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Hotels face closure over climate change

coast

A number of hotels and tourist attractions along the coast of Ghana may be forced to shut down in the coming months as the land on which they have built are being washed away by the sea. The development Citi Business News has gathered is due to climate change. The hospitality industry joins a growing list of sectors which have ...

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AAI honours Nana Addo with National Achievement Award

Prez Nana-Addo-620x330

The Africa – America Institute (AAI) has awarded the President of Ghana, Nana Akufo-Addo with the institute’s National Achievement Award for the year 2017. The award which is also for the people of Ghana was bestowed on him yesterday September 19, 2017 in New York at the institute’s 33rd Annual Awards Gala. The award is to recognise the President and ...

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Tourism sector records worst performance in 2017 1st half

tourism 5

Statistics from the Ghana Investment Promotion Centre (GIPC) for the first half (H1) of 2017 shows that the tourism sector recorded its worst Foreign Direct Investment (FDI) Projects performance in 10 years. The sector recorded no new project for the H1 of the year although GIPC recorded 95 new FDI projects in the period. These new projects targeted other sectors ...

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#CitiBizOlympics2017 comes off on September 23

Citi Biz Olymoics

The 2017 edition of Ghana’s biggest corporate sporting event, the “Citi Business Olympics”, is scheduled to come off on Saturday September 23 at the Burma Camp Sports Complex. The annual showpiece organized by Citi FM brings together thousands of workers to compete for honors in various disciplines, network and have a great time, away from board rooms and workstations. Registration ...

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Tourism Authority launches single window to track revenue

Catherine Afeku - Tourism Minister

The Ghana Tourism Authority (GTA) has launched a single window platform to monitor revenue collection and drive growth in the industry. The single window will also track all revenue paid by the respective agencies in the tourism subsector. The move forms part of efforts to position Ghana as an attractive tourism destination. Speaking to Citi Business News at the sidelines ...

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Ghana to host 2017 World Tourism Forum              

Catherine Afeku - Tourism Minister

Ghana will host this year’s edition of the World Tourism Forum. The event is a globally acclaimed one that draws various stakeholders in the tourism industry together to identify investment opportunities in the tourism industry. Ghana’s opportunity to host is also part of moves to project the country’s tourism sector on the international scene. It is also in partnership with ...

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Tourism industry demands thorough consultations on taxes

Catherine Afeku - Tourism Minister

The Ghana Tourism Federation (GHATOF) is demanding further consultations in determining taxes and levies for the tourism industry. The industry has expressed grave concern over the multiplicity of taxes which have increased the cost of operation for hoteliers and rendered some unprofitable. Some have also cautioned of job layoffs to be able to stay relevant in business. Institutions such as ...

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Infograph: Ghana’s road infrastructure poor- Report

The-deplorable-state-of-roads-in-Berekuso

A new report published by the Ghana Institution of Engineers(GhIE) has scored Ghana’s road infrastructure as poor, lacking the capacity to meet international standards. The report titled “Ghana Infrastructure Report Card 2016” scored the country’s road network, electric power and water infrastructure  with a grade of D3, representing poor. – By: Lawrence Segbefia/citibusinessnews.com/Ghana  

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Cellulant fosters Ghana-Kenya trade

Founder of Kenya Trade Expo Ghana Leah Nduati Lee, Cellulant Chairman Dr. Kiruthi and Executives with Hon. Ibrahim Mohammed Awal and Ghanaian Delegation

Organisers of the Kenya Trade Expo Ghana 2017 have signed an agreement with Cellulant, a Pan-African FinTech Company. The agreement is part of an effort to encourage continued trade between the two countries and expand digital payment services to various sectors, particularly in Agriculture. The deal was concluded during a ministerial visit by Minister for Business Development, Alhaji Mohammed Ibrahim ...

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Ghana Business News