Author: citibusinessnews
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Tigo enters $2m agreement to expand mobile financial services in Ghana
Tigo Ghana, one of Ghana’s largest cellular operators, has entered into a $2 million advisory services agreement with the IFC, a member of the World Bank Group, and The MasterCard Foundation to develop and expand mobile financial services in support of wider financial inclusion in Ghana. The project is part of the Partnership for Financial…
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Vodafone wins 7 awards at Ghana Telecom Awards
Telecommunications service provider, Vodafone Ghana last weekend picked up seven awards at the Ghana Telecom Awards organised by Mobile World. They include Mobile Broadband Internet of the Year; Telecom Wholesale Provider of the Year; Best Use of Social Media; and Mobile Operator of the Year. For the first time, Vodafone Business Solutions, VBS, picked up…
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Gov’t to review property rates, rent taxes
Property rates and rent taxes will soon be reviewed to reflect their current economic value, Dr Larbi Siaw, Tax Policy Advisor at the Ministry of Finance and Economic Planning has said. Property income taxation has long been seen as an area largely neglected by the country’s tax authorities. Its share of GDP in Ghana is…
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Gov’t appoints transaction advisors for Eurobond issue
Government is to issue a one-billion Eurobond in 2014 for capital expenditures in the Budget, counterpart funding for pipeline projects and the refinancing of domestic and external debt. Parliament also approved an option to issue an additional 500 million dollars for purposes of refinancing existing debt. A Ministry of Finance and Economic Planning statement signed…
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Brazil economy in slowdown ahead of World Cup
Brazil’s economy grew 0.2% in the first three months of 2014, official statistics show. The Brazilian Institute of Geography and Statistics also revised down economic growth in the last three months of 2013, to 0.4%. The sluggish growth figures come just before the start of the World Cup and presidential elections in October. President Dilma…