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    6th Ghana CEO Summit to focus on digital leadership for the digital economy

    Ghana Life Insurance Ltd accused of employing delay tactics in payment of claims

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    6th Ghana CEO Summit to focus on digital leadership for the digital economy

    We want Ghanaians to own 30% of MTN Ghana shares by end of 2022 – GROUP CEO

    Ghana’s 2022 economic outlook to remain positive; GDP projected to grow by 5.3% – AfDB report

    African governments tasked to look within the continent in their bid for transformation

    COCOBOD closes purchases for 2021/2022 main crop cocoa season

    Ghana Life Insurance Ltd accused of employing delay tactics in payment of claims

    BoG urged African DFIs to enhance credit rating positions to boost investment

    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

    Gold exports push Ghana’s trade surplus to $1.3 billion in April

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    6th Ghana CEO Summit to focus on digital leadership for the digital economy

    Ghana Life Insurance Ltd accused of employing delay tactics in payment of claims

    BoG urged African DFIs to enhance credit rating positions to boost investment

    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

    Gold exports push Ghana’s trade surplus to $1.3 billion in April

    Value of MoMo transactions decrease by 3% between March and April 2022

    Inflation rate likely to drop to single digits in 2023 – Dr. Ernest Addison

    Monetary Policy Rate increased again by 200 basis points; now at 19%

    Government partners private companies to mine abandoned iron ore in Oti Region

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    Government to invest heavily in internet safety – Ursula pledges

    Ho Node Hub rebrands as Node Eight

    Elon Musk strikes deal to buy Twitter for $44bn

    Block chain’s success will depend on supportive policy environment – Prof. Quaynor

    1.5% E-Levy rate will negatively impact GH¢6.9 billion target – Prof. Quartey

    Transactions to be affected by E-levy

    Bethniel Finance emerges winner in Innovation Challenge Program

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    BoG cautions against fraudulent money-doubling scheme ‘BitCash Currency Exchange’

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    Standard of cars assembled in Ghana will not be compromised – GSA assures

    GUTA urges gov’t to get other countries to open their borders to facilitate trade

    Kyle Kelhofer appointed as IFC Senior Country Manager for Benin, Ghana, Liberia, Sierra Leone, and Togo

    Greater, more diverse participation in global trade is key to achieving Africa’s economic transformation – World Bank

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Plastic manufactures reject plastic ban

bycitibusinessnews
July 22, 2015
in Business, Local Economy, Top Stories
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Plastic manufactures and recycling companies have rejected moves by government to temporary ban plastics in the country.

[contextly_sidebar id=”XPnj2nVnEx9XG3S42WC2Ki9HjkKuawyk”]According to the plastic manufactures and recycling companies a total ban on the use of plastic materials in the country is not the only solution to the growing problem of plastic waste in the country.

Their comment comes after President John Dramani Mahama warned that Ghana may ban the use of plastics if producers fail to manage plastic waste.

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Speaking to Citi Business News President and Chief Executive Officer of Enviroplast Company Limited, manufacturers of polythene products, Yiadom B. Kessie said the issue is properly disposing of plastics and not banning them.

He adds that the MMDA’s regulations on disposing of plastics must be enforced.

“The fact of the matter is we cannot leave life on auto pilot where everybody does what they like. If you ban plastics and replace it with another material and we litter around the same problem will happen again. What they have to do is ensure that they use the money they collect through the taxes we pay to create employment and also enforce city ordinances to ensure that we don’t litter and if they do will ensure that punitive punishment are taken against them.”

According to him once the district, metropolitan and municipal assemblies are able to institute measures to clear plastic waste of the streets the recycling plants are ready to receive them to recycle them.

Meanwhile Citi Business News has gathered government through the Ministry of Environment, Science, Technology and Innovation has agreed with the plastic manufacturing and recycling companies to produce only biodegradable plastics in the country since biodegradable plastics can decompose easily unlike ordinary plastics.

–

By:  Norvan Acquah – Hayford/citifmonline.com/Ghana

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