Author: citibusinessnews
-
How a Ghanaian turned the moringa plant into a business
(FORBES AFRICA) When Ben Ajofu was diagnosed with hypertension at the age of 35, doctors told him he would be on medication for the rest of his life. Ajofu proved them wrong; within three to six months of taking moringa, he realised his blood pressure had lowered. “I didn’t really want to take medication at…
-
Durban beats CT in house price growth – index
Cape Town – Durban has beaten Cape Town and Johannesburg to gain the best position among South African cities on the latest Knight Frank Global Residential Cities Index. The index takes property consultancy Knight Frank’s Global House Price Index one step further by tracking mainstream residential prices on a city rather than country basis. The…
-
Antrak, Fly 540 & City Link to resume operations this year
Barring any last minute challenge, the three domestic airlines that suspended operations last year, will resume by the third quarter of this year. This is the indication coming in from the Ghana Civil Aviation Authority. [contextly_sidebar id=”PSsJXkJWgx7nOunC2Ds6mbYs0EksYfvA”]The three, City Link, Fly 540 and Antrak Air, withdrew their services for varied reasons. Antrak Air for instance,…
-
PFAG appeals to Govt to redirect GHS35m into small-holder farming
The Peasant Farmers Association of Ghana (PFAG )has appealed to government to re-channel a 35 million Ghana cedis allocated for Green House Technology and Capacity Building into supporting small-holder farmers. According to the leadership of the association, funds allocated in the 2016 budget for the development of the agriculture sector is insufficient, hence the need…
-
African shareholders in Barclays decry sale of bank
On 1st March 2016 Barclays revealed plans to sell down its 62.3 per cent stake in Barclays Africa over the next two-three years after almost a century in Africa. Hosking Partners, a significant shareholder in Barclays, issued the piece below on the bank’s decision. The article was first published in The Times and is republished with the permission…
-
Philips outdoors energy-saving bulbs
At a time that many Ghanaians and business owners are crying over the hikes in electricity tariffs Philips Lighting, a Global leader in lighting innovations has introduced a new affordable, long-lasting LED bulb. The new LED bulbs will allow all consumers of electricity to cut down on their energy usage by up to 85%. Philips, long…
-
Ghanaians to benefit from OMC price chart
Ghanaians will now have an opportunity to assess fuel prices online before going to the filing station to purchase the commodity. A new app launched by Energy Media Group is designed to rank Oil Marketing Companies on prices to afford consumers an opportunity to choose which company to purchase fuel from. The app, is also…
-
Stanbic outdoors money app product to mobilize funds
Aimed at mobilizing excess funds in the system and empower the youth, Stanbic Bank Ghana has launched a new product known as the Stanbic Money App Challenge. The Stanbic Money App Challenge is a national mobile app development competition aimed at engaging talented mobile app developers and teams all over Ghana, with the intention of…
-
Informal sector urged to embrace cashless transactions
Business owners in the informal sector have been advised to embrace cashless transactions as a means of enhancing productivity while reducing the risks of losing their money. In recent times, efforts aimed at encouraging the informal sector to adopt cashless transactions have failed as many perceive electronic transaction as costly and cumbersome. [contextly_sidebar id=”XuHbrALNSnIKdH6RdElN2JxEjrav36wI”]But Speaking…
-
Soyabean records highest gain in price for last week in March
For the last week in March, soyabean recorded the highest gain in price. The commodity gained 6 percent and it is now selling at 6 cedis 40 pesewas per medium size tin. [contextly_sidebar id=”mCyW3UNCrR6njGNtFyObHtZdrJ5G7GJg”]This was followed by groundnut which gained 4 percent to close the week at 13 cedis 30 pesewas per medium size tin.…