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Tag Archives: Mobile money

Allow PTAs to manage their dues – NAPO tells school heads

Matthew Opoku Prempeh

The Ministry of Education has said it would from September 2018, stop the practice where Parent Teacher Association (PTA) dues are captured on school bills and collected on behalf of the PTAs. According to the Ministry, the new policy is not against payments of PTA dues by parents or students, but it is to ensure that the systems of the ...

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Three banks to begin their own version of mobile money

At least three banks are set to commence the issuing of electronic money which will allow customers transfer money on a virtual platform. According to the Bank of Ghana, the development forms part of efforts to reduce the use of cash and switch to a more cashlite economy. Citi Business News understands that this development is likely to impact competition among ...

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MTN’s revenue jumps by 23.3%, GH₵9.3m recorded daily in 2017

Mobile network operator, MTN Ghana, has posted a 23.3% increase in revenue in 2017 compared to 2016. The company’s total revenue soared to GH₵3.4 billion in 2017, as against the GH₵2.77 billion revenue recorded in 2016. GH₵9.3m daily revenue The GH₵3.4 billion revenue divided by 365 days in the year translates into GH₵9.3m (GH₵9,315,068.49) daily revenue in 2017. This strong ...

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Mobile money transactions will be strictly monitored – Ursula

Government has announced plans to track mobile money transactions in the country to ensure that the space is kept secure from the activities of criminals. Minister of Communication, Ursula Owusu-Ekuful, stated that the government also intends to monitor the billing systems of the telecom operators in a bid to sanitize the communications sector. Speaking on the Point Blank segment on Eyewitness ...

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Mobile Money robber arrested at Madina after escaping lynching

One person was arrested on Monday for attacking a mobile money merchant at Madina, a suburb of Accra. The other suspect involved in the attack is however on the run. The Public Relations Officer of the Accra Regional Police Command, ASP Afia Tenge, told Citi News the two were on an unregistered motorbike when they carried out the attack. “This ...

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Beware of robbers – Police caution mobile money operators

The Ashanti Regional Police Command has cautioned Mobile Money merchants and business owners to be wary of a gang of criminals targeting their businesses within the Kumasi metropolis. This comes after some unknown men launched series of attacks on mobile money merchants in the country. The most recent one resulted in the killing of a 31-year old operator at Kronom-Kyeraasi in ...

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Mobile money attacks: Vendors appeal for protection

The increasing number of armed robbery attacks on mobile money merchants has reached an alarming rate, calling for new security measures to curb the canker. The latest victim is a 31-year old Mobile Money operator who was shot dead by some unknown assailants in the Afigya Kwabre District of the Ashanti Region. Current figure show that mobile money agents increased ...

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A/R: Mobile Money teller shot dead by robbers

A 31-year-old Mobile Money operator has been shot dead by some unknown assailants at Kronom-Kyeraasi in the Afigya Kwabre District of the Ashanti Region on Saturday evening, the latest in a string of attacks on such businesses. The Kodie District Police Command confirmed the incident to Citi News. The deceased, Richmond Ofori, also called Papa Yaw, died instantly after the ...

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Man jailed 18 years for robbing mobile money vendor

A man who attacked and robbed a mobile money vendor at knifepoint of his cash, recharge cards and mobile phones, has been sentenced to 18 years in prison with hard labour by the Juaso Circuit Court. Kofi Agyei was handed the jail term after he pleaded guilty to the crime. Police Detective Chief Inspector Birikorang Peasah, told the court, presided ...

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2 shot as robbers attack Mobile Money agent at Busia Junction

Two persons have sustained severe gunshot wounds at Busia Junction near Odorkor in Accra, following a robbery attack on a Mobile Money operation point. According to eyewitnesses who spoke to Citi News’ Ebenezer Afanyi Dadzie, the two suspected robbers in a saloon car, approached the Mobile money point around 8:00pm on Thursday, and asked the vendor to hand over her money. In ...

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