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The Ministry of Communication has announced it is taking frantic steps to break the near monopoly MTN Ghana enjoys as its dominance is not helpful for the growth of the Ghana Telco space. In a statement released Sunday, it emerged that almost 92% of Ghana’s 4G spectrum is covered by …
Read More »COVID-19 Slows Down Banking Sector Business
Mr John Awuah, the Deputy Chief Executive Officer of Ghana Association of Bankers, has revealed that the advent of the COVID-19 pandemic has slowed down banking business and increased risk of impact on loan performance. COVID-19 has had a negative impact on the economy and the banking sector as economic …
Read More »GRA replies IMANI Africa
Management of the Ghana Revenue Authority (GRA) has responded to some assertions made by IMANI Africa against the newly deployed Integrated Customs Management System (ICUMS). GRA in a press release on Sunday June 7, 2020, addressed the concerns raised by the policy think tank. Read fully GRA’s response to IMANI …
Read More »Port operations have not reverted to pre-2002 manual system – GRA
The Ghana Revenue Authority (GRA) has dismissed claims by Imani Ghana that port operations in the country have reverted to pre-2002 manual system due to the introduction of the Integrated Customs Management System (ICUMS). According to GRA in a statement signed by Florence Asante, Assistant Commissioner, Communication and Public Affairs, …
Read More »Cristiano Ronaldo is first ever billionaire footballer
According to Forbes, the Juventus talisman has now joined fellow sportsmen Tiger Woods and Floyd Mayweather in the billionaire’s club, hence, making him football’s first-ever ten-figure player. The Portuguese captain earned $105 million before taxes and fees in the past year making him the first footballer in the history of …
Read More »Export of cocoa beans and products increased by 5% in 2019
Exports of cocoa beans and products increased by 5.0 per cent to US$2.29 billion in 2019, the Bank of Ghana (BoG) has said in its 2019 Annual Report. The report said cocoa beans exported amounted to US$1.45 billion, an increase of 3.2 per cent compared to the value in 2018. …
Read More »UNIPASS platform milking GUTA members dry
The Ghana Union of Traders Association (GUTA), has appealed to the Akufo-Addo government to speedily fix the challenges bedevilling the implementation of Ghana Revenue Authority’s (GRA)’s new Integrated Customs Management Systems, also known as UNIPASS. According to the traders, the existing difficulties with the system which is causing delays, are …
Read More »AngloGold Ashanti constructs road at Obuasi to improve transport network
The AngloGold Ashanti Obuasi Mine, is financing the construction and asphalting of a 1.3-kilometre road in the Obausi Municipality. The project estimated at GH¢5.7 million is part of the company’s corporate social responsibility initiative in the community. Mr Eric Asubonteng, the Managing Director of the Company, who made this known …
Read More »Cars being cleared for GH¢14 on ‘quack’ UNIPASS platform – IMANI
Policy think tank IMANI Africa says UNIPAS, which is the new Customs Management system introduced at Ghana’s ports and frontiers is causing the country millions in loses. In a release copied to GhanaWeb, the group says the new system which was introduced to improve efficiency at the ports has in …
Read More »Accra International Conference Centre gradually rots away
Conferences and programmes that have been earmarked to take place at the Accra International Conference Centre (AICC) when the Africa Continental Free Trade Area (AfCFTA) agreement finally takes off may be unfeasible as a result of the poor state of the facility. The AICC, the country’s flagship event venue that …
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