Author: Anita Arthur Kissi-Mireku
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Food prices to soar despite removal of some fuel levies – GAWU
The General Agricultural Workers Union (GAWU) says the removal of the Price Stabilization and Recovery Levies (PRSL) on petrol, diesel, and LPG for the next two months will have little to no effect on the prices of foodstuff in the markets. Considering the fact that major food produce have to be transported over long distances…
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Ghanaians demand improved service delivery from businesses
The stories of bad experiences when purchasing an item from a vendor, be it in person or through social media, are often one too many. Some businesses fail to ensure patrons of their products or services get value for money with the services they offer. As the world celebrates customer service week, Citi Business News…
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New taskforce fails to resolve retail trade impasse between Ghana and Nigeria
The impasse between Ghanaian traders and foreigners, especially Nigerians, operating in Ghana’s retail space may not end any time soon following a lack of consensus on the matter. A recent meeting between the Ghana Union of Traders Association (GUTA) and the Nigerian Union of Traders Association (NUTAG) at the behest of the new presidential taskforce…
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FDA to sanction individuals who sell expired goods during Christmas
The Foods and Drugs Authority (FDA) says it will sanction businesses and individuals who take advantage of the upcoming Christmas season to sell expired and substandard food products. FDA is further urging the general public especially consumers of confectionery and frozen foods, to be on the lookout for expired products on the market before, during…
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Stop closing Nigerian shops as we work to resolve impasse – Trade Ministry to GUTA
The Ministry of Trade and Industry has cautioned the Ghana Union of Traders Associations to refrain from locking up any more shops belonging to Nigerians who are operating in Ghana’s retail space. This follows the setting up of a joint taskforce composed of the Ghana Union of Traders Associations (GUTA) and the Nigeria Union of…
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BoG establishes Financial Industry Security Operating Centre to reduce cyber fraud
Bank of Ghana is seeking to significantly reduce Automatic Teller Machine (ATM) and cyber-related fraud with the setting up of a Financial Industry Security Operating Centre, to ensure a safer cyberspace for the banking sector in Ghana. The assurance follows a rise in the number and value of ATM fraud cases and other types of…
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Ghanaians to use more coins as BoG plans to phase out GH¢1 and GH¢2 notes
The GH¢1 and GH¢2 notes will soon be phased out of the Ghanaian economy. This was made known by the Governor of the Central Bank, Dr, Ernest Addison on Monday, September 27, 2021. Dr. Addison said the two notes which are usually not in good shape will be replaced by their respective coins. “The GH¢1…
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BoG maintains policy rate at 13.5% for third time
The Monetary Policy Committee of the Bank of Ghana (BoG) has maintained the policy rate at 13.5%. The policy rate is the rate at which the Central Bank lends to commercial banks in the country. Addressing a press conference after the 102nd MPC meeting on Monday, September 27, the Governor of the Bank of Ghana…
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Sylvester Tetteh appointed as new Board Chairman of Ghana Enterprise Agency
President Nana Addo Dankwa Akufo-Addo has appointed the Member of Parliament for Ngleshi Amanfro, Sylvester Tetteh as the new Board Chairman of the Ghana Enterprise Agency formerly National Board for Small Scale Industries (NBSSI). This was announced in a press statement signed by the Chief of Staff, Akosua Frema Osei-Opare and sighted by Citi Business…
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We’ll arrest and prosecute persons engaged in light fishing – Hawa Koomson
Fishermen engaged in light fishing will be arrested and prosecuted, the Minister for Fisheries and Aquaculture, Hawa Koomson has warned. Such an action, she says, has become necessary to bring an end to the act. It is estimated that three million Ghanaians depend on the fishing sector for their livelihood. Fishing is considered not just…