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 […]
Business News
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 […]
Two Chinese nationals were fined Ghc2.8m over the illegal gold deal
A Tarkwa Circuit Court presided over by Her Honour Hathia Ama Manu has convicted two Chinese nationals, Chen Hung, Labania and Chen Xhili Andy, and two Ghanaians, Stephen Arthur and Prince Dennis Aidoo for unlawfully dealing in gold and money laundering. The Court found each of them liable to pay […]







