The African Union (AU) has approved President Nana Addo Dankwa Akufo-Addo’s proposal for mobile money interoperability throughout Africa, a major step towards economic unification. This effort aims to facilitate smooth transactions and promote economic...
The African Union (AU) has approved President Nana Addo Dankwa Akufo-Addo’s proposal for mobile money interoperability throughout Africa, a major step towards economic unification. This effort aims to facilitate smooth transactions and promote economic integration throughout the continent. In Accra, Ghana, President Akufo-Addo delivered two reports during the African...
Telecommunication giant MTN Ghana has responded to growing public concerns about the high cost of internet data, which has been affecting businesses and sparking outrage on social media. The controversy has led many to call for the dissolution of the National Communications Authority (NCA) board, citing the high data...
Member of Parliament for North Tongu, Okudzeto Ablakwa has insisted that SSNIT discriminated in choosing to sell four of its hotels to Rock City Hotel. In a post shared via social media, he indicates that the transaction advisor kicked against choosing Rock City because the company was not solvent...
The Minister of Trade and Industry, Kobina Tahir (K.T.) Hammond, has taken a swipe at the President of the Cement Manufacturers Association of Ghana (CMAG), Dr. George Dawson-Ahmoah, over a petition to Parliament to reject a proposed Legislative Instrument (L.I) which aims to regulate the pricing of cement in the country....
DStv owner MultiChoice has reported a staggering R4.1 billion [rands] loss for the year ending March 31, 2024 and has become technically insolvent. The South African pay television company said on Wednesday that it swung into a 706 million rand ($38 million) loss before tax in the year to...
Attempts by telecom giant MTN to maintain its supremacy in the telecommunication space by buying and monopolizing the 5G technology, have faced significant pushback from the Minister for Communications and Digitalisation. Attempts by telecom giant MTN to maintain its supremacy in the telecommunication space by buying and monopolizing the...
The Public Utilities Regulatory Commission (PURC) has announced an upward review of water and electricity tariffs for the third quarter of 2024. The new tariffs, which take effect July 1, 2024, will push water up by 5.16 per cent for all customer classes while electricity will jump by 3.45...
South Korean tycoon Chey Tae-won has been ordered to pay his exwife 1.38 trillion won ($1bn; £788m) in cash – the country’s largest ever divorce settlement. It comes nearly a decade after Mr Chey’s marriage fell apart following the revelation he had fathered a child with his lover. The...
Investigative journalist, Manasseh Azure Awuni has raised concerns about the 5G network contract awarded to Next Gen Infraco Ltd. by the Communications Ministry. Mr Awuni alleges the company was established a week before President Akufo-Addo approved the deal. Given this, he has questioned the company’s track record and doubts...
An illegal foreign exchange dealer, operating in the ‘black market,’ is blaming some banks in the country for the constant depreciation of the cedi against the dollar. Abdullai Mohammed (pseudo name) has said some of the banks are not happy with the approved rates by the Bank of Ghana...