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...
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...
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...
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...
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...
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...
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...
A finding from an investigation conducted by this reporter has revealed that, hundreds of Ghanaians receive cold calls from unsolicited persons claiming to upgrade services for persons with Ghana Card or bank cards. It...
Per data from the Bank of Ghana (BoG), individuals who sought loans with a one-year tenor from Standard Chartered Bank obtained the lowest average interest rate of 29.07%. GCB Bank Limited came in next,...
Dr. Mahamudu Bawumia, Vice President of the Republic and flag bearer of the New Patriotic Party (NPP), has disclosed that his efforts to improve revenue collection at the Electricity Company of Ghana (ECG) was...
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...
A finding from an investigation conducted by this reporter has revealed that, hundreds of Ghanaians receive cold calls from unsolicited persons claiming to upgrade services for persons with Ghana Card or bank cards. It was further revealed that, these suspects are impersonating banking staff, phone or utility companies and...
Per data from the Bank of Ghana (BoG), individuals who sought loans with a one-year tenor from Standard Chartered Bank obtained the lowest average interest rate of 29.07%. GCB Bank Limited came in next, offering a 29.80% The rates from these two banks were slightly lower than the common...
Dr. Mahamudu Bawumia, Vice President of the Republic and flag bearer of the New Patriotic Party (NPP), has disclosed that his efforts to improve revenue collection at the Electricity Company of Ghana (ECG) was sabotaged by some staff. He says when he introduced the digitised system of revenue collection...
