HomeBusiness

Business

NCA assures lower data prices by year-end

The National Communication Authority (NCA) has promised the public that data prices will lessen by the last quarter of the year, addressing concerns over high data costs and poor services. This announcement follows global censure and calls for the dissolution of the NCA board, partly...

Gobs of Ghanaians in tears as CEO of Dek-Nock Investments go Awol with their Money

Dozens have been left in tears after an investment company they had put their money in, some amounting to thousands of Ghana cedis, was abruptly closed down. According to reports, the Bank of Ghana closed down the Dek-Nock investment company located at Nungua-Buade for operating...

Concerned Drivers Association to ‘Bump Up” transport fares by 15%

The Concerned Drivers Association of Ghana has announced a 15% hike in transport fares, effective Monday, July 22. The association cited the rising cost of fuel as a primary reason for the fare increment, with some oil marketing companies now selling products at prices exceeding...

Financial sector stability maintained but credit growth declines – IMF

According to information released by the International Monetary Fund, Ghana's banking system stability has been maintained in spite of the Domestic Debt Exchange Programme (DDEP). On the other hand, as non-performing loans have increased, credit growth has slowed. “Despite facing capital shortfalls due to the implementation...

Recent data shows that the economy is recovering – BoG

According to Dr. Ernest Addison, the governor of the Bank of Ghana (BoG), recent evidence from other independent actors supports the claim that the economy is recovering.  Speaking on July 16, 2024, at the SME Growth and Opportunity Summit in Accra, the Governor maintained that...

MoMAG lauds Bawumia’s call for MoMo interoperability across Africa

The Mobile Money Advocacy Group, Ghana (MoMAG), has hailed the Vice President for calling on leaders on the continent to focus on creating the digital infrastructure necessary for mobile money transaction across the region. The Advocacy Group says the initiative, if implemented, will put their...