Author: Michael Ogbodu
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Gov’t must reduce $150 fee for COVID-19 test – Tourism Chamber
The Chamber for Tourism Industry Ghana has appealed to government to drastically reduce the $150 fee for COVID-19 test at the country’s Airport if it is indeed committed to reviving the tourism sector which has been badly hit by the COVID-19 pandemic. The Chamber has been opposed to the charge describing it as a disincentive…
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Passage of Real Estate Authority Bill will sanitize the sector- Meqasa CEO
Stakeholders in the housing industry have welcomed the passage of the Real Estate Authority Bill, 2020. Parliament earlier last week passed the bill which will become law pending the assent of the President. Kelvin Nyame, is the CEO of Meqasa, an online real estate platform, believes the introduction of the bill will help sanitize the…
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Address fuel smuggling in budget presentation – COPEC to Gov’t
As the Minister of Finance prepares to read the budget today, October 28, 2020, the Chamber of Petroleum Consumers (COPEC), says it expects to hear government’s plans to end fuel smuggling in Ghana. Although government has made some efforts to address the challenge, the chamber says the problem persists, causing the country to lose revenue.…
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#EndSARS protest will hit Ghana’s economy if it escalates – Economist
An Economist, Dr. Lord Mensah, says Ghana ought to be concerned about the #EndSARS protest ongoing in Nigeria as he believes its ripple effect can have negative consequences on the Ghanaian economy. Dr. Lord Mensah insists that if the protest escalates, Ghana should expect to see an influx of Nigerians as it is a major…
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Parliament approves Petroleum Hub Development Corporation Bill, 2020
Parliament has passed the Petroleum Hub Development Corporation Bill, 2020. The Bill, once assented to by the President, will establish the Petroleum Hub Development Corporation to promote and develop a petroleum and petrochemicals hub in Ghana’s Western Region. The project will involve the development of infrastructure such as refineries, port terminal facilities, storage facilities, as…
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Former PDS contractors owed over 1.6m cry out to Gov’t for payment
Some contractors who were engaged by the former managers of defunct Power Distribution Services (PDS), are calling on government to facilitate payment for jobs they have executed since 2019. Spokesperson for the group, Alhassan Abubakari, who Spoke to Citi Business News said all efforts including petitioning the presidency over their concerns has yielded no results.…
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Chartered Accountants, Ghana Bill, 2020 goes through 2nd reading in Parliament
Parliament has begun processes for the passage of the Chartered Accountants, Ghana Bill, 2020. Speaking on the floor of Parliament, a Deputy Minister of Education, Gifty Twum Ampofo, said the passage of the bill is critical considering the growing impact of technology on professions like accountancy. “The increase use of Technology which keeps evolving, improved…
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Tourism Chamber lauds KIA’s ACI Airport Health Accreditation Certificate
The Chamber for Tourism Industry Ghana, has commended the Ghana Airports Company and the Ghana Civil Aviation Authority following Kotoka International Airport’s receipt of the Airports Council International’s Airport Health Accreditation Certificate. Speaking to Citi Business News, Chief Operations Officer for the Chamber, Angela Akua Asante, said the Chamber believes this would boost the confidences…
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Ghana targets over $1.5bn in export tax from Petroleum Hub Development Corporation
Parliament has begun processes for the passage of the Petroleum Hub Development Corporation Bill, 2020. The Bill seeks to establish the Petroleum Hub Development Corporation to promote and develop a petroleum and petrochemicals hub in Ghana’s Western Region. Chairman of the Mines and Energy Committee of Parliament, Emmanuel Akwasi Gyamfi, who spoke on the floor…
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Farmers applaud decision to cede Cocobod’s control to Agric Ministry
The Concerned Farmers Association of Ghana has welcomed government’s decision to allow the Ministry of Food and Agriculture to have oversight responsibility over the activities of COCOBOD. Speaking to Citi Business News, President of the Concerned Farmers Association, Nana Oboadie Obampour Boateng Bonsu the II, said the move is in the right direction. “Even during…