BUSINESS

Communications Minister, Ursula Owusu-Ekuful has accused the mobile telecommunications companies of milking consumers over the implementation of the recently increased Communication Service Tax (CST). In a letter written to the National Communication Authority (NCA), the Minister said before the increment in the CST from 6 to 9 percent, telcos were …

The Communications Ministry has ordered Mobile Network Operators (MNOs) to stop passing on the 9% Communication Service Tax (CST) to subscribers. In a letter addressed to the National Communications Authority (NCA), and published in full below, the Communications Ministry stated that the CST should be treated the same way VAT, NHIL, …

Head potters, popularly called ‘kayaayei’, have increased their charges for the services they offer. According to the lady porters, the increase has become necessary due to recent increment in fares and utility tariffs in the country. They explained that though they did not have specific charges, they had agreed not …

The Chief executive Officer (CEO) of the Afro-Arab Group, Alhaji Salamu Amadu won the award for the Banking and Finance category of the 2019 40 Under 40 Awards. He owns the Afro-Arab Microfinance Company Limited, a Tier-2 microfinance company licensed by Bank of Ghana to operate the business of microfinance. …

The International Monetary Fund (IMF) has given Ghana’s economy a clean bill of health. According to the fund, Ghana’s economy remained stable and projected a seven per cent Gross Domestic Product (GDP) growth for 2019. A team from the Breton Woods institution, led by Mr Carlo A.E. Sdralevich, which is …

Senior Minister, Yaw Osafo-Maafo has lamented over Ghana spending US$1.35 billion last year on rice importation alone. According to him, foreign exchange that could be used on machinery to modernise the economy was spent on rice although rice could be grown in every part of the country. Mr Osafo-Maafo made …

In quest to push Made in Ghana products to the world, One of the fastest growing fashion designer in Ghana Rafarazzi presented his Fanny pack/waist bag which has risen to be the passport for Ghanaians living abroad popularly known as #ghanaba?? to the Italian Ambassador to Ghana His Excellency Giovanni …

Aker Energy AS (“Aker Energy”) and Africa Finance Corporation (“AFC”) today announced the appointment of Mr. Samaila Zubairu as Vice Chairman of Aker Energy’s Board of Directors.  Mr. Samaila Zubairu is the President and CEO of Africa Finance Corporation (AFC), the leading infrastructure solutions provider in Africa. The institution has 25 African member …

A Tunisian court has released a presidential candidate days before he is due to stand in Sunday’s second round of national elections. A Tunis appeals court annulled the detention order for Nabil Karoui, who was arrested last month on charges of money laundering and tax fraud. The 56-year-old media mogul …

Minister of Communication, Mrs Ursula Owusu-Ekuful, has said that her ministry is determined to implement programmes that will ensure an end to the stereotyping that thwarts the efforts of young women pursuing science and technology courses in Ghana. According to her, the number of young women in the ICT sector …