Sunday , June 16 2024

Business

MTN TO STOP OPERATING IN TWO AFRICAN COUNTRIES

MTN exits two African countries. It has struck a share purchase deal with Telecel to acquire MTN’s stakes in Guinea Bissau and Guinea Conakry. Launched in 1994, MTN Group is a leading emerging mobile operator in the world. MTN invested significantly in advanced communications networks. Connecting more than 203 million …

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THE CEDI AGAINST THE US DOLLAR

Cedi and Dollar

Ghana’s cedi has become Africa’s third-worst performing currency from January, 2024. The cedi is said to have depreciated by 8.63% against the United States dollar. Reports say that, the cedi’s depreciation is as a result of the gross dept of the country. Bloomberg stated that the ongoing debt restructuring programe …

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GHANA’S 67TH INDEPENDENCE DAY CELEBRATION

The annual celebration of Ghana’s Independence Day takes place on March 6. This year’s Independence Day celebration was launched in the Eastern Regional capital, Koforidua. The event is expected to take place at the Youth Resource Centre. On March 6, 1957, Ghana’s Prime Minister, DR Kwame Nkrumah declared Ghana free …

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MOBILITY AND RESIDENTIAL SPACES COLLABORATION

  Hyundai Motor company and Kia are set to collaborate with Samsung electronics (internet of things) platform to their car services. The three companies aim to break the boundaries between living and mobility spaces. This would enhance the time value of driving before, during and after. The mobility and residential …

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MOBILE MONEY TRANSACTIONS; NEW LIMITS

Mobile money transaction limit

The Bank of Ghana has made it known to the general public about the revision in balance and transaction limit for mobile money transactions. The announcement was about the upward revision of balance and transaction limits for customers. The change also looks at the amount of money customers can have …

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Legalize our operations or we’ll boycott 2024 elections – Okada Riders

The Okada Riders Association of Ghana has threatened to boycott the 2024 general elections if the government fails to legalize its operations. The riders have attributed this to the persistent harassment they endure at the hands of law enforcement officials due to the unregulated nature of their business. Speaking to …

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KASOA ON STREET HAWKING

on street hawking and pedestrian movement

Market women and men who run their businesses in the Kasoa have the habit of displaying their goods on the streets. In order words there is kasoa on street hawking. Although stalls and spaces have been provided for these workers, they still display their goods along the pedestrian walkways and …

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Mahama’s govt developed Ghana Card system, not Akufo-Addo’s administration – Sammy Gyamfi

The Communications Officer of the opposition National Democratic Congress (NDC), Sammy Gyamfi, has touted the significant contributions of the erstwhile John Mahama administration in developing the Ghana Card system. According to him, the NDC government started the implementation process of the Ghana Card as far back as 2016, arguing that …

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Suame Magazine spare parts dealers laud Bawumia’s flat rate on import duties for spare parts

In a media forum convened on Wednesday, 7th February 2024, in Accra, Dr Mahamudu Bawumia, the Vice President and current flagbearer of the New Patriotic Party (NPP), unveiled the party’s commitment to implementing a flat rate duty on spare parts imports. The Suame Magazine Spare Parts Dealers Association expresses its …

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I was recently denied US visa – Kofi Amoabeng

Businessman, Prince Kofi Amoabeng, has revealed he was recently denied a visa to the United States of America (USA). According to the co-founder of defunct UT Bank, he was scheduled for a routine medical check up but due to a court case, his passport had been confiscated. However, he was able …

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