Author: citibusinessnews
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2021 budget: Parliament approves GHS129 billion for financing government’s operations
Parliament has approved the sum of GHS129 billion for the services of the government for the 2021 financial year. The sum was captured in the Appropriation Bill. Before the approval of the Appropriation Bill on Tuesday, March 30, 2021, the House passed the COVID-19 Health Recovery Levy, Energy Sector Levies Amendment, Financial Sector Recovery Levy…
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Sunon Asogli set to deploy plant in Freetown to boost power supply
Giant power producer, Sunon Asogli Power Ghana Limited, is set to deploy in Freetown, Sierra Leone, a 20MWp-50MWp [megawatt power] Solar PV in one year and another 160MW to be known as Benkongor Hydro plant in four years. The expected total investment cost for the two projects is about US$700million. In a statement issued by…
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GUTA to meet AMA over forceful take-over of electrical stalls at Opera Square
The Ghana Union of Traders Associations (GUTA) intends to later today, meet with officials of the Accra Metropolitan Assembly (AMA) over Monday’s demolition exercise and take-over of stalls at the Opera Square in Accra. GUTA says the meeting is to unravel circumstances leading to the siting of some containers by an unknown private developer possibly…
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Piccadilly Biscuits outdoors actor Mikki Osei Berko as Brand Ambassador
Ghanaian food manufacturing company, Piccadilly Biscuits Limited, has announced the signing of ace Ghanaian actor and broadcaster, Mikki Osei Berko, as its new Brand Ambassador. The two-year contract is intended to accelerate and intensify the company’s marketing campaign to maintain its position as one of Ghana’s leading food manufacturing brands. Speaking to citibusinessnews, the Managing…
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Poultry farmers urged to employ modern trends to reduce production cost
President of the Greater Accra Poultry Farmers Association, Mr. Michael Nyarko Ampem has urged poultry farmers in the country to employ new and effective methods in poultry management to reduce production cost. According to him, for players in the poultry farming business to be successful, they needed to exercise a high level of management in…
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3rd Northern Excellence Awards: Radia Adama Saani wins Travel & Tourism CEO award
The Chief Executive Officer (CEO) of Moontouch Travel Limited, Madam Radia Adama Saani, has been adjudged best Travel & Tourism CEO of the year 2020 at the 3rd Northern Excellence Awards. The event took place at the Nim Avenue Hotel in Tamale, on Saturday, 27th March 2021. She received the prestigious award alongside other distinguished…
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Stakeholders call for stiffer control measures on illicit financial flows
The Head of Tax policy Unit at the Ministry of Finance, Mr. Daniel Nuer has called for stiffer measures in controlling illegal financial flows from the African Extractive Sectors. According to Mr. Nuer, the ravaging impact of the COVID-19 Pandemic on the African economies requires that African governments do all within their power to block…
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Special Prosecutor was not fair to me – Ofori-Atta
Finance minister-designate, Mr Ken Ofori-Atta has bemoaned the failure of the Office of the Special Prosecutor to offer him a fair hearing in the preparation of its report condemning the controversial Agyapa Royalties deal. The deal which proposed to sell almost 76 percent of Ghana’s future receipts from gold royalties to a special purpose vehicle,…
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UBA America to facilitate investment, development capital, trade between North America & Africa
UBA America, the United States’ subsidiary of Pan African financial institution, United Bank for Africa (UBA) Plc, has pledged its continuous commitment to facilitate trade and investment between North America and the African continent. Speaking on Thursday from the Bank’s office in New York, the Chief Executive Officer, UBA America, Ms. Sola Yomi-Ajayi, disclosed that…
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Find, Explore and download apps easily with Huawei Petal Search
The phrase “There is an app for that” has become more common than ever before in recent times. With more apps being developed every day, it is no surprise that users are spoilt for choice when looking for their favorite apps. Huawei, a brand known for recognizing what the consumer wants and providing exactly what…