A governance expert has urged the government to introduce a double tracking employment system in the public sector. Dr. Eric Oduro Osae, Dean of Studies and Research at the Institute of Local Government Studies explained that, the nights of the public sector in Ghana is invariably wasted as workers close from work by 5 pm … Read more
A governance expert has urged the government to introduce a double tracking employment system in the public sector. Dr. Eric Oduro Osae, Dean of Studies and Research at the Institute of Local Government Studies explained that, the nights of the public sector in Ghana is invariably wasted as workers close from work by 5 pm … Read more
African economies are well positioned to benefit from rapidly accelerating technological change if they can harness the current open landscape for innovation. East Africa is already a global leader in mobile payments, while mobile money accounts in sub-Saharan Africa are on an upward charge. Apart from being able to leapfrog the limitations and costs of … Read more
Mr Alhassan Andani, Chief Executive of Stanbic Bank Ghana, says going cashlite may be a way out of the recent spate of robberies apparently fueled by the presence of cash. According to the President of the Ghana Association of Bankers, only some 20 to 25 per cent of total payments in Ghana are currently done … Read more
The public has been urged to resort more to electronic forms of payment in order to reduce their exposure to armed robbery and related risks. Mr Archie Hesse, the Chief Executive of Ghana Interbank Payment and Settlement System (GhIPSS), said this following reports of two separate armed robbery attacks in two successive days and other … Read more
A stakeholders meeting for the final discussion on views so far collated on President Nana Addo Dankwa Akufo- Addo directive for 30 per cent of the 70 per cent local content in procurement to be given to women, youth and persons with disability, on Monday took place in Accra. As a prelude to the meeting, … Read more
Access Bank’s family promotion which started in July last year was climaxed in Accra last Friday as the final batch of winners picked up amazing and life changing prizes. With over 60,000 new and existing customers participating and over 2,000 being rewarded, the Family promo, which was the first of its kind in Ghana, has … Read more
Large corporate organisations and public sector institutions can receive instant payment electronically if they sign onto the e-bills pay system introduced by Ghana Interbank Payment and Settlement System (GhIPSS). The e-bills pay, which runs on the back of the Instant Pay system, will enable customers of large corporate organisations to pay for goods and services … Read more
Three months after the controversial Ghana Post GPS system was launched by the government, patronage of the system that was touted as the solution to the decades of poor addressing system in the country, has been low. Figures from Ghana post analysed by TV3 showed patronage has dipped after the initial impressive interest shown particularly … Read more
The Ghana Investment Fund for Electronic Communications (GIFEC) has embarked on a massive drive to extend Information and Communication Technology (ICT) projects to rural communities. GIFEC is using its Smart Communities Project to bridge the internet gap between peri-urban and urban areas to position Ghana as an IT-driven country. The Smart Communities project, which is … Read more
The indebtedness of water consumers to the Ghana Water Company Limited (GWCL) has reached GHC846 million. Minister of Water Resources, Joseph Kofi Adda, who revealed this said 58 per cent of the debt is owed by Metropolitan, Municipal and District Assemblies while the rest is by domestic customers of the company. “The GWCL is owed … Read more
Jumia Ghana is the no. 1 and largest online retail store in Ghana at the moment. The e-shopping destination was established in May 2014 with the major aim of becoming the top one-stop retail shop in Ghana both online and offline. Jumia Ghana boasts over 10,000 products online, with everything from household products, fashion, electronics … Read more
The Public Procurement Authority (PPA) has created Due Diligence/Value for Money, and Procurement Audit units as part of efforts to forestall the wanton abuse of sole sourcing and restrictive tendering methods to award government contracts. The Due Diligence /Value for Money Unit is to determine the reasonableness or otherwise of justifications provided by entities in … Read more
Working with the support of MTN Ghana, the Ghana Police Service has arrested two culprits at Assin Daaman in the Central Region for involvement in Mobile Money scams. The suspects, Stephen Appiah and Eric Aboagye, were arrested, following a tip-off from MTN about suspicious activities of a group based in Assin Daaman. They are alleged … Read more
Amazon’s range of smart speakers and their artificial intelligence assistant Alexa have proved to be a huge sales hit. But the product is still a shadow of what the man in charge – Dave Limp – and indeed their owners, hope it will become. “We have thousands of engineers inside Amazon adding to [its] capability … Read more
Jeff Bezos, the owner of online retail giant Amazon.com, briefly held the top spot as the world’s richest person earlier on Thursday when his personal wealth surpassed $91 billion. Bezos briefly beat out Bill Gates, the 61-year-old co-founder of Microsoft Corp, who has held the top spot since May 2013, with $90 billion. But Bezos quickly slipped … Read more
US officials Thursday hailed the arrest and indictment of a Russian accused of laundering billions of dollars through a Bitcoin exchange he operated. Treasury Secretary Steven Mnuchin said cracking down on illegal uses of the cyber currency is a key goal of US regulators. “I share your concerns about Bitcoin and others and them being … Read more
Internet colossus Amazon on Thursday reported profit shrank in the recently ended quarter despite surging sales as it poured money into growth. The US-based company said that net sales increased 25 percent to $38 billion when compared to the same period last year, but that profit plunged 77 percent from a year ago to $197 … Read more
Fidelity Bank has launched a state-of-the art mobile app, which seeks to make banking even more convenient for customers. The New Fidelity Mobile App allows users to access more banking services remotely. The Director for Strategic Partnership and E-Banking, Dr. William Derban commented that “As a bank, it is part of our focus to keep … Read more
Team leads from Tigo Cash have engaged with agents at a nationwide retailer convention to explain the Bank of Ghana regulations and agent guidelines, mobile money safety as well as new initiatives soon to be rolled out by Tigo Cash. Grouped into regional events, the agents were also taken through business development training to help … Read more