Amidst threats of power shutdown by the Independent Power Producers (IPPs), the Managing Director of the Electricity Company (ECG), Samuel Dubik Mahama, has said that monies owed IPPs have not yet been paid but there has been a significate progress in agreement. According to a report on myjoyonline.com, the MD …
Read More »MTN makes U-turn on new withdrawal fee, maintains 1% charge
Telecommunication network giant, MTN, has withdrawn the planned review of the cash-out fee for mobile money. It had earlier announced that starting Saturday, July 1, 2023, customers will experience an adjustment in fees for cash-out transactions that exceed a specific threshold [GH¢2,000 and above]. The GH¢20 flat rate charge on …
Read More »Most banks have signed up to use armoured bullion vans starting July 1 – ABOG
Alhaji Iddi Sumaila, President of the Association of Bullion Operators Ghana (ABOG), has disclosed that starting July 1, 2023, only armoured bullion vans will be used. According to him, no soft-skinned vehicle will be utilised to convey cash. He stated that the Association is dedicated to ensuring that all banks …
Read More »Ghanaian, 5 others arrested in Turkey over Africa-bound $1 billion counterfeit money
Turkish security forces have seized $1 billion in counterfeit money and arrested six individuals involved in the operation, according to a report by reuters.com. Among the detainees were one Ghanaian national and three Swedish citizens, as confirmed by the governor’s office of Turkey on Friday, June 9, 2023. The office …
Read More »Kenya to roll out 1 million locally assembled smartphones in 2 months
Kenya plans to roll out the first consignment of one million locally assembled smartphones in two months at a unit retail price of Ksh5,484 ($40), in a bid to foster digital access and inclusion. ICT Cabinet Secretary Eliud Owalo said the affordability of smart devices has been a major hindrance …
Read More »Water tariffs to go up from June 1
The cost of water services will see an increment following review and approval by the Public Utilities Regulatory Commission (PURC) effective June 1, 2023. PURC in a statement for the review for the second quarter of 2023 also announced increased tariffs for electricity and natural gas by 18.36% across the …
Read More »VIDEO: Kumasi-based Silver FM burnt, 1 injured
Several pieces of radio equipment worth millions of cedis have been burnt in a fire outbreak at Kumasi-based radio station, Silver FM. The incident, which occurred Saturday dawn razed all electrical appliances, including consoles in the two main studios of the station. The fire started during a live radio preaching …
Read More »No Form 1 student should be turned away for inability to procure items on prospectus – Adutwum
The Minister for Education, Dr Yaw Adutwum, has cautioned the Conference of Heads of Assisted Secondary Schools (CHASS) and Principals of Technical and Vocational Education and Training (TVET) Institutions, against preventing students from reporting to school for their studies due to their inability to procure items on the various prospectus …
Read More »WATCH: Medikal enlists ex-girlfriend Sister Derby for new 2-in-1 song; ‘Cold & Trophies’
Medikal has released a new Hiphop song and surprisingly, it features his former girlfriend Deborah Vanessa, alias Sister Derby. Titled ‘Cold & Trophies’, the song appears to be 2-in-1 and spans 5 minutes and 9 seconds. It was released today, Thursday, March 9, 2023, together with a music video. Beginning …
Read More »Chris Hughton rejects GFA’s 1-year contract offer for Black Stars job – Reports
Newly-appointed Black Stars coach, Chris Hughton has reportedly rejected a one-year contract offer by the Ghana Football Association, Original FM reports. According to the Accra-based station, Chris Hughton has been offered a one-year deal which he outrightly rejected. The report indicates that the former Brighton and Hove Albion coach is demanding a three-year deal as he believes …
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