Author: citibusinessnews
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AfCFTA Program Will be Added to Tertiary Education Curriculum- AfCFTA Policy Network
The AfCFTA Policy Network (APN) is developing a program to be included in the curriculum of tertiary schools starting from the University of Ghana. The African Continental Free Trade Area (AfCFTA) has one of its core mandates being the elimination of trade barriers while boosting intra-African trade. The APN hopes to develop and inculcate a…
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Printed cash claims: GH¢22bn was govt’s net claims, not new currency – BoG
The Bank of Ghana (BoG) has refuted claims by the Minority’s that it has printed more currency for the country without parliamentary approval. In a statement issued on Tuesday, July 26, 2022, the Central Bank clarified that the said amount of GH¢22.04 billion the Minority claimed to have been printed “represents net claims on Government,…
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Seth Donkor writes: Smart working or hard labour?
Fusing technology into business operations over the years has been steady but slow. Then came 2020, and Covid-19. Who would have thought that 2020 would be the year we would have to stop shaking hands and start elbowing each other, always stand two meters apart, or stop going to the office at all? The reality…
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Accra-Tema motorway users to pay tolls after completion of expansion works
Users of the Accra-Tema motorway can expect to start paying tolls again after the completion of expansion works on the road. During the Mid-year budget review, the Finance Minister, Ken Ofori-Atta, said the completed road will be tolled to recover the whole cost. The toll will also be to “pay lenders and provide a return…
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Ghana Exim Bank Deputy CEO meets management of Winas International Foods
Following her participation in the maiden edition of Expo Ghana 2022, a business forum and special exhibition of Made-In-Ghana products recently held in London, United Kingdom, the Deputy Chief Executive Officer of Ghana Exim Bank (GEXIM), responsible for Banking and Business, Rosemary Beryl Archer, has met with management of Wanis International Foods. The meeting took…
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Gov’t to make $13.2bn savings from renegotiated power contracts – Ofori-Atta
The government says it could save the country about US$13.2 billion from successful renegotiating of some of the Power Purchase Agreements (PPAs). The savings would accrue over the lifespan of the renegotiated agreements, the Minister of Finance, Ken Ofori-Atta, told Parliament. Mr. Ofori-Atta said during the presentation of the mid-year budget review Monday, July 25,…
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![2022 mid-year budget review [Full speech]](https://citibusinessnews.com/wp-content/uploads/2022/07/ofori-atta-in-parliament.jpg)
2022 mid-year budget review [Full speech]
The Finance Minister, Ken Ofori-Atta has presented the 2022 Mid-Year Budget Review to Parliament for approval. The review, which did not see a request for new funds, noted the current macroeconomic figures that have suffered in recent times. It also announced a return of road tolls on the Tema-Accra Motorway in the future and the…
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SIM card registration exercise will not be extended again – Ursula Owusu-Ekuful
The Minister for Communications and Digitalization, Ursula Owusu-Ekuful has warned that the deadline for the registration of SIM cards in Ghana, will not be extended for a second time. The exercise which began on 1st October, 2021, was originally scheduled to end on 31st March, 2022, was extended by the sector Ministry to 31st July,…
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IIPGH to enter coding education partnership with Telecoms Chamber
The Institute of ICT Professionals, Ghana, (IIPGH), is proposing a partnership with the Ghana Chamber of Telecommunications to promote and sustain its coding program in schools within three regions namely, Volta, Eastern and Central regions. The partnership, which forms part of the Institute’s Coding Caravan initiative is part of efforts to scale up its coding…
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About GH¢5 billion was paid as bribe in private, public sectors in 2021 – GSS
A survey by the Ghana Statistical Service and its partners has revealed that an estimated amount of GH¢5 billion was paid as bribes in the year 2021. The report dubbed ‘2021 Ghana Integrity of Public Services Survey’ indicates that 26.7% public sector officials and 9.1% private sector players engaged in bribery acts. The survey was…