BUSINESS

      United Bank for Africa (UBA) Ghana has been ranked number 1 in Customer Experience in the third edition of the KPMG Ghana Banking Industry Customer Experience (BICX) Survey.   The survey which aims to understand customers’ banking experiences and their expectations from banks was conducted in 2022 …

The Bank of Ghana (BoG) has assured Ghanaians that it has sufficient gold reserves to continue the gold-for-oil policy. In its turn before the Public Accounts Committee, the central bank stated that it was well-positioned to meet the transactional demand of 160,000 ounces of gold per month. The bank was represented before …

A teacher who was wrongfully handed a 20-year jail term has been acquitted and discharged of any wrongdoing after spending 6 years in custody. Maxwell Bernieh in an interview with Connect FM, narrated the ordeal of how he was wrongfully accused of rape just one month after starting his job. …

The National Communications Authority (NCA) says it has granted conditional approval for the transfer of 70 percent of government’s shares in Ghana Telecommunications Company Limited held by Vodafone Ghana to Telecel Group. The development comes after government had earlier received and later rejected an application by Vodafone Ghana to transfer …

The Public Utilities Regulatory Commission (PURC) has reportedly increased the tariffs for utility services. According to GTV, the PURC has agreed on increasing electricity and water tariffs by 29.96 percent and 8.3 percent, respectively. “Public Utilities Regulatory Commission (PURC) increases electricity tariffs by 29.96% and water tariffs by 8.3%. “All …

The country in recent times has landed itself in an economic downturn. Presently, the country’s inflation stands at 54.1 percent, the cedi is currently struggling against the major foreign currencies after a free fall in December last year. Generally, there is a high cost of living. The government is currently seeking …

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The Office of the Registrar of Companies (ORC) has announced an increament in the fees and charges on all transactions, including the incorporation and registration of businesses, amendments, and the filing of annual returns. In a press release, the ORC said that the increase is in line with the Fees …

Ghana Revenue Authority (GRA) is demanding an amount of US$773 million from MTN Ghana, the local subsidiary of the MTN Group, the South African mobile telecom giant. According to documents sighted by GhanaWeb, the amount is in lieu of back taxes over a five-year period spanning 2014 to 2018. It …

The Social Security and National Insurance Trust (SSNIT) has announced an increment in the maximum insurable earnings for 2023 from ¢35,000 to ¢42,000. The increment, according to SSNIT, comes on the back of careful consultation with the National Pensions Regulatory Authority in accordance with Section 63 (3) of the National Pensions Act …