Business General News

Electricity and gas tariffs up by 18.36% – PURC announces

553  The Public Utilities Regulatory Commission (PURC) has announced an 18.36% increase in electricity and natural gas tariffs for all consumer groups following its review of the second quarter of 2023. This decision was made in order to prevent prolonged power outages and the associated negative impacts on employment and livelihoods, while also trying to […]

Business General News

UBA dragged to court over $80,565

629  A Kumasi business man, Osei Kwabena, operating Osei Kwabena Trading Enterprise has hauled the United Bank for Ghana to the High court (Commercial Division) over $80,565. With UBA, the first defendant, is one Prince Effah, a former UBA Branch manager, as second defendant. The plaintiff claims, second defendant fraudulently appropriated $80,565 as an employee […]

Business General News

GIHOC staff demonstrate over delay in salaries, demand the removal of MD

556  Some employees of GIHOC Distilleries Company Limited on Tuesday held a protest at the premises of the company for an improvement in their conditions of service. The employees, clad in red, were agitated by what they said was a delay in payment of their salaries and other entitlements. These entitlements, they claimed, included months-long […]

Business General News

MTN GlobalConnect rebrands as ‘Bayobab’ to strengthen its commitment to digitally connecting Africa

495MTN GlobalConnect announced an important step in the evolution of its business through the unveiling of its new name and positioning – Bayobab. The brand reveal took place at International Telecommunications Week (ITW) Conference in Washington DC, attended by over 6000 delegates from across the digital wholesale telecoms community. The new identity, Bayobab, represents the […]

Business General News

Public transport operators reduce fares by 10% from May 17

399Following continuous reduction in prices of petroleum products in recent weeks, transport operators have agreed to review fares downwards effective Wednesday, May 17, 2023. The decision was announced in a statement released by the Road Transport Operators on Monday, May 15. In a statement jointly signed by the General Secretary of the Ghana Road Transport […]

Business General News

Ken Ofori-Atta And Ghana Revenue Authority (GRA) Should STOP The Imposition of Killer Taxes On The Lottery and Sports Betting Companies

306Lotto and Betting Players vehemently kick against the imposition of nuisance taxes on lottery and betting games. According to the reports widely received so far suggest that, players of lottery products and sports betting games across Ghana are seriously unhappy with Akufo-Addo’s Government and Ken Ofori-Atta for attempting to impose 20% Income tax on the […]

Business Social

SSNIT rolls out pension for self-employed workers …as payment of contributions made easier using mobile money, debit cards

430The Social Security and National Insurance Trust (SSNIT), has rolled out an initiative to provide pensions and related benefits to self-employed workers in the informal sector. The initiative dubbed Self-Employed Enrolment Drive (SEED), focuses on fulfilling the mandate placed on the Trust (SSNIT) to extend pension coverage to all workers especially, the self-employed. In pursuit […]

Business General News

MTN Ghana Appoints Adwoa Afriyie Wiafe As Chief Corporate Services And Sustainability Officer

700MTN Ghana has appointed Adwoa Afriyie Wiafe as Chief Corporate Services and Sustainability Officer (CCSSO) effective 1st May 2023. In her role, Adwoa will have oversight responsibility for the Corporate Services function focusing on Regulatory Affairs, Sustainability, Corporate Communications and Commercial Legal departments. She will also serve on the MTN Ghana Foundation Board as Executive […]