Mobile Money vendors have bemoaned the current armed robbery attacks targeted at them. According to these vendors, their safety is no longer guaranteed as they have become a target for robbery. Each passing day, they hear of a member being robbed in broad daylight. The complains follows a 26-year-old mobile money vendor who was shot …
An indigenous firm, SunPower Innovations, has said it is ready to partner the government to produce and deliver solar energy to businesses and communities in Ghana. According to the founder and the Chief Executive Officer, Ernest Amissah, it is time for the government and other development funding institutions to partner indigenous companies like SunPower Innovations …
The Institute for Energy Security (IES) wants government to help establish a green bank as well as explore the idea of offering renewable energy bonds – if it is truly committed to adding renewable energy to the country’s energy mix and helping industry get access to cheaper power. This, when done it says, could whip-up …
MTN Ghana says it would exploit the several opportunities in the digital and financial services space and invest in infrastructure to further accelerate the company’s growth in the future. Chief Executive Officer of MTN Ghana, Mr Selorm Adadevoh told a virtual shareholders meeting on Thursday that the company would continue to stick to the drivers …
The Bank of Ghana (BoG) has announced on Wednesday August 12 that in 2019, the banking industry reported a total number of 2,295 fraud cases as compared to 2,175 fraud cases reported in 2018. The central bank said the marginal increase in the number of fraud cases reported may partly be attributed to the improved …
Credit to the private sector declined by GHc1.24 billion in May 2020, according to the latest Bank of Ghana (BoG) Statistical Bulletin. This occurred during the peak of the coronavirus pandemic in the wake of government’s partially lockdown of the economy’s two biggest hubs for three weeks. According to the data, banks and other financial …
Parliament has approved GH¢11.896 billion as supplementary estimates for the 2020 financial year to meet government expenditure. The approval followed the request made by government in the Mid-Year Fiscal Policy Review of the 2020 Budget Statement and Economic Policy to Parliament pursuant to Section 28 of the Public Financial Management Act, 2016 (Act 921). Mr …
A recent study on C-Suite perceptivity of the economic impact of COVID-19 revealed that revenue connected to tourism, aviation, property sales and entertainment all decreased by over 90% in the first and second quarters of 2020. Conducted by industrialisation and supply chain expert Professor Douglas Boateng, the purposive study also explored the perceptions of Ghanaian …
The Ministry of Gender, Children and Social Protection (MGCSP) is considering paying the Livelihood Empowerment Against Poverty (LEAP) beneficiaries through mobile money to ease the stress of receiving their cash. Mrs Cynthia Mamle Morrison, the sector Minister made this known when she supervised payment to 120 LEAP beneficiaries at Nyakrom in the Agona West District …
Financial and risk advisory firm, Deloitte Ghana is proposing for an additional corporate tax deduction incentive for the worst-hit companies as a result of the coronavirus pandemic. According to the firm’s latest report in view of the 2020 mid-year budget review, the tax deduction policy when implemented will maintain at least 85 percent of employees …