Author: Nerteley Nettey
-
Gov’t must be tactical in seeking for debt relief from China – Peter Quartey
Economist, Prof. Peter Quartey, has urged government to be tactical in seeking for debt relief from China to ease the pressure on Ghana due to the fight against COVID-19. According to him, singling out China could send a wrong signal especially as the virus emanated from the Asian country. In a recent interview with a…
-
Pay us our monies; lockdown is killing us – Customers of defunct fund managers to Gov’t
The Coalition of Aggrieved Fund Management Customers is calling on government to release funds to pay depositors of the 53 collapsed fund management companies with immediate effect. According to them, the recent lock-down in Accra, Tema and Kumasi, in the wake of the novel Coronavirus in the country, has worsened the living conditions of pensioners…
-
IMF approves US$1 billion disbursement to Ghana for COVID-19 fight
The International Monetary Fund (IMF), has approved a disbursement of US$1 billion to Ghana to help address the urgent fiscal and balance of payments needs that Ghana is facing in the wake of the novel Coronavirus pandemic. The money, which is to be drawn under the Rapid Credit Facility (RCF), is also to help the…
-
IES warns of unstable power supply if gov’t doesn’t fund power providers
Institute of Energy Security, IES, is predicting unstable power supply across the country in the coming days if government does not resource electricity service providers. President Nana Akufo-Addo, on Thursday, 09 April 2020, revealed that the government will fully cover the bills of low-income consumers of electricity for April, May and June 2020. The remaining…
-
‘Postpone demolition exercise’ – Agbogbloshie residents beg AMA
Some residents of Agbogbloshie in Accra are pleading with the Accra Metropolitan Assembly (AMA) to postpone a planned demolition exercise in the area. According to them, they received an evacuation notice from the AMA two days ago to make room for dredging works in the Korle Lagoon which will affect some of their structures. But…
-
![COVID-19: Government begins mass production of PPE locally [Photos]](https://citibusinessnews.com/wp-content/uploads/2020/04/ppes.jpeg)
COVID-19: Government begins mass production of PPE locally [Photos]
Some local companies have commenced the production of Personal Protective Equipment (PPE) in Ghana to help in the fight against the coronavirus pandemic. On Saturday, April 11, 2020, the Minister of Trade and Industry, Alan Kyerematen, paid a working visit to some four Ghanaian garment manufacturing companies in Accra producing the PPE. Earlier this week,…
-
Ashaiman, Mandela markets closed down to curb spread of COVID-19
Two markets within the Ashaiman Municipality of the Greater Accra Region have been closed down. The Ashaiman Central market and the Mandela Markets will remain closed for the next two weeks as a means to curb the spread of the novel coronavirus which has infected 408 persons in the country. The Ashaiman Municipal Assembly (ASHMA),…
-
Police, military enforce social distancing at Okaishie market
A team of military and police officers on Saturday embarked on a decongestion exercise at the Okaishie market in Accra. The exercise was aimed at ensuring compliance to the social distancing directive as one of the measures towards curtailing the spread of COVID-19 in the country. While retail shops were ordered to shut down, vendors…
-
COVID-19 cases in Ghana shoot up to 408, death toll now 8
The confirmed cases of the novel Coronavirus in Ghana have increased to 408 as the death toll also rises to eight. However, the number of recoveries still stand at four. This was confirmed by the Ghana Health Service (GHS). “As of 10 April 2020, 23:00 HRS, a total of 27,346 persons have been tested with…
-
NPA’s introduction of new LPG levy ill-timed and insensitive – LPG Marketers
The Liquefied Petroleum Gas Marketing Companies Association of Ghana says the recent introduction of the 13.5 pesewas Cylinder Recirculation Margin (CRM) is unfortunate. It says the levy is not only going to burden the tax payer, but is also insensitive to the plight of Ghanaians as the country grapples with the social and economic impact…