Author: Bobbie Osei
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Stakeholders at ports call for punitive regulatory regime to check unregulated charges
Stakeholders at the countries ports including importers and exporters along with freight forwarders, say the need for a clear regulation of activities at the ports, is an issue that needs to be addressed or touched on in the upcoming budget reading on Friday. For months now, these stakeholders have been agitating and using all channels…
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BoG threatens 3-year ban for persons consistently issuing dud cheques
The Bank of Ghana says it will ban customers caught issuing dud cheques for three consecutive times, from accessing new credit facilities from the banking system for a period of up to three (3) years. This was contained in a notice from the Central Bank to Banks, Specialised Deposit-Taking Institutions (SDIs) and the Public, communicating…
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President’s 5% GDP growth rate projection realistic – Economist
Economist with DataBank, Courage Martey says the President’s announcement of GDP growth rebounding to nearly 5 percent in 2021 is not far-fetched. President Nana Akufo – Addo in his first State of the Nations Address for his second term in office, expressed confidence in the ability of government’s One Hundred Billion Cedi Ghana CARES Obantampa…
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Government urged to set clear targets for ministers to help reduce expenditure
Ahead of the state of the nation address later today and the budget statement on Friday, Economist and Senior Lecturer at the University of Ghana Business School, Dr. Lord Mensah, has charged government to introduce concrete measures that will keep its expenditure in check. Some of the measures he said could include setting clear targets…
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Government urged to present credible recovery plan in 2021 budget
An economist at the University of Ghana Business School, Dr. Patrick Asuming has urged government to use the 2021 budget reading to present a credible recovery plan to the nation. The 2021 budget is expected to be presented by the Majority Leader in Parliament Osei- Kyei Mensah Bonsu according to information available to Citi Business News. This follows…
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Exporters to begin enjoying benefits of Ghana-UK trade deal from today – Prof. Kuruk
Ghanaian exporters to the United Kingdom can from today March 5, 2021, begin enjoying the benefits inherent in the newly signed trade agreement between the two countries, even as Ghana’s Parliament works to ratify the agreement. The new deal which has been approved by the executive will provide duty free-quota free access for Ghanaian exports…
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Interim Trade Partnership Agreement signed between Ghana and UK
After years of negotiations, a new Interim Trade Partnership Agreement between the Republic of Ghana and the United Kingdom of Great Britain and Northern Ireland has been signed. The new Agreement replaces the Interim Ghana – European Union Economic Partnership Agreement which governed trade relations between Ghana and the UK until the Interim EPA Agreement…
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Final Ghana-UK trade agreement to be signed on Friday – Alan Kyerematen
Ghana will at on Friday, March 5, 2021, sign a final trade agreement with the United Kingdom (UK) that would replicate the effects of the trade relationship between Ghana and the UK prior to the end of the Transition Period following the withdrawal of the UK from the European Union. This was made known by…
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KIA workers to withdraw services to demand removal of MD
Local and international departures at the Kotoko International Airport (KIA) are expected to be disrupted this morning following a call for the withdrawal of services of all general staff at the Airport from 6 am of Friday February 26, 2021 until further notice. The call was made by the Divisional Union of the Public Services…
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Support for indigenous companies needed to create more jobs – Opoku Prempeh
Energy Minister-designate, Dr. Matthew Opoku Prempeh says achieving the Ghana Beyond Aid vision, can only be possible if government and other stakeholders ramp up their support for local companies, to ensure they do not just thrive in Ghana, but flourish in other parts of the world. The comments were made following a tour of indigenous…