Category: Business
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Clement Akapame, Lom Ahlijah launch book titled ‘Commercial Law In Ghana – Sourcebook’
A book providing Ghanaian literature on Commercial Law has been launched at the Ghana Institute of Management and Public Administration (GIMPA). The book “Commercial Law In Ghana – Sourcebook,” was written by private legal practitioners Clement Akapame and Lom Nuku Ahlijah and launched on Thursday 3rd February 2022. The 424-page hardcover book, written as a…
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AZA Finance assures of increased collaborations with Fintech companies to ensure growth under AfCFTA
AZA Finance has assured of increased collaborations and support for companies within Ghana’s financial and fintech ecosystem to grow and take full advantage of the Africa Continental Free Trade Agreement (AfCFTA). This comes on the back of the recently launched Pan-African Payments and Settlement System – a revolutionary Financial Market Infrastructure to enable instant, cross-border…
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Private management of national airline critical for its success – Daniel Mckorley
Executive Chairman of embattled McDan Aviation, Daniel Mckorley is calling for private management of the proposed national airline if it is to succeed this time around. President Nana Akufo-Addo in his 2021 State of The Nation address, stated that Cabinet had granted policy approval for the establishment of a National Flag Carrier or Home Based…
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![Government urged not to interfere in DBG’s operations [ARTICLE]](https://citibusinessnews.com/wp-content/uploads/2022/01/Kwamina-Bentsi-Enchill-Duker-.jpg)
Government urged not to interfere in DBG’s operations [ARTICLE]
A new report by policy think tank International Perspective for Policy and Governance (IPPG) has urged the Akufo-Addo led government not to interfere in the credit decisions and operations of the newly established Development Bank of Ghana (DBG). According to IPPG, the NPP government must create and preserve DBG’s dignity as an apolitical institution to…
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Banks likely to give more loans if Ghana card policy takes effect – Bankers Assoc.
The Ghana Association of Bankers, says it is confident banks will be willing to give out more loans after the Ghana Card becomes the only card accepted for all financial transactions. The Bank of Ghana has directed all licensed and regulated financial institutions under the central bank, to accept only the Ghana Card for transactions…
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PMMC appeals for gov’t support to settle its GH¢65 million debt
The Precious Minerals Marketing Company (PMMC) Limited, is calling for government support to settle a legacy debt of over GH¢65 million. The company owes some four banks, and the debt has accrued over a ten-year period. The revelation comes after the 2020 Auditor General’s report, revealed that losses posted by state enterprises and specified entities…
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AfCFTA members conclude negotiations on rules of origin to enhance free trade
Member states of the African Continental Free Trade Area (AfCFTA) have concluded their negotiations on the rules of origin, a move expected to further reduce tariffs on original goods produced within the African continent. This was disclosed by the Chairperson of the African Union Ministers of Trade, Ebrahim Patel. Although trading under the African Continental…
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Shippers’ Authority eyes boost in transit trade as it shelters truck drivers
Transit truck congestion at the Elubo border and the haphazard parking of cargo trucks in the Jomoro Municipal Assembly has become a thing of the past with the construction of the Elubo Freight Park. The project which was initiated and funded by the Ghana Shippers’ Authority (GSA) with support from the Jomoro Municipal Assembly was…
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Fuel prices to go up as Price Stabilisation and Recovery levy is restored
Fuel prices at the pumps are expected to go up effective today, February 1, 2022, as the temporary removal of the Price Stabilisation and Recovery Levy (PSRL) by the National Petroleum Authority (NPA) comes to an end. Head of Pricing at the NPA, Abass Ibrahim Tasunti, spoke on the development. “As we speak the levies…
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Rate of increase in value of MoMo transactions dipped in 2021
The value of mobile money transactions in Ghana witnessed a significant dip in its rate of increase in 2021 when compared to the rate of increase in 2020. This is according to data from the Bank of Ghana. Whereas the value of mobile money transactions increased by over 100% from December 2019 to December 2020,…