Author: Nerteley Nettey
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Fuel prices may rise marginally in first pricing window of June – IES
Consumers of petroleum products might be paying slightly higher prices for the fuel they purchase at the country’s various pumps as we enter the month of June. According to an analysis by the Institute of Energy Security (IES), the increase can be attributed to the 3.50% rise in price of Brent crude, together with the…
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2021 Citi Business Festival takes off today
The 2021 edition of the Citi Business Festival starts today, Tuesday June 1, 2021, with an array of radio and TV programmes. The month-long festival of business events and on-air activities provides inspiration, business ideas and information for persons who are starting, building or growing their businesses. This year’s Citi Business Festival will feature virtual…
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Stakeholders call for intensified efforts in adding value to Ghana’s cocoa exports
The CEO of the Ghana Investment Promotion Centre (GIPC), Yofi Grant, says the absence of “cocoa billionaires” in Ghana is a sign that the country has not efficiently “monetized and domesticated” the crop that regularly brings about two billion dollars of foreign exchange into the country. According to him, despite having produced cocoa over the…
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Intensify tax compliance efforts to increase revenue – Prof. Bokpin
An economist and Professor with the University of Ghana Business School, Professor Godfred Bokpin is urging government to intensify its tax compliance efforts in its quest to increase revenue mobilization in the country. According to him, this will enable government generate more revenue and enable it raise funds for key infrastructure projects thereby leading to…
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Ghana’s financial market to receive boost after launch of Capital Market Master Plan – Ofori-Atta
The Minister of Finance, Ken Ofori-Atta, says confidence in Ghana’s financial markets should rise, with the introduction of a 10-year strategic Capital Market Master Plan by the Securities and Exchange Commission (SEC). The Capital Market Master Plan (CMMP) is aimed at diversifying the capital market as well as boosting economic growth. The plan hinges on…
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MSMEs to enjoy low interest rates with creation of Development Bank Ghana – Ofori-Atta
Finance Minister, Ken Ofori-Atta has assured that the establishment of the Development Bank Ghana (DBG) will see a reduction in interest rates for Ghanaian businesses. This comes barely a day after the Ministry of Finance and the European Investment Bank signed an agreement for the provision of a €170 million facility for the establishment of…
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2021 Citi Business Festival scheduled to commence in June
The 2021 edition of the Citi Business Festival is set to kick off in June. The Citi Business Festival is a month-long initiative marked with on-air and outdoor events held annually in the month of June to equip the Ghanaian business community with strategies needed to grow and scale up their ventures. Due to the…
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SIM registration: NIA announces measures to register Ghanaians without Ghana card
The Chief Executive Officer of the National Identification Authority (NIA), Professor Kenneth Attafuah has stated that plans are far advanced to ensure every Ghanaian re-registers their SIM cards. His comments follow agitations from sections of the public over the use of the National Identification cards for the SIM –Card re-registration exercise. According to him, the…
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Re-register your SIMs with Ghana Card or risk losing your phone numbers – Bawumia
Vice President, Dr. Mahamudu Bawumia says plans are underway to ensure that all Ghanaians with SIM cards re-register them using the National Identification card by the middle of this year. According to him, the move is part of plans to rid the country’s cyberspace of fraud, monitor and track down persons who use their phones…
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Collaborative support needed to reset Ghana’s post COVID-19 economy – First Deputy Governor
The First Deputy Governor of the Bank of Ghana, Dr. Maxwell Opoku-Afari has stated that resetting Ghana’s economy back to resilience would be a gradual process over the next two or three years. According to him, this would require the collective and collaborative support, of both the private and public sectors. Outlining some short-term strategies…