end of the year. In […]
iPhone 11 vs iPhone 11 Pro vs iPhone 11 Pro Max: the new Apple phones compared
Apple has unveiled a trio of new iPhones, namely the iPhone 11, iPhone 11 Pro and iPhone 11 Pro Max. These are all premium phones, but they also all pack different features, prices and screen sizes, among other things. As such, while their designs are similar there is quite a lot to choose between them. With that in mind […]
Ghana to criminalize inappropriate internet content
The Minister of Communications, Ursula Owusu-Ekuful, has announced that Ghana would soon criminalise the sharing of inappropriate social media content. She cited sexual images as an example of inappropriate content. The Minister has therefore urged that all should comply with the domestic laws, when passed, to avoid being penalized. Mrs Owusu-Ekuful was addressing stakeholders on […]
AirtelTigo and Nokia roll out smartphone offer with free data and voice package for 1 year
In line with its commitment to boost smartphone adoption, telecom operator AirtelTigo has joined forces with Nokia to roll out smartphone offer with free data and voice package for a year. The Acting Chief Executive Officer, Murthy Chaganti, said: “With our brand promise to make life simple for our customers, we are delighted to partner […]