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 […]
Business News
Panic withdrawals hit mobile money nationwide over 1.7% e-levy
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 […]
Remittance flows register robust 7.3 percent growth in 2021 — World Bank
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 […]
Stop collecting road tolls from tomorrow – Roads Ministry orders
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 […]
NDC MPs threaten to reject 1.75% MoMo levy
The minority MPs in parliament have threatened to reject new taxes announced by Finance Minister, Ken Ofori-Atta, in the 2022 budget presentation. Ofori-Atta announced the scrapping of road tolls and the introduction of E-levy to cover Mobile money transactions, remittances, and other electronic transactions. Fees and charges of government services […]







