Author: Anita Arthur Kissi-Mireku
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Don’t fish in restricted zones – Petroleum Commission to fishermen
The Petroleum Commission has appealed to the fishing community to abide by the laws that prohibit them from fishing within marked areas around the country’s oil fields in order to protect their lives as well as avoid any potential damage to the country’s oil fields. The call according to the Commission forms part of efforts…
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Banks will soon recognise Ghana card as main identification for transactions – Bankers Association
Deputy Chief Executive Officer of the Ghana Association of Bankers, John Awuah has stated that his outfit is in discussions with other stakeholders that will lead to the implementation of a parallel system that will see banks accept the new National ID cards in addition to a number of other ID cards for financial transactions.…
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Build favourable economy to boost local production of building materials – Construction Chamber
The Ghana Chamber of Construction Industry has called on the government to put practical measures in place to enable the mass production of building materials in the country. This follows the announcement by the Works and Housing Minister, Francis Asesnso Boakye that his ministry will push for the use of local materials for constructing government…
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Enforce retail laws to prevent chaos in markets – GUTA to government
The Ghana Union of Traders Association, (GUTA) is calling for the Presidential Committee on Foreign Retail Trade to as a matter of urgency resume operations and prevent foreigners from operating in the country’s retail space. According to GUTA its members will not hesitate to take matters into their own hands if the committee does not…
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Run National Development Bank as a business – Prof. Quartey to government
Professor of economics at the Institute of Statistical, Social and Economic Research (ISSER), Professor Peter Quartey has stated that the establishment of the National Development Bank will have no positive impact on the growth of the economy if government fails to apply proper business management in its operations. The establishment of the bank which has…
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Stop foreigners from trading in Ghana’s retail space – GUTA members in Accra
Members of the Kasoa branch of the Ghana Union of Traders Association (GUTA) is calling for the Presidential Committee on Foreign Retail Trade to as a matter of urgency resume operations and prevent foreigners from operating in their retail space, otherwise they will not hesitate to take matters into their own hands. According to a…
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Chartered institute of bankers to ensure strict compliance to code of ethics
The Chartered Institute of Bankers (CIB) says it is going to ensure strict compliance with its newly introduced banking code of ethics. The code of ethics which was put together in collaboration with the Bank of Ghana (BoG) is meant to ensure sanity and prevent mishaps within the banking industry. The move is also expected…
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Be prudent in risk assessment – Economist to local banks
Banking consultant, Dr Richmond Atuahene, has urged local banks in the country to be prudent in their risk assessment to improve on their non-performing loans. His call follows the comparably better performance of foreign-owned banks to local banks between the years 2019 and 2020. Data from the financial statements of some leading banks in the…
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![The injustice of Ghana’s financial sector [Article]](https://citibusinessnews.com/wp-content/uploads/2021/04/dalex-e1619592394602.jpg)
The injustice of Ghana’s financial sector [Article]
Dalex Finance, a formidable Ghanaian finance company is on a war path. For the past few weeks, the company led by its CEO, Mr. Kenneth Thompson and Director of Strategy, Mr. Joe Jackson has been venting their frustrations with what they call ‘the injustice of Ghana’s Financial Sector’ on Social Media and Radio. In a…
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Ghana’s fight for cocoa farmers backfires as EU hints of ban
Chief Executive officer of COCOBOD, Joseph Boahen Aidoo has called out the European Union, accusing it of double standards in its assessment of Ghana’s cocoa sector in recent times. The European Union has threatened to ban cocoa from Ghana if the negative impact of illegal mining on the country’s environment persists. Belgium which is a…