Author: citibusinessnews
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Tullow Oil confirms merger with Capricorn Energy
Tullow Oil has confirmed its merger with Capricorn Energy, a fellow British oil and gas company that offers the combined entity oil reserves in excess of a billion barrels across multiple countries in Africa. According to the company, it is intended that the Combination will be implemented by means of a Court-sanctioned scheme of arrangement…
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The Need to Pause and Rethink Tax Exemption Regime in Ghana
Ghana has been granting tax exemptions and getting virtually nothing in return. Meanwhile, higher and more taxes are imposed on citizens repeatedly. Public sector workers are asking government to pause and rethink the exemptions which are a drain on government revenue. Ghana’s low and declining tax efforts make it extremely disturbing for the country to…
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Opportunities abound in Ghana’s digital economy – ABSA Bank’s Justice Amegashie
Acting Chief Enablement and Information Officer at ABSA Bank, Justice Amegashie has underscored the need for entrepreneurs to embrace Ghana’s emerging digital economy to turn around their businesses. Speaking on the first of a series of fora as part of the 2022 Citi Business Festival, Justice Amegashie said, “the digital economy is definitely a boost…
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![Stakeholders call for the use of appropriate technology to deal with energy supply threat [Article]](https://citibusinessnews.com/wp-content/uploads/2022/05/fdhh.jpg)
Stakeholders call for the use of appropriate technology to deal with energy supply threat [Article]
A major concern that has been raised by many Energy experts and policymakers on the nation’s Electricity Supply Plan is the eminent electricity challenges and the need for an alternative sustainable baseload supply. Energy experts studying the electricity supply plan over the years have indicated that beyond 2025 Akosombo and Kpong hydropower Plants which currently…
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2022 Citi Business Festival launches today; digital economy forum slated for Tuesday
The 2022 edition of the Citi Business Festival being organised Citi FM/Citi TV will be launched today, Monday, May 30. This will mark the commencement of the annual month-long festival that seeks to help businesses with growth strategies. The first week of the Citi Business Festival will hinge on the subject, “Re-imagining the Digital Economy.”…
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Togbe Afede XIV urges BoG to introduce measures to deal with rising inflation
The Paramount Chief of the Asogli Traditional Area, Togbe Afede XIV, is urging the Bank of Ghana to speedily put in place measures to curb the continuous rise in inflation in the country. According to him, the current approach is not yielding the expected outcomes. He has thus called for a relook at the approach…



