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Six companies shortlisted for railway dev’t                                                    

train strike

Government has begun processes to commission feasibility studies to construct railway lines to connect to the various agricultural producing areas. According to government, six companies have been shortlisted for the contract. President Akufo-Addo upon assumption of office, identified the railways as an important economic infrastructure hence the creation of a separate ministry to that effect. Addressing an audience at a ...

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Domestic air travel grows by 24% after 17.5% VAT slash

Deputy Aviation Minister - Kwabena Okyere Darko-Mensah

The removal of the 17.5% VAT on domestic air travel has increased Ghana’s domestic air passenger volume by 24 percent as at May 2017. The passenger volume has increased from 163,322 to 201, 851 between May 2016 and the same period this year. The Deputy Minister of Aviation, Kwabena Okyere Darko Mensah disclosed this at the Ghana Transport and Logistics ...

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Aviation Minister inaugurates new GCAA Board                                                       


Aviation Minister, Cecelia Dapaah has inaugurated a nine member board of the Ghana Civil Aviation Authority (GCAA). The board’s core mandate will be to govern activities of the Ghana Civil Aviation Authority. The minister by this charged the new board members to approach their new positions with diligence and all seriousness to achieve the ultimate goal of establishing Kotoka International ...

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Domestic airlines demand proper navigators to combat harmattan scare  


Domestic Airline operators are dreading the poor navigational systems at the various airports in Ghana as the harmattan season approaches. According to them, they are not able to operate during the period and often loose huge revenue due to visibility challenges. In an interview with Citi Business News, the Chief Executive Officer of Starbow, James Eric Antwi said government must ...

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Travel operators must adopt best practices – Aviation Minister                                    


The Minister for Aviation Cecilia Dapaah has charged air travel operators to adopt best practices in their operations. She is confident such an effort will improve the industry’s ratings and help in the ministry’s quest to establish Ghana as an aviation hub in West Africa. The ministry is currently working on building the Kotoka International Airport as an aviation hub ...

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Over 200 investors pursue Ghana’s railway sector                                  

train strike

The Minister of Railway Development, Joe Ghartey has revealed that about 200 companies across the world have expressed their desire to invest in Ghana’s railway sector. According to him, the interest shown by the investors also coincide with the government’s plan to redesign some key railway lines to meet modern standards. ““Over 200 companies have shown interest in the railway ...

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GUTA unhappy with high valuation charges at ports


The Ghana Union of Traders Association (GUTA) has expressed disquiet about recent increases in valuation of goods at the ports. The traders blame the situation on the Customs Classification and Valuation Report  (CCVR) system used by the Ghana Revenue Authority at the ports. The CCVR is a report issued by the Customs Valuation Team that classifies and values the goods ...

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US woos Ghanaian exporters via AGOA

Robert Jackson 543x330

The US Ambassador to Ghana, Robert Jackson has bemoaned the low levels of exports from Ghana to the US. He argues that Ghanaian producers have not taken full advantage of the African Growth and Opportunity Act (AGOA) which accords duty free treatment to nearly seven thousand qualifying products to the US. In an interview with Citi Business News Mr. Robert ...

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Importers abandon business over high taxes

tema port

A significant number of importers in Ghana are  abandoning their operations over the increasing number of taxes charged at the country’s ports coupled with delays and bureaucracy. The development Citi Business News understands has been going on for months and in some cases a number of years. Importation of goods for wholesale and retail purposes is huge business in Ghana. ...

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GEPA targets $ 10bn exports by 2021


The Ghana Export and Promotion Authority (GEPA) has begun a nationwide engagement to increase exports revenue by ten billion dollars within the next four years. As a result, the Authority has met with some Municipal and District Chief Executives (MDCEs) in the Upper East Region to prioritize one product or service each,  that will be exported to meet the target. ...

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Ghana Business News