Category: Business
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![Local economy receives major boost in Adjen Kotoku [Video]](https://citibusinessnews.com/wp-content/uploads/2021/07/adjen-kotoku-market.png)
Local economy receives major boost in Adjen Kotoku [Video]
Over a week after onion sellers were relocated to Adjen Kotoku from Agbogbloshie, business appears to be picking up at a rather encouraging rate. This is not limited to the traders alone, but also the local economy. Although the traders still have many challenges that need to be addressed as soon as possible, most of…
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COCOBOD to invest in irrigation facilities to increase yield
Ghana’s cocoa sector is set to benefit from irrigation facilities that will help increase yield. This according to the COCOBOD CEO, Joseph Boahen Aidoo, will ensure year-round production and harvest of the cash crop. Even though the country has not paid enough attention to irrigation over the years, the country has still recorded high yields,…
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High cost of building materials will adversely affect rent – Construction Chamber
The Ghana Chamber of Construction Industry is warning that Ghanaians are likely to struggle to rent and acquire houses in the near future, if nothing is done to halt the unusual rise in the price of building materials. This follows calls made by former Deputy Finance Minister, Kwaku Kwarteng to Parliament, for the house to…
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GIZ Ghana organizes forum for MSMEs on accessing finance
GIZ Ghana, through its Reform and Investment Partnership project, the Migration and Employment Promotion component and Financial System Development component under the Programme for Sustainable Economic Development, and the Special Initiative for Training and Job creation (SI Jobs) programme, held a two-day forum dubbed, “Access to Finance”, from 30 June – 1 July in Takoradi,…
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We’re hoping for survival of Ghana’s new Development Bank – AGI
President of the Association of Ghana Industries (AGI), Dr Yaw Adu Gyamfi has expressed confidence in the sustainability of Ghana’s development bank. According to him, the development bank will serve as a panacea for addressing long term financing challenges experienced by local industries. The Government of Ghana in partnership with the European Investment Bank, and…
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Mining sector road rehabilitation project launched to address issues in sector
Roads leading to mining communities in the country will soon see a facelift following the launch of the Mining Sector Road Rehabilitation project. The project, which was started in 2017, is supposed to coordinate the renovation and advancement of road infrastructure in mining enclaves across the country. Speaking at the launch, the Coordinator of the…
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Parliament must probe ‘unusual’ high cost of building materials – Kwaku Kwarteng
A former Deputy Finance Minister, Kwaku Kwarteng has charged Parliament to look into the reasons behind the recent hikes in the prices of building materials such as sand, stones, cement, iron rods and the likes. Some building contractors in the past few months have been lamenting the continuous toll the price hikes on building materials,…
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Enepa ventures introduces SC 719 hybrid maize seeds
Enepa Ventures, a leading household name in Agri-input manufacturing, importation, supplies and distribution in the country has outdoored, the most advanced Maize seeds – SC 719 hybrid into the market for Farmers. In a Press statement, the Group Managing Director of Enepa Ventures, Mr. Ernest Akwasi Appiah, described the hybrid, as a more improved seed…
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Deputy GSE boss endorses establishment of Development Bank Ghana
A leading investment banker and Deputy Managing Director of the Ghana Stock Exchange, Abena Amoah has endorsed the approach being used for the establishment of the Development Bank Ghana. Madam Amoah, speaking as part of a development finance series organised by Citi TV and Citi FM in collaboration with the research and consultancy Centre of…
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Farmers call for improved services from Ghana Commodity Exchange
The existing price gap between the open market and that of Ghana’s Commodity Exchange platform is one of the many challenges hampering the smooth operations of the later’s platform. According to stakeholders like the Peasant Farmers Association of Ghana, such teething challenges must be addressed before the scaling up of the platform. The farmers believe…