Author: citibusinessnews
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All is set to kick-start population and housing census in June – GSS
The Ghana Statistical Service, GSS, says all is set for the national population and housing census in June this year. The Service has set June 28 as the census night; which means that anyone who spends that night at any location anywhere in the country; will be enumerated and captured as part of the country’s…
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COCOBOD distributes 100,000 motorized pruners, slashers to cocoa farmers
The Ghana Cocoa Board (COCOBOD) has distributed 100,000 motorized pruners and slashers to cocoa farmers across the country. According to COCOBOD, this is part of policies being rolled out to encourage cocoa farmers to adopt best practices to boost production. The machine, which cost Ghc 5,000, has been distributed to the farmers through the various…
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Tullow Oil Plc strengthens Board’s oversight after 2019 troubles
Tullow Oil Plc has announced that it has strengthened the oversight of its board of directors on the operations of the company. The company’s board was accused of not doing enough as a string of issues in its operational countries saw the company plunged into a loss in excess of US$1.6 billion. Tullow’s reporting of…
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GIPC takes steps to review its law in line with AfCFTA and other protocols
The Ghana Investment Promotion Centre, (GIPC), says steps are being taken to review the Company’s Act to be in line with the African Continental Free Trade Area agreement, AfCFTA, and other protocols. The impending review of the GIPC Act 2013, (Act 865), is aimed at creating a competitive urge for Ghana globally, to be able…
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Ghanaian banks announce safety measures to combat COVID-19
Banks in the country are deploying safety measures to check against the spread of the novel Coronavirus after two cases were confirmed in Ghana on Thursday, March 12, 2020. Messages sent out to customers by the banks urged their clients to remain calm as they collaborate with relevant health authorities to ensure their safety. With…
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Human resource development and road safety are key priorities for us – Puma Energy
The West African Regional Human Resource Manager of Puma Energy, Francis Kwame Agyakwa, has reiterated the company’s commitment towards developing the capacity of its workforce through stakeholder partnerships. Speaking to citibusinessnews.com during Ashesi University’s 2020 Annual Career Fair, Mr. Agyakwa lauded the university’s initiative of offering students the opportunity to interact with renowned entrepreneurs and…
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Tullow Oil banks hope on hedging; restructuring to escape impact of COVID-19
Troubled oil producer, Tullow Oil plc, is in a hurry to forget 2019. It was a year that the company showed loads of promise and even much greater disappointment, which culminated in the departure of its CEO, Paul McDade and Head of Exploration, Angus Mcoss. While Tullow had run into problems with the Ugandan tax…
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Coronavirus pandemic will affect our 2020 FDI target – GIPC
The Ghana Investment Promotion Centre, GIPC, says its Foreign Direct Investments target may be affected due to the devastating effects being caused by the deadly coronavirus pandemic globally. The Chief Executive Officer of GIPC, Yofi Grant, says the partial slowdown in some economic activities will most likely have an adverse effect on FDIs in the…
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Coronavirus pandemic a wake-up call for Ghana to boost manufacturing – Ghana Exim Bank
Chief Executive Officer of the Ghana Exim Bank, Lawrence Agyinsam, says the coronavirus outbreak which originated from China and has affected trade activities in Ghana which relies heavily on Chinese imports; should be a wake-up call for the country to produce and manufacture enough goods to serve its citizens. Currently, Ghanaian businesses that rely on…
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Asokwa: Poultry farmers seek financial support after losing birds to unfavourable weather
Some poultry farmers in the Asokwa Municipality of the Ashanti Region have urged government and the Ministry of Food and Agriculture, to assist them to access soft loans from the Microfinance and Small Loans Centre, MASLOC, and other financial institutions to sustain their businesses. The farmers say they may be forced to lay off workers…