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    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

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

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    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

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

    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%

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    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

    Nigeria begins processes to join Ghana-Côte d’Ivoire Cocoa Initiative

    Victor Yaw Asante, FBNBank Ghana MD

    Banks will continue to innovate to meet customers’ expectations – FBNBank’s MD

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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

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

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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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Kenya: KQ pilots in fresh threat to down tools over top management

bycitibusinessnews
October 11, 2016
in Africa, East Africa
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Kenya Airways’ (KQ) pilots have issued a seven-day strike notice, stating that they will cripple operations at the airline if its chief executive Mbuvi Ngunze and chairman Ambassador Dennis Awori do not resign for alleged mismanagement.

The Kenya Airline Pilots Association (Kalpa), a body made up of about 450 pilots, says their members will down their tools beginning October 18th, a move that could cost KQ billions of shillings and inconvenience passengers.

Captain Paul Gichinga, Kalpa’s secretary-general, says the airline continues to suffer under the stewardship of Mr Ngunze and Amb. Awori, hence the fresh call for the duo’s exit.

“With every passing day, it becomes clear that Kenya Airways’ leadership lacks a clear vision, the right synergies and the willpower to lead the airline’s recovery efforts, Mr Gichinga said at a press conference Tuesday.

“We wish to inform all the airline’s stakeholders that Kalpa’s members will from 5am October 18th, 2016 down their tools until a comprehensive change of guard at Kenya Airways is effected.”

In April, Kalpa members went on strike for a day demanding comprehensive management changes at KQ, occasioning heavy revenue losses for the airline as over 20 flights were cancelled.

The airline posted a record net loss of Sh26.2 billion for the year ended March, a performance worsened by several forensic reports pointing to mismanagement at the publicly-listed airline.

–

Credit: Business Daily

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