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Ghana intensifies moves to get off PayPal’s blacklist


The Ghana Interbank Payment and Settlement Systems (GHIPSS) has told Citi Business News it has intensified moves to integrate online payment company PayPal unto its platform to allow Ghanaians purchase goods and services online. According to GHIPSS it has a robust system which is able to ward off fraudsters from hacking and fraud incidences. PayPal in 2004 blacklisted Ghana together ...

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GHIPSS vows to establish payment council

Archie Hesse - CEO of GhIPSS

The Chief Executive Officer of Ghana Inter-bank Payment and Settlement Systems (GHIPSS) Archie Hesse has vowed to champion the establishment of the Ghana Payment Council (GPC). The payment council when established will serve as the body which will ensure stakeholder involvement on decisions and consensus on the direction and details of policies within the payment industry. Speaking to Citi Business ...

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NCA sanctions Tigo & Airtel for failing 3G coverage assessment


Regulator of the telecom industry the National Communication Authority (NCA) has sanctioned Tigo and Airtel for failing to comply with obligations for 3G coverage. According to a recent report released by the NCA a recent coverage assessment undertaken by it on all the telecom operators, except for Expresso, due to technical challenges, revealed that Tigo and Airtel failed to maintain ...

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Tigo Insurance pays over GHS6.2m to policy holders


Telecommunication Company, Tigo has announced that it has paid over GHS6.2 million to policyholders its insurance programme since it was introduced in 2010. The figure represents the 10,000th claim that the company has recorded. According to Tigo, the 10,000th claimant is a 21-year-old Foster Quist Sarfo, a student of Central University College in Accra. Tigo’s insurance is a unique product, ...

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William Tevie confirmed as Director General of NCA

Director – General of the NCA, William Mathew Tevie

Citi Business News has learnt that President John Dramani Mahama has confirmed William Tevie as the Director General of the National Communications Authority (NCA). William Tevie’s confirmation comes almost a year after his appointment as the Acting Director General of NCA on June 22 last year after the previous Director General of the NCA; Paarock VanPercy ended his term of ...

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Telcos welcome revision of mobile money regulations

mobile money gh-800x450

Telecom operators in the country have welcomed moves by the Bank of Ghana to revise the current mobile money regulations in the country. They however want the revisions to include provisions that will protect operators and consumers from fraud. According to them, a clear policy on addressing fraudulent cases in mobile money transactions will build confidence and increase patronage of ...

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Gov’t, MTN partner to hone young IT skills


The Minister of Communication, Dr. Edward Omane Boamah has urged young Ghanaians to pursue careers in Information & Communications Technology (ICT). According to Dr. Edward Omane Boamah, the youth must spearhead innovations and new technologies which will affect policies and programmes of government as technology evolves. Speaking at the launch of the Ghana Multimedia Incubator Centre (GMIC)/MTN business incubation project, ...

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#CitiBizFestival: ICT industry’s biggest event MOBEX takes off today


The biggest event in the ICT industry, the African Mobile and ICT Expo, MOBEX, takes off this morning at the Accra International Conference Centre (AICC). The event is one of a number of collaborations with Citi Fm that will be featured on the Citi Business Festival. MOBEX will see important trends in the technological world and how businesses can take ...

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15 reasons why you must attend the 2016 Africa Mobile and ICT Expo


The Africa mobile and ICT Expo will bring together investors and stakeholders in the ICT industry to exhibit, discuss and identify  investment opportunities which will provide solutions to societal challenges, and propel socio-economic transformation at a faster pace. The three-day event being organised by Coasters Company Limited in partnership with the Ministry of Communications will run from June 7th to ...

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Telecom industry layoffs: MTN staff exempted

MTN building at Ridge, Accra

Telecom Giant MTN has ruled out any move to layoff any of its workers despite an increase in layoff figures in the telecom industry this year -2016. The industry in the latter part of 2015 and early this year was hit with major layoffs as telecom companies restructured to stay in business. The industry which employs over 5,000 people directly, and ...

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Ghana Business News