BUSINESS BoG raises limit on MoMo transactions 24th December 2022 Kumasi Online As part of measures to facilitate more efficient payments and encourage a seamless transition to a cash-lite society, the Bank of Ghana has reviewed upwardly, the limits set on daily…
BUSINESS Unstable currency, delayed payments crippling pharmaceutical industry – Abutiate 22nd December 2022 Kumasi Online Accra, Dec. 22, GNA – Mr Harrison Abutiate, the Chairman of the National Executive Committee, Ghana National Chamber of Pharmacy, says the unstable Ghanaian currency and delayed payments to pharmacies,…
BUSINESS MTN Launches E-SIM, Offers 10GB 22nd December 2022 Kumasi Online MTN GHANA has introduced eSIM also known as embedded or Electronic SIM. The eSIM is a virtual SIM that is inbuilt in mobile and smart devices at the point of…
BUSINESS Suit against BoG over revocation of TI Microfinance’ license dismissed 22nd December 2022 Kumasi Online The Court of Appeal has dismissed an application challenging the revocation of the operating licence of a defunct microfinance company, TI Microfinance Limited, by the Bank of Ghana (BoG). The…
BUSINESS Small-scale fisher folk in Ketu South cashing in on dykes by Seven Seas Salt Limited 22nd December 2022 Kumasi Online Small-scale aquaculture and fisheries actors globally are faced with sub-optimal value chain problems, weak environmental planning and waste management as well as inadequate food safety and nutrition standards. These limitations…
BUSINESS Databank Shuts Offices, Works From Home Following Physical & Verbal Attacks | Banking/Finance 22nd December 2022 Kumasi Online Databank has shut its offices effective today Thursday, December 22, 2022 following physical and verbal attacks on them by some of its clients. The Investment and fund management firm Databank…
BUSINESS POLITICS Govt hiding GH¢1.3bn budget for AICC, embassies from IMF 22nd December 2022 Kumasi Online The Member of Parliament for North Tongu, Samuel Okudzeto Ablakwa, has accused the government of hiding the €116 million (GH¢1.3 billion) allocation for the reconstruction of the Accra International Conference…
BUSINESS Dollar Rate Against The Cedi Rises Again After Recent Falling 22nd December 2022 Kumasi Online The worth of the dollar has been consistently expanding against the cedi lately, causing worry among Ghanaian organizations and customers. As indicated by information from the Bank of Ghana, the…
BUSINESS Ghana, six African countries to grapple with debt-service burden in 2023 – EIU 22nd December 2022 Kumasi Online The Economist Intelligence Unit (EIU) says Ghana and six African countries have enormous amounts of debt relative to Gross Domestic Product (GDP) and their governments will grapple with debt-servicing burdens…
BUSINESS COMMUNICATION Mobile money remains critical tool for financial inclusion drive in Ghana – Survey 22nd December 2022 Kumasi Online Mobile Money remains a critical driver of Ghana’s financial inclusion drive, according to a new survey, by the Ministry of Finance and some financial services regulators. The survey was to…