Author: citibusinessnews
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GRA to meet Importers and Exporters Association over grievances
The customs division of the Ghana Revenue Authority says plans are underway to meet and address issues concerning importers and exporters with regards to the Gate- in, Gate- out system. This follows complains made by the Importers and Exporters Association of Ghana. [contextly_sidebar id=”xN4vUucDMQsw0Kog1QgOkjSXQoLxt1YN”]Importers and exporters last week pleaded with government to review the Gate-In…
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RedSea Maritime rebrands with new logo
Redsea Maritime Services Limited, one of the leading private shore handling companies, which receives and delivers conventional general cargo at the Port of Tema, has launched a new logo in a massive re-branding that seeks to re-position the company and give it an international appeal. Speaking at the ceremony at its Head Office in Tema,…
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Goldfields’ agreement with government illegal – Third World Network
The Third World Network has described as illegal the development agreement between the government of Ghana and Goldfields Ghana Limited. According to the Network, Parliament’s waving of a notice period and ratifying the development agreement raises questions which need to be answered. The government of Ghana through Parliament agreed to a new development agreement with…
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Uganda: Loan Value Under Agricultural Facility Rises, but Fewer Lenders
The value of loans offered under Uganda’s Agricultural Credit Facility (ACF) has risen by nearly Ush150 billion ($44.5 million) in five years, even though the number of active lenders on the scheme’s register has dropped. Data from the Bank of Uganda shows that the value of loans rose to Ush196 billion ($57.6 million) as at…
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Q & A with CEO of Minerals Commission, Dr. Toni Aubynn:
Dr. Toni Aubynn was appointed Chief Executive Officer (CEO) of the Minerals Commission in 2014. Prior to his appointment he was the CEO of the Ghana Chamber of Mines after serving as the Director of Corporate Affairs for Tullow Ghana Limited, the lead operator of the Jubilee Oil Field in Ghana. Toni Aubynn has also…
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Nigeria: State to Launch N59.7 Billion Youth-in-Agriculture Scheme
The Director-General, International Institute of Tropical Agriculture, IITA, Nteranya Sanginga, on Sunday said the Federal Government would launch N59.7 billion Youth-In-Agriculture Scheme in September. Mr. Sanginga, who disclosed this in an interview with the News Agency of Nigeria in Ibadan, said the scheme would be sponsored by the federal government and the African Development Bank,…
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New BoG Governor must be independent – Ken Thompson
As the debate on who becomes the next governor of Ghana’s central bank, Chief Executive Officer of Dalex Finance and Leasing Company Limited Ken Thompson says Ghana needs a firm and competent governor to help save an ailing economy. [contextly_sidebar id=”mHLDooGy0OanNdueBsvGKlmTvlXjtb7V”]According to Ken Thompson, the next governor must be someone who will not do government’s…
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Goldfields re-engages 400 sacked workers
Goldfields has re-engaged workers who were laid off at its Damang mine. The company tells Citi Business News it has been able to transfer the about 400 workers who had to be laid off following impacts of developments within the mining industry. [contextly_sidebar id=”qhzOr5afbUslh4j2F7u8M1ClAz8f6Hs9″]The Chief Executive Officer and Executive Director of Gold Fields, Nick Holland…
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AWA launches direct flight from Kumasi to Tamale
Domestic airline operator, Africa World Airlines, has launched its flight from Kumasi to Tamale. According to the company, the move followed the numerous concerns from customers and a realization of huge market for the flight. Prior to this, passengers had to fly to the nation’s capital, Accra before embarking on a flight to Tamale. But…
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Index launched to measure Africa’s regional integration smartly
The African Development Week 2016 on Saturday took a bold step towards data-driven integration by launching the African Regional Integration Index. The initiative is spearheaded by the Economic Commission for Africa and is aimed at ensuring that regional integration policy is targeted and informed by real gaps unique to each region. Deputy Executive Secretary and…