Author: citibusinessnews
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![Industrialization – A solution to Ghana’s galamsey menaces [ARTICLE]](https://citibusinessnews.com/wp-content/uploads/2023/09/1827447f-9152-4727-9d32-bdb0e3f088db.jpeg)
Industrialization – A solution to Ghana’s galamsey menaces [ARTICLE]
The Ekumfi Juice Initiative Efforts to tame illegal mining, popularly known as ‘galamsey’, have failed to yield results in the country, as the menace continues to attract a significant number of youth, looking for seemingly guaranteed ways to quickly enrich themselves. The act is being driven by the current unemployment amongst Ghanaian youth, especially among…
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Medical Credit Fund introduces digital loans for SMEs in healthcare
To bridge the financing disparity among players in the healthcare sector, the Medical Credit Fund (MCF) has stepped in with innovative and digital credit funding solutions for Small and Medium-Sized healthcare enterprises. The move is also to provide healthcare facilities with a quick, easier and more affordable financial assistance to boost their operations. The launch…
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GRA summons 11 shop owners over tax irregularities
Eleven shop managers have been summoned by the Domestic Tax Compliance Taskforce of the Ghana Revenue Authority (GRA) for thorough investigations into their business operations. The shop owners have been involved in issuing selective VAT invoices and have failed to adhere to tax compliance regulations, leading to substantial revenue losses for the state. The GRA…
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Girls in Aviation Day Celebrated at Kotoka International Airport
The 9th Girls in Aviation Day was joyously celebrated at Kotoka International Airport, showcasing the significance of women in aviation and inspiring young women to explore career opportunities in the industry. This global event, organized by Women in Aviation International (WAI), witnessed enthusiastic participation from Ghana’s own WAI chapter, comprised of dedicated women professionals from…
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Water shortage to hit parts of Accra; businesses to be affected
Areas and businesses being served by the Kpong Treatment Plant will have an interruption in water supply from Sunday 24th September to Thursday 28th September 2023 to enable engineers of the Ghana Water Company Limited (GWCL) to work on the transmission pipeline. The areas that will be affected by this exercise include Gbetsile, Afienya, Zenu,…
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Influx of Chinese tanker trucks will kill local businesses – Kwame Jantuah
Private legal practitioner, Kwame Jantuah, has warned authorities against the consequences of the influx of Chinese tanker trucks in Ghana’s oil downstream space. The legal practitioner wants the influx checked to save local businesses. A letter by the Tanker Owners Union to the National Petroleum Authority (NPA), appealed to the NPA to intervene in the importation…
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GEPA poised to achieve over $4bn target for non-traditional exports
The Chief Executive Officer (CEO) of the Ghana Export Promotion Authority (GEPA), Dr. Afua Asabea Asare, has stated that the authority is poised to achieve its over $4 billion target for Non-Traditional Exports (NTEs) for the country. NTEs are defined by the GEPA as all products other than cocoa beans, logs and lumber, unprocessed gold,…
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Global finance must transform to address Africa’s climate challenge – Ofori-Atta urges
Minister for Finance, Ken Ofori-Atta, has made a clarion call to action urging the global financial community to undergo a profound transformation to confront the pressing climate crisis affecting Africa. Mr. Ofori-Atta emphasized the critical need for increased financing to support Africa’s adaptation and mitigation efforts in the face of climate change. “Africa is at…
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Citi Business Olympics allows top-tier networking among corporate organisations – Papaye
Ivy Eva Yankah, the General Manager of Papaye, has highlighted the significance of Citi TV and Citi FM’s Business Olympics in fostering high-level networking opportunities among corporate organizations in Ghana. During an interview with Frema Adunyame on Citi TV’s Breakfast Daily, she emphasized the value of the event in bringing together professionals from diverse corporate…
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Ofori-Atta commends G20 for AU’s inclusion, urges common voice
The Minister for Finance, Ken Ofori-Atta says Africa now has the opportunity to contribute to key global issues and push for common interests that would help accelerate economic development in the region. Mr. Ofori-Atta’s optimism follows the recent inclusion of the African Union in the Group of 20 most important industrialized and developing economies, also…