Author: Michael Ogbodu
-
Ghana Rice sees huge demand as COVID-19 reduces imports
COVID-19 has undoubtedly had a negative impact on various economic activities globally. Nonetheless, there have been many positive gains for others who are particularly creating solutions to problems brought on by the pandemic. Developing countries in particular are beginning to look more inward for solutions than being dependent on other countries. Ghana for instance spends…
-
Solar Taxi introduces electric cars in Ghana
A green energy company, SolarTaxi Limited, is calling for better commitment towards the use of renewable energy in Ghana. Speaking at a press briefing to introduce its new electric vehicles onto the Ghanaian market, the Growth Associate of the company, Eugene Amponsah, said electric vehicles, as an innovative transportation alternative, have the potential to mitigate…
-
Don’t expect rapid economic growth after resumption of international travel – Economist
Ghanaians have been advised to be measured in their expectation of the economic impact of the reopening of the country’s air borders. This advice was given by economist and lecturer at the University of Ghana, Dr. Adu Owusu Sarkodie. President Nana Addo Dankwa Akufo-Addo has announced the reopening of the Kotoka International Airport for international…
-
COVID-19 safety measures enhanced at Terminal 3 ahead of airport reopening – Kofi Adda
The Minister of Aviation, Joseph Kofi Adda says COVID-19 safety protocols have been enhanced at Terminal 3 of the Kotoka International Airport. He made these comments during an inspection of the terminal on Thursday, August 27, 2020, as part of preparations towards a likely reopening of the country’s airports to international flights on September 1.…
-
Don’t relax COVID-19 protocols after opening air borders – Tourism Chamber to government
The Chamber for Tourism Industry Ghana has welcomed the possible reopening of the country’s air borders in September 2020. President Nana Akufo-Addo in his recent address to the nation hinted of a likely re-opening of the country’s airport to international travel next month. But, Speaking to Citi Business News, Chief Operating Officer of the Chamber,…
-
Demand 10-litre can if you feel shortchanged at the pump – COPEC to consumers
The Chamber of Petroleum Consumers (COPEC), has asked customers who doubt the quantity of fuel sold to them at the pump to request for the fuel to be put in a ten litre can. The container can be used to test whether you’re being given fuel equal to your money’s worth. Speaking to Citi Business…
-
![Ghanaians divided over Mahama’s promise to legalize okada operations [Video]](https://citibusinessnews.com/wp-content/uploads/2020/08/okada.jpg)
Ghanaians divided over Mahama’s promise to legalize okada operations [Video]
Ghanaians are divided over the promise by former President John Dramani Mahama to legalize the use of motorcycles for commercial purposes known as “okada” in Ghana should he be elected as President on December 7, 2020. Okada operations are against Section 128 (1) of the Road Traffic Regulations, 2012 (Legislative Instrument 2180). The section states…
-
Save TOR from collapsing – COPEC urges government
The Chamber of Petroleum Consumers (COPEC) is calling on government to invest in the Tema Oil Refinery (TOR) to prevent it from collapsing. According to COPEC, per its investigations the situation at the refinery is dire and maintaining its day to day operations is a challenge. Speaking to Citi Business News, Executive Secretary of COPEC,…
-
GHS33.44 million lost in banking sector fraud – BoG report
Customers in the banking sector have expressed concerns with the recent findings of the Bank of Ghana on fraud in the sector. Josephine Nee-Whang is an IT support Analyst and has been a victim of banking fraud. She recounted her ordeal of losing her hard-earned cash. “I was home in the morning and I had…
-
Yieleh Chireh retires as Board Chair of FBNbank Ghana
Chairman of the Board of Directors of FBNBank Ghana, Mr Joseph Yieleh Chireh has retired. This was captured in a statement issued by the bank. Yieleh Chireh, a pharmacist, legal practitioner and the Member of Parliament for Wa West, served for two terms as chairman of the bank from 2014 to 2020. The company in…