Goldfields Ghana Limited has said it will disengage the services of around 1,350 workers, and not 2,150 - with the contractor under its new contract mining arrangement expected to absorb about 80 – 85 percent of them.
The company said this in a letter dated March 9, 2018, signed by...
Whilst the regulator has given March 15 for electricity tariff reductions to take effect, the ECG has said it can only implement the adjustment beginning April 1, arguing that setting aside its monthly billing cycle could create billing discrepancies.
Speaking at a press briefing in Accra, Managing Director of ECG,...
Chief Executive Officer of Ghana Cocoa Board (Cocobod), Joseph Boahen Aidoo, has assured lenders that the company is on course to meet its financial obligations in respect of the US$1.3billion syndicated loan, in spite of a dwindling crop harvest caused by dry weather and plant disease.
“We have shown over the...
It has been a year and three months since the last board of the National Pensions Regulatory Authority (NPRA) was dissolved, just like many other state institutions.
Whereas most of those institutions have had their boards reconstituted, that of the NPRA, a critical state institution whose work borders on ensuring...
Posts 23.3% revenue increase in 2017
Data revenue increases by 50.6%
6.5 million active data subscribers
Active Mobile Money subscribers hit 7.1 million
In fulfillment of the terms of its 4G licence, MTN Ghana - the largest telecommunications company in the country with 15.7million subscribers - has said...
Government’s continuous neglect of mining communities in terms of providing good roads and other social amenities has far-reaching consequences, chairman of the Mines and Energy Committee of Parliament, Emmanuel Akwasi Gyamfi, has said.
He challenged government to complement the Corporate Social Responsibility (CSR) efforts of mining firms and channel development...
As Identity theft and fraudulent transactions gain grounds in the global banking system, the West African Monetary Institute (WAMI), is collaborating with all Central Banks within West African Monetary Zone (WAMZ/Zone) to launch the Bank Verification Number (BVN).
According to the WAMI, the move is expected to ensure that individuals...
Ghana’s inflation rate for February 2018 has gone up by 0.3% bring the rate to 10.6 per cent, up from the 10.3% recorded in January 2018.
The monthly change rate for February 2018 was 0.9%, compared to the 1.4% recorded for January 2018.
According to a release from the Ghana Statistical...
In a bid to ensure that Ghana is not left behind in the agenda of a connected world, MTN Ghana has introduced MTN Security Solutions - an ensemble of security devices in a one-stop-shop that is enabled with real-time viewing of videos or images.
This solution ensures protection of homes,...
Shama Cooperative Credit Union (SHAccu) has recorded an impressive growth as its income rose to GH¢3million in 2017 from GH¢2.7 million recorded in 2016 and
The company also within the same financial period recorded a surplus of slightly above GH¢131 million.
Total assets also rose from GH¢12.4million in 2016 to GH¢14.3...