Mobile Money (MoMo) agents nationwide will implement a temporary regulation limiting cash withdrawals to a maximum of GH¢1,000 per transaction, beginning from December 1, 2023. The joint decision stems from a collaborative statement by...
The Pharmacy Council has shut down over 100 pharmaceutical shops in Ghana between September and November for operating illegally and prescribing the wrong medications. The Council’s Deputy Registrar, Dr. Daniel Danquah, said that the...
The Public Utilities Regulatory Commission (PURC) has announced new utility tariffs for consumers of electricity and water effective December 1, 2023. The new tariffs, which is for three months, from December 1, 2023 to...
The Bank of Ghana has announced that it has fined and suspended the forex license of fin-tech company, Zeepay Ghana Limited for breaching clause 7.3(a) of the Inward Remittance. The Central Bank made the...
The Bank of Ghana has cautioned the general public to desist from dealing with unapproved Money Transfer Organisations (MTOs). In a statement, the BoG said a number of these MTOs operating within the remittance...
Finance Minister, Ken Ofori-Atta, has introduced a number of tax reliefs to cushion the business community and stakeholders in the vehicle importation value chain. Ken Ofori-Atta has announced that electric vehicles imported into the...
The Controller and Accountant-General’s Department (CAGD) has released the salary payment dates for November and December, 2023. Each month, CAGD releases funds to various banks in Ghana to be distributed to all public...
Minister of Energy, Dr Matthew Opoku Prempeh, has noted that the Electricity Company of Ghana (ECG) was hacked. He indicated that the hacking of the power distribution company led to the losses recorded in...
Former President John Dramani Mahama has explained why Apostle Kwadwo Safo Kantanka, the founder of the Great Kosa Company, did not receive the needed support for his automobile company from successive governments. The former...
Oil trading firm Trafigura is taking steps to seize and auction various properties belonging to Ghana located in the United Kingdom. These properties, including the Ghana High Commission’s building, the commissioner’s residence, and the...
Mobile Money (MoMo) agents nationwide will implement a temporary regulation limiting cash withdrawals to a maximum of GH¢1,000 per transaction, beginning from December 1, 2023. The joint decision stems from a collaborative statement by four MoMo Associations; the Northern MoMo Agents Association of Ghana (NOMAAG), the Mobile Money Advocacy...
The Pharmacy Council has shut down over 100 pharmaceutical shops in Ghana between September and November for operating illegally and prescribing the wrong medications. The Council’s Deputy Registrar, Dr. Daniel Danquah, said that the Council is committed to enforcing its laws and will continue to take action against pharmacies...
The Public Utilities Regulatory Commission (PURC) has announced new utility tariffs for consumers of electricity and water effective December 1, 2023. The new tariffs, which is for three months, from December 1, 2023 to February 29, 2024, will see that of electricity reduced by 1.52 per cent across the...
The Bank of Ghana has announced that it has fined and suspended the forex license of fin-tech company, Zeepay Ghana Limited for breaching clause 7.3(a) of the Inward Remittance. The Central Bank made the statement in a communique signed by Secretary of the BoG, Sandra Thompson, and copied to...
The Bank of Ghana has cautioned the general public to desist from dealing with unapproved Money Transfer Organisations (MTOs). In a statement, the BoG said a number of these MTOs operating within the remittance and the Ghana Forex Market were without approval from it. These organisations include “LEMFI, WISE,...
Finance Minister, Ken Ofori-Atta, has introduced a number of tax reliefs to cushion the business community and stakeholders in the vehicle importation value chain. Ken Ofori-Atta has announced that electric vehicles imported into the country will now be granted a waiver on import duties covering a period of 8...
The Controller and Accountant-General’s Department (CAGD) has released the salary payment dates for November and December, 2023. Each month, CAGD releases funds to various banks in Ghana to be distributed to all public sector workers as their salaries for those months. Sometimes, they exceeds the date specified on...
Minister of Energy, Dr Matthew Opoku Prempeh, has noted that the Electricity Company of Ghana (ECG) was hacked. He indicated that the hacking of the power distribution company led to the losses recorded in the first nine months of this year. Dr Prempeh, however, failed to disclose when the...
Former President John Dramani Mahama has explained why Apostle Kwadwo Safo Kantanka, the founder of the Great Kosa Company, did not receive the needed support for his automobile company from successive governments. The former president, while answering a question on why the automobile company did not get the needed...
Oil trading firm Trafigura is taking steps to seize and auction various properties belonging to Ghana located in the United Kingdom. These properties, including the Ghana High Commission’s building, the commissioner’s residence, and the Ghana International Bank building, are at risk of being sold to offset a $140 million judgment...
