Category: Tourism
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First portion of World Bank tourism fund to come in June
The Minister for Tourism, Arts and Culture, Catherine Afeku has told Citi Business News the first portion of a 50 million dollar grant by the World Bank will be released to government by June this year. The money, she says will help in improving the state of roads at tourist sites, as well as improve…
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GTA to prosecute hospitality establishment after April amnesty
The Ghana Tourism Authority (GTA), has promised to start prosecuting all unlicensed hospitality establishments who fail to register with the authority in its amnesty month of April this year. The Chief Executive Officer of the GTA, Akwasi Agyemang said that all hospitality establishments registered, will rake in more revenue for the country whilst ensuring all…
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Ghana among top smartphone users in Africa
A recent report on the Ghanaian Mobile Sector by Africa’s leading e-commerce company Jumia, has revealed that Ghana is one of Africa’s largest mobile markets, with about 34.57 million subscribers and a penetration rate of 119%. The report further revealed that there are 10.11million active internet users in Ghana meaning nearly ⅓ of the country’s…
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Ghana, France boost ties with local tourism
The France Ambassador to Ghana, Francois Pujolas, has expressed his country’s readiness to assist Ghana build its tourism sector. According to him, the current government has shown commitment towards enhancing tourism in the country which warrants support from other economies. Mr. Pujolas also believes this could be done through capacity building programs for hotel operators,…
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2018 International Trade Fair scores 50% success – Organisers
Organizers of the 22nd edition of the Ghana International Trade Fair have given this year’s edition of the fair, a fifty percent rating. The fair which began on February 28th and ended on 7th March 2018, saw about 600 exhibitors showcasing their goods and services. This is the first time the fair is being held in…
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Global 5-Star Shangri La hotel to operate in Ghana—Yofi Grant
The Ghana Investment Promotion Center(GIPC) has disclosed that more international hotel managers have expressed interest to set up 5-Star hospitality facilities in Ghana. This, the GIPC said is in response to government’s new move aimed at growing the tourism industry to make it the number one job creation avenue for Ghanaians. One such hospitality operator…
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Marine Drive Project to change face of tourism—GTA
The Chief Executive Officer of the Ghana Tourism Authority(GTA), Akwasi Agyeman has stated that the Marine Drive Project will change the face of Ghana’s tourism industry while it creates thousands of jobs. According to him, the project is already attracting investors ahead of its implementation. The marine drive project will see government partner investors to…
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CPC extends payment for 20 million dollar debt
The Cocoa Processing Company (CPC) has disclosed to Citi Business News it has re-engaged its lenders to extend the payment dates for debts owed, by at least three more years. The CPC maintains that the decision is necessary to stay relevant in the cocoa sector and give investors value for money. The cocoa processor is…
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Beverage companies to engage FDA on advertisement ban
Some alcoholic producing companies in the country have told Citi Business News they will meet the Food and Drugs Authority (FDA) to discuss a recent ban on advertising alcoholic products before 8 pm. The FDA on the January 1, 2018, placed a ban on both advertisements and Live Presenter Mention (LPM) of alcoholic beverages in the…
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Tourism Ministry to develop skills, others with $50m grant
The Minister for Tourism, Arts and Culture, Catherine Ablema Afeku has outlined some key areas her ministry will be investing in, with the 50 million dollar grant by the World Bank. According to her, the grant will among others, be used to develop a skilled workforce in the hospitality sector as well as deepen linkages…