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MTN Ghana to start mobile life insurance product

MTN Ghana is entering the insurance industry with the introduction of what the company calls ‘mi life’ life insurance. This product when fully operational would be the first ever mobile driven insurance policy in Ghana. According to a Reuters news report of Wednesday 23, 2011, MTN Group in South Africa …

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Parliament to approve $127.5m China loan to accelerate e-Governance

Parliament would in the coming days approve a resolution for a Buyer’s Credit facility between the government of Ghana and the Export/Import Bank of China for an amount of $127.5 million that would accelerate the development of Information and Communication Technology (ICT) as the engine for social-economic transformation and wealth …

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Helios Towers Ghana secures $40m from Standard Bank for expansion

Helios Towers Ghana, a direct subsidiary of Helios Towers Africa has secured a $40 million facility from Standard Bank Group for expansion of its business in Ghana. Helios Towers is a wireless communications towers management company. The company has a deal with Millicom Ghana, operators of Tigo, the third largest …

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Ghana Holds First Internet Governance Forum

The Minister of Communications, Mr Haruna Iddrisu, has expressed concern about the low Internet penetration figures in developing countries, at a time when ICT is being used to overcome the handicaps in the development process. He said statistics indicated that “while telephone access has reached the 75.4% mark, covering up …

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Nigeria, Ghana and US lead in online fraud – Report

Ghana has been identified as one of the countries where online fraud originates from. The other countries are Nigeria and the United States of America (USA). According to payment management company Cybersource’s 2011 Online Fraud Report, many UK merchants have been forced to refuse orders from certain countries with Nigeria, …

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National Lottery Authority sues Airtel Ghana over “illegal lottery”

The National Lotto Authority (NLA) has initiated moves to halt activities of telecommunications operators from promoting, conducting, running and advertising illegal lottery or games of chance disguised as marketing promotions. The move has come in the wake of several games of chance being introduced onto the Ghanaian market by telecommunication …

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Ghana-made software compared to iPhone application

A software application, Nandiclient, developed by Nandimobile Limited, a Ghanaian owned  start-up has been compared to an iPhone application because of its ability to arm businesses with tools for delivering customer support. The Nandiclient software suite which includes Gripeline as a service can be used to provides information to customers …

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Strong competition makes MTN Ghana spend more – Group CEO

Strong competition in Ghana’s telecommunications industry has compelled the largest mobile network operator, MTN to overspend in 2010. The company spent over 3 billion South African rand,approximately $450 million for its operations in Ghana. According to Phuthuma Nhleko, out-going Chief Executive Officer and President of MTN Group, MTN Ghana spent …

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TV3 Ghana sold finally

One of Ghana’s private TV stations, TV3 has been finally sold. In the last couple of months, ghanabusinessnews.com carried a number of stories saying that the station was up for sale at $2.8 million. The buyers, Media General Ghana Ltd. today, March 12, 2011 announced in a press release that …

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World’s 5.3 billion mobile phone users send 6.1 trillion SMS in 3 years

Mobile phone subscription is estimated to be at 5.3 billion, more than 90 per cent of the world’s population, and 6.1 trillion text messages have been sent in three years. According to International Telecommunications Union (ITU) recently released data titled “The world in 2010: ICT facts and figures”, 940 million …

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