On Tuesday, May 30th, 2023, MTN Ghana will hold its fifth Annual General Meeting (AGM) at its headquarters, MTN House, on Independence Avenue. The meeting will be streamed live starting at 11 am. According to a statement, the AGM will cover several items of business, including the consideration of Audited Financial Statements, reports from Directors […]

On Sunday, May, the Prime Minister of Canada, His Excellency Justin Trudeau, engaged in bilateral discussions with President Nana Addo Dankwa Akufo-Addo in London. The talks revolved around bolstering the cooperation and friendship between Canada and Ghana, which have maintained a strong relationship over time. The meeting also highlighted the trade ties between both countries. […]

On May 2nd, President Nana Addo Dankwa Akufo-Addo inaugurated the Kia automobile assembly plant in Ghana and encouraged the company to strive towards making its products more accessible to local consumers. The plant, in Amasaman near Accra and set up by Rana Motors Limited, a local licensed dealer for the South Korean automaker, will assemble […]

William Ato Essien, founder of Capital Bank, may face imprisonment after failing to pay GH¢20 million out of a GH¢60 million restitution to the state by the agreed deadline. Essien pleaded guilty to 16 counts of money laundering and was ordered to pay GH¢90 million to the state under Section 35 of the Courts Act, […]

The Ghana Revenue Authority (GRA) has announced it will implement new and revised taxes from May 1, 2023. The notice issued outlined three key tax measures: the Excise Amendment Act, Income Tax Amendment Act, and Growth and Sustainability Levy Act 2023. Businesses have been given sufficient time to prepare for implementing the new taxes since […]

Since the mass SIM registration exercise began, NCA has deactivated 6.1 million SIM cards not registered with a Ghana card. These deactivated SIMs belong to subscribers who have only completed the first stage of the registration process. At a press briefing in Accra, NCA Director General Joe Anokye announced the Commission would deactivate about 11 […]

Professor Kwabena Frimpong Boateng, former Environment Minister, responded to Gabby Otchere Darko’s comments regarding Mr. Otchere-Darko’s interference with his anti-galamsey campaign. In his 36-page document to the President, chief of staff, and police, Prof. Boateng accused Mr. Otchere-Darko and government officials of obstructing his efforts to combat illegal small-scale mining activities. Mr. Otchere-Darko denied the […]

According to Naa Alhassan Andani, the former president of the Ghana Association of Banks, the recent decrease in the government Treasury rate is a positive development that will eventually result in a reduction in interest rates. The decrease in rate will support the expansion of the private sector and ultimately contribute to the economy’s growth. […]

GWCL has announced it is embarking on an exercise to recoup GH¢800 million in arrears owed by various institutions and individuals. According to a statement released by GWCL, the company has been facing severe financial challenges, with the high levels of debt owed by its customers. The arrears have accumulated over the years and have […]