The Chartered Institute of Bankers (CIB) Ghana has successfully held its 2021 Bankers’ Dinner event on the theme, ‘the Digital Economy of Ghana – the Strategic Role of the Banking Industry’. The annual event was set to appreciate and express gratitude towards stakeholders’ hard work in the banking sector, likewise their contribution to...[READ MORE]
British Prime Minister Boris Johnson appointed the foreign minister to lead talks with Europe Sunday after the resignation of the Brexit minister sent shockwaves through the already troubled London administration. Foreign Secretary Liz Truss will take on the EU negotiating brief — including the knotty issue of Northern Ireland’s relationship with Brussels...[READ MORE]
Mobile Network Operators in Ghana have agreed to a 25% cut in mobile money transaction charges to accommodate the controversial E-Levy proposed by the government in the 2022 budget. “We have had extensive deliberation with the government on the need to lessen the impact on our consumers. We acknowledge the need to expand the tax base. However, to reduce the...[READ MORE]
North Tongu lawmaker, Samuel Okudzeto Ablakwa has said that the allocation of GHS242milion E-levy services has been expunged from the budget. He said the deal has been totally removed, quashed. Parliament on Friday December 17 passed the appropriation bill but did not consider the...[READ MORE]
As part of its long-standing cooperation with law enforcement Agencies, the Bank of Ghana (BoG) says it, from time to time, requests the Economic and Organised Crime Office (EOCO) to investigate specific cases of suspected financial crimes and liaises with the appropriate agencies for possible prosecution of suspected persons. Pursuant to this, a number of referrals...[READ MORE]
Insurance Group, Hollard Ghana and its subsidiaries, Hollard Insurance and Hollard Life Assurance, has refurbished the Information Communication Technology (ICT) centre of the Nima Cluster of Schools as part of its social impact drive to give back to society. The renovation works that cost about GHS 70,000, included repairing and replacing 46 computers, the...[READ MORE]
Senior Manager in charge of Sustainability at Anglogold Ashanti Emmanuel Baidoo has assured residents of Obuasi that the annual Obuasi Trade Show which has created opportunities for local businesses to expand has come to stay. He, therefore, called on stakeholders in Obuasi to join forces with the Mine to sustain the programme. Mr....[READ MORE]
Think tank Africa Centre for Retirement Research (ACRR) is calling for an increase in the minimum pension of GH¢300 from next year. According to its post-retirement income survey conducted in October, 2020, eight out of 10 retirees in Ghana rely on social security payouts as their main source of livelihood and on average each retiree has six...[READ MORE]
Chairman-designate of Tullow Oil plc Phuthuma Nhleko and Chief Executive Officer, Rahul Dhir will pay a two-day working visit to Ghana from the 15th to 16th of December 2021. In October 2021, Tullow Oil plc announced the appointment of Mr. Phuthuma Nhleko as an independent non-executive Director and Chairman-designate of Tullow Oil Plc...[READ MORE]
WASHINGTON — The Federal Reserve will quicken the pace at which it’s pulling back its support for the economy as inflation surges, and it expects to raise interest rates three times next year. In a sharp policy shift, the Fed announced Wednesday that it will shrink its monthly bond purchases at twice the pace it previously announced, likely ending them...[READ MORE]