Author: Michael Ogbodu
-
Stakeholders in real estate sector confident of a boost in 2021
Stakeholders in the Real Estate industry are confident of growth in their business this year. Online real estate company Meqasa says it is already beginning to see some signs of improvement. Speaking to Citi Business News, CEO of Meqasa, Kelvin Nyame said his outfit is hopeful that the progress recorded so far in 2021 will…
-
Businesses must abide by regulations to prevent fire outbreaks – Bureau of Public Safety
The Bureau of Public Safety is admonishing businesses across the country to fully comply with the Fire Precautions (Premises) Regulations L.I. 1724. According to the bureau, following the regulations will help prevent the frequent occurrence of fire outbreaks especially at business centres in Ghana. Executive Director of the Bureau, Nana Yaw Akwada believes these loses…
-
AfCFTA and Dangote’s refinery will make fuel cheaper – Energy Consultant
Energy analyst and lead technical consultant to the Chamber of Petroleum Consumers (COPEC), Dr Yussif Sulemana says the African Continental Free Trade Area Agreement (AfCFTA) coupled with the establishment of a state-of-the-art refinery by Nigerian businessman Aliko Dangote stand the potential to significantly reducing the cost to refined crude products on the continent. He stated…
-
AfCFTA: GUTA calls for access to cheaper credit to be competitive
The Ghana Union of Traders Association (GUTA) says it will require access to cheaper credit to be able to take full advantage of the African Continental Free Trade Area (AfCFTA) agreement. According to the Ghana Union of Traders Association, the commencement of the AfCFTA means it would now have to compete with businesses from other…
-
Chamber of Construction Industry threatens to sue government over unpaid debts
The Ghana Chamber of Construction Industry is threatening to sue the government over monies owed its members for contracts executed. According to the chamber, the current situation is taking a toll on the businesses of its members adding that the delay in payment causes them to incur more debts on the loans they acquired in…
-
Extension of tariff reliefs won’t worsen debt stock – Adu Sarkodie
Economist Dr Adu Sarkodie says the impact of the reliefs on utilities will not significantly increase the country’s debt. The government extended the provision of free utilities for lifeline consumers to cushion the public from the impact of the COVID-19 pandemic. Dr Sarkodie insists that the impact of the pandemic still lingers and any help…
-
Hotels make some gains during festive season
The Ghana Hotels Association says the Yuletide brought some respite to its members after enduring the adverse impact of the COVID-19 pandemic on their businesses. The hospital sector has been one of the worse hit following the outbreak with many losing millions of dollars in the process. Many industry players closed down while others downsized…
-
Give us tax reliefs to be competitive as AFCFTA commences – AGI
The Association of Ghana Industries is calling on the government to introduce a tax regime that would make local producers competitive especially with the commencement of the Africa continental free trade Area agreement (AFCFTA). Speaking to Citi Business News, Johnson Opoku-Boateng, Director of Business Development Service at AGI, says that the introduction of tax reliefs…
-
GUTA to commence cross-border trading with Nigeria
The Ghana Union of Traders Association (GUTA) says its members will commence brisk business with Nigeria with the reopening of the country’s land borders. Speaking to Citi Business News, President of the Association, Dr Joseph Obeng, says the opening of the borders is timely for the business of its members. He stated that “It is…
-
Ghana can benefit from AfCFTA with hemp production – Business consultant
Business Consultant, Nataki Kambon, says Ghana stands to benefit immensely from the Africa Continental Free Trade Area Agreement (AfCFTA) if it can take advantage of the production of Indian hemp in the country. Parliament earlier this year passed a bill which allows for the cultivation of cannabis solely for industrial and medicinal use. Nataki believes…