Govt’s discontinuation of tow levy apt – GPRTU

The Ghana Private Road Transport Union (GPRTU) has lauded government’s decision to cancel the “controversial” and mandatory tow levy. The government said in a statement that the cessation of the implementation of the policy originally scheduled to...

Govt backs down on towing levy again

Government has canceled the controversial towing levy which was originally scheduled to have started in July. The decision comes after the mounting of opposition that greeted initial attempt by government to institute it. The policy would...

MTN pays mobile money subscribers GH₵ 25 million in interest

MTN Ghana has made payments of over GHS25 million in interest to about 7.8 million Mobile Money customers for the first half of 2017. The amount comprises of GHS13.6 million paid in May for quarter...

Access Bank rewards 1st draw winners in “Abusua Aky3de3”

The Access Bank “Abusua Aky3de3” promo has witnessed its first draw prize presentation held on Friday, 18 August, 2017 at the Rawlings Park in Accra. This follows a successful mini draw held and supervised...

UT/Capital banks collapse: Are the directors liable?

Without warning, the country has been thrown into deep discussions about the collapse of UT Bank and Capital Bank. We are told that quite a few other banks may join the wagon. UT Bank was...

Vodafone launches ‘Ekiki Mi’ promotion

Vodafone Ghana has launched the ‘Ekiki Mi’ Promotion as part of plans to expand its subscriber base in the coming months. ‘Ekiki Mi’ (I feel electrified) is an exciting and unprecedented opportunity for customers to...

ENERGY Bank opens Oxford street branch

Energy Bank Ghana continues to send banking to the door steps of consumers with the opening of the plush Oxford Street Branch, next to Papaye restaurant. The move is in line with its strategic drive...

Takeover of UT, Capital banks laudable – DI

The Danquah Institute, a research and policy analysis centre, has commended the Bank of Ghana over its decision to revoke the licenses of UT and Capital Banks. The two banks have since been swallowed by...

Address banking sector challenges – Akufo-Addo to BoG

President Nana Addo Dankwa Akufo-Addo has charged authorities of the Bank of Ghana to employ all creative means to address challenges confronting the nation's banking sector. "The need to entrench reputation and credibility in the...

BoG to punish banks over govt cash transfer

The Bank of Ghana (BoG) has served notice that it will be taking punitive actions against some commercial banks in the country for deliberately delaying the process of transferring government funds into the treasury...