Category: Transport
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Finance Minister presents Mid-Year Budget next week
The Ministry of Information has told Citi Business News the Finance Minister, Ken Ofori Atta will be presenting the mid-year budget review to parliament next week. The Information Ministry is however yet to announce the day. The Finance Ministry has already told Citi Business News government will be introducing new tax measures to boost domestic…
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Air Namibia’s comeback to boost trade & tourism
Air Namibia is aiming at improving trade relations between ECOWAS and other regional blocs within Africa with its resumption of operations in Ghana. The airline welcomed its inaugural flight for the new operations last Friday with major commitments to boost air travel. Air Namibia is coming back to Ghana after closing down its operations in…
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17.5% tax cut increased domestic air travel – Aviation Minister
The Aviation Minister, Cecilia Dapaah, has told parliamentarians that the removal of 17.5 percent VAT on domestic airfares has increased the number of passengers who board domestic flights by 9.64 percent. According to her, the numbers moved up from some 290,000 to over 320,000 passengers. Government in its 2017 budget scrapped the VAT on domestic…
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Veep to make or unmake GRA’s new cargo tracking policy
The proposed implementation of the Cargo Tracking Notes (CTN) system at the ports by the GRA may suffer another setback unless the office of the Vice President moves in to avert any such issue. The GRA has directed that from July 1, all imports into Ghana must bear the unique CTN numbers before they can…
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British Airways heeds to demand for quality service in Ghana
British Airways has announced a series of changes to its Ghana operations which are aimed at improving its service delivery within the country. The airline company says the decision also follows the important nature of the Ghanaian market, the Accra-London routes. British Airways has received heavy backlash from its Ghanaian passengers for quite a number…
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Port officials allay concerns over Joint Inspection
With only two weeks to the implementation of the joint inspection on July 1, 2018, port officials say they are set for the exercise despite concerns that the exemption of some agencies could pose health and security challenges. The joint inspection which was earlier scheduled to start in June, was rescheduled to make way for…
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Foodstuff prices to stay high despite drop in fuel prices – Esoko
Esoko Ghana has dispelled any possibility of a drop in food prices following the reduction in the prices of petroleum products. Prices of petroleum products were reduced in the second week in June with a second prediction of a two percent drop. Prior to this, statistics released by Esoko showed that prices went up as much…
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Fuel prices to drop again this week
The prices of petroleum products are expected to drop by about 2 percent this week. This is the indication from Citi Business News’ checks with players within the petroleum industry following developments on the global market. This will also be the second time in less than a week that fuel prices have been reduced this…
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We need an authority to propel Petroleum hub project—Amin Adam
Deputy Minister of Energy in charge of Petroleum, Dr. Mohammed Amin Adam, has defended calls for the setting up a special authority to oversee the management of Ghana’s Petroleum Hub project. Dr. Amin believes a dedicated authority will among other things facilitate the raising of the needed funds to develop the petroleum hub. The hub is expected…
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Freight Forwarders to sue port officials over ‘unfair charges’
Freight forwarders in the country have initiated processes to seek legal action against shipping lines over what they say are illegal charges against them. The group is lamenting over fees they pay on weekends and holidays as part of demurrage. They are also unhappy, the shipping lines use a foreign interbank rate to charge them…