Author: Anita Arthur Kissi-Mireku
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Green Ghana project set to train 300 women in Ghana
As part of efforts to grow Ghana’s green economy, the European Union and its development partners are set to train 300 women in Kumasi, Koforidua and Accra into gainful employment either as entrepreneurs or qualified personnel in plastic recycling, organic waste management or sustainable forestry under the Green Economy Ghana Project. At least 70 companies…
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End of the road for eight fund managers as official liquidator gazettes them
The Official Liquidator (OL) has gazetted eight additional fund management companies (FMCs) out of the 54 whose licenses the Securities and Exchange Commission (SEC) revoked. Two more companies, which have also been cleared, are going through the winding up and gazetting process. Their gazetting completes their journeys as corporate bodies. Those gazetted include UniSecurities Gh…
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Blackshield customers, others to start receiving government’s partial payment from today
The Securities and Exchange Commission (SEC) says customers of the affected fund management companies yet to receive bailout will from today, November 20, 2020, be able to access a partial package of up to GHS50,000 authorized by government. According to the Commission, the amount covers 89 percent of affected customers and 82 percent of pensioners.…
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Address all custom related issues before commencement of AfCFTA – GRA boss
The Commissioner General at the Ghana Revenue Authority (GRA) Revered Ammishaddai Owusu-Amoah, has cautioned the Customs Division of the various countries implementing the Africa Continental Free Trade Area (AfCFTA) to be mindful of the potential origin of fraud that can derail the efforts they have so far made towards the implementation of the trade agreement.…
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NIC takes steps to end market fires
Commercial buildings including outlets and structures for markets will henceforth only be granted operating permits if they are given the needed clearance from the National Insurance Commission. According to the Commission, such a move is necessary to reduce to the barest minimum the occurrence of fire outbreaks at commercial centres. For years, the country has…
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Producer Price inflation decrease marginally in October 2020
The Producer Price Inflation (PPI) for October 2020, saw a decrease compared to the same period last month. The PPI decreased by 1.3 percentage points, recording 8.4 percent, compared to the 9.7 percent recorded within the same time in September 2020. This means the year-on-year PPI, thus between October 2019 and October 2020, increased by…
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![Cane weavers lament difficulty in accessing raw materials [Video]](https://citibusinessnews.com/wp-content/uploads/2020/11/cane-weavers-e1605484300150.png)
Cane weavers lament difficulty in accessing raw materials [Video]
Woven canes in the form of tables, baskets, and wardrobes are some of the coveted forms of arts and crafts that can be found in various parts of the country. While there is hardly any data to estimate the value of the woven products on Ghana’s economy, the industry employs quite a number of people…
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![Social innovator turns hair wigs into bricks [Video]](https://citibusinessnews.com/wp-content/uploads/2020/11/social-innovator.png)
Social innovator turns hair wigs into bricks [Video]
It is common knowledge that Ghana faces a serve plastic waste crisis as a number of streets in the country have litters or heaps of waste beside them. While this is a challenge for most people to deal with a few individuals are using this waste for meaningful business ventures. Nelplast Eco Ghana Limited is…
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Business owners in Ashanti Region prepped on AfCFTA
Government through the Ghana Export Promotion Authority (GEPA) has begun engaging private business owners in the Ashanti Region on the implementation of the Africa Continental Free Trade Area (AfCFTA) and the National Export Development Strategy through a regional conference. Ghanaian Businesses are being urged to take full advantage of the initiatives to enable Ghana strategically…
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![Amend Economic Plants Protection Act to include Shea tree – Clement Akapame [Video]](https://citibusinessnews.com/wp-content/uploads/2020/11/shead-butter-tree.jpg)
Amend Economic Plants Protection Act to include Shea tree – Clement Akapame [Video]
Lecturer at GIMPA and private legal practitioner, Clement Akapame wants the Economic Plants Protection Act amended to include shea trees. The act which was established in 1979 among other things prohibits the destruction of specified plants of economic value. In northern Ghana, shea tree is an indigenous and restricted asset. The tree produces shea nuts…