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Tag Archives: Vodafone

Mobile money attacks: Vendors appeal for protection

Mobile-Money transaction

The increasing number of armed robbery attacks on mobile money merchants has reached an alarming rate, calling for new security measures to curb the canker. The latest victim is a 31-year old Mobile Money operator who was shot dead by some unknown assailants in the Afigya Kwabre District of the Ashanti Region. Current figure show that mobile money agents increased ...

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NCA not likely to reduce cost of 4G license

Joe Anokye

The National Communications Authority (NCA) has told Citi Business News it is open for negotiations with prospective buyers of the second 4G spectrum license. The CEO of the NCA, Joe Anokye explains that the outfit will abide by best practices in the sale of the license. Telecommunication companies have complained about the high cost of the spectrum. They argue that ...

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Vodafone pays 30% of tax arrears to GRA              


The National Communications Backbone Company (NCBC), a subsidiary of Vodafone, has paid 30% of its debt to the Ghana Revenue Authority (GRA). Officials of the GRA confirmed this to Citi Business News. “The National Communications Backbone Company raised issues concerning the tax audit that was conducted and in conformity with the tax law, they were required to pay 30% of ...

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GRA to sell off Vodafone assets within 14 days over tax default


The Ghana Revenue Authority (GRA) has served notice that it will be compelled to sell off the assets of National Communications Backbone Company (NCBC) within the next fourteen days should the company fail to provide proof to benefit from capital gains tax reliefs. The NCBC, which is a subsidiary of Vodafone Ghana is reported to have defaulted in capital gains ...

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Telcos ditch 4G spectrum over high cost

Yolanda Cuba - CEO of Vodafone Ghana

Citi Business News has gathered that the second 4G spectrum being sold by government may never be acquired by the telecom operators in the country. Discussions with operators in the telecom industry reveal that most of them will shy away from acquiring the license because of its high cost. The telecom operators argue that the price being offered by government ...

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GhIPSS likely to provide interoperability for telcos

Archie Hesse - CEO of GhIPSS

Citi Business News has gathered that the Ghana Interbank Payment and Settlement Systems (GhIPSS), has been given the green light to develop an interoperable platform for telecom operators in the country. The move also comes on the back of a botched contract involving Sibton Switch Systems which had been selected to carry out the mandate. Currently, Vice President Dr. Mahamudu ...

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Consumers dissatisfied with poor telecom services

Telecom Operators

Telecom users are demanding improved service delivery from service providers at a time that competition in the industry is becoming keener. The consumers, some of whom have been speaking to Citi Business News have also made a case for class action if the situation remains unchanged. It also appears that the consumer dissatisfaction cuts across all the six telecom operators ...

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NCA gives telcos one month ultimatum to address network challenges

Acting Director General of the NCA, Joe Anokye

The National Communications Authority (NCA) has directed all mobile network operators to within a month’s time; submit a roadmap to address all concerns of quality of service by customers within Accra and Tema. It follows the numerous customer complaints to the Authority over quality of service challenges. These also range from call drops, poor quality of voice and slow internet ...

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New whatsapp feature attracts mixed reactions on social media


A new whatsapp feature has sparked a lot of debate on social media, with majority of users expressing unhappiness with the new feature. However, Technology operators believe the new app will help in data penetration as well as business operators across board. Citi Business News’ checks revealed that there have been mixed reactions across board over whatsapp’s new feature which ...

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Business strategist proposes mergers for SMEs

Business Strategist, Caleb Ayiku

The Chief Executive Officer of Breakthrough Consult, Caleb Ayiku has advised Small and Medium scale Enterprises (SME’s), to merge with already established businesses to promote their businesses and expand their capital. According to him, most SME operators tend to rely solely on their profits which is not enough to push their businesses, forcing the sudden closure of such enterprises even ...

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