ACCRA – The Electronic Levy (E-Levy), introduced by the Government of Ghana to impose taxes on electronic money transfers, failed to meet its target for the first half of 2023, according to data from the Minister of Finance’s 2023 Mid Year Fiscal Review. The E-Levy, which aimed to raise revenue for the government, fell significantly … Read more
LAGOS – Today, Flutterwave, Africa’s leading payments technology company, announced the rebranding of its renowned $end Mobile product to “Send App by Flutterwave.” The enhanced app aims to provide faster, more accessible, and cost-effective money transfers for the African diaspora to their loved ones back home in Africa. Expanded Reach: Enabling Connections Across Borders With … Read more
KAMPALA – Last week, MTN Uganda marked a significant milestone in the country’s telecommunications industry by launching its 5G network in the capital city of Kampala. The move comes as part of the company’s ambitious plan to upgrade base stations in all major Ugandan cities to the next-generation technology within the next two years. CEO … Read more
On Monday, July 31, 2023, the Minister of Finance, Ken Ofori-Atta, delivered the mid-year budget review in Parliament. This presentation was initially scheduled for July 25, then postponed to July 27, and finally took place on July 31. During his address, Mr. Ofori-Atta revealed that Ghana is currently making modest progress in revitalizing its economy, … Read more
As per the July 31 monthly report by Ceditalk, the overall stock market experienced a notable upswing of 21.8% by the end of July. However, the financial stocks segment encountered a decline of 16.44% throughout the year. Let’s take a closer look at the performance of individual stocks this year: Top Performers: Worst Performers: The … Read more