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Special Prosecutor starts investigation into banking sector crisis

The Office of the Special Prosecutor (OSP) says it has commenced investigations into the banking and financial sector crisis which led to the collapse of some banks in the country. “The investigations target alleged corruption and corruption-related offences perpetrated by ...

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NDC holds town-hall meeting today in Kumasi over ‘ailing economy and e-levy

The National Democratic Congress (NDC) will today Monday, January 24, hold a town-hall meeting in Kumasi. The meeting, organised under the auspices of the National Communications Bureau, will be held at the Great Hall of the Kwame Nkrumah University of ...

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BoG to offload US$450m to stabilize cedi in first quarter

The Bank of Ghana has indicated it will pump US$450million into the forex market during the first quarter in a bid to stabilise the local currency against the US dollar. This was announced in a release by the bank on ...

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Reversal of benchmark value reduction to take effect today

The implementation of the reversal of the 50 percent benchmark value on imports will take effect from today, Tuesday, January 4, 2022. This was announced in a press statement issued by the Ghana Revenue Authority, (GRA) on Sunday, January 2, ...

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Mobile money agents to go on strike Thursday over e-levy

Leadership of the Mobile Money Agents Association of Ghana (MMAAG) has announced its intention to embark on an industrial action on Thursday, December 23. “All agents will go on strike hence all outlets will remain closed.” This was contained in a statement ...

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Telcos to reduce charges by 25% to lesson burden of e-Levy on customers – Telecoms Chamber

Telecommunication companies and their mobile money operators have agreed to reduce the charges on transactions by 25% amid the possible introduction of the e-Levy. According to the Ghana Chamber of Telecommunications (GTC), the decision was taken following extensive deliberations with ...

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Akufo-Addo appoints Sir John’s son as new CEO of GIPC

President of the Republic, Nana Addo Dankwa Akufo-Addo, under section 17 (3) of the Ghana Investment Promotion Centre (GIPC) Act 2013 (Act 865), has appointed Mr Yaw Amoateng Afriyie, son of the late Sir John, as Acting Deputy Chief Executive ...

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MTN Ghana Foundation contributes a total of 10m to support Govt fight against COVID-19

MTN Ghana Foundation has donated GHC5Million to National COVID Trust Fund to support government’s effort in combating Corona Virus pandemic in the country. This presentation brings MTN’s total contribution to the National COVID Trust Fund to Ghc10 million. Speaking at ...

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Capital Bank case: Ato Essien suffers sleep disorder

The founder of the defunct Capital Bank, William Ato Essien has been reported sick and has been diagnosed with “Obstructive Sleep Disorder.” Mr Essien and two others are standing trial for some 23 charges and have been asked to open ...

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