Some retailers of sachet water have increased the price of the product to 30 pesewas instead of 40 pesewas announced earlier. The National Association of Sachet and Packaged Water Producers had earlier announced that there will be an increment in the price of sachet water from the current 20 pesewas […]

Investment Banker and Agbogbomefia of Asogli State, Togbe Afede XIV has reacted to Bank of Ghana’s (BoG) response to his recent statements on the country’s monetary policy figures, saying that the Central Bank’s responses are “outright lies”. He says the explanations given by the Bank of Ghana are false misrepresentations […]

The Association of Mobile Money Agents has suspended its intended strike and demonstration against the controversial 1.75% e-levy. The demonstration was scheduled for Thursday, December 23, 2021. The Association said the decision to suspend the protest was premised on the fact that Parliament is on recess and unable to receive […]

The Minority in Parliament has assured Ghanaians that it is still against the Electronic Transaction Levy (E-Levy) and will use every available means to ensure it is not implemented. The government is seeking to charge all electronic transactions that exceed GHS100 with a tax of 1.75%. From the onset when […]

Chicago, Illinois – November 23, 2021. Today, United States District Judge Thomas M. Durkin dismissed in its entirety a complaint filed against GN Bank, its Chairman Dr. Papa Kwesi Nduom, GN Bank’s outside directors and others. The complaint was filed by Birim Group, LLC, a California Limited Liability Company whose […]

Ghanaians across the country are rushing to Mobile Money Vendors to cash out their deposits before the 1.7% Electronic Transaction Levy (e-levy) takes effect. The National Public Relations Officer for Mobile Money Agents Association, Mr Charles Adu who disclosed this in an exclusive interview with this reporter said their members […]

Remittances to low- and middle-income countries are projected to have grown a strong 7.3 percent to reach $589 billion in 2021. This return to growth is more robust than earlier estimates and follows the resilience of flows in 2020 when remittances declined by only 1.7 percent despite a severe global […]

Ministry of Roads and Highways has directed the immediate discontinuation of the collection of tolls on all roads and bridges across the country. This order according to a statement signed by the sector Minister, Kwasi Amoako-Attah is to take effect from Thursday, November 18, 2021, at 12:00am. It follows the […]