Category: TECHNOLOGY
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Telcos can pay salaries through Mobile Money–Vodafone CEO
Some players in the telecom industry have indicated their readiness to handle the payment system of workers in the country through the mobile money platforms. They point out that with the right IT infrastructure in place they will be able to effectively handle all payments to workers as is being done in Kenya. Speaking to…
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Communication Ministry vows to fix call interruptions
The Communication Ministry has pledged to address issues of service interruptions from telcos to consumers. A Deputy Minister for Communications, George Andah told Citi Business News the ministry is engaging with the various telcos on how best to address the challenges they face. Telcos in the country have complained of unreliable power supply, as well…
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Ethel Cofie to speak at G20 and Oxford Africa summits
Ghanaian entrepreneur and CEO of EDEL Technology Consulting, Ethel Cofie has been invited to speak at the G20 Summit in Berlin and the Oxford Africa Summit at Oxford University, UK. Ethel will be speaking on Technology and Emerging Markets. Named as one of the Top 5 Women impacting IT in Africa, Ethel Cofie is CEO…
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Ghana’s telecom industry over taxed – Vodafone CEO
The CEO of Vodafone Ghana Madam Yolanda Cuba has expressed worry over the huge number of taxes being slapped on the telecom industry. She believes the situation has contributed to the industry’s current woes. ”It is an industry that is quite heavily taxed. We are taxed on top line, about three or four taxes that…
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Mobile money interoperability to take off in November – Bawumia
Vice President, Dr. Mahamudu Bawumia has disclosed that government is working to meet its November 2017 timeline for the implementation of mobile money interoperability. The system when rolled out will allow consumers transfer money across the various networks in the country. The Ghana Interbank Payment and Settlement Systems (GhIPSS) has since been tasked to provide…
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Analysts push for protection against global virus attack
Cyber security analysts are predicting huge financial losses in the coming days should Ghanaian businesses fail to protect their computer systems from the threatening virus, Ransomware. The virus is reported to have affected 100,000 computers and key data systems in about one hundred countries globally. The affected institutions are being requested to pay 300 dollars…
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MTN not to list on GSE with IPO – Kofi Yamoah
MTN Ghana may not be listing on the Ghana Stock Exchange (GSE) anytime soon even though it plans to cede a part of its operations to investors. This is the indication from the managers of the Ghana Stock Exchange. “MTN in its discussion is raising money from the public or doing a public offer but…
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Telcos ditch 4G spectrum over high cost
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…
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Communications Minister calls on Tigo Ghana
The Ministry of Communications is set to review current policies on telecom regulation and mobile financial services in the country. The exercise is among others aimed at keeping telecom operations with current trends and attract the unbanked population. Communications Minister, Ursula Owusu Ekuful who disclosed this also explained that the review should help mop up…
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Provide details of renegotiation of Power Compact II- PUWU to govt
The Public Utility Workers Union (PUWU) has urged government to carry out its planned renegotiation of the Power Compact II with the Millennium Challenge Corporation (MCC), and also provide details of the review. Under the Power Compact II, government is expected to allow Private Sector Participation in the Electricity Company of Ghana (ECG) for the…