Author: citibusinessnews
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Govt rules out cutting ties with Ivory Coast over maritime dispute
Ghana says it will not terminate diplomatic talks with neighboring Ivory Coast, despite a raging maritime border dispute between the two nations. [contextly_sidebar id=”8uVytHH7RvzoCurfuoU10QJYgWjnJMnn”]The two West African neighbors are presently engaged in a battle at the Germany-based International Tribunal on the Law of the Sea (ITLOS) over disputed oil fields in the Atlantic Ocean. The…
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Buy made in Ghana goods to end job cuts – Spio Garbrah
The Minister of Trade and Industry, Dr. Ekow Spio Gabrah has urged Ghanaians to buy more made in Ghana goods in order to create more jobs in the country. The minister’s call comes at a time where several Ghanaians are being laid off from their jobs; a situation attributed to the worsening power situation. Dr…
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5 words to avoid using to describe yourself in an interview
Hiring managers all have their favorite interview questions, but they’re typically some variation of the common ones. For example, you might get, “How would your colleagues describe you?” or “Use three words to describe yourself.” Either way, your overall approach would likely be the same. The thing you need to be mindful of, then, is…
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Vodafone invests $700m to improve network quality
Vodafone Ghana says it has invested about 700 million dollars in the company’s systems and network to bring it to international standards in conformity to the dictates of the Vodafone group. This was disclosed at a media launch the Vodafone network campaign with the slogan “it’s never felt this good”. The Vodafone Network Campaign indicates…
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Dismissing BOST union chair was wrong – Labour analyst
A labour analyst has described as “wrong,” the dismissal of a senior staff member of the Bulk Oil Storage & Transportation Co. Ltd. (BOST) Albert Mantey, for speaking to the media. Kofi Davor argued that Albert Mantey spoke to the media in his capacity as the chairman of the Professional and Managerial Staff Union (PMSU)…
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Awuah-Darko dismisses BOST worker for speaking to media
The chairman of the Professional and Managerial Staff Union (PMSU), Albert Mantey has been sacked from the Bulk Oil Storage & Transportation Co. Ltd. (BOST). His dismissal letter which was signed by the Managing Director (MD) of BOST, Kwame Awuah-Darko accused him of breaching the company’s Conditions of Service by speaking to the media [Citi…
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SA falls out of favour with foreign investors
Business leaders are increasingly looking for global opportunities for growth, but not in South Africa, according to the 2015 FDI Confidence Index released this week. [contextly_sidebar id=”Qs3hKNV9edcgVUhz7TqjU0GysJFVVRLp”]According to the 15th annual index from global strategy and management consulting firm AT Kearney, two-thirds of companies plan to return to pre-financial crisis levels of foreign direct investment…
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Tracking devices to bring sanity in petroleum sector
The National Tanker Owners Association has welcomed moves by the National Petroleum Authority to install about 1,500 trackers on fuel tankers for the second phase of its tracker installation. [contextly_sidebar id=”8DmpTPzOpSzvwsbbCk80aJVG7K7uPzJf”]The moves are part of a policy directive by the NPA to track the movement of the tankers across the country with the use of…
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Economist warns Ghana against rushing to adopt Islamic Banking
Economist and the Head of the Finance Department at the University of Ghana Business School, Dr. Godfred Bokpin has advised the Bank of Ghana not to rush in okaying Islamic Banking in Ghana. [contextly_sidebar id=”7pDD4UFNaTgiphG41TDuPfnMAtuxtDJQ”]He adds that authorities must engage in broad based discussions with relevant stakeholders to see the feasibility of adopting such a…
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Blue Skies rules out immediate dismissal of workers due to ‘dumsor’
Beverage producing Company Blue Skies has told Citi Business News it has no immediate plans of laying off workers in the wake of the ongoing power crises despite the negative implications it is having on the company. [contextly_sidebar id=”8s3mJv4yuvnr1EKzjGqU9QdJADAayAZa”]The company which exports its finished goods to international markets currently runs on generators when power goes…