Author: citibusinessnews
-
Sacked adb workers in court over dismissal
Two management staff of agricultural development bank (adb) who were recently sacked have dragged the bank to court over their dismissal. [contextly_sidebar id=”KAE7kCf6IhDkwd6mvOirqS0WHjZsG4Jr”]adb which last month sacked the two together with 13 others, said their dismissals were executed because their services were no longer needed. Earlier 10 other workers in a class act also sued…
-
Power barge to be connected to national grid in a week – GRIDCo
The power barge from Karpowership is to be connected to the national grid in about one week, according to the Ghana Grid Company Limited (GRIDCo). The barge, which sailed from Turkey, docked at the Tema Harbour on Saturday, and was inspected by a government delegation led by the Minister of Power, Kwabena Donkor. There have been suggestions that…
-
Gov’t shoots down ICT Chamber’s demands
Government has shot down demands being made by the ICT Chamber for the National Communications Authority (NCA) to only allow Ghanaian companies to auction for the 800 MHZ spectrum license. [contextly_sidebar id=”wCWYQ3DLYppeMB038sdoEUGBgrGQejI6″]Communications Minister, Dr. Omane Boamah, responding to the ICT Chamber’s demands said though ‘government will support Ghanaian companies, it will not go to the…
-
BoG to face parliament over sinking fund row
Ranking Member of Parliament’s committee on finance, Anthony Akoto Osei has hinted of plans by the legislature to take on the Bank of Ghana (BoG) for what it describes as mismanagement of Ghana’s sinking fund. Dr. Akoto Osei blamed the development on the IMF’s influence which he said compelled the government to meet its net…
-
Economists caution against MMDAs capital market move
The Director of the Institute of Statistical, Social and Economic Research (ISSER), Professor Felix Asante, has cautioned against a wholesale move to allow the various Metropolitan, Municipal and District Assemblies (MMDAs) to resort to the capital market to raise revenues for their operations. [contextly_sidebar id=”C4mQf8IYtIo1SqihuDWydHjoHTXacNKs”]Arguments have been made impressing on the government to allow district…
-
GMWU urges miners to stay calm over Goldfields layoff
The General Secretary of the Ghana Mines Workers Union (GMWU) has rejected claims of any pending layoffs at Goldfields Damang Mine in the Western Region. [contextly_sidebar id=”Dpkg6chqqFAgj7vdRESdZx1eqy7XEtoD”]According to him the Damang mine of Goldfield Ghana Limited is currently undergoing restructuring and management and management of the company has assured the union that there will be…
-
Power barge sails from Takoradi; docks at Tema tomorrow
The much anticipated 225 Megawatts capacity power barge from Turkey, is finally in Ghanaian waters in the Western Region, and is being escorted to Tema. The barge , which is being towed at a speed of 5 nautical miles, is expected to arrive at Winneba today [Friday] at 6pm. It is expected to dock at…
-
N-Gas has not cut gas supply to Ghana-WAPCo
The West African Gas Pipeline Company (WAPCo) has rejected reports that N – Gas has cut gas supply to Ghana. [contextly_sidebar id=”nQDoxE0QPJNx4V7ALz6EK0tdqg3Pbl74″]It follows earlier reports that N – Gas had cut gas supply to Ghana. According to the General Manager of WAPCo, Harriet Wereko Brobbey N – Gas continues to supply gas to them which…
-
Commercial sale of Kantanka cars to commence
Ghanaian car manufacturer, Apostle Dr. Kwadwo Safo, has disclosed to Citi Business News his outfit has completed the necessary procedures to allow the commercial sale of the Kantanka cars. [contextly_sidebar id=”5CXgyX4jOt9BYrI96svO5u9KTheP4BQJ”]According to him, the initial constraints posed by the various agencies involved in the automobile sector have been cleared. Dr. Safo has been involved in…