Author: citibusinessnews
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Dissolve NPA if it cannot regulate fuel prices – Dr. Wereko-Brobby
A former Chief Executive Officer of the Volta River Authority (VRA), Dr. Charles Wereko-Brobby has called for the dissolution of the National Petroleum Authority (NPA) if it can’t regulate fuel price hikes to protect consumers. Dr. Wereko-Brobby in an interview on Eyewitness News on Tuesday, November 1, added that the NPA must control the Oil Marketing Companies…
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Nebraska State senators to visit Ghana
Three Senators from the State of Nebraska, United States of America, and an International consultant, are set to arrive in Ghana on Sunday, November 13, 2022, for a 5-day visit. Their visit is aimed at working and developing business relations between Ghana and the State of Nebraska, with a focus on Agriculture, Agro Processing, Energy,…
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Eight countries across Africa toast to Champagne day the imperial way
If there’s anything that truly encapsulates life’s high notes, it’s raising a glass of champagne in celebration. And, if there’s anyone who has honed the art of champagne-making, it’s Moët & Chandon. This inherent ‘know-how’ is something that the French so elegantly call ‘savoir-faire’ – an instinctive expertise and finesse with which the champagne Maison…
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We’ve not conspired with any operatives to transfer funds offshore – BoG
The Bank of Ghana has debunked allegations by the Director of Research at the Ghana Trades Union Congress (GTUC), Dr. Kwabena Nyarko Otoo that it is collaborating with some operatives at Cow-lane in Accra to illegally transfer funds offshore. The Central Bank says it vehemently denies the said allegations and also considers them extremely reckless.…
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Neuce wins ‘paint manufacturer of the year’ at 2022 National Customers’ Choice Awards
Neuce wins ‘paint manufacturer of the year’ at 2022 national customers’ choice awards. The organisers of the 2022 edition of the National Customers’ Choice Awards Ghana, acknowledged the company for being the best in the sector. The 3rd Edition of National Customers’ Choice Awards Ghana, organised by KN Unique Communications, is an event organised to…
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There won’t be ‘haircuts’ on your investments – Akufo-Addo assures
The President, Nana Addo Dankwa Akufo-Addo has assured that government does not intend to slash the returns made on investments as speculated. President Akufo-Addo gave the assurance when he addressed the nation on Sunday following economic challenges currently confronting the country. “I also want to assure all Ghanaians that no individual or institutional investor, including…
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Our negotiations with IMF progressing smoothly; ignore contrary claims – Gov’t
The Ministry of Finance has rejected claims that its negotiations with the International Monetary Fund (IMF) for a bailout have not been smooth as projected. A statement from the Ministry said such claims are untrue and should be disregarded. Some reports in the public domain say the negotiations are not going well because the Fund…
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Petrol, diesel prices to go up further to ¢18 and ¢20 by mid-November – IES
As the country continues to suffer continuous fuel price hikes and increases in transport fares, consumers may have to brace themselves for more shocks in the coming weeks. This is because the Institute for Energy Security (IES) is predicting petrol and diesel prices to go up further to ¢18 cedis and ¢20 per liter for…
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ATC Ghana wins 4 awards at GITTA 2022
ATC Tower (Ghana) LTD, at the weekend, was presented with four prestigious awards at the Ghana Information Technology and Telecom Awards (GITTA). The awards ceremony, which was held at the Movenpick Ambassador Hotel in Accra on Friday 21 October 2022, awarded the company the top spot in two categories whilst the other two were presented…
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JICA concludes Cohort 2 of the NINJA Program with Demo Day
The Japan International Cooperation Agency (JICA), in partnership with Ghana Enterprise Agency, Accra Digital Center, and MDF West Africa launched the NINJA (Next Innovation with Japan) Program in Ghana. Supporting eight startups with business incubation support and financial support of GHȼ240,000 in total, the second cohort of the NINJA ended with a Demo Day. On…