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MTNGhana Releases Update On Their SIM Cards.

 MTN Ghana just issued an update concerning their SIM card in Ghana. Y’ello Valued Customer, our SIM cards are GHS 10 - don’t pay more for them.  The SIM cards will now be sold in our Service Centres, Connect Stores, and MTN authorised shops only.  Kindly take note. This can be found here.

Government of Ghana Settles DDEP Bondholders

Government of Ghana Settles DDEP Bondholders through Payment-In-Cash (PIC) coupon of GH56.081 billion to all Domestic Debt Exchange Programme (DDEP) bondholders. President Mahama directs Ministry of Finance to settle DDEP Coupons and build debt buffers through Sinking Fund. Following a directive from President John Dramani Mahama, the Ministry of Finance has today, 17th February 2025, honoured the Payment-In-Cash (PIC) coupon of GH56.081 billion to all Domestic Debt Exchange Programme (DDEP) bondholders. Government has also honoured the Payment-In-Kind (PIK) portion of GHS3.46 billion, deposited into the respective bondholders' securities accounts in line with the DDEP Memorandum. Additionally, Government has also paid into the Debt Service Recovery Cedi Account (Sinking Fund) an amount of GHS9.7 billion as a buffer for the 5th DDEP coupon that will fall due in July and August, 2025. President Mahama is committed to the government's honouring of all obligations under the DDEP. ...

Government Sets Up GoldBod To Tackle Cedi Depreciation

FINANCE MINISTER, DR. CASSIEL ATO FORSON, Ph.D., INAUGURATES TECHNICAL COMMITTEE TO DRAFT A LEGAL FRAMEWORK FOR THE ESTABLISHMENT OF THE GHANA GOLD BOARD (GOLDBOD). The government of Ghana through the ministry of finance has on 27TH JANUARY, 2025 set up a committee to see to it that Ghana Gold Board is established and stabilises the country's finance. 1. Distinguished members of the press, I warmly welcome you this afternoon to the Ministry of Finance. 2. Today, we gather to inaugurate a Technical Committee tasked with developing the legal and operational framework, particularly the drafting of a Bill for the establishment of the Ghana Gold Board (GoldBod). 3. The GoldBod is a flagship initiative envisioned by His Excellency President John Dramani Mahama for economic revitalization.  4. It seeks to serve as a vehicle for achieving currency stability through the structured purchasing and management of Ghana’s gold resources. 5. As Africa’s leading gold producer, Ghana derives subst...

MTN,Airtel & Co Reportedly Move To Increase Tariff

 Just In: Glo, MTN, Airtel, and 9Mobile reportedly move to increase Tariff  The telecommunications companies operating in Nigeria notably Glo, MTN, Airtel and 9Mobile are asking the federal government to facilitate constructive dialogue in the industry, Daily Trust is reporting. According to the telcos, the current price control mechanism is not in tandem with the economic realities, thus seeking the government’s intervention in order to address pricing challenges. The four telecommunications giants said they were the only ones that have not reviewed their prices which thr£aten the industry’s sustainability and possibly erodes investors’ confidence.  They made this known in a joint statement by the Association of Licensed Telecommunications Operators of Nigeria (ALTON) and Association of Telecommunication Companies of Nigeria (ATCON) on Thursday. According to the statement signed by ALTON Chairman, Mr Gbenga Adebayo, and ATCON President, Mr Tony Emoekpere, there has not b...