Author: citibusinessnews
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Vodafone offers relief to its Fixed Broadband customers
Vodafone has announced to its customers that the ongoing load shedding exercise has come with operational challenges for it’s network, particularly the fixed broadband services. A statement from the telecom giant said the 24-hour outage schedule and reduced hours of power availability has compounded the situation for its fixed network stations across the country. The…
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Fitch keeps Ghana’s sovereign rating at ‘B’ with negative outlook
Ratings agency Fitch has affirmed Ghana’s credit-worthiness at B, with negative outlooks, few days after Moody’s downgraded the country from B2 to B3. In a statement issued last Friday, Fitch affirmed Ghana’s ratings at B with negative outlooks. According to the key assumptions, Fitch assumes Ghana’s GDP growth will recover to 5% in 2016. This…
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Air Namibia to recommence operations in Ghana
The High Commissioner of the Republic of Namibia to Ghana Charles Josob has confirmed to Citi Business News that Air Namibia will recommence operations in Ghana soon. The Namibian national carrier folded up its operations in the country in June last year due to high operational cost. After more than 4 years of operating in…
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Namibia to deepen trade relations with Ghana
The Deputy High Commissioner of the Republic of Namibia to Ghana, Mr. Gabriel Shaanika has stressed on the country’s objective and strong will to build on relations with Ghana as a member of the Commonwealth of Nations and the African Union. He made the statement at the press launch of the High Commission of the…
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Newmont and Ghana Mineworkers Union resume negotiations
Newmont Ghana and the Ghana Mineworkers Union (GMWU) today March,19,2015 announced they have resumed negotiations on their salary and collective agreements. [contextly_sidebar id=”RNyXKkqTKcWTxLLqH2zGc5gYbtVIz57J”]The parties’ decision to return to the negotiating table follows the GMWU’s recent threat to strike and the company’s subsequent appeal to resume good-faith dialogue. “We recognise that embarking on a strike will…
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Opec has to keep output ceiling – Kuwait
The Organisation for the Petroleum Export Countries (Opec) members have no choice but to maintain current production levels despite falling oil prices in order to preserve their market share, Kuwait’s oil minister said on Thursday. “Within Opec, we don’t have any other choice than keeping the ceiling of production as it is because we don’t…
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ECG must comply with load shedding timetable -MTN
Telecom giant MTN Ghana has joined calls for the Electricity Company of Ghana (ECG) to follow the published load shedding time table. [contextly_sidebar id=”0l2Jlt7yNm0c6ZXR3d6II74iYLKfvwpb”]According to MTN Ghana’s CEO Serame Taukobong “the critical thing is engaging with government to find solutions to the problem and yes we don’t have 100 percent reliability on ECG, that is…
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Govt to lift ban on public sector recruitment ?
Finance Minister Seth Tekper has hinted government will lift the ban on the recruitment of employees in the public sector if the fortune of the country improves. [contextly_sidebar id=”spuS7kXrLb0yqLF3u25qfhol4GWo8U49″]Government in 2010, placed a ban on the recruitment of employees in the public sector as part of measures to stabilize the economy and effectively manage the…
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Airline tickets to Australia now available in Ghana
Air passengers flying to Australia can now purchase their tickets in Ghana. [contextly_sidebar id=”6apUTS3mpA5ePZeUXUB7nzltyIipWoVK”]Prior to this move, passengers flying to Australia had to travel to Sidney in order to purchase their tickets. But a new co-sharing agreement between Australia’s National Airline, Qantas, and Emirates Airlines will mean passengers can now buy tickets in Ghana. The…
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Don’t lay-off any core technical staff, Petroleum ministry warns Tullow
The Ministry of Petroleum has directed Tullow Ghana Limited, not to lay-off any core technical staff after announcing plans to layoff some workers of the company as a result of the slump in crude prices on the international market. [contextly_sidebar id=”1qseKkZHm9cj48ovb3NQaL5MaYcoJ0xH”]According to a statement signed by the Communications Consultant to the Energy Ministry, Edward Bawa,”…