Author: Pius Amihere Eduku
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Ecobank Ghana partners Melcom to provide convenient services through agency banking
Ecobank Ghana has partnered Ghana’s leading retail chain, Melcom, to bring convenient banking services to the many Ghanaians who patronize Melcom shops. This collaboration enables Ecobank provide extended banking services to clients through these outlets, complementing the over 1,500 Ecobank Xpress Points nationwide. This innovation was introduced on June 08, 2020 in 5 out of…
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We need $40 million to renovate KIA runway to improve safety – Kofi Adda
The Minister of Aviation, Joseph Kofi Adda, says the Ministry is seeking about 40 million dollars to revamp the runway at the Kotoka International Airport. According to him, this should improve the facility and enhance safety at the Airport as the runway has not seen any major rehabilitation for the past thirty years. His comment…
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1 village, 1 dam projects on course to meet timelines – Agric Ministry
Minister of State at the Ministry of Agriculture, Dr. Nurah Gyeile says it will be difficult to announce a completion date for the government’s one village one dam policy. He explains that this is due to the different dates the contracts were awarded and some technical issues faced in certain areas. So far, 88 of…
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We’ve not sold Kotoka Int’l Airport; we’re partnering for expansion – Aviation Ministry
The Ministry of Aviation has dismissed reports that it has concluded processes to cede the management of Kotoka International Airport to a foreign company. According to the Ministry, no such plan has been mooted by the government of Ghana. In a statement to clarify the issue, the sector Minister, Joseph Kofi Adda, urged the public…
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Citi FM concludes 2020 edition of Citi Business Festival
Citi FM has concluded the 2020 edition of the Citi Business Festival which offered a wide range of strategies for businesses to stay afloat amidst the Covid-19 pandemic and bounce back stronger after the pandemic. The general view is that, the pandemic will cause a massive shift in the way things are done even after…
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Economist urges BoG to extend COVID-19 measures to help businesses
Economist, Adu Owusu Sakodie, has suggested that the Bank of Ghana extends its interventions introduced three months ago to support businesses in the wake of the coronavirus pandemic. The central bank reduced its policy rate which triggered a drop in interest rate among commercial banks to cushion businesses. In March this year, the Monetary Policy…
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Akufo-Addo appoints Ing. Charles Kraikue as Ag. Director General of GCAA
President Akufo Addo has appointed Ing. Charles Kraikue as the Acting Director General of the Ghana Civil Aviation Authority, GCAA. Mr. Kraikue will replace current Director General, Ing. Simon Allotey, who will be retiring from the Authority on July 31st, 2020. A statement from the GCAA to Citi Business News said that Mr. Allotey will…
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Ing. Simon Allotey to retire from GCAA end of July
The Director General of the Ghana Civil Aviation Authority, Ing. Simon Allotey, will be retiring from his post on July 31, 2020. His retirement brings to an end a successful career in the Aviation industry spanning over 24 years. He will be replaced by Ing. Charles Kraikue, who has been appointed by President Akufo Addo…
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GPRTU to petition Transport Ministry for an increase in fares due to social distancing
The Ghana Private Road Transport Union, GPRTU, says it will petition the Presidency through the Ministry of Transport, for an upward review in transport fares to mitigate the impact of COVID-19 on the operations of members. The appeal follows demands by drivers for fares to be adjusted to cater for the revenue losses due to…
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Any additional borrowing to finance expenditure risky for economy – Adu Sarkodie
An Economist, Dr. Adu Owusu Sarkodie, says the Finance Minister, Ken Ofori-Atta should be able to outline the progress made so far with the allocation of support under the government’s Coronavirus Alleviation Programme when he presents the Mid-year budget review to Parliament later this month. Dr. Sarkodie says limiting budgetary allocation is critical, since an…