Author: Michael Ogbodu
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Beijing Everyway drags Ghana to arbitration over Accra intelligent traffic management contract
Management of the Beijing Everyway Traffic and Lighting Technology Company Limited is seeking $55 million dollars in damages from the Ghana government at the London court of international arbitration. This follows the cancellation of the Accra intelligent traffic management project which was earlier awarded to the company. The company was contracted in 2018 to implement…
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SSNIT to integrate Ghana Card unto system
As part of efforts towards streamlining and improving its services, the Social Security and National Insurance Trust is set to accept Ghana Card from its new pension’s scheme applicants. According to management of the entity, already existing SSNIT customers can also have their Ghana Cards integrated into the system. The Director-General of SSNIT, Dr John…
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We’ve saved over GHS500 million through improved internal controls – SSNIT
The Social Security and National Insurance Trust, SSNIT, has announced that it has since 2017 made a total savings of GHS512 million. According to SNNIT, the amount was realized from strengthening a number of internal controls among others. Speaking to Citi Business News on the sidelines of a Presentation of a Toyota Hilux pickup to…
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Fuel prices may go up by 16 pesewas soon – COPEC
As global crude oil prices continue to increase the Chamber of Petroleum Consumers, COPEC, is hinting of an up to 16 pesewas hike in fuel prices at the pumps in the coming days. In an interview with Citi Business News, Executive Secretary of COPEC, Duncan Amoah called on authorities to put measures in place to…
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Ghana Tourism Authority to commence enforcement of COVID-19 restrictions
The Ghana Tourism Authority says it will commence enforcement of the new COVID-19 directive for the hospitality sector. President Akufo-Addo in his 23rd COVID-19 update to the nation announced a number of restrictions. Pubs, beaches, cinemas and night clubs are to remain closed while restaurants are encouraged to as much as possible provide take-away services…
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International tourist visits to Ghana decreased by almost 70% in 2020 – GTA
The Ghana Tourism Authority has revealed that the international tourist numbers that came into the country in 2020 decreased by almost 70% percent. The decrease has been attributed to the COVID-19 pandemic. Speaking to Citi Business News, Acting Director of Public Affairs at the Ghana Tourism Authority, Nelson Jones explained that the COVID-19 pandemic has…
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Re-introduce 100 persons limit on social gatherings – Event vendors to government
The Event Vendors Association of Ghana is calling on the government to reconsider the recent ban on events and social gatherings. According to the Association, the outright and indefinite ban has brought the ailing businesses of its members to a standstill. Speaking to Citi Business News, Public Relations Officer of the Event Vendors Association of…
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Encourage private sector participation in renewable energy – Energy Consultant to government
Energy Consultant, Dr. Yussif Sulemana is calling on the government to create an enabling environment for the private sector to enter the renewable energy industry. Government has over the years been unable to attain its renewable energy target, revising it from 2020 to 2030 due to the failure to implement policies towards achieving the goal.…
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COVID-19: Businesses urged to invest in rapid antigen test kits for their staff
The Bureau of Public Safety has admonished businesses in the country to procure COVID-19 Rapid Antigen test kits for their workers. According to the Bureau, this would provide real-time information on the statuses of staff and help stop the spread of the virus in work environments. Speaking to Citi Business News, Executive Director of the…
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COVID-19: Tourism Chamber welcomes reduction of PCR test fee for ECOWAS members
The Chamber for Tourism Industry Ghana has lauded President Akufo-Addo’s recent announcement of a reduction in the cost of COVID-19 testing for all nationals of ECOWAS to $50. In an interview with Citi Business News, Chief Executive Officer of the chamber, Prince Ntiamoah-Boampong stressed that a further reduction for all is imperative to revive the…