398MTN, in partnership with ayoba, Africa’s Super App, has reached an exciting 20 million monthly active users on 5th of December 2022. This represents growth of 100% compared to the 10 million monthly active users recorded at the same time last year. “We celebrate this milestone and are pleased that, through ayoba, we are able […]
Business
KGL Group Partners the African Lottery Authority(ALA) on Responsible Gaming
568The KGL Group, a wholly owned Ghanaian group of companies with interests in technology innovation, Fin-tech, Logistics, property development, gaming and commerce title sponsored the just ended African Lottery Authority Conference, held in Accra, Ghana from the 7th to the 10th of December 2022. Speaking at the conference on the theme “Responsible Gaming”, Alex Dadey, […]
Transport fares must come down without excuse – COPEC
475 The Executive Secretary of Chamber Of Petroleum Consumers (COPEC), Duncan Amoah has entreated commercial transport operators to show a sign of good faith by reducing transport fares following recent reduction in fuel prices. Mr. Amoah said fuel prices are likely to reduce to GH¢15.00, when the first window opens on December 16, 2022. He […]
Ghana’s inflation hits 50.3% for November
383 Continuous increases in prices of housing, electricity and fuel have pushed Ghana’s inflation rate to hit 50.3% for the month of November 2022. November’s inflation rate is a significant increase from the 40.4% recorded for October 2022. This was captured in the Consumer Price Index (CPI) data released by the Ghana Statistical Service (GSS) […]
Fuel prices to fall significantly from December 16, 2022
578Prices of petroleum products are expected to fall significantly beginning this Friday, December 16, 2022, the Institute of Energy Security (IES) has projected. According to IES, the expected price drops would be significant due to the 6.60% appreciation of the cedi against the US dollar. It said the new prices will fall to about ¢13 […]
Sekyere Rural Bank PLC Records Profit
822 The Sekyere Rural Bank has recorded a profit before tax of GH1,527,458 representing an impressive growth rate of 71% over the previous year 2021 respectively. The growth and performance of the bank loan portfolio largely contributed to the bank’s commendable monetary performance. Addressing the Bank’s 32nd Annual General Meeting of Shareholders at Jamasi, the […]
Antoinette Kwofie Of MTN Named CFO Of The Year
1,014 MTN Chief Financial Officer, Antoinette Kwofie has been awarded Chief Financial Officer (CFO) of the year at the Women’s Choice Awards Africa 2022. The award was in recognition of her remarkable achievements, leadership, and influence. She was presented with a plaque and a certificate at the awards ceremony in Accra. Her achievements include breaking […]
Finance Ministry ‘celebrates’ cedi gains against dollar in Bloomberg report
501 The Ministry of Finance has noted recent wins by the national currency, the Ghana cedi, according to a Bloomberg report of December 9. The official handle of the Ministry shared a photo from the Bloomberg article showing the gains made by the cedi. The graphic that showed that the Ghana cedi had posted the […]
More goodies for MTN customers in the ‘season of sharing’
556MTN Ghana is set to put smiles on Customers faces through the “MTN Season of Sharing” this December. As a way of sharing in the spirit of Christmas and keeping friends and families connected to each other, MTN’s Season of Sharing’’, will offer customers gifts and special packages throughout the month of December. This year, […]
Ghana Cedi Tops World Performer– Bloomberg…As Dollar Drops Big
575 Ghana’s currency, cedi took the title of the world’s best performer against the dollar this week. The cedi which in previous weeks performed abysmally has suddenly gained weight becoming the best performing currency in recent days. There is strong indication that the debt distressed country is moving closer to unlocking an International Monetary Fund […]