By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Starr FMStarr FMStarr FM
  • Home
  • Election Hub
  • General
    GeneralShow More
    President Barrow leads Gambia to seal landmark waste management deal with Zoomlion
    October 28, 2026
    Kasoa: Police arrest three suspects over murder of MoMo vendor
    October 28, 2026
    Worawora riot: Four remanded over Akwantutenten Festival disturbances
    October 28, 2026
    Awingobit says Mahama is yet to appoint him despite 2024 election support
    October 28, 2026
    Awingobit questions government over failure to deliver solar streetlights
    October 28, 2026
  • Business
    BusinessShow More
    EPA Styrofoam ban campaign: Tamale palace honours EPA CEO with traditional environmental protection title
    October 29, 2026
    Yellow Card wins Gold in Diamond category at 2026 Money Awards
    October 27, 2026
    TOR inherited GH¢10bn in accumulated losses, US$517m debt – Managing Director
    October 26, 2026
    TOR targets 100,000-barrel daily capacity as Ghana eyes 70% local fuel supply
    October 26, 2026
    TOR records GH¢1.24bn profit in 2025 after decade of losses – Edmond Kombat
    October 26, 2026
  • Politics
    PoliticsShow More
    Mining without licence illegal regardless of location – Atchulo Abdul Baki
    October 28, 2026
    24-Hour Economy requires careful planning, not rush – NDC’s Zigfred Acquah
    October 28, 2026
    Yilo Krobo NDC Secretary results remains undeclared after recount dispute
    October 27, 2026
    South Africa Evacuation: Full probe necessary to solve financial discrepancies – Vitus Azeem
    October 27, 2026
    NDC constituency elections: No credible evidence of vote-buying – Rashid Tanko Computer
    October 26, 2026
  • Entertainment
    EntertainmentShow More
    Akwaaba UK unveils December in Ghana 2026 events lineup
    October 19, 2026
    MzVee, Sista Afia, Ugoccie and Sefa celebrate life on new single ‘Enjoyment’
    October 16, 2026
    ‘There is life after cancer’ – Stephanie Benson
    October 15, 2026
    Stephanie Benson calls for performance schools in Ghana
    October 15, 2026
    Working alone is scary, but my fans keep me going – Larruso
    October 14, 2026
  • Sports
    SportsShow More
    Andre Ayew inspires Black Challenge with donation ahead of 2026 Amputee World Cup
    October 28, 2026
    Mbappe brace drowns Barca in Clasico
    October 26, 2026
    GPL Roundup: Hearts win again as Ashgold hold Kotoko
    October 26, 2026
    UCL Match Day 3: PSG dominates Barca as Arsenal hold Bayern
    October 22, 2026
    GPL roundup: Medeama unbeaten run ends as Hearts and Kotoko get wins
    October 19, 2026
  • Technology
    TechnologyShow More
    Yellow Card wins Gold in Diamond category at 2026 Money Awards
    October 27, 2026
    Dorcas Affo-Toffey engages Ceris Technologies on port digitalisation, cybersecurity
    October 22, 2026
    BoG Governor urges IMF to boost Africa’s AI and digital capabilities
    October 14, 2026
    One Million Coders Programme to create 100,000 digital jobs – Sam George
    October 13, 2026
    Yellow Card named Diamond finalist at the 2026 Money Awards
    October 1, 2026
  • International
    InternationalShow More
    Mbappe brace drowns Barca in Clasico
    October 26, 2026
    Mahama meets UK Foreign Secretary Ed Miliband to strengthen Ghana-UK relations
    October 22, 2026
    UCL Match Day 3: PSG dominates Barca as Arsenal hold Bayern
    October 22, 2026
    President John Dramani Mahama advocates for clemency for 64 radio stations affected by NCA's regulatory shutdown, emphasising press freedom.
    ‘We are friends to all and enemies to none’ – Mahama courts global investors
    October 22, 2026
    Ghana pushes for IELTS exemption for students and professionals in UK
    October 22, 2026
  • Factometer
Search
© 2024 EIB Network Ltd. All Rights Reserved.
Reading: NLA to formalise ‘Banker to Banker’ operators
Share
Notification Show More
Font ResizerAa
Starr FMStarr FM
Font ResizerAa
  • Headlines
  • Election Hub
  • General
  • Politics
  • Sports
  • Business
  • Entertainment
  • Factometer
Search
  • Headlines
  • Election Hub
  • General
  • Politics
  • Sports
  • Business
  • Entertainment
  • Factometer
Have an existing account? Sign In
Follow US
© 2024 EIB Network Ltd. All Rights Reserved.
Business

NLA to formalise ‘Banker to Banker’ operators

Starrfm.com.gh
By Starrfm.com.gh
Published: July 27, 2017
Share
SHARE

The National Lottery Authority (NLA) is planning to triple its earnings to government by streamlining activities of stakeholders, especially banker to banker operators.

The Authority pays about Gh¢35 million every year to government. The NLA has drafted a strategic plan to formalise the banker to banker operators.

It has begun talks to scrap taxes on the commission it gives operators as well as tax of wins.
The authority has begun moves to also increase the commissions paid operators from 20 to 25 percent.

Formalisation of the banker to banker operators is also going to generate between GHC150-200 million for government.

The Director General of the NLA Kofi Osei-Ameyaw explained to Starr Business’ Osei Owusu Amankwaah that, the formalization of the banker to banker operation will be in phases.

“We are going to license a certain number of them within every region. We have 10 regions; for Greater Accra Region we will be looking for about 30-50 operators on the top. If each one pays a million cedis in a year that gives us about 30-50 million.

“If we don’t get the total number and some want to operate and pay, we will give them the license and they will then employ the writers underneath them and they will be the ones writing. So once we do that they can go ahead as licensed banker to banker operators who are not using the Point of Sale (POS) machines,” Mr Osei-Ameyaw said.

He further added that operators with POS machines will also be given the opportunity to pay wins directly to customers.

“We are also going to make sure that those who are also doing Point of Sale in collaboration with the banks can also do Point of payment; so that they are not disadvantaged by the banker to banker operators,” he added.

MoF sets up Solutions Service Unit
GoldBod Bill was not rushed – Sammy Gyamfi fires back at critics
WB report: Ghana still attractive – GIPC boss
Ghana Maritime and Shipping Awards slated for March 2017
Fuel prices to shoot up again – IES
Share This Article
Facebook Email Print
Share
Previous Article CHAN Black Stars will humble Burkina Faso – Konadu
Next Article Bukom Banku fined $42 by court

Starr 103.5FM

Starr FMStarr FM
Follow US
© 2024 EIB Network Ltd. All Rights Reserved.
newsletter icon
Join Us!
Subscribe to our newsletter and never miss our latest in news, podcasts etc..
[mc4wp_form]
Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?