By Ernest Bako WUBONTO
Ghana opened its doors to Mobile Money services (Momo) in 2010, however, sending money from one wallet to another on a different telecommunications network was only possible through the token system, which was complicated until the Mobile Money Interoperability (MMI) was introduced in May 2018.
Since its...
By Joshua Worlasi AMLANU
Finance minister Dr. Cassiel Ato Baah Forson has urged the Ghana Revenue Authority (GRA) to exceed its revenue targets for 2025.
Speaking during a working visit to the GRA headquarters in Accra, he commended the authority for surpassing its 2024 target but stressed the need for even...
By Christabel DANSO ABEAM
Development finance and economics expert Dr. Eric Boakye Yiadom has explained the need to broaden the tax net as a key strategy for driving economic growth.
Speaking to the B&FT, he said this is crucial - especially as government plans to repeal certain taxes as part of...
By Wisdom JONNY-NUEKPE
The Commercial Division of the High Court in Accra has granted an interim injunction in favor of ATC Tower (Ghana) Limited, restraining Airtel Ghana Limited from transferring or disposing of its assets amid an ongoing arbitration at the International Chamber of Commerce (ICC) International Court of Arbitration...
Fidelity Bank has denied allegations that it seized US$25million from the Minerals Income and Investment Fund (MIIF), a state institution that manages national mineral royalties.
In a statement released on January 23, 2025, the bank clarified that the claims are unfounded and misrepresent the nature of its transactions with MIIF.
“Fidelity...
Government is being urged to adopt a comprehensive, multi-stakeholder strategy to tackle the underlying causes of illegal mining, following recent deadly clashes on concessions of some Ghana Chamber of Mines member-companies.
Indeed, the Ghana Chamber of Mines is calling for a coordinated effort involving all stakeholders to address the socio-economic...
By Kizito CUDJOE
The Civil Society Organisations (CSOs) Alliance has called on President John Dramani Mahama to issue an urgent directive that immediately halts all illegal mining activities across the country.
The group, during a press conference in Accra, emphasised the need for decisive action to deter those engaging in unlawful...
Some youths, believed to be members of the governing National Democratic Congress (NDC), went on a rampage and set ablaze some items in the party's constituency office at Ho in the Volta Region.
The disturbance was allegedly linked to dissatisfaction among some grassroots party members in the constituency, who were...
By Juliet ETEFE ([email protected])
Producer price inflation (PPI) declined slightly to 26.1 percent year-on-year in December 2024, according to latest data from the Ghana Statistical Service.
This marked a 0.9 percentage point decrease in producer inflation relative to the rate recorded in November 2024 (27.0 percent). On a month-on-month basis,...
By Juliet ETEFE ([email protected])
Businesses are optimistic about growth opportunities but have called for urgent reforms to address challenges hindering progress, says a report by UK-Ghana Chamber of Commerce (UKGCC).
The report, 2024 UKGCC Business Environment and Competitiveness Survey (BECS), revealed that while businesses are cautiously optimistic about future growth...