1,595 The first tranche of the $3 billion International Monetary Fund Extended Credit Facility (ECF) has been credited to the Bank of Ghana’s account. Joy Business has learnt that the $600 million inflow arrived late afternoon of Friday, May 19, 2023. Joy Business had earlier reported that the IMF Board will approve the “cash disbursement” […]
Business
MTN Ghana Celebrates Over 500 Customers On Mother’s Day
2,004 MTN Ghana gave a special treat to over 500 women across the country as part of activities to mark this year’s Mother’s Day celebrations. A number of mothers were treated to the MTN Movie Mania experience at the Golden Eagle Cinema in Kumasi. Other mothers received gift items such as electronic vouchers from Max […]
Sinapi Aba Savings And Loans Wins Innovation Hero Award
1,948 Temenos announced its 2023 Client Awards Winners at the Temenos Community Forum (TCF) in Vienna, celebrating the global pioneers, innovators, and visionaries in banking. Sinapi Aba Savings and Loans was awarded the covetous Innovation Hero Award, only the second time since its inception. This award is in respect of the Financial Institution’s innovative Digital […]
Electricity and gas tariffs up by 18.36% – PURC announces
2,481 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 […]
UBA dragged to court over $80,565
2,684 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 […]
GIHOC staff demonstrate over delay in salaries, demand the removal of MD
2,277 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 […]
MTN GlobalConnect rebrands as ‘Bayobab’ to strengthen its commitment to digitally connecting Africa
1,884MTN 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 […]
Public transport operators reduce fares by 10% from May 17
1,894Following 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 […]
Fuel prices to fall again from May 16 – IES
2,025Prices of petrol, diesel and Liquefied Petroleum Gas (LPG) are expected to fall marginally again at the pumps from tomorrow, May 16,2023, for the next 14 days. According to the Institute for Energy Security (IES), this is on the back of a reduction in prices of finished products on the world market and the stability […]
Ken Ofori-Atta And Ghana Revenue Authority (GRA) Should STOP The Imposition of Killer Taxes On The Lottery and Sports Betting Companies
1,509Lotto 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 […]









