Author: citibusinessnews
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Tekper briefs parliament on oil revenue losses
Finance minister Seth Tekper will appear before parliament tomorrow March, 12, 2015 to present revised estimates of the 2015 budget statement. [contextly_sidebar id=”jduzHbIWYwDwTN6doSy3CboaJ8UsRrR3″]The revision in estimates follows the drop in the price of crude on the world market. Government’s revenue estimates for crude prior to the slump in oil prices was pegged at 4.2 billion…
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PURC to distribute solar panels to small businesses
The Public Utility and Regulatory Commission (PURC) has announced plans to start distributing roof top solar panels to small and medium scale businesses. [contextly_sidebar id=”Prj5x6TEWGZ2iscNsipTipquDSRuKjsz”]”It is also a step towards doing our pilot of giving them some roof top solar panels which will power their equipment. They don’t have very heavy equipment, like the seamstresses…
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Inflation inches up to 16.5% in February
Inflation for the second month of 2015 February recorded an increase from the 16.4 percent it recorded in January to 16.5 percent for February. [contextly_sidebar id=”ILcJxiGyBo70RsLvb8TQt2Hugd1xLOoj”]Inflation measures the change over time in the general price levels of goods and services. Food inflation rose to 7.0 percent from 6.9 percent whereas non food inflation recorded 23…
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First Capital Plus bank appoints Senior General Manager
First Capital Plus Bank has appointed Horace Tetteh as Senior General Manager. Horace has several years’ experience in the financial services sector working with Standard Chartered Bank and Pricewaterhousecoopers (PWC). His last role at Standard Chartered Bank was Director and Country Head of Investors and Intermediaries within the Transaction Banking Group, where he was responsible…
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Ghana will meet digital migration deadline-Communications ministry
The Ministry of Communications has assured Ghana will meet the global deadline to migrate from analogue television broadcasting to Digital Terrestrial Television (DTT). [contextly_sidebar id=”n6U9f3zJIwsKcGwhI8kdPMIiLaHEpE4c”]This comes after a commercial court hearing an interlocutory injunction case filed by Star Communication Network Technology Company Limited of China yesterday, March 9, 2015 struck out the case. According the…
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Cocobod warns LBCs after retrieving stolen cocoa beans
Cocobod has warned it will crack the whip on any Licensed buying companies (LBCs) found to be involved in the smuggling and stealing of cocoa beans. [contextly_sidebar id=”CRmnyWMMHQZInqnhukEoPjiF0kkxM36n”]The assertion follows the retrieval of some 206 bags of cocoa by cocobod, alleged to have been stolen by some persons at the Cocoa Marketing Company Warehouse in…