Author: Nerteley Nettey
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Help us obtain our full severance package – Suspended Schlumberger workers to Energy Ministry
Suspended workers of Schlumberger, an international oil and gas service provider operating in Ghana, are calling on the Ministry of Energy and the Petroleum Commission, to help them in their demand for full severance package instead of the 40% payment given to them. An Executive Member of Schlumberger Workers Union, Sylvester Boadi, tells Citi Business…
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Utilize $9m grant for SMEs in tourism efficiently to attract more support – Osafo Marfo
Senior Minister, Yaw Osafo Marfo, has asked stakeholders tasked with the management and disbursement of the newly launched World Bank sponsored $9 million dollar Grant Scheme for Small and medium scale enterprises in the tourism sector, to be prudent as that will attract more support for the sector. The tourism sector, which made gains in…
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Pre-order the new Huawei Nova 7i in Ghana now and enjoy free amazing gifts
Currently, we all depend on our smartphones for almost everything. Taking a quick picture, vlogging about latest ideas, getting some work done while commuting to the office or even having a kicked back session of smartphone gaming. However, to pull off all of these activities without any hiccups, a smartphone that can do all these…
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#CitiBusinessFestival: Africa must reduce over-reliance on imports post-Covid- Yofi Grant
As the world gradually recovers from the economic impact of the novel Coronavirus outbreak, African countries are being urged to make the most of the opportunities presented by the pandemic to diversify and industrialize, and reduce over-reliance on imports. According to the Chief Executive Officer of the Ghana Investment Promotion Centre, GIPC, Yofi Grant, a…
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Receiver to publish names of debtors to collapsed Microfinance Companies
Mr. Eric Nana Nipah, the Receiver of the collapsed 347 defunct Microfinance Companies and 23 Savings and Loans and Finance House Companies, is urging individuals, groups and institutions who took loan facilities from the microfinance firms to repay the loans immediately. According to him, he will soon publish the first list of recalcitrant defaulters and…
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![G-Money gives Telcos a run for their money [Article]](https://citibusinessnews.com/wp-content/uploads/2020/06/MD-of-GCB-Bank-scaled.jpg)
G-Money gives Telcos a run for their money [Article]
According to the World Bank, Ghana is the fastest-growing mobile-money market in Africa with close to 12 million customers at the end of 2019. Currently, the mobile money subsidiary of MTN is the dominant player with about 90% of mobile money transactions, followed by the subsidiaries of AirtelTigo and Vodafone. Having being in the industry…
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Tree Crop Dev’t Authority will kick start this year –Agric Minister
The Minister for Food and Agriculture, Dr. Owusu Afriyie Akoto, says government will soon inaugurate the Tree Crop Development Authority to boost export of crops such as cashew and cocoa. The Tree Crop Authority, which is part of government’s Planting for Food and Jobs programme, has been passed by Parliament and assented to by the…
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#CitiBusinessFestival: African countries urged to industrialize to make AfCFTA successful
Regional Corporate Director for Africa at Absa Bank, Ellen Ohene-Afoakwa, has urged policymakers and the business community across the continent to implement policies that can boost industrialization if the African Continental Free Trade Area (AfCFTA) is to be successful. According to her, African countries must prioritize, develop, and implement smarter local strategies to seize the…
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#CitiBusinessFestival: Final virtual forum to focus on trade today
The last of the four virtual business fora for this year’s Citi Business Festival is scheduled to come off today, Tuesday, June 23, 2020 on Citi TV. Under the theme ‘Will export/import trade ever be the same again?’, the virtual business forum will discuss key areas of trade to suggest solutions to keep the sector…
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#CitiBusinessFestival: Ofosu-Dorte urges African businesses to adopt ‘AfCFTA strategy’ post COVID-19
A Senior Partner at AB & David, and a member of the Afrochampions Initiative, David Ofosu-Dorte, has urged businesses across the African continent to adopt an African Continental Free Trade Agreement (AfCFTA) strategy post COVID-19. According to him, the way businesses prepare for AfCFTA, would determine how much they would benefit from the initiative and…