Author: citibusinessnews
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Domestic airlines to slash fares
Domestic Airline operators have hinted to Citi Business News prices of domestic airfares will soon be reduced following the performance of the cedi against major foreign currencies. [contextly_sidebar id=”pHYbZlAO9JwFvypLDhWMYfV8LcsSFRFj”]The cedi in the past weeks has appreciated against major foreign currencies including the dollar. Its performance has been attributed to the weekly injection of some 20…
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Stop foreigners from importing not locals-GUTA
The Ghana Union of Traders Association (GUTA) has taken a swipe at the Finance Minister Seth Tekper over his request for an increase in exports. [contextly_sidebar id=”ZEvbXsFAHlyvrJvK7ZxngNVpxDAmsPY5″]According to GUTA government and the Ghana Investment Promotion Council (GIPC) are solely responsible for the high imports into the country. Finance Minister Seth Terkper in presenting the 2015…
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World bank raises concerns over new national airline
Citi Business News has gathered that the World Bank has raised concerns over the proposed arrangements for the setting up of new national airline. [contextly_sidebar id=”WC71e0MWMNLRFrsl4u1gduklRDmPtQyJ”]According to sources the proposed arrangement in the feasibility report from PricewaterhouseCoopers (PWC) which has been submitted to the World bank, which are financiers of the project is currently under…
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2nd IFEJ Flamingo Awards for Business and Financial Journalism launched
The Institute of Financial and Economic Journalists, (IFEJ), has launched the Second Edition of the IFEJ Flamingo Awards for Business and Financial Journalism . The award scheme forms part of measures by the institute to award excellence in the business reportage. Speaking at the launch of the awards under the theme, “Protecting the National Purse”,,…
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Full statement on 2015 mid-year budget review
On Tuesday, the Finance Minister, Seth Terkper presented to Parliament, the 2015 min-year budget review. His address gave an account of the first five months of government’s implementation of the 2015 budget. Among other things, Mr. Terkper disclosed that the nation’s expected economic growth of 3.9% for 2015 cannot be met. He also indicated that the…