BUSINESS



January 23, 2018
BoG Cautions Public Over Bitcoin

The Bank of Ghana (BoG) has cautioned the public against usage of Bitcoin in transactions. In a statement it said: “The Bank of Ghana has taken notice of recent developments

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January 23, 2018
S Korea bans anonymous bitcoin trades

South Korea is banning the use of anonymous bank accounts to make cryptocurrency transactions. The move is aimed at stopping virtual currencies being used for crimes such as money laundering.

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January 19, 2018
Uber co-founder Travis Kalanick a billionaire after $9.3bn investment deal

Uber co-founder Travis Kalanick will become a billionaire, after investors agreed to take a large stake in the ride-hailing firm. A consortium led by Japan’s Softbank is buying a chunk

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January 11, 2018
South Korea announces Bitcoin ban plan

South Korea is planning a law to ban cryptocurrencies such as Bitcoin being traded through its exchanges. The justice minister said virtual currencies were causing the government “great concern”. Meanwhile,

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January 5, 2018
Gov’t releases GHc14m to pay teachers’ arrears

The Ministry of Finance has released GHc14,172, 313.23 for the payment of outstanding transfer grants, allowances and salary arrears for validated teachers engaged between January 2013 and December 2016. Vice

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January 5, 2018
2nd Deputy Governor of BoG officially resigns

The Second Deputy Governor of the Bank of Ghana, Dr Johnson Asiama, has finally tendered in his resignation letter. This should mean that he has officially vacated the position he

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January 4, 2018
SSNIT increases monthly pension by 10 percent

The Social Security and National Insurance Trust (SSNIT) has increased the monthly pension by 10% for the year 2018. This is in consultation with the National Pensions Regulatory Authority (NPRA) and in accordance

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December 18, 2017
BoG To Place Temporary Ban On New Banking Licences

The Bank of Ghana (BoG) says it will from next year place a temporary ban on the issuance of licences to new universal banks, savings and loans companies or microfinance

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December 15, 2017
Ban On Small Scale Mining To Be Lifted January 2018

The Land and Natural Resources Minister, John Peter Amewu, has hinted that the ban on small scale mining may be lifted by the end of January 2018. Government imposed a

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December 12, 2017
GRA Shuts Down Metro TV Over Non-Payment Of Taxes

Popular Television station Metro TV has been shut down by the Ghana Revenue Authority over non-payment of taxes, Starrfmonline.com can confirm. Information available to Starrfmonline.com indicates that the station was

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