HomeBusiness

Business

GRA locks up Metro TV for Gh¢2.3m tax default

Ghana Revenue Authority (GRA) has shut down media company, Metro TV for defaulting taxes worth GH¢2.3 million. The move by the Debt Management Compliance Enforcement Unit...

Cylinder Re-circulation Model: Only Ghanaians will be licensed to operate – NPA

Chief Executive Officer of the National Petroleum Authority, Alhassan Tampule says only Ghanaian nationals will be given the license to operate under the Gas...

KelniGVG finally breaks silence on NCA deal

KelniGVG Limited has for the first time spoken on its controversial US$89 million government contract, saying the monitors it will be connecting to the networks...

50% MASCLOC loans to go to women – Akufo-Addo

In an effort to ramp up free enterprise among women, the Ghana Women Entrepreneurship Summit (GWES 2018) launched Monday in Accra with a pledge...

Vodafone Fixed Broadband goes mobile

From Tuesday, June 5, customers of Vodafone Fixed broadband will have the flexibility to link and move data from their fixed broadband to a Vodafone mobile...

Bankers see lower interest rates – Ghana Reference rate now 16.19%

Bankers, under the umbrella of the Ghana Association of Bankers (GAB), are optimistic that cost of funds to the lending public will be moderate...

KelniGVG, NCA block 3,930 Simbox numbers in four months 

Months ahead of the raging controversy over the US$89 million Kelni GVG deal, the company started its fraud management assignment, and has since detected and...

KelniGVG Deal: US$2.98m paid to company so far – George Andah

Deputy Minister of Communications, Nenyi George Andah has said that contrary to assertions that KelniGVG has been paid US$7.5million, the company has been paid...

Efforts to modernize nation’s agriculture gather momentum

A day’s sensitization workshop on modernizing the nation’s agriculture through the Canadian Government’s sponsored five-year project, has been held for District Chief Executives, Coordinating...

KelniGVG equipment not capable of spying – Minister, NCA

Communications Minister Ursula Owusu Ekuful and Director-General of National Communications Authority (NCA), Joe Anokye have both stated that the KelniGVG equipment for real time...

Transport fares to go up by 10% – Road Transportation Operators

Transport operators have increased fares by 10 percent across all categories of services. The new fare will take effect from Monday 4th June 2018. In press release...

Telcos react to NCA, KelniGVG deal

The Ghana Chamber of Telecommunications has reacted to the ongoing brouhaha on the deal and installation of a common platform monitoring system by the industry...

How to stop stressing over money so it doesn’t hurt your health

Scared of opening your loan statement because of how much interest has accumulated? Can’t stop wondering what not-so-great reports from Wall Street mean for your...

Ministry of fisheries and Aquaculture to announce observance of closed season for fishermen in Ghana

The Ministry of Fisheries and Aquaculture is set to announce a closed season for all kinds of fishers in Ghana. The move by the Ministry,...

Mining communities must reflect riches not disgrace, distress – Akufo-Addo

The President, Nana Akufo-Addo, has described as disgraceful the distressing state of mining communities in the country. According to him, after decades of mining in...

OCTP to produce 171 million scalp of oil per day from June

The Offshore Cape Three Points (OCTP) Integrated Oil and Gas Project is set to produce 171 million scalp of gas per day from June...

Too much ‘noise’ over $178m Kelni GVG deal – Ofori-Atta

There is too much noise surrounding the $178 million deal with Kelni GVG signed by the National Communications Authority (NCA), Finance Minister Ken Ofori-Atta,...

Ghana engages Togo to avert another boundary dispute

Government has begun talks with Togo to avert a potential boundary clash similar to that of the Ghana-Ivoirian dispute. This is after former Attorney General,...

NCCE holds citizenship week on taxation at Prampram

The Ningo-Prampram office of the National Commission on Civic Education (NCCE) has held its annual Citizenship Week celebration with a call on citizens to...

MTN launches IPO, targets GH¢3.47bn

Telecoms giant, MTN has officially launched its Initial Public Offer as the company seeks to raise about GH¢3.47 billion. The offer is expected to end...

Telcos in legal dilemma over KelniGVG deal implementation 

Telecom operators in the country are torn between risking losing their licenses and preventing legal suits by their customers over the implementation of the...

Only a single textile container officially declared in 2016 – Trade Min.

Trade and Industry Minister, Alan Kyerematen has revealed that in 2016, the country recorded only a single textile container declared as coming through the...

No Increase In Transport Fares – GPRTU

The Ghana Roads and Transport  Union (GPRTU) says it has not approved an increase in transport fares. This follows an announcement by two transport unions,...

BoG introduces more measures to firm up financial sector

The Bank of Ghana (BoG) has introduced a number of measures aimed at making the financial sector stable and strong. This includes an amended...

141,332 chase NABCO jobs

Out of the 141,332 applicants who commenced the application process for Nation Builders’ Corps (NaBCo), 109,271 have completed and successfully submitted their applications. This means...

Ghana’s makes inroads into Chinese market with cocoa

Other Ghanaians who assisted in the unveiling of the exchange were the managing director of the Cocoa Processing Company Nana Agyenim Boateng; the MD...

PHOTOS: Barclays Bank commissions ultra modern clinic for Trotor residents

Barclays Bank Ghana Limited has commissioned an ultra-modern Clinic for the residents of Trotor in the Eastern Region. The facility is aimed at providing quality...

AUDIO: GUTA bares teeth at foreigners in retail business

Ghana Union Traders Association (GUTA) has bemoaned the influx of foreigners in the retail business. Greater Accra Regional Secretary of GUTA, Nana Poku told Asempa...

AirtelTigo tops QoS in 92 districts

The current telecoms Quality of Service (QoS) ratings and rankings from the National Communications Authority (NCA) indicates AirtelTigo is doing better in more districts...

Tell us the motivation for chasing US over $89m GVG Kelni contract – Andah to Imani

Deputy Communications Minister, George Andah, has called on President of policy think tank, Imani Ghana, Franklin Cudjoe to state his motivation for chasing the...

BoG has no visibility on Mobile Money activities– George Andah

A Deputy Minister for Communications, George Andah has disclosed that the Bank of Ghana (BoG) has no capacity to properly monitor mobile money activities,...

LPG operators call off strike

Members of the Ghana LPG Operators Association (GLiPGOA) on Wednesday called off their three-day-old strike following discussions with the government about their concerns. The association...

LPG retailers end strike

Members of the Ghana Liquefied Petroleum Gas (LPG) Operators Association (GLiPGOA) have called off their strike which lasted for three days. This was after a...

Electroland Ghana Limited donates to Orphanage at Fadama

A team from Electroland Ghana limited, sole distributors of Samsung, Nasco and Midea in Ghana, over the weekend donated assorted items to the Nuurul UsmamIyyah...

Barclays exploring possible merger with StanChart, FT says

Standard Chartered Plc said it’s focused on its strategy and isn’t responding to “speculation” in a newspaper report that Barclays Plc has been exploring a potential merger...

NCA releases results of mobile network Quality of Service

A plan released by the National Communications Authority to conduct field quality of Service (QoS) monitoring in all district capitals in five regions — Ashanti, Eastern, Greater...

Ken Ofori-Atta wins African Finance Minister of the year award

Ghana’s Finance Minister, Ken Ofori-Atta has been awarded the prestigious African Finance Minister of the year at the Annual African Development Bank (AfDB) Meeting...

GPHA regains 30% shares in Marine Ports Service

The shareholding structure of the major service provider of the port, Maritime Ports Service (MPS) has been renegotiated by the Ghana Ports and Harbours...

Gov’t not aiming at collapsing your business – NPA to LPG operators

The Chief Executive Officer (CEO) of the National Petroleum Agency (NPA), Alhassan Tampuli has called on gas service stations to be rest assured that...

Help indigenous banks grow and survive – Akufo-Addo to BoG

The President, Nana Addo Dankwa Akufo-Addo, has charged the Bank of Ghana to help indigenous banks to grow and survive, as part of the...