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4,327 A former Deputy Chief Executive Officer (CEO), Thomas Manu has asked Fidelity Bank to officially states its position on GH¢10 billion ESLA PLC bonds. In a letter written to the bond trustees of the Fidelity Bank by his lawyer, Martin Kpebu on Monday, February 6, he wondered why the trustees did not object to […]
4,102 The Bank of Ghana (BOG) has justified its funding support to the 2022 budget presented by the New Patriotic Party (NPP) government According to the BOG, the support of ¢44.5 billion to the government avoided external and domestic debt default in 2022. In a statement copied to the press, the Bank of Ghana said […]
1,659 Data from the Bank of Ghana indicates a downward trajectory of both consumer and business confidence in the general economy since the end of 2020. Both the Consumer and Business Confidence Indices have consistently been below the 100 mark since January 2021. The consumer confidence index has averaged 86.13 during this period while the […]
2,102 MTN Ghana has announced the addition of a new network code 053. This new network code complements the existing codes of 024, 025, 054, 055 and 059. Commenting on the new network code, the Chief Sales and Distribution Officer of MTN Ghana, Samuel Addo, said “in this digital age, it is important we ensure […]
1,551 MTN Ghana Foundation has announced the comeback of its annual blood donation exercise dubbed “Save a Life” after a two year break due to the COVID-19 pandemic. The program was initiated to give staff of MTN, its trade partners and the public the opportunity to show love on Valentine’s Day by donating a unit […]
1,907 Scancom PLC (MTN Ghana) has announced an upward review of the tariffs of its products and services effective February 07, 2023. The review is as result of two changes. Firstly, the implementation of the 2.5% statutory adjustment of VAT from 12.5% to 15% across all services. This will impact both Prepaid and Post-paid customers. […]
1,861 Starting tomorrow ,Monday 6TH February,2023 , Independent petrol marketers in Nigeria are expected to close down operations as the government enforces the N195/liter pump price for Premium Motor Spirit, commonly referred to as petrol. The decision to sell petrol at N195/liter was made at a meeting in Abuja between the Nigerian National Petroleum Company […]
2,204 Ghana National Gas Company (GNGC) has commenced the process of adding a second gas processing plant to increase the national processing capacity to 450 million standard cubic feet per day (mmscfd). The plant, to be known as Train Two, of the Gas Processing Plant (GPP), will be constructed at a cost of $700 million […]
1,612 A leading Oil Marketing Company (OMC), GOIL, has attributed the reduction in the price of diesel today, January 3, 2023 to the impact of the Barter of ‘Gold for Oil’ barter programme. GOIL announced a 4% reduction in the price of diesel, resulting in a litre selling at ¢15.25. The company, however kept […]
1,938 The Ghana Private Road Transport Union (GPRTU) will meet next week to decide on an upward review of transport fares following the increases in fuel prices, the Industrial Relations Director of GPRTU, Alhaji Abass Imoro has said. According to him, the prices of fuel have gone up and tariffs for water and electricity have […]