Category: Transport
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New incentives for automobiles as Nissan joins market
Vice President Dr. Mahamudu Bawumia has stated that government will ensure that both local and international automobile companies operating in Ghana, will be given equal incentives to enhance their operations. Following the announcement by the President that German automobile company, VW, will set up a plant in Ghana, local automobile company, Kantanka expressed concerns over…
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Drivers lament over GH¢5 fuel prices
Some drivers have expressed their displeasure over the increase in fuel prices for the second pricing window in September. Checks by Citi Business News at some fuel pumps on Monday evening [September 17, 2018] showed that Shell had increased its prices. A litre of diesel and petrol are being sold at 5 cedis 18 pesewas…
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Inside of KIA’s Terminal 3 (Video)
From the 15th of September 2018, all international airlines have been using the Terminal three of the Kotoka International Airport. It follows the successful completion of live flights over the past week. Aviation authorities believe the move should reduce pressure on the current Terminal two and improve Ghana’s position in the aviation space within the…
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KIA’s Terminal 3 to boost customs revenue
Customs revenue from the Kotoka International Airport (KIA) is bound to see a major boost as the Terminal three begins operations. Officials of the GRA are hopeful that the potential increase in fleet should translate into increased revenue for the Authority. The Terminal three will accommodate all international flights to and from Ghana. The facility…
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KIA’s Terminal 3 goes live with international flights
From the 15th of September 2018, all international airlines will depart and arrive at the Terminal three of the Kotoka International Airport (KIA). It follows the successful completion of live flights over the past week. Aviation authorities believe the move should reduce pressure on the current Terminal two and improve Ghana’s position in the aviation…
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Home-based carrier likely to list on stock market – Minister
Aviation Minister, Joseph Kofi Adda has hinted of a possible listing of the new national carrier on the stock exchange to allow the public own a stake in the company. This he says should improve the capitalization of the new entity and make it more efficient. The Minister made the remarks in response to a…
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VW plant to be set up by last quarter of 2018 – Pius Hadzide
Pius Enam Hadzide, Deputy Minister of Information, has disclosed that German car manufacturer Volkswagen’s (VW) vehicle assembly plant would be set up in Ghana by the last quarter of 2018. According to him, government has already signed a memorandum of understanding (MoU) with Volkswagen South Africa. Speaking on Citi TV/Citi FM’s Big Issue, the Deputy Minister…
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GRA yields to pressure; backs down on CTN
The Ghana Revenue Authority (GRA) has clarified that it will soon meet with the business associations to have further consultation and sensitize them on the implementation of the Cargo Tracking Note (CTN) system. According to the Customs division of the GRA, the engagement is necessary to clear all doubts harboured by the business associations over the CTN policy.…
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Auto plaza launches 2019 all-new Hyundai Santa Fe
Auto plaza limited which is the authorized partner of Hyundai Vehicles, has launched its 2019 all new Hyundai Santa Fe in Accra. The car comes in two new editions which are Deluxe edition which is selling at $ 49,000 and the Limited edition which is selling at $45,000. According to the company, Ghana is one…
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CTN row: Shippers bemoan drop in revenue
Shipping lines are cautioning of massive drop in government’s revenue for the rest of the year if the row over the implementation of the Cargo Tracking Notes (CTN) is not resolved. The shippers complain of drop in cargo which is affecting their operations. The tussle over the implementation of the Cargo Tracking Notes (CTN) has…