Content Types: ArticleRegions & Countries: GhanaIndustries: Real Estate & ConstructionInfrastructure
Ghana is set to commence construction of Pwalugu multipurpose Dam in November this year. Construction of the Dam, which will be located in the Upper East Region of Ghana, is the largest investment any government has ever injected into infrastructure expansion in the northern sector since Ghana’s independence.
Telecom operator AirtelTigo is partnering with Huawei Technologies on a $30 million network modernization project aimed to provide faster internet experience to customers.
Government is in the process of securing $2 billion loan from China to tackle the country’s road infrastructure deficit, President Addo Dankwa Akufo-Addo announced Tuesday in Wa.
The daily minimum wage has been raised by 10 per cent, reaching GHȻ10.65 from GHȻ9.68. The decision was arrived at after deliberations of the National Tripartite Committee (NTC) in Accra on Thursday, July 26.
MTN Ghana says it has received complaints from some of its Mobile Money customers who allegedly contributed to a Ponzi scheme operated by Savanna Brokerage Investment and are demanding for reversal of their respective amounts invested.
Ghana’s Cocobod is currently seeking a way out of an inadvertent fix, created by its long-standing policy of selling the country’s cocoa exports on the forward, rather than the spot market.
Ghana ranked third in the first edition of the African Sovereign Wealth Fund Index polling 62 out of 100 %. Nigeria and Rwanda scored 62.49 % and 62.24 % respectively.
It is the first time shares of a major corporation can be purchased using mobile money accounts. Ghanaians will be able to buy shares using Momo Wallet, MTN’s local mobile money platform with 6.2 million users.