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Drivers dismiss Uber rebranding reports      


The Ghana Road Transport Co-ordinating Council (GRTCC), has dismissed reports of a purported meeting with the Transport Ministry where driver unions have called for Uber cars to be rebranded into normal taxis operating in the country. Reports of the said meeting and the drivers’ appeal dominated social media over the weekend attracting mixed reactions from Ghanaians. Commercial taxi drivers have ...

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Regulator sanctions illegal courier service operators


The Postal and Courier Services Regulatory Commission (PCSRC) has warned that courier service companies who have not yet registered their operations with the Commission, risk prosecution by the end of February 2018 if they fail to do so. The caution follows what the Commission describes as the flooding of the industry by non-conforming operators. A development, some have also cited ...

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GPRTU, Transport Ministry to deliberate on new transport fares  


The Ghana Private Roads and Transport Union [GPRTU] has told Citi Business News it will hold a crucial meeting to determine new transport fares, this week. According to the Vice Chairman of the GPRTU, Robert Saba, the union will meet key stakeholders including the Transport Ministry to deliberate and arrive at a decision. The GPRTU earlier announced a possible increase ...

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Consumers demand outright food ban over listeriosis alert


A section of Ghanaians have called for strict law enforcement in order to protect the public against health implication due to an alert of listeriosis disease in South Africa. Ghana has been advised to work to restrict food imports from South Africa following reported cases of the Listeriosis disease in that country. A document sighted by Citi Business News indicated ...

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Telcos with no 4G licenses must work to acquire it 


Some telecom analysts have urged telcos without 4G licenses to work at securing it. MTN, which is already operating the 4G network in Ghana, has conducted trials on its 5G network in South Africa. The exercise is expected to quicken the pace of using the network’s internet services when successful. With smart devices, the 5G network is estimated to operate ...

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New GIPC laws to reach cabinet within first quarter – CEO

Yofi Grant

The Ghana Investment Promotion Centre (GIPC) has told Citi Business News it should submit a draft on its proposed new regulations to cabinet by the end of the first quarter this year (2018). According to the Center, it has already engaged key stakeholders on some reforms to be rolled out in the new law. The decision to revise the GIPC’s ...

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Ekumfi Fruits Company must be monitored to avert collapse

file photo

Blue Skies Ghana Limited is warning of possible collapse of the Ekumfi Fruits & Juices Company Limited in the Central Region, if authorities fail to strictly monitor the facility. According to Blue Skies Ghana Limited, the unavailability of quality raw materials for the Ekumfi fruits company could greatly affect its operations. The Ghana Export and Import (EXIM) Bank recently approved ...

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GRA to prosecute defaulters of excise tax stamp

Emmanuel Kofi Nti - Commissioner General, GRA

The Ghana Revenue Authority (GRA) has served notice it will prosecute all businesses who fail to comply with the implementation of the excise tax stamp policy. The GRA has also warned that defaulters will risk seizure of their goods for non-compliance. The sanctions are however expected to be rolled out in April when the grace period would have elapsed. Starting ...

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ICU gets tough on enforcing daily minimum wage

Solomon Kotei - General Secretary, ICU

The Industrial and Commercial Workers Union (ICU) has bemoaned the lack of monitoring by the various labor unions in enforcing the implementation of the daily minimum wage. The National Tripartite Committee in July last year (2017) announced a ten percent increment in the daily minimum wage. The decision pushed the figure up from a previous 8 cedis 80 pesewas to ...

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AGI expecting stimulus package by first half of 2018

Outgoing AGI president, Mr. James Asare Adjei handing over to the newly sworn-in president of the AGI, Dr. Yaw Adu Gyamfi

The Association of Ghana Industries (AGI) is expecting government to disburse funds meant for distress companies under the stimulus package by first half of the year. According to the association, it has completed all assessment works with government and has identified companies in dire need of various help from government to revive their operations. Speaking to Citi Business News at ...

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Ghana Business News