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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 …
Read More »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 …
Read More »MOBILE MONEY TRANSACTIONS; NEW LIMITS
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 …
Read More »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 …
Read More »KASOA ON STREET HAWKING
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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »IMF approves second $600m for immediate disbursement to Ghana
The International Monetary Fund (IMF) has approved the second tranche of US$600 million for Ghana. The IMF announced this in a statement on Friday, January 19, 2024. “The Executive Board of the International Monetary Fund (IMF) completed today the First review of the $3 billion, 36-month Extended Credit Facility (ECF) …
Read More »15% VAT imposition on electricity harsh – Joe Jackson
Joe Jackson, Director of Business Operations at Dalex Finance has criticised the government’s decision to impose a 15% Value Added Tax (VAT) on specific electricity consumers. He described the move as “harsh” and argued that it disproportionately burdens low-income families. A January 1st letter from Finance Minister Ken Ofori-Atta instructed …
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