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 […]
Category: Business
Menzgold begins validation of customers for payment Monday
The embattled gold dealership company, Menzgold Company Limited, will from Monday, 28 October 2019 begin the validation of its customers as a part of efforts to pay them their locked-up funds. The company, in a statement, said the validation of documents will begin from 9 a.m. to 4 p.m. each working day and end on […]
PDS workers won’t be worse off under ECG – PRO
The Electricity Company of Ghana (ECG) has assured that staff of Power Distribution Services (PDS) will not be worse off working for ECG. According to the company, it will strive to ensure that the conditions enjoyed by the staff of PDS will not be taken away from them. The Public Relations Officer of ECG, Daniel […]
Just in: ECG terminates agreement with PDS; assumes full control of power distribution in Ghana
The Electricity Company of Ghana (ECG) has terminated its agreement with Power Distribution Services (PDS) with immediate effect. The company says it has assumed full control of the power distribution business in the country. A statement issued by ECG a while ago and copied to the media read in part that ‘’ECG has therefore assumed […]
Mame Dufie Achampong-Kyei Obeng appointed MD for GLICO Life
The Board of Directors of GLICO Life Insurance Company Limited have appointed a new Managing Director in the person of Mame Dufie Achampong-Kyei Obeng. She takes over from Mr. Edward Forkuo Kyei who has taken up a higher responsibility as the Group Chief Executive Officer of GLICO Group Ltd. Mrs. Achampong-Kyei Obeng was the Executive Director, […]
Africans pay the most expensive internet charges in the world; new report says
Consumers in African countries are paying some of the highest rates in the world for internet access as a proportion of income, according to a new report released Tuesday. The Alliance for Affordable Internet (A4AI) assessed 136 low and middle-income countries for their annual Affordability Report. Middle-income examples from the report include Malaysia, Colombia, India, Jamaica, […]
Ghana loses US$190m as MCC truncates ECG concession agreement
The Millenium Challenge Corporation (MCC) of the United States of America has truncated Ghana’s Power Compact following the decison by the Ghanaian government to terminate the contract of the Power Distribution Services (PDS) over certain fundamental breaches. A statement issued by the US Embassy said the “United States of America notes this decision [termination of […]
SA power firm Eskom sues Deloitte for ‘overcharging’
South Africa’s embattled state power firm, Eskom, is taking legal action to reclaim $14m (£11m) from multinational consultancy Deloitte, accusing it of being awarded contracts improperly. Eskom said Deloitte charged five times more than its competitors for work undertaken in 2016. Deloitte said it did nothing wrong, and would fight the claim in court. South […]
GRA likely to miss 2019 revenue target as benchmark values reduction backfires
The Ghana Revenue Authority (GRA) is set to miss out on its revenue target for 2019 as the decision by government to slash the import benchmark values by about 50 percent takes a toll, Commissioner of Customs, Colonel Kwadwo Damoah has said. The customs division boss explained that the reduction in the benchmark values has […]
Huawei Kick-starts One-Billion-Dollar App Developers Program
One of the world’s leading Smartphone brands, Huawei has invested one-billion-dollar to support global developers accessing Huawei Mobile Services ecosystem code name “The Shining-Star Program”. The Shining-Star Program brought together more than 250 app developers and partners in Dubai during the Gulf Information Technology Exhibition, (GITEX) Technology Week at Dubai World Trade Center. […]
Gov’t cancels PDS deal despite US opposition
Information reaching Citi News is that government has finally terminated the Power Distribution Services’ concession agreement with the Electricity Company of Ghana, ECG. The termination, Citi News gather, is on the insistence of the Ghana government, against the position of the US government which was insisting that the PDS concession should remain in order to […]
Registrar of Companies decoupled from RGD
The new Companies Act has separated the duties of the Registrar of Companies from the Registrar General’s Department (RGD) in a bid to facilitate business operations and improve the quality of service. Under the old Companies Law, the RGD was responsible for the registration of companies, partnerships, business-names, marriages, adoptions, property rights among others, which […]