Author: citibusinessnews
-
Trade ministry & GCNET to award good performing MDAs
The Ministry of Trade and Industry in collaboration with the Ghana Community Network Services Limited (GCNET), has launched a trade facilitation Awards scheme. The move is aimed at promoting and enhancing global trade expedition as well as encourage public workers to render efficient services in their field of work. [contextly_sidebar id=”aVOulalQcrLNqROg5bmflCchG6GVfvD3″]The Awards Scheme which is…
-
Food stuff price hikes to cease in 3 weeks
Players in the food stuff value chain have told Citi Business News the hikes in the prices of food stuff which is currently on going is likely to stop in three weeks. The recent harsh weather condition which adversely impacted the production of food stuff lead to hikes in the prices of food stuff across…
-
Capital Bank increases branches offering Saturday Banking to 11
Indigenous bank, Capital Bank, in a bid to offer more convenient customer-focused solutions, has increased the number of branches offering comprehensive banking services on Saturdays to 11. According to a press statement copied to Citi Business News, the bank has added the Dansoman and Ashaiman branches in the Greater Accra region and, Kumasi in the…
-
New Report Says…NNPC Fails to Remit U.S.$4.2 Billion Under Buhari
The Nigerian National Petroleum Corporation (NNPC) continues to withhold billions of dollars in oil sale revenues from the treasury under President Muhammadu Buhari’s administration, a new report said. The report released yesterday by the Natural Resource Governance Institute (NRGI) said in the second half of 2015, NNPC’s sales of export crude, domestic crude and oil…
-
Solving high food prices; agriculturalists advocate irrigation systems
Government is being impressed upon to channel investments in providing irrigation systems for vegetable production in the country, in a bid to reduce the increasing prices of such commodities on the market. [contextly_sidebar id=”FvkZhg8fWqaqVlRfI0GrFX9wNnsDucaG”]The delay in the onset of rain this year, has largely affected agricultural production as most farmers still engage in rain-fed agriculture.…
-
Unstable economy responsible for staggered economic growth – Economist
Economist, Professor Godfred Bokpin, is warning of tougher times for the manufacturing sector if efforts are not stepped up to create a stable macro economy. According to him, even though access to credit has increased following reforms in Ghana’s financial sector, the instability in the macro-economy has made it difficult for businesses to increase their…
-
Cheil Ghana appoints first Ghanaian MD
Cheil Ghana, has appointed Michael Mensa-Bonsu as its new Managing Director. His new role will see him leading the enhancement of the capabilities of Cheil Ghana as well as the expansion of the company’s client base, which includes Tech Giant, Samsung Electronics. According to a statement copied to Citi Business News, Michael comes along with…
-
Govt to distribute 10.2 m high-yielding cocoa seedlings
Government is set to distribute 10.2 million high-yielding and disease resistant cocoa seedlings to farmers in the country this season free of charge. The seedlings are also said to mature faster in record time to help farmers harvest more pods in the future. Government has targeted to distribute a total of 60 million hybrid seedlings…
-
Importers & exporters plead with govt to amend port systems
The Association of Importers and Exporters Association of Ghana have pleaded with government to review the Gate-In and Gate-Out system implemented by customs at the ports. Its implementation was to help importers and exporters enjoy flexible and quick registration and checking at the ports. [contextly_sidebar id=”Xfaxg7iJkZ7qqyappBp4il3t46dkzjgK”]However according to the association, it has rather impacting negatively…
-
CIMG hosts CEO of Unilever Maidie Arkutu, on leadership
The Chartered Institute of Marketing, Ghana (CIMG) in line with moves to promote professional development and enhance the productivity of the Ghanaian workforce, will this month organize another of its series of lectures for 2016. The second in the series of lecture for this year will host, the Managing Director of Unilever Ghana, Ms Maidie…