Business Archives - Page 5 of 56

May 4, 2025May 3, 2025

MTN Ghana Races To Localize MoMo Arm Ahead Of Regulatory Deadline

MTN Ghana is moving swiftly to restructure its mobile money business to comply with a key regulatory requirement imposed by the Bank of Ghana. Under the Payment Systems and Services Act, companies operating as dedicated electronic money issuers are required to

May 2, 2025May 2, 2025

President Mahama Rejects ECG Privatization, Advocates for Public-Private Partnerships in Power Sector Reform

President John Dramani Mahama has firmly dismissed the possibility of privatizing the Electricity Company of Ghana (ECG), instead pledging to pursue strategic public-private partnerships (PPPs) aimed at improving efficiency within the country's electricity distribution system. During the 2025 May Day

May 1, 2025May 1, 2025

Ghana To Complete IMF Program On Schedule – Mahama

Former President John Dramani Mahama expressed confidence that Ghana will complete its $3 billion International Monetary Fund (IMF) Extended Credit Facility (ECF) program on schedule, without needing an extension beyond April 2026. Speaking at a reflection session with business leaders after

April 30, 2025April 30, 2025

Mahama: 60% of Adwumawura Jobs Reserved for Women, Youth, PWDs, and Vulnerable Groups

President John Dramani Mahama has announced that at least 60% of beneficiaries under the newly launched Adwumawura Programme will be drawn from vulnerable groups, including women, persons with disabilities (PWDs), unemployed youth, school dropouts, and individuals from conflict-affected areas. Speaking at

April 29, 2025April 29, 2025

MTN Group Reports Cybersecurity Incident, Assures Customers of Uninterrupted Service

MTN Group, a prominent telecommunications provider with a significant presence in Ghana, has confirmed that it has experienced a cybersecurity incident. Despite this occurrence, the company has assured its extensive customer base that its platforms remain fully operational, and it is

April 28, 2025April 28, 2025

Mahama Launches ‘Adwumawura Programme’ in Kumasi to Tackle Youth Unemployment

President John Dramani Mahama has launched the Adwumawura Programme, a bold new initiative aimed at curbing youth unemployment and promoting entrepreneurship across Ghana. The official launch took place on Monday, April 28, 2025, at the Prempeh Assembly Hall in Kumasi, drawing

April 28, 2025April 28, 2025

Fire Guts Textile Shop at Lapaz Market, Owner Hospitalized

A fire broke out at a textile shop in the Lapaz Market in Accra on Sunday, April 27, leaving one person hospitalized. The blaze started on the top floor of the building, destroying bedding materials and other goods worth millions of

April 28, 2025April 28, 2025

Mahama to Launch Adwumawura Programme Today

President John Dramani Mahama is set to officially launch the Adwumawura Programme today, Monday, April 28, in the Ashanti Region. The initiative, a major campaign promise by the government, aims to support the creation of at least 10,000 new businesses each

April 25, 2025April 25, 2025

Ghana to Introduce Indigenous Framework for Natural Resource Management – President Mahama

President John Dramani Mahama has announced plans to implement a homegrown framework aimed at managing Ghana’s natural resources more effectively and ensuring greater local participation. Addressing attendees at the opening session of a four-day Executive Leadership Programme for Ministerial Appointees, President

April 24, 2025April 24, 2025

World Bank to Support Creation of 500,000 Jobs Annually for Ghanaian Youth

The World Bank has pledged its support to Ghana in addressing the youth unemployment issue by backing a new Growth and Jobs Strategy aimed at creating opportunities for over 500,000 young people entering the job market every year. This commitment was