Customers of Telecel Ghana can now breathe a sigh of relief as the company has successfully restored all services that were previously disrupted due to what the company describes as the “unlawful action” of ATC Ghana. The telecommunications provider in a statement indicated that the issues have been resolved and that all affected sites are … Read more
KT Hammond is the Trade Minister Advertisement If the government really intends to ensure a reduction in prices of cement, the actual step to take is to reduce the taxes on cement, not an introduction of a Legislative Instrument (L.I), Dormaa West Member of Parliament Vincent Oppong Asamoah, has said. He says that there are … Read more
Advertisement The Member of Parliament for Dormaa West, Vincent Oppong Asamoah has said that the strength of the Cedi is the main cause of the the increase in cement prices. To that end, he said even before the Legislative Instrument (LI) to regulate cement prices came to parliament all stakeholders should have been done to … Read more
The National Association of Sachet and Packaged water producers (NASPAWAP) has joined calls by plastic manufacturers for the government to indefinitely suspend the newly imposed 5% excise tax on finished plastics This call, according to a statement by the association, has been necessitated by the hardship the 5% tax would bring to consumers. The association … Read more
The Ghana Association of Banks (GAB) has dismissed claims that commercial banks in the country have begun processes to close the personal foreign currency savings accounts of customers by July 31. The Association explains that some banks are implementing measures to address the situation where customers save foreign currencies in their savings accounts as a … Read more
The Bank of Ghana (BoG) has clarified the role of FinTechs in the remittance space. In an explainer shared on the Bank’s social media handle, it emphasized that local FinTech companies authorized by the Central Bank do not mobilize foreign exchange (FX) from abroad. Instead, Money Transfer Organizations (MTOs) based abroad handle the receipt of … Read more
The Ghana Chamber of Mines will hold its 10th Ghana Mining Industry Awards (GMIA) on Friday, November 22, 2024, to recognize excellence and the contributions of mining companies and individuals to the development of the country. In this regard, the Chamber officially opened nominations for the 10th Ghana Mining Industry Awards on Thursday, July 4, … Read more
Advertisement Vice President and Flagbearer of the New Patriotic Party (NPP), Dr. Mahamudu Bawumia, has proposed the adoption of mobile money as a common payment system in Africa in order to address trade barriers and other financial challenges on the African continent. Addressing African participants at an Interoperability Symposium in Accra, organised by Africa Prosperity … Read more
Tullow Ghana Limited (“TGL”) has announced key changes to its leadership team. After four years as Managing Director in Ghana, Wissam Al-Monthiry, will be leaving the company at the end of July 2024, to pursue a new career opportunity. Wissam has been instrumental in leading the organizational transformation of the Ghana business and the delivery … Read more
Executive Chairman and Founder of the Africa Prosperity Network (APN), Gabby Asare Otchere-Darko has made a compelling argument about the prospect of the continent achieving financial interoperability in the shortest possible time. This economic integration he says is possible if African leaders are politically committed to aligning efforts and resources. In his welcome address at … Read more