Category: Telecommunications
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We’re working to ensure successful implementation of E-levy – Telcos Chamber
The Ghana Chamber of Telecommunications, says despite the tough demands that come with the reconfiguration of the systems of Electronic Money Issuers (EMI’s) in Ghana, for the implementation of the Electronic transfer Levy (E-Levy), its members are committed to making sure the implementation comes off successfully. The implementation of the E-levy, which is expected to…
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Passage of e-levy bill unfortunate – Prof. Bokpin
Economist, Prof. Godfred Bokpin is disappointed that the Majority Caucus in Parliament has passed the controversial electronic transfer levy bill. The e-levy has been a major source of tension in Parliament and even among the public since it was introduced in the 2022 budget. But Parliament on Tuesday passed the e-levy bill without the Minority…
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Value of MoMo transactions decrease by 8% between December and January amidst e-levy brouhaha
The yet-to-be implemented electronic transfer levy may have already started having an impact on e-payment transactions. This is because latest data from the Bank of Ghana reveal a decrease in the value and volume of mobile money transactions, internet banking services and Ghipps Instant Pay. The Bank of Ghana’s report shows that the value of…
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Telecommunications Chamber, BoG intensifying efforts to curb mobile money fraud – Dr. Ashigbey
The Ghana Chamber of Telecommunications says it is working extensively with the Bank of Ghana to implement multiple strategies, in a bid to clamp down on mobile money fraud, which has in recent times led to a massive loss of funds of some businesses and individuals. According to the World Bank, the rapid growth of…
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MTN Ghana still readying itself to pilot 5G later this year – CEO
MTN Ghana’s CEO Selorm Adavevoh is optimistic that his outfit will be able to launch 5G services soon. Demand for data has seen astronomical growth in recent times, and this indicates that current internet infrastructure will soon be outstripped by demand. This situation thus requires significant investment to expand data infrastructure, and telecommunications giant; MTN…
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Acquisition processes for AirtelTigo by gov’t to be concluded soon – Ursula
Communications and Digitalization Minister, Ursula Owusu-Ekuful, has disclosed that government is at the advanced stages of closing the deal for the acquisition of telecommunication company, AirtelTigo. She says the state is also finalizing processes in compliance with all requirements of the agreements explaining that these requirements will be fulfilled before the end of the current…
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Rate of increase in value of MoMo transactions dipped in 2021
The value of mobile money transactions in Ghana witnessed a significant dip in its rate of increase in 2021 when compared to the rate of increase in 2020. This is according to data from the Bank of Ghana. Whereas the value of mobile money transactions increased by over 100% from December 2019 to December 2020,…
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Telcos Chamber pledges to address data affordability and sustainability issues
The Ghana Chamber of Telecommunications has pledged to address issues concerning data affordability and sustainability in the year 2022. According to the Chamber, there needs to be a broad consultation on how much data consumption can be balanced with the right investments so that consumers do not have to be on the losing end. The…
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NCA to consider extension of SIM card re-registration deadline
The National Communications Authority (NCA) has disclosed of plans to extend the March 31 deadline for the SIM card re-registration exercise if need be. This comes after several calls by Ghanaians for the NCA to change the date in order to ease tensions at the various re-registration centres. Director of Consumer and Corporate Affairs at…
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MTN justifies decision to increase fibre broadband and turbonet bundle prices
MTN Ghana has justified the 50 percent increase in fibre broadband and turbonet bundle prices. The network company from January 4, introduced new rates of Fibre broadband and Turbonet bundle prices, increasing by almost 50% with 90 days validity. Customers of MTN Ghana and Ghanaians in general have since Tuesday complained about the astronomical increase…