Prime News Ghana

Today's Ghana Business, Banking and Economic news

MoMo loses GH¢10bn in value as e-levy implementation nears

Even before the Electronic Transaction Levy (E-levy) takes effect next month, available data show that the mobile money platform has lost about GH¢10billion in value between November 2021 and January 2022 – a development that raises serious concerns about the new tax’s ability to rake in the anticipated revenue.

GPRTU to announce new transport fares today

The leadership of the Ghana Private Road Transport Union (GPRTU) is expected to announce the percentage increase in transportation fares today Tuesday, April 5, 2022.

BoG introduces FX auction for BDCs to tackle shortage

The Bank of Ghana has taken steps to address the perennial shortage of dollars for the local petroleum sector, with the introduction of a foreign exchange forward auction for Bulk Oil Distributing Companies (BDCs).