Tag: Vodafone
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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…
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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…
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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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GhIPSS likely to provide interoperability for telcos
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.…
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Consumers dissatisfied with poor telecom services
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…
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NCA gives telcos one month ultimatum to address network challenges
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…
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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…
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Business strategist proposes mergers for SMEs
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…
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Less hustle in 2nd quarter interest payment – Telcos
Telecom operators have told Citi Business News there have been less challenges with the payment of second quarter interests on mobile money accounts. The second tranche of interest payments, begun on Sunday, September 18, 2016; a week after the first tranche of payments. Some customers had expressed varied concerns over the apparent delay in payments…
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Mobile money interests to be paid by end of today
Some telecom operators have assured subscribers of mobile money services yet to receive interests on their accounts to expect them by the end of today, September 13, 2016. It comes on the back of concerns by customers over the apparent delay in the release of interests; three days after the process begun. About 12 million…