Author: Michael Ogbodu
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Transportation in the capital: Businesses opt for tricycles due to lower cost
You may have noticed a tricycle in your neighbourhood either carrying foodstuffs, bags of sachet water or refuse. They clearly have become the new normal for carting moderate quantities of goods, although this wasn’t the case some years ago. They have become very instrumental in the logistics of some businesses lately, especially in the capital…
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Savannah Charcoal Ban: Government must highlight alternative sources of livelihood – Environmentalist
With the introduction of a ban on logging and commercial production of charcoal in the Savannah Region, Environmental Analyst, Desmond Appiah, says efforts must be made to highlight the available alternative sources of livelihood for persons involved in the value chain. “With everything we do that has a negative impact, somebody will make an argument…
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Public Safety Bureau wants transportation of petroleum products in Ghana regulated
The Bureau of Public Safety is calling on the various state regulatory agencies to reassess the transportation of petroleum products in the country, following the recent tanker explosion which resulted in the deaths of three people. In an interview with Citi Business News, the Executive Director of the Bureau of Public Safety, Nana Yaw Akwada,…
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AOMCs call on government to address revenue leakages in petroleum sector
The Association of Oil Marketing Companies is calling on the government agencies to do all they can to address all inadequacies in the petroleum sector which cause the country to lose revenue. According to the association, many of its members who are tax compliant are forced out of business by their non-compliant counterparts offering outrageous…
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Construction Chamber welcomes government’s move to establish Development Bank Ghana
The Ghana Chamber of Construction Industry has welcomed moves by the government to establish the Development Bank Ghana. In an interview with Citi Business News, the Chief Executive Officer of the Chamber of Construction Industry, Emmanuel Cherry, stated that the bank will be key to the development of the construction industry. “This has been one…
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Ghana risks brain drain if TOR remains nonoperational – Energy Consultant
Energy Consultant, Dr. Yussif Sulemana, has raised concerns about the continuous redundancy of the Tema Oil Refinery (TOR), suggesting that it may lead to human capital challenges soon. According to him, the current situation at TOR has compelled many skilled workers from the refinery to leave the country in search of greener pastures. “In fact,…
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We don’t foresee further rise in fuel prices soon – AOMCs
Board Chairman of the Association of Oil Marketing Companies, Henry Akwaboah has said that members of his association are unlikely to increase fuel prices as being anticipated. “Even though prices on the world oil markets have gone up slightly, I do not foresee oil marketing companies increasing their prices during this window. At least I…
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Fuel prices likely to go up by 8 pesewas today – COPEC
The Chamber of Petroleum Consumers (COPEC) has indicated that fuel prices are likely to go up by 8 pesewas from today, May 17, 2021. Executive Secretary of COPEC, Duncan Amoah, stated that this was due to a hike in prices of the product on the global market. “Geopolitical events over the past few days have…
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Ride-hailing app drivers threaten to embark on sit down strike today
Users of ride-hailing apps may experience some challenges commuting as the Ghana Online Drivers Union commences its two-day nationwide sit-down strike from today, May 11, 2021. The drivers are using the protest to put pressure on managers of the app to increase fares charged patrons of the platform. They have justified their action attributing it…
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GRA must clamp down on tax evaders in oil sector – AOMCs
The Association of Oil Marketing Companies is urging the Ghana Revenue Authority to ensure that the new taxes introduced in the country are charged on every litre of fuel sold on the market. The association also wants the GRA to put in place measures to stop tax evasion to ensure that government realises the purpose…