Business

MTN, Telecel explanation; AirtelTigo’s boast: What telcos have said about internet outage

Business News of Sunday, 17 March 2024 Source: www.ghanaweb.com   Logos of Ghana’ major telecom operators – MTN, AirtelTigo and Telecel   Internet connectivity has become a very topical issue since March 14, 2024, when it was confirmed that undersea cables that serve most West African countries had been disrupted. Ghana’s three telecommunications outfits recorded massive drops in data service quality ...

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Full internet services to be restored in minimum of 5 weeks – NCA

Business News of Saturday, 16 March 2024 Source: www.ghanaweb.com NCA Headquarters in Accra | File photo The National Communication Authority (NCA) has announced that repairs to undersea cables that have adversely affected data services in the country will take a minimum of five weeks. In the NCA’s 4th update on the internet situation in the country, the regulator indicated that the ...

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IMF Managing Director arrives in Ghana; scheduled to meet Akufo-Addo, Bawumia, others

Business News of Sunday, 17 March 2024 Source: www.ghanaweb.com   Dr. Mohamed Amin Adam, Minister of Finance and IMF MD, Kristalina Georgieva   The Managing Director of the International Monetary Fund (IMF), Madam Kristalina Georgieva, has arrived in Accra ahead of bilateral talks with President Akufo-Addo, Vice President Mahamudu Bawumia, Finance Minister Mohammed Amin Adam, Bank of Governor Ernest Addison, and other high-ranking ...

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Air passengers to pay $20 on all round-trip tickets at KIA

Business News of Wednesday, 13 March 2024 Source: classfmonline.com Inside Terminal 3 of the Kotoka International Airport   From 1 May 2024, air passengers will be required to pay $20 for baggage belt overhauling and other maintenance issues at the Kotoka International Airport. A letter from the management of the Ghana Airports Company Limited (GACL) addressed to the Chairperson of the ...

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Gold-for-Oil Policy slashed Inflation from 54.1% to 23.5% in January 2023 – Abena Osei-Asare

Business News of Thursday, 29 February 2024 Source: www.ghanaweb.live   Abena Osei-Asare   Abena Osei-Asare, the Minister of State Designate for the Finance Ministry, has attributed the reduction in the country’s inflation rate from 54.1 percent to 23.5 percent in January 2023 to the gold-for-oil policy by the government. The policy was introduced with the aim of addressing Ghana’s dwindling foreign ...

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GRA urges continued support for E-levy amid revenue success

Business News of Friday, 1 March 2024 Source: thebftonline.com Ghana Revenue Authority (GRA) The Ghana Revenue Authority (GRA) has emphasised the importance of sustaining the Electronic Transaction Services Levy (e-levy), citing its significant contribution to the nation’s revenue. With the e-levy generating GH₵1.19billion in 2023, surpassing its target by GH₵83.15million, the GRA has urged stakeholders to refrain from plans to cancel ...

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VIDEO: U.S warns of aid reduction to Ghana if Akufo-Addo signs anti-LGBTQ bill

General News of Friday, 1 March 2024 Source: www.ghanaweb.live U.S. State Department spokesperson, Matt Miller The United States has issued a cautionary statement, indicating the possibility of reducing foreign aid to Ghana if President Nana Addo Dankwa Akufo-Addo signs a recently approved bill criminalising LGBTQ activities into law. Parliament, on February 27, 2024, passed the anti-LGBTQ bill, proposing prison sentences of up to ...

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IMF expresses concerns over Ghana’s anti-LGBTQ bill, cautions on economic implications

Business News of Friday, 1 March 2024 Source: www.ghanaweb.live International Monetary Fund (IMF) The International Monetary Fund (IMF) has voiced its vigilance over recent developments in Ghana after lawmakers approved a bill proposing up to three years of imprisonment for individuals identifying as LGBTQ. In a statement from its Washington headquarters, the IMF emphasized its commitment to diversity and inclusion, citing ...

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Gold-for-Oil has reduced forex pressures on bulk energy storage – Akufo-Addo

Business News of Tuesday, 27 February 2024 Source: www.ghanaweb.complay videoPresident Nana Addo Dankwa Akufo-Addo President Nana Addo Dankwa Akufo-Addo has touted government’s achievement in the implementation of the gold-for-oil programme. According to him, the implementation of the gold-for-oil programme has reduced the forex pressures on bulk energy storage, transportation and bulk imports. He said the programme has helped the government negotiate more competitive ...

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