Friday , August 6 2021

Business

GAB URGES CUSTOMERS TO MAKE USE OF DIGITAL CHANNELS IN BANK TRANSACTIONS

GAB Press release

The Ghana Association of Bankers(GAB) has urged customers to resort to using digital channels for banking transactions following the incident that occurred on June 14, 2021. On June 14, 2021, police officer and hawker were attacked by unknown gunmen at Adedenkpo, a suburb of Jamestown. The police officer was on …

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VIP Transport Released Lists of New Fares Following the Increment in Fuel Prices

VIP transport released lists of new fares following the increment in fuel prices

The VIP Jeoun Transport has released a lists of new transport fares following the 13% increment of fuels which will effectively take off this week. In a press statement issued by the VIP Transport Management, they have announced to the public on its increment of transport fares due to the …

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C-DAG REJECTS 13% INCREMENT IN PUBLIC TRANSPORT FARES

C-DAG rejects fare increment

The Concerned Drivers Association of Ghana (C-DAG)  rejects the 13% increment of public transport fares by the Ministry of Transport. Foremost, they wish to state that, the 13% increment cannot help in any way to sustain their business. Thus, considering the rate of increment in spare parts and fuel commodities …

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Ghana’s Debts Hit 300 Billion Cedis

Data from the Bank of Ghana indicates that Ghana’s debts at the end of the first quarter stood at 304 billion Cedis. The Governor of the Central Bank, Dr. Ernest Addison made the revelation during the annual Monetary Policy Committee Meeting. He stated that the total revenue and grants in …

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MTN rolls out no ID, no cash out policy today

MTN

The largest Telecommunications giants, MTN is set to rollout its policy of no ID not cash out on Friday April 2, 2021. This means, mobile money customers would have to present a valid ID card that matches the name on the mobile money account before they can make a cash …

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Who will present the 2021 budget statement?

There’s been some skepticism as to who will be delivering government’s 2021 Budget Statement and Economic Policy before Parliament next week. The Finance Minister-designate, Ken Ofori-Atta is currently in the United States undergoing treatment for post-COVID-19 complications. His doctors however have advised him to stay on for another two weeks for further observation and …

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2021 Budget: Bawumia replaces Ofori-Atta in Parliament

fishing landing site

The Vice President of the Republic of Ghana Dr Mahamudu Bawumia is likely to present the budget statement for the 2021 fiscal year on Friday, March 12, 2021. According to the leader of the majority caucus of parliament Hon. Kyei-Mensah Bonsu, the health status of the Finance Minister-Designate Ken Ofori-Atta is still not known …

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Peugeot to open car assembling plant in Ghana

Ghana will soon see popular car manufacturer, Peugeot, open a vehicle assembly facility in the country. This is according to the CEO of Silver Star Auto, the sole authorized distributor of Peugeot in Ghana. Mr. Asad Nazir says that talks with relevant authorities are far advanced and an official announcement …

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Chinese company claims US$55m from Ghana for cancellation of traffic management contract

A Chinese-based construction company, Beijing Everyway Traffic and Lighting Tech Co Ltd is claiming USD55 million from Ghana for cancelling a contract it awarded it to develop an intelligent traffic management system for the country. The Chinese-based company is also claiming the amount following the award of the same contract …

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Merchants to demand IDs for MTN MoMo transactions from February 1

Effective February 1, 2021, users of MTN MoMo will be required to present a valid national ID card for transactions at a MoMo agent point. Ghana Card, Driving License, passport, voter’s ID, SSNIT ID, NHIS are the valid Identification cards sanctioned to be used for transactions by MTN Ghana. According …

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