Author: Ellen Dapaah
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Akufo-Addo declares 2021 as ‘second year of roads’
President Nana Addo Dankwa Akufo-Addo has declared 2021 as the “second year of roads”. Delivering his inaugural speech on Thursday, January 7, 2021, President Nana Akufo-Addo said he will largely focus and prioritize road projects to improve infrastructure this year. “Our roads are being constructed at a faster pace than before, and yes, there are…
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Ports charges to be increased from March 2021 – GPHA
From March 2021, tariffs on imports and exports of cargo will see an increase at the various ports in Ghana. This follows an announcement by the Ghana Ports and Harbours Authority. The first announcement of an increase in port tariffs was made in July 2020, but was later suspended in September. But according to a…
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Cost of fuel to go up marginally in January – IES predicts
The Institute of Energy Security (IES) has predicted a two to three percent increase in fuel prices in the coming days. This is for the first pricing window for January 2021. According to a statement from the Institute, this price increase can be attributed to the “5.03% increase in price of International Benchmark- Brent Crude,…
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![Reopening of schools: Books and stationery retailers hopeful of cashing in soon [Video]](https://citibusinessnews.com/wp-content/uploads/2021/01/stationery-shop.png)
Reopening of schools: Books and stationery retailers hopeful of cashing in soon [Video]
It’s been nine months since classrooms across the country were filled with students at various levels. The slowdown in educational activities affected operators of books and stationery stores across the country. A visit to some stores in the Central Business District of Accra indicates that many of these operators are hopeful of cashing in on…
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About 12,000 businesses have benefited from Nkosuo Fund – NBSSI
The National Board for Small Scale Industries (NBSSI) has so far disbursed funds to about 12,000 businesses under the Nkosuo Fund. According to its Executive Director, Kosi Yankey-Ayeh, the Board hopes to finish its disbursements by January 31, 2021. The Nkosuo programme, which is a GHS90 million injection into the sector, was launched in September…
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![Sale of unique Christmas accessories booming during festive season [Video]](https://citibusinessnews.com/wp-content/uploads/2020/12/christmas-hat.png)
Sale of unique Christmas accessories booming during festive season [Video]
Christmas is not merely a time of celebration for everyone; at least not for those in specific businesses who focus more on cashing in on the celebrations. Although there are the usual complaints about business being slow according to some traders in major markets Citi Business News has visited, there are some retailers who are…
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Call ECG to order on prepaid issues – IES to Energy Ministry
The Institute of Energy Security (IES) has tasked the Ministry for Energy to as a matter of urgency, demand solutions from the Electricity Company of Ghana (ECG) on problems related to the purchase of prepaid. This comes after several prepaid customers complained about “being slapped with outrageous bills for electricity not consumed”. A statement issued…
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Market fires: GUTA demands compensation for affected traders
The Ghana Union of Traders Association (GUTA) is demanding compensation for all traders whose shops have been affected in the market fires recorded in the country in recent times. Several markets, including the Odawna, Kantamanto, and the most recent one, the Kaneshie market have been razed by fire within the last two months. The President…
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Ashigbey urges government to revise telecoms industry laws to boost growth
The Chief Executive Officer of the Ghana Chamber of Telecommunications, Ken Ashigbey, has asked the government to revise the regulatory framework governing the industry to suit current trends. According to him, the current laws do not support the effective development of the sector. In an interaction with the media in Accra, Mr. Ashigbey, while making…
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Business activities yet to pick up days after elections
Ahead of election years in Ghana, traders usually complain about a slowdown in economic activities. Several interactions with traders prove that business is normally slow due to the fear of possible election-related violence that might break out in town, or the attitude of customers having to save their money for Christmas. Large companies also take…