Author: citibusinessnews
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Demand for local poultry up as COVID-19 slows down influx of imported chicken
As the COVID-19 pandemic takes a toll on businesses that largely rely on imported products due to disruptions in the global supply chain, some local businesses usually overwhelmed by competition from imported products are making some gains. Players in Ghana’s poultry industry, which is struggling for attention due to over reliance on imported chicken, say…
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COVID-19: Bank of Africa widens payment platforms to assist SMEs
As part of efforts to support operators of Small and Medium Scale Enterprises (SMEs) to keep their businesses afloat in the wake of the coronavirus pandemic, Bank of Africa (BoA) is providing restructuring of loans for businesses, cross-border business support in terms of assistance with suppliers, local and international trade finance and business advisory services…
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Prepare to take advantage of AfCFTA’s new implementation deadline – GNCCI to businesses
The Chief Executive Officer of the Ghana National Chamber of Commerce and Industry (GNCCI), Mark Badu Aboagye, has asked businesses to take advantage of the postponement of the implementation of Africa Continental Free Trade Area Agreement to prepare adequately towards its execution next year. The AfCFTA Secretariat rescheduled the implementation from this month to the…
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Fix bad roads in farming areas to curb post-harvest losses – Esoko urges Gov’t
Commodity price survey Service Company, Esoko Ghana, has reiterated the need for government to be deliberate about fixing roads leading to food producing areas of the country. The Content Manager at Esoko Ghana, who made the call, told Citi Business News many deplorable roads in farming areas of the country contribute to the worsening post-harvest…
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Esoko urges gov’t to speed up warehousing project to tackle post-harvest losses
A Commodity price survey service company, Esoko Ghana, has asked government to speed up its construction of warehouses to prevent post-harvest losses as the harvest season for farmers inches closer. Government in 2018 launched the one district, one warehouse project, to provide storage for farm produce. For many years, post-harvest losses have become a common…
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Nigerian retailers at Tip Toe Lane gear up for business after reopening of shops
Some Nigerians engaged in retail trade in Accra are in the process of resuming full operations following the reopening of their locked up shops after nearly 7 months. The Ghana Union of Traders of Association, GUTA, locked up the shops in protest against foreigners in retail trade which is unlawful under Ghana’s laws. The shops…
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Austin Gamey’s claims on ‘Accumulated Leave’ flawed – Labour Law Practitioner
A former head of Legal and Administration at the Trade Union Congress (TUC), Paapa Kwasi Danquah, says the claim by Labour Consultant Austin Gamey, to the effect that one automatically forfeits their leave when they do not utilize it under a given year is flawed per the labour laws. According to Mr. Gamey, per Section…
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Leave is lost when you don’t take it; nothing like accumulated Leave exists – Austin Gamey
A Labour Consultant and a former Deputy Minister for Employment and Social Welfare under the erstwhile NDC government , Austin Gamey, has stated that the concept of accumulated leave, which is mostly prevalent in Ghana’s public sector, is not backed by the labour law. According to him, per Section 31 of the Labour Act, unused…
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COVID-19: Abossey Okai Spare Parts dealers lament slowdown in business activities
Spare parts dealers at Abossey Okai in Accra, Ghana’s major market place for auto parts and accessories; say the closure of borders and the disruption to general global supply chain caused by the COVID-19 pandemic; is taking a toll on their operations. The dealers, who mostly import from China, Dubai and the United States, say…
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Add value to stay employed amidst COVID-19 – Jobberman MD urges employees
The Managing Director of Jobberman Ghana, an HR recruitment Solutions firm, Kwaku Agbeshi, has advised employees to enhance their skill set by being innovative in the face of uncertainties like the coronavirus pandemic. According to him, in such situations where job losses are very likely, workers who are innovative and have the right skill set…