Business News

Business News

Corporate Tax Affecting Rural Financial Institutions

By Dr. Faith Ababio-Twi Rural financial institutions, particularly community banks, play an essential role in supporting farmers, teachers, nurses, fishermen, fishmongers, drivers, and other workers in rural communities. These banks serve as the primary financial institutions for salary transactions, small business loans, and other banking services. However, the imposition of […]

Business News

Bank of Ghana Raises Monetary Policy Rate to 28%

The Bank of Ghana’s Monetary Policy Committee (MPC) has increased the Monetary Policy Rate (MPR) by 100 basis points to 28%. This decision was made during the 123rd MPC meeting, where the committee cited concerns over inflation. Inflation remains above the central bank’s target. To prevent effects from prolonging inflationary […]

Business News

Vodafone Network Woes in Accra: A Call for Accountability…..Sankofaonline.com news commentary

Accra residents are raising their voices in frustration over the deteriorating quality of Vodafone’s network services. From alleged unstable internet connections and dropped voice calls to mysteriously vanishing data and unauthorized subscriptions, the grievances are mounting. Customers feel betrayed, as they continue to pay upfront for services that fail to […]