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Nana-Addo appoints Paul Ansah as new head of GPHA

Paul Ansah Head of GPHA

President Nana Addo Dankwa Akufo- Addo has appointed Mr. Paul Asare Ansah as the acting Director-General of the Ghana Ports and harbors Authority(GPHA). A statement signed by the president on February 22, 2017 said “pursuant to section 8(2) of the GPHA Act 1986(PNDCL160). I herby appoint you to act as the Director-General of the GPHA, pending receipt of the constitutionally ...

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OMCs demand ease of registering businesses

WhatsApp Image 2017-02-23 at 08.50.31

Some Oil Marketing Companies (OMCs) are advocating for all processes in registering their businesses to be streamlined. The petroleum distribution companies believe the current practice delays the process which makes it unattractive for the business to expand and promote competition. Though the Managing Director of Petroleum Limited, Emmanuel Pobee admits of some initial constraints in meeting this objective, he explains ...

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Govt intensifies moves to regain direct flight route to the U.S

Kotoka International Airport, Accra

Citi Business News has gathered that government has commenced moves with the U.S Federal Aviation Administration to regain the FAA Category One status which will allow Ghana to fly its national carrier directly to the United States after the airline is inaugurated. Ghana lost its prestigious category one status some years after failing to meet some key safety requirements of ...

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COPEC discredits fuel price increase report


The Chamber of Petroleum Consumers(COPEC) has discredited reports that fuel prices will go up this week. The Institute of Energy Security (IES) predicted a 3 percent increase in fuel prices for the 2nd pricing window. Checks by Citi business News also indicates that fuel prices at Total and Shell fuel pumps have gone up as at yesterday. Total, which was ...

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AWA acquires new aircraft [photos]

AWA acquires new aircraft

Operators of domestic airlines, African World Airlines (AWA) have added a new aircrtaft to the companies exiting four planes. Launching the Embraer, ERJ145, at the Kotoka International Airport, the Founder of African World Airlines, Togbe Afede XIV stated that customers will have a new experience with the company.   By:Lawrence Segebfia/  

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Unibank offers most expensive interest on car loans – BoG report


The latest Annual Percentage Rates (APR) and Average Interest (AI) report by the Bank of Ghana has shown that Unibank still leads as the bank with the most expensive rate on vehicle loans. For three consecutive times, Unibank’s rate on your car loan has hit 45.5 percent from the 40.8 to 45.8 percent as at August last year. The rate ...

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Ethiopian is 11th best airline in the world that keeps to time

Ethiopian Airlines another

Africa’s largest airline group, Ethiopian Airlines, has been ranked  the 11th airline company in the world to have been on time for its flights in the month of January 2017. This is according to FlightStats, the leading provider of real-time global flight data to companies and individuals across the travel ecosystem. Of the almost 8,000 flights operated by the airline ...

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Air Peace starts Accra-Lagos route

air 3

Competition on the Accra –Lagos flight route has been intensified with an additional airline operating effective today (February 16, 2017). The Nigerian owned Air Peace which operates an intra-city flight in Nigeria, has since extended its services to Accra due to the increased passenger volumes along the route. The move also comes at a time that Ghana is positioning itself ...

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Market Aayalolo buses to attract passengers- Consultant

BRT buses

A Transport Consultant, Magnus Quarshie has urged operators of the Quality Bus Service, popularly called,  Aayololo bus to intensify their marketing strategies to increase patronage for the service. This follows a report by Citi Business News which revealed low patronage of the buses, four months after it was commissioned. Checks by Citi Business News showed that commuters ditch the Aayalolo ...

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Accra commuters dump Ayalolo buses for trotro [Audio]

BRT buses

One of the key reasons for the inauguration of the Ayalolo Transport System late last year was to supplement the efforts of Ghana’s commercial transport industry as well as provide time-bound transport services to commuters in Accra. But four months after its inauguration it appears most commuters in the city are not patronising the services despite the perks that come ...

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Ghana Business News