Business

Business

Court throws out BoG’s appeal in GN Savings case

Source: Starr FM The Court of Appeal has thrown out an application from the Bank of Ghana (BoG), which challenged the jurisdiction of the High Court. BoG had argued that the High Court has no jurisdiction to hear the complaint which is challenging the revocation of GN Saving’ licence. It […]

Business

Claims of data breaches completely false – NCA

The National Communication Authority (NCA) has described as misleading claims of a breach of privacy of consumer information. A statement issued by the NCA “these claims are completely false.” The response from the NCA comes after a private legal practitioner, Mr. Francis Kwarteng Arthur, petitioned Vodafone Ghana’s mother company, the […]

Business

GRA endorses ICUMS for helping to meet revenue targets

The Ghana Revenue Authority has refuted claims that since introduction of the Integrated Customs Management System (ICUMS), the state has lost revenue. Rather, the authority has had its revenue projections on target even with the teething problems that greeted the start of the system on June 1, 2020. Commissioner General […]

Business

Banks call on government to help retrieve locked up funds

Mrs Comfort Owusu, the Executive Director of the Association of Rural Banks Ghana, has called on government to support Rural and Commercial Banks (RCBs) to retrieve locked up funds with the defunct financial institutions whose licenses were revoked. She appealed to government to consider a tax reduction from 25 per […]