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    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

    Old Mutual celebrates 177th anniversary globally, 10 years in Ghana

    Gov’t expenditure needs to be checked to help deal with inflation – ICAG

    Take control of financing on the continent – Ofori-Atta to AfDB

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    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

    Manufacture of petroleum products push PPI to 31.2% in April

  • TECHNOLOGY

    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

    Taxing of non-resident e-commerce entities in Ghana could push prices up – Technology Consultant

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

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    We’ll avert any looming food crisis with effective planning – AfDB Boss

    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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Airfares to go up from Saturday

bycitibusinessnews
September 27, 2016
in Government, Local Economy, News, Top Stories, Transport
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The Ghana Civil Aviation Authority (GCAA) will from Saturday 1st October begin charging its safety charge on all international and regional flights in Ghana.

Director General of the GCAA Simon Allottey who confirmed this to CitiBusinessNews.com said the move is as result of the common agreement reached with all stakeholders within the industry.

Speaking to CitiBusinessNews.com the Director – General of the GCAA Simon Allottey disclosed that all stakeholders within the industry with IATA agreed for the implementation date to begin on October 1, 2016  after consultations.

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“After exhaustive consultations and discussions with all parties we have agreed that implementation date would be from first October this year.”

Simon Allottey further explained that “this is because we have done all the necessary consultations involving IATA that is the international Air Transport Association plus we have involved all the airlines and the board of the airlines representatives in Ghana.”

‘Let me state that all other key stakeholders both local and international were consulted to discuss all the modalities for implementation and we are ready to begin the implementation’. He stated.

GCAA was forced to halt the implementation of the safety charge in August 2016 by the airlines and other stakeholders within the industry.

The airlines argued at the time that they had not been duly consulted and could not immediately add the safety charge as it was against the IATA rules of ticketing.

The introduction of the safety charge will see airline tickets attract 10 dollars extra and cargo fares 20 dollars.

The increase is due to the amended GCAA Act 2016, Act 906 which was assented by the President in February this year.

–

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

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