Despite a booming shoe and other leather works industry in the country, it is sad and surprising to learn that not even a single leather tannery exists to supply these small businesses with leather - leaving them at the mercy of importers.
The situation is even more worrying if a...
MobileMoney Limited has extended the fee waiver on MoMo on-net transfers up to GH¢100 daily till September 30, 2020.
The extension of the MTN and Bank of Ghana COVID-19 initiative gives opportunity to MoMo customers to continue sending money transfer value up to GH¢100 daily to MoMo wallets for free....
Construction of a new terminal building for the Tamale Airport is expected to begin in the coming months, as government seeks to position it as the second international airport of the country.
The country has only one operational international airport, and completion of the Tamale Airport Terminal and designation of...
President Akufo-Addo has announced that Ghana’s COVID-19 cases has shot up to 1042 cases representing 1.5 percent of total test results.
He made this announcement during his address to the nation on April 19, 2020.
He said 86,000 contacts have been traced so far with 68,591 tested. He added that 18,000...
Despite the ever-widening housing deficit of the country, investment banker and Chief Executive Officer of Databank, Kojo Addae-Mensah, has said that people looking to invest in the real estate sector could be disappointed as the sector may not be as profitable as it is made to seem.
Mr. Addae-Mensah, speaking...
Virtual Currency: An unregulated digital currency that can be used as a substitute for real and legally recognized currency. Convertible Virtual Currency usually has a measurable value in real money, but what makes it convertible lies in its ability to be exchangeable. Not all virtual currency can be exchanged...
Newly-merged AirtelTigo has said it is in serious discussions with some banks and business people to inject liquidity into its mobile money operations, so as to drive expansion and promote transformation in the financial inclusion agenda.
The plan includes making sure its mobile money agents have enough cash at hand...
Indigenous banks are in for a tough time as analysis conducted on their latest financial results indicates that they need to raise as much as GH¢4billion to meet the central bank’s GH¢400 million minimum capital requirement.
Out of the 16 Ghanaian-owned banks analysed by financial analyst and credit consultant Emmanuel...
Bank of Ghana (BOG) has announced that, UniBank Ghana Limited (UniBank) has been placed under administration.
The appointment of the official administrator according to the central bank is aimed at saving UniBank from imminent collapse.
The announcement comes just two weeks after uniBank announced a takeover of adb after some shareholders...
Airlines operating flights to and from Accra, Ghana are changing their aircraft in response to increased capacity on the route, demand by passengers for enhanced comfort and improved on-board services, starting a healthy competition that will benefit consumers.
Given the capacity of these aircraft, airlines would have to be creative...