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Tag Archives: increased

Free SHS policy is poorly targeted, only increased enrolment – IMF

International Monetary Fund (IMF) has criticised Ghana’s free Senior High School policy saying, although it has increased enrolment, it is poorly targeted. “Ghana spends close to 4 percent of GDP on education with good results in terms of enrolment but poor learning outcomes. The flagship programme Free Senior High School …

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Fee for registration of businesses increased

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 …

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MoMo transaction limits increased

MTN Mobile Money(MoMo) has implemented the Bank of Ghana (BoG) approved increase in daily and monthly transaction limits as well as maximum wallet balances. A statement issued by MTN said: Customers with Daily Transaction Limits of GH¢1,000, GH¢5,000 and GH¢10,000 have had their limits increased to GH¢2,000, GH¢10,000 and GH¢15,000 respectively.” Additionally, …

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Ghana’s public debt increased by GH₵93bn due to cedi depreciation – Ofori-Atta

Ken Ofori-Atta, Minister of Finance, disclosed in the 2023 budget statement that Ghana’s public debt has increased by GH₵93 billion ($6.53 billion at the current rate) due to the depreciation of the Ghanaian cedi since the beginning of 2022. According to him, the said amount is twice more than the …

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GACL wants GH¢5 service charge for domestic flights increased

The traveling public should be prepared to pay more for domestic air travel in the future, if proposals by the Ghana Airports Company Limited (GACL) for a review of the current GH¢5 per passenger Airport Passenger Service Charge (APSC) on all domestic flights is accepted by Parliament. The GACL, a state-owned …

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We increased tariffs to prevent future dumsor – PURC

The Executive Secretary of the Public Utilities Regulatory Commission (PURC), Dr. Ishmael Ackah has said utility tariffs were increased to avert future power outages. The electricity and water tariffs were increased by 27.15% and 21.55% respectively and took effect yesterday, Thursday, September 1, 2022. Dr. Ackah told Class News’ Elisha …

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The four African billionaires whose net worth have increased since start of 2022

Only four of the 21 African businessmen on our radar with a net worth of $1 billion or more have seen their fortunes improve since the beginning of the year. Among them are Africa’s richest man Aliko Dangote and Egypt’s wealthiest man Nassef Sawiris. The recent surge in the shares …

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GPRTU has increased fares by 20% and not 15% – True Drivers Union

The True Drivers Union has taken a swipe at the Ghana Private Road Transport Union (GPRTU), accusing it of deceiving Ghanaians. Public Relations Officer of the Union, Yaw Barimah, is alleging that the GPRTU is charging Ghanaians more than the 15% increment they announced. Speaking on Nyankonton Mu Nsem on …

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Expect new ‘trotro’ fares on Wednesday – Concerned Drivers

Commercial transport operators bemoan taxes on fuel prices Drivers running at losses due to fuel price increments – GPRTU We’ll still push for a reduction in taxes on fuel-Concerned Drivers Public Relations Officer of the Concerned Drivers Association, David Agboado, has stated that the drivers will on Wednesday, February 2, …

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