BUSINESS SIM Re-registration Self-service App Out 27th August 2022 Kumasi Online The National Communication Authority (NCA) says it has rolled out the SIM Card Registration Self-Service Application (App) on the Google Play Store. The App provides another means for telecom subscribers…
BUSINESS E-levy: Govt rakes in less than 7% of target 24th August 2022 Kumasi Online Fresh data from the Finance Ministry has shown a significant shortfall in revenue from the controversial electronic transfer levy. The data released in the last hour shows that the government…
BUSINESS BoG cautions public against 19 entities engaged in loan services without license 22nd August 2022 Kumasi Online The Bank of Ghana is cautioning the public against unlicensed entities engaged in the provision of loans to consumers, in contravention of the Banks and Specialised Deposit-Taking Institutions Act, 2016.…
BUSINESS Policy Rate Now 22% 19th August 2022 Kumasi Online THE BANK of Ghana on Wednesday raised its policy rate by 300 basis points to 22 percent, its biggest hike in two decades and one percentage point more than what…
BUSINESS BoG Buys Foreign Exchange From Mining, Oil Firms – To Tame Dollar 19th August 2022 Kumasi Online THE BANK of Ghana has announced it is working collaboratively with the mining firms, international oil companies, and their bankers to purchase all foreign exchange arising from the voluntary repatriation…
BUSINESS Alan Kyerematen pushes for more support for govt’s industrialization agenda 16th August 2022 Kumasi Online The Minister of Trade and Industry, Kwadwo Alan Kyerematen says industrialization is the only way to effect massive economic transformation in the country. He opines that it is only through…
BUSINESS Vodafone Ghana expands 4G LTE sites and upgrades network 15th August 2022 Kumasi Online Vodafone Ghana is rolling out 300 4G LTE sites and 3G sites in several communities across the sixteen regions of Ghana by the end of October 2022. This represents a…
BUSINESS Prices of petroleum products to go up 5.5% – COPEC 15th August 2022 Kumasi Online Prices of petroleum products at the pumps are likely to go up by 5.5% in spite of reduction on the world market, the Chamber of Petroleum Consumers (COPEC) has stated.…
BUSINESS Prices of goods could go up by 40% soon 14th August 2022 Kumasi Online The Importers and Exporters Association of Ghana, says prices of commodities are likely to increase by 40 percent if the cedi keeps depreciating and inflation goes further up. Executive Secretary…
BUSINESS S&P downgrades Ghana to CCC+/C, outlook negative 6th August 2022 Kumasi Online S&P Global Ratings on Friday pushed Ghana’s debt further into speculative territory, lowering its foreign and local currency sovereign ratings to CCC+/C from B-/B. S&P said its outlook for the…
