Author: Nerteley Nettey
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Largest aircraft manufacturer Airbus, cuts 15,000 jobs as COVID hits aviation hard
Airbus is to cut 15,000 jobs as it faces “the gravest crisis this sector has ever experienced”. The world’s largest manufacturer of aircraft is just one of a many companies to announce drastic cuts as the airline industry attempts to survive amid the coronavirus crisis, which brought much of the world’s air travel to a…
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Tuobodom: Tomato farmers make gains as border closure curtails importation from Burkina Faso
It appears that inasmuch as the COVID-19 pandemic has disrupted many economic activities and led to job losses, other sectors of the economy are making gains. Ghana for instance imports a chunk of its fresh tomatoes from neighboring Burkina Faso, but the closure of borders coupled with low production, has shifted the focus to local…
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Netflix hires Bozoma Saint John as 1st black C-Suite executive Marketing Chief
Netflix Inc. has named Bozoma Saint John as its new chief marketing officer, making her the first Black woman to join the online TV giant’s group of top executives. Saint John joins Netflix from entertainment and sports company Endeavor, and has previously worked at Apple Inc. and Uber Technologies Inc. She will report to Ted…
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#CitiBusinessFestival: Ghanaian scientists must be supported to offer solutions – Food Safety Expert
Ghanaian Food Safety Expert and Senior Research Scientist at the Biotechnology and Nuclear Agriculture Research Institute (BNARI) – Ghana Atomic Energy Commission (GAEC), Dr. Mavis Owureku-Asare, says Ghanaian scientists must be encouraged to recommend solutions that best fit the country’s problems. According to her, the time is ripe for Ghanaians to look “inward” for solutions…
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![Harmonizing West Africa’s increased electricity generation with climate objectives [Article]](https://citibusinessnews.com/wp-content/uploads/2020/06/NANA-AMOASI.jpeg)
Harmonizing West Africa’s increased electricity generation with climate objectives [Article]
The United Nation’s Department of Economic and Social Affairs estimate that there will be 1.3 billion more Africans by 2050. From 2017 to 2050, it is expected that half of the world’s population growth will be concentrated in just nine countries: India, Nigeria, Democratic Republic of the Congo, Pakistan, Ethiopia, the United Republic of Tanzania,…
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COPEC calls for stimulus support for public transport operators
The Executive Secretary of the Chamber of Petroleum Consumers, COPEC, Duncan Amoah, says government should consider providing a stimulus package for public transport operators if it seeks to prevent increases in transport fares. Drivers, who ply the Tarkwa-Takoradi route in the Western Region, increased their fares by about thirty percent on Monday June 29, 2020,…
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Rice shortage imminent; support farmers to boost production – PFAG warns
The Peasant Farmers Association of Ghana, PFAG, has warned that the country could suffer rice shortage this year following the negative impact of COVID-19. Ghana imports about US$1 billion worth of rice annually to meet a monthly rice demand of 940,000 tonnes. But according to the Association, the COVID-19 restrictions in countries that Ghana imports…
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Abossey Okai Spare Parts Dealers push for more dialogue on Customs Amendment Bill
The Abossey Okai Spare Parts Dealers Association has dissociated itself from any impending demonstration against the implementation of the Customs (Amendment) Law, 2020. The law bans the importation of used cars older than 10 years, and salvage vehicles also known as accident cars. Some vehicle importers who anticipate job losses have threatened to demonstrate against…
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COVID-19: Free water for Ghanaians ends on June 30th
Government’s free water for Ghanaians for a period of three months ends on Tuesday, June 30th, 2020. Following the COVID-19 containment measures such as the partial lockdown, border closures, and social distancing that were announced by government in the wake of the novel Coronavirus outbreak in the country, government absorbed the bills of low-income consumers…
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Akufo-Addo directs Auditor-General; Domelovo to proceed on accumulated leave
The President, Nana Akufo-Addo, has directed the Auditor-General, Daniel Yaw Domelevo, to proceed on his accumulated annual leave of 132 working days. Mr. Domelevo’s leave takes effect from Wednesday, July 1, 2020. A statement from the Communications Directorate of the Jubilee House said Mr. Domelevo is to hand over all matters relating to his office…