Author Archives: Businessghana

We will be fair and transparent with employees – AirtelTigo CEO

Ms Roshi Motman, Chief Executive Officer of the telecom company, AirtelTigo, says the mobile operator is committed to providing an inclusive working environment in which everyone is treated fairly. “We have great talents in both Airtel and Tigo, and their passion, commitment, and expertise have made the company what it is today. Our employees are central to our vision and ...

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Policy rate maintained to 20%

PRINPAG

THE BANK of Ghana (BoG) has stated that to ensure the inflation target horizon is maintained and the medium term inflation target ±2% is achieved this year, the monetary policy rate of 20% has been left unchanged. Dr Ernest Addison, Governor of BoG, briefing the press, in Accra yesterday, explained that while there was a trend decline in headline and ...

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GRA targets GH¢39.8 billion in 2018

Bank of Ghana

THE GHANA Revenue Authority (GRA) has targeted GH¢39.8 billion as total tax revenue to be collected this year. The target, the authority explained, indicates a 23.26% growth over the 2017 collection figure. Addressing the press in Accra, the Mr Emmanuel Kofi Nti, Commissioner General, GRA, said the Authority failed to achieve their revenue collection target of GH¢ 33,434.20 billion as ...

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Bank of Ghana cautions the use of Bitcoin in Ghana

bitcoin

  THE BANK of Ghana (BoG) has cautioned the public to do business with only institutions licensed by the bank to ensure that such transactions fall under its regulatory preview. In a statement signed by Mrs Caroline Otoo,Secretary of the BoG, the Central Bank stated that it had taken notice of recent developments in the use, holding, and trading of virtual ...

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Mitsubishi’s mirrorless car cameras can spot distant traffic

Mirrorless cars, terrifying as they may sound, as coming. In 2015, the United Nations gave the go ahead for car makers to replace mirrors with cameras and display systems, so the race is on to design tech that’s fit for the job. Now, Mitsubishi says it’s developed the industry’s highest-performing vehicle camera, able to detect objects up to 100 meters ...

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Silicon Valley of Ghana to create more business accelerators and incubators

Silicon Valley in Ghana

Dr Thomas Owusu Mensah, a Ghanaian-American fibre optics inventor has said the Silicon Valley of Ghana will create business accelerators and incubators that can compete with tech-companies around the world. According to Dr Mensah, who is spearheading the Silicon Valley of Ghana, the project will move Ghana into the 21st Century technological advancement and also support the high Speed Bullet ...

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Bitcoin’s price dropped 50 percent in one month

bitcoin

The price of bitcoin has dropped 50 percent from its high of nearly $20,000 last month. Currently, it’s worth just over $10,000, according to CoinDesk. At the end of 2017, bitcoin had shot up to 20 times its value since the beginning of the year. Like other cryptocurrencies, bitcoin is extremely volatile, meaning that huge price swings are not uncommon. Chinese investors have ...

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Cash-For-Seat Allegations Flimsy, Irresponsible – Akufo-Addo

President Akufo-Addo has said the allegations of extortion leveled against the Trade and Industry Minister Alan Kyeremanten are flimsy and irresponsible. His comments come in the wake of the establishment of a five-member bipartisan committee by the Speaker of Parliament  to probe the veracity of the allegations. “In fact, I think that the position that I have taken potentially…could lend ...

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Facebook to show less content from publishers and brands

Instagram

Mark Zuckerberg has pledged to devote 2018 to “fixing” Facebook. Now the Facebook CEO is kicking off the effort with a move he says is intended to boost the well-being of users, possibly at the expense of the well-being of publishers and other businesses. Facebook said late Thursday it is changing the News Feed to prioritize posts from friends, family ...

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