Author: Ellen Dapaah
-
![Ghana must develop national hydrogen policy and roadmap [Article]](https://citibusinessnews.com/wp-content/uploads/2020/12/IES.jpg)
Ghana must develop national hydrogen policy and roadmap [Article]
The world is moving into a “Hydrogen economy” led by developed economies, and the pace looks quite fast. In most advanced countries that are looking for ways to recover from the economic damages wrecked by COVID-19, they are setting mid-to-long-term plans with more detailed targets that include hydrogen in several of their economy rebooting policy…
-
60% of Ghanaians need government support to own houses – Asenso-Boakye
The Works and Housing Minister, Francis Asenso-Boakye has decried the country’s perennial housing problem. According to him, over 60 percent of the Ghanaian populace is unable to own their own homes without support from government. Also, 35 percent of the populace sadly will never be able to own their own homes even with the support…
-
MTN introduces new feature to validate IDs during MoMo transactions
MTN Mobile Money Limited has introduced an additional security feature that allows its agents to verify the identity of customers who come to withdraw money with ID cards. This comes after agents across the country had their SIM cards blocked because they keyed in incorrect ID numbers from customers. CEO of Mobile Money Limited, Eli…
-
Ghana hasn’t been downgraded to low income status – Finance Ministry
The Ministry of Finance has clarified that the classification of Ghana as a low-income developing country in the International Monetary Fund’s (IMF) April 2021 Fiscal Monitoring document is not a downgrade. “We wish to state that Ghana continues to be categorised as a ‘Lower-Middle Income Economy’ based on the widely-recognised classification of the World Bank…
-
![Kumasi: MoMo merchants protest over MTN’s decision to block their SIM cards [Video]](https://citibusinessnews.com/wp-content/uploads/2021/04/momo-agents-at-kumasi-office.png)
Kumasi: MoMo merchants protest over MTN’s decision to block their SIM cards [Video]
Some mobile money merchants in the Ashanti Regional capital, Kumasi, on Tuesday massed up at one of MTN Ghana’s main offices after the company blocked the SIM cards they use for their businesses. According to MTN Ghana, the affected agents failed to comply with the rules and regulations of its newly introduced ‘no ID card,…
-
GREDA pushes for law to regulate ownership of compound houses
Stakeholders in Ghana’s real estate sector are asking for a law to regulate the ownership of condominiums, popularly known as compound houses in the country. Currently, there are no dedicated laws governing the possession of both residential and non-residential condominiums in Ghana. As part of efforts to address challenges in the real estate sector, the…
-
Housing Ministry pledges to review Rent Act, Mortgage Finance Act
Government intends to review the current Rent Act to address the perennial landlord-tenant impasse in the country. This is according to the Minister for Works and Housing, Francis Asenso-Boakye. Many stakeholders in the real estate sector have over time, complained of the current Rent Act 1963, Act 220, saying that the act which has been…
-
appsNmobile receives BoG’s enhanced payment service provider license
appsNmobile Solutions, a fast-growing Ghanaian payment service provider, has been licensed as a Payment Service Provider Enhanced (EPSP) by the Bank of Ghana. The award of the license follows the passage of the Payment Systems and Services Act, 2019 (Act 987) which mandates all payment service providers to meet a set minimum capital requirements, governance…
-
Ghanaians willing to pay higher taxes to support development – Afrobarometer report
A new Afrobarometer report released by the Centre for Democratic Development (CDD) suggests that Ghanaians endorse taxation and are willing to pay higher taxes to support the country’s development. The report however stated that majority of Ghanaians find it difficult to know what taxes and fees they are supposed to pay and how the government…
-
ECG proposes increment in electricity tariffs
Ghanaians might soon be paying more for electricity as the Electricity Company of Ghana (ECG) is proposing an increment in tariffs. The Company says it needs more funds to support its operational activities, hence the request. The Managing Director of the company, Kwame Agyeman-Budu at a public forum on Thursday, April 8, 2021, said while…