Author: Nerteley Nettey
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TAGG congratulates President Akufo-Addo on his re-election
The Traders Advocacy Group Ghana, TAGG, has congratulated President Akufo-Addo on his reelection. In a statement signed by the President of the Association, Kwadwo Amoateng, it celebrated the various qualities of the President, further commending his disposition on the outcome of the elections. “Traders Advocacy Group Ghana congratulates the President of Ghana, H.E. Nana Addo…
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Inflation for December 2020 rises to 10.4%; still within revised target
Latest data released by the Ghana Statistical Service, GSS, indicates that the Consumer Price Index (CPI) for December 2020 has increased to 10.4 percent. The December inflation figure is 0.6 percentage points higher than the 9.8% percent recorded in November 2020. The Consumer Price Inflation (CPI) measures the change over time in the general price…
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GIPC begins probe into activities of Chy Century Heng Yue Group
The Ghana Investment Promotion Centre, GIPC, has begun investigations into activities of Chinese companies, Chy Century Heng Yue Group Limited and Sairui E-commerce Ghana Limited. This follows claims by Chy Century Heng Yue Group Limited and Sairui E-commerce Ghana Limited that they have registered with the Ghana Investment Promotion Center, hence their activities are legal.…
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Reconsider decision to freeze issuance of licenses for new IPPs – IES to government
The Institute of Energy Security (IES), is calling on government to reconsider its decision to put a freeze on discussions and issuance of licenses to new Independent Power Producers (IPPs), including renewables that are cheaper and more environmentally friendly. According to the IES, a revision of the decision is necessary because it has stalled many…
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Don’t exclude security agencies from unification of pension benefits – TUC to government
The Trades Union Congress (TUC) has called on government to reconsider its decision to exclude security service agencies in the country from the unification of pensions. This comes after President Akufo-Addo, in his State of the Nation Address to end his first term in office, announced government’s decision to exclude all security agencies from the…
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GRA to issue certificates of origin for exporting firms under AfCFTA
The Ghana Revenue Authority is set to ramp up the issuance of certificates of origin to exporting firms in the country. This comes after government designated the Customs Division of the Ghana Revenue Authority (GRA) as the Competent Authority for the issuance of Rules of Origin Certificate under the African Continental Free Trade Area (AfCFTA).…
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All AfCFTA functions transferred from Ethiopia to Ghana
Secretary-General of AfCFTA, Mr. Wamkele Mene has revealed that the African Union has transferred all functions related to the African Continental Free Trade Area (AfCFTA) Agreement from Addis Ababa, Ethiopia to Accra, Ghana. According to him, the decision which was taken at the 13th Extraordinary Session of the Heads of State and Governments, positions Ghana…
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Gov’t remains committed to make Ghana commercial centre for trade – Akufo-Addo
Following the start of trading under the African Continental Free Trade Area (AfCFTA) on January 1, 2021, President Akufo-Addo has reiterated government’s commitment to ensure that adequate financial and human resources are mobilized to make Ghana the new commercial centre for trade, finance and investment on the continent. AfCFTA is an agreement among 54 African…
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Empower businesses for AfCFTA and post-COVID recovery – AGI to government
The Association of Ghana Industries (AGI) has hailed the government’s support for the private sector over the years, although it believes more should be done to improve the business environment. In a new year message to its members, Greater Accra Regional Chairman of AGI, Tsonam Cleanse Akpeloo, indicated that the Association has over the years,…
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![Pitchers optimistic about a bullish Ghana Stock Market in 2021[ARTICLE]](https://citibusinessnews.com/wp-content/uploads/2020/10/performance-of-stocks-_ghana-stock-exchange.png)
Pitchers optimistic about a bullish Ghana Stock Market in 2021[ARTICLE]
The just ended Young Investors Stock Pitch Competition brought together young people, who have interest in finance and investment from across Ghana, to conduct an analysis on selected companies listed on the Ghana Stock Exchange; and further recommend whether investors should either buy shares in the company, sell their holdings or hold on to their…