The government is urging the public to report telcos that still charge them the 9% Communication Service Tax (CST). A Deputy Minister for Communications, George Andah said all teclos have been directed to immediately stop the upfront deductions made on mobile credit top-ups by service users. Mr. Andah explained that the CST which was increased […]
Category: Business
Ghana and Philippines to deepen economic cooperation
A government delegation led by the Finance Minister, Ken Ofori-Atta, and the Minister of Energy, John Peter Amewu, last week undertook consultations with the government of the Philippines with a view to deepening the over 60-year relationship between the two nations. Over the two-day mission, the Ghanaian delegation met with the Philippine Secretary of Energy, […]
Gold Coast Fund customers pushes for a freeze of Nduom’s accounts; says he should be prosecuted
Thousands of customers whose millions of funds are locked up with Gold Coast Fund Management will this morning hits the streets of Accra and across the country to push for government intervention in retrieving their funds. The investment firm, which appears to be in liquidity crisis, has in the last year been struggling pay its […]
72-year-old trader petitions President, Otumfuo over relocation of traders as Christmas approaches
A 72-year-old trader of the Kumasi Central market, Madam Akosua Serwaa has petitioned the President, Nana Addo Dankwa Akufo-Addo and the Asantehene, Otumfuo Osei Tutu II to consider suspending the roll out of the 2nd phase of the Kejetia project. She wants the commencement of the 2nd phase of the project suspended till Christmas is […]
Common fraudulent activities in Ghana you should look out for
One of the most common form of crimes in Ghana is fraud, with unsuspecting individuals and organizations swindled by perpetrators, causing them to lose millions of cedis. The Ghana Police Service and other security agencies are working to control crime, but it is the collective responsibility of every individual to always be alert in crime […]
If you want to remain in business, abide by our laws — Ursula Owusu-Ekuful tells telcos
The Communications Minister Ursula Owusu-Ekuful says mobile telecommunications companies that want to continue operating in Ghana must be ready to comply with the country’s loss or be ready to face sanctions. The Minister was speaking in relation to the implementation of the newly adjusted communications service tax (CST) which has left the telcos in a […]
GCB Bank rewards Kasoa Police for foiling attack at branch
GCB Bank Ltd has rewarded personnel of the Kasoa Divisional Command of the Ghana Police Service for demonstrating patriotism and commitment to the national interest. The Bank also paid the medical bills of Inspector Charles Yeboah of the Command who was injured in front of the Kasoa Main Branch of the Bank during a scuffle […]
Franklin Cudjoe ‘hot’ for telling Telcos to disregard Ministry’s directive
The president of policy think tank IMANI Africa, Franklin Cudjoe has come under severe criticisms by a section of Ghanaian social media users for advising telecommunications companies not to obey directives by the Ministry of Communications to them to stop deducting the Communication Service Tax(CST) upfront. The Economist and policy analyst, speaking on The Big […]
Ghana is world’s fastest-growing economy- IMF World Economic Outlook
Ghana has been rated as the world’s fastest-growing economy according to the International Monetary Fund (IMF) World Economic Outlook according to a report on dw.com. Ghana’s economy is skyrocketing. That is what the World Bank and the International Monetary Fund (IMF) predict for this year. The IMF talks of a growth rate of 8.8% in its […]
Gov’t must work with architects to make cities liveable — Ghana Institute of Architects
The Honorary Secretary of the Ghana Institute of Architects Augustus Richardson says the government must ensure architects are given the responsibility of spatial planning in order to make the cities and towns liveable. Ghana’s general built environment has been heavily criticized with many saying that the lack of proper planning has seen a disorganized urban […]
Telcos deliberately sabotaging gov’t because they’re being monitored
Dr. Mark Assibey Yeboah, Chairman of Parliament’s Finance Committee, has accused telecommunication companies of making government unpopular regarding the implementation of the 9% increment in the Communication Service Tax (CST). Consumers started paying more for communication services following the implementation of the 9% CST on October 1, 2019. Speaking to journalists after an Article IV […]
Ato Essien, 3 others charged with collapse of Capital Bank
Ato Essien, CEO of defunct Capital Bank has been arraigned before the High Court by the Republic over the role he played which led to the collapse of the bank, ABC News can report. The suit filed by the State is against Ato Essien and three other officials of the defunct bank, Fitzgerald Odonkor, Tetteh Nettey, and […]