Minister for Communications, Madam Ursula Owusu-Ekuful, is on record as giving a hint that there is a tax on mobile money transactions under consideration. The minister gave this hint last year when she faced the Parliamentary Appointments Committee as she was being vetted on her nomination by the president.
However,...
The Permanent Interstate Committee for Drought Control in the Sahel (CILSS), which has 13 member-states and is based in Burkina Faso, has produced data that show West African traders of perishable produce and livestock have seen losses of 10% to 30% since health restrictions came in, as transport is...
Twenty completed automated premix outlets will be opened by December in different locations across the country, the Ministry of Fisheries and Aquaculture Development (MoFAD) has disclosed.
The move seeks to streamline discrepancies in the premix fuel distribution chain, and will curb issues of middlemen, hoarding and corruption in the premix...
Last month, Fitch Ratings agency upgraded Ghana's Long-Term Local-Currency (LTLC) Issuer Default Rating (IDR) to 'CCC' from 'RD' on account of completing the local debt restructuring programme effective February 21.
However, the rating agency has downgraded the nation's LTLC to restricted default (RD) - from 'CCC', due to missed payments...
While President Akufo-Addo and the Receiver of collapsed financial institutions, Eric Nana Nipa, have publicly claimed that they have almost completed paying depositors’ locked funds, Ezekiel Annor-Head of the Association of Affected Customers of Savings and Loans institutions, is disputing the claims.
According to Mr. Annor, many of the affected...
A 165-strong international group including 92 former Presidents and Prime ministers have penned an open letter addressed to G20 leaders, demanding the creation of a G20 executive task force and an immediate global pledging conference that would approve and coordinate a multi-billion-dollar coronavirus fighting fund.
Among other concerns, the group...
Patricia Obo-Nai, the Chief Executive Officer (CEO) of Vodafone Ghana, says the telecom company is more concerned with having a positive competition in a provided equal space that would collectively help to satisfy consumer needs.
“We at Vodafone Ghana don’t have any problem so long as the actions of the...
Once the new Cash Reserve Requirement (CRR) policy becomes effective, it is expected to see approximately GH¢16.2billion – US$1.2 billion flow from banks to the Bank of Ghana (BoG).
CRR is a rule set by central banks requiring commercial banks to keep a portion of their deposits – local and...
Africa accounts for 53% of global cashew production, but less than 10% of global processing. Through local processing there is a value addition potential of US$2.8 billion every year and potential employment of 275,000 people in the processing plants.
USIBRAS Ghana Limited, subsidiary of a leading cashew nut processing firm...
Fourteen (14) African commodity exchanges have agreed to harness their collective potential under the African Continental Free Trade Area (AfCFTA), in what market watchers describe as one of AfCFTA's biggest feats so far.
Known as the AfCFTA Association of Commodities Exchanges (ACX), its major aim is to work collectively in...