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 […]
Category: Business
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 […]
Iran ups defenses around key oil facilities
Iran is upping its defenses around key oil and petrochemical facilities, Iranian state television reported on Monday, cited by S&P Global Platts, as Iran gears up for a retaliatory act just weeks after Saudi Aramco’s oil facilities were struck by missiles. The areas that will be covered under this increased defense will be air traffic in […]
Imperial Blue Whisky launched in Ghana
Whisky lovers in Ghana can now have a taste of the world’s 3rd largest selling whisky brand, Seagram’s Imperial Blue, which has been officially introduced onto the Ghanaian market. Speaking to journalists during the launch in Accra, the Managing Director of Pernod Ricard Group Ghana, Gregory Lemarie, said even though Imperial Blue is popular in […]
Vivo Energy Customers to Smile
Vivo Energy, operators of Shell, has launch a new loyalty programme to reward its customers across the country. The first comprehensive loyalty programme Dubbed “Shell Club” will reward all category of motorists, who buy from Shell Service Stations dotted across the country. The management said, the programme will be rolled out to over 100 selected […]
Wealthiest families in the world hunts for private deals
An investment firm affiliated with Michael Dell agreed to buy a posh Florida resort in April. For one tied to Tony Pritzker, it was a wastewater-treatment services company. And earlier this month, the family office associated with U.S. Education Secretary Betsy DeVos took a stake in a European private equity firm. The desire for direct private deals isn’t new, […]
Challenges with purchasing prepaid credit fixed – PDS
Power distributors, PDS say they have fixed the challenges that made it impossible for some consumers to purchase power during the weekend. “Affected customers can now visit their District Office or the closest prepaid vendor shop to buy,” a communiqué from PDS said. Consumers took to social media to complain about the difficulty in purchasing […]