Author: Godwin Akweiteh Allotey
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41 shops of foreigners engaged in retail trade locked up at Suame Magazine
Forty-one shops belonging to some foreigners engaging in retail trade at the Suame Magazine Industrial area have been locked up. This was part of a nationwide exercise by the Committee on Foreigners in Retail Trade. The committee is undertaking the exercise following concerns by Ghanaian traders that some foreigners were in the retail space unlawfully.…
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MPS Terminal 3 breaks all-time productivity record on MSC LIVORNO
On Saturday 15th August 2020, Meridian Port Service (MPS) reached a new level of container handling productivity on vessels by exceeding the previous record of 112 moves/hour which was achieved on MSC ALTAIR that berthed at Terminal 3 on 15th May 2020. The new vessel productivity record of 139.91 moves/hour on MSC LIVORNO is from…
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TUC demands immediate stakeholder meeting to discuss low lump sum pension payments
The Trades Union Congress (TUC) of Ghana has called on Government to immediately convene a stakeholder forum on pensions in the country. According to TUC, persons who retired from January 2020 and beyond are worse off as compared to the old pension system. This, the Union blames on what it says are incredibly low lump-sums…
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Over 500 dressmakers supported with GHS1 billion stimulus package
Over 500 members of the Ghana National Tailors and Dressmakers Association have received loans from the government’s GHS 1 billion Coronavirus Alleviation Programme Business Support Scheme (CAP BuSS) managed by the National Board for Small Scale Industries (NBSSI). The CAP Business Support Scheme which was launched in May 2020 was part of the government’s economic…
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Lack of clear policy direction affecting poultry industry – Poultry Farmers Association
The lack of clear policy direction governing the poultry industry in Ghana is negatively affecting the industry, Mr Tornia Abu Sidiki, the Upper West Regional Chairman of the Poultry Farmers Association has said. He said the industry was not well organised and poultry farmers were operating haphazardly due to the lack of a policy to…
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AfCFTA Secretary-General pledges to empower women as part of vision
The Secretary-General of the Africa Continental Free Trade Area, Wamkele Mene, has said part of his vision for the implementation of the Africa trade agreement is the empowerment of women and other vulnerable groups in Africa. He says there must be a conducive atmosphere for women in trade, young Africans and Small and Medium Enterprises…
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Standard Chartered honoured at Global Business Outlook Awards 2020
Standard Chartered Bank Ghana Limited, has been adjudged the Best Wealth Management Bank in Ghana by the UK-based Global Business Outlook Awards 2020, adding to the growing list of local and international awards won by the Bank this year. Commenting on the awards, Setor Quashigah, Head, Wealth Management, Standard Chartered Bank Ghana Limited, said, “At…
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![Domestic workers in Ghana and COVID-19 [Article]](https://citibusinessnews.com/wp-content/uploads/2020/08/domestic-workers.jpg)
Domestic workers in Ghana and COVID-19 [Article]
Many organizations have laid-off workers with others slashing salaries of their workers due to the adverse effect COVID 19 has had on businesses. Most of these persons we have heard of or know are captured and fall within the formal sector. But there are many others, who provide critical roles usually in private homes and…
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Africa’s trade volumes to rise by $35bn annually due to operationalisation of AfCFTA – Alan Kyerematen
Ghana’s Trade and Industry Minister, Alan Kwadwo Kyerematen has said that the operationalisation of the African Continental Free Trade Area (AfCFTA) is expected to increase the volume of trade within the continent by US$35billion annually or 52 per cent by 2022. He said the initiative would also address the challenges of small fragmented markets in Africa…
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CBG stronger now, could go international – Gideon Boako
The Vice President’s Spokesperson, Gideon Boako, says he has high hopes for Consolidated Bank Ghana Limited and expects it to go international. CBG was birthed from the merger for five struggling banks during the banking crisis. Dr. Boako reiterated the government’s defence of the handling of the banking sector and the need to create CBG…