Category: Transport
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KIA’s Terminal three to be ready in April
Aviation industry authorities have disclosed to Citi Business News the new Terminal three (3) project at the Kotoka International Airport (KIA) will be completed by April 2018. This is one month earlier than the initial completion scheduled date of May 2018. According to the Ghana Airports Company Limited, the Terminal, when completed, will process about…
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Maritime Authority to roll out e-navigation system
The Ghana Maritime Authority (GMA) should by the end of June 2018, start implementing the e-navigation systems to track the security of vessels on Ghana’s waters. It will also follow the completion of the necessary tests and the webpage for operating the platform. When successful, Ghana will become the fourth maritime country to introduce these…
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Gov’t engages investor for Takoradi-Kumasi railway line
President Akufo Addo has announced new plans to revamp the country’s railway sector starting the next few months. According to the President, the move will involve the construction of new railway lines and the extension of some existing lines to facilitate movement of passengers and goods. Mr. Akufo Addo made the disclosure when he presented the…
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Govt attracts investors into domestic airline industry
The Ministry of Aviation has assured that plans are in place to attract new airlines into Ghana’s domestic aviation industry. The assurance, comes after domestic carrier, Starbow Airlines, halted its operations in November last year, leaving Africa World Airlines (AWA) as the only domestic airline in the country. The Minister for Aviation, Cecelia Abena Dapaah…
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Consumers demand disclosure on petroleum price stabilization levy
Pressure is mounting on government to come clear on the implementation of the price stabilization levy on petroleum products. Industry watchers argue that consumers risk being shortchanged, if the regulators fail to regulate the application of the levy. The comments come in the wake of marginal rise in the prices of petroleum products for the…
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Importers reject tax evasion claims by AGI
Importers and freight forwarders have dismissed claims of engaging in malpractices at the ports leading to the gradual collapse of local manufacturing industries. They maintain that such allegations could not be possible as they go through strict scrutiny in the clearing process. The comments come on the back of concerns raised by the Association of…
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Ministry prioritizes communities displaced by Volta Lake Project
Energy Minister, Boakye Agyarko has stressed his outfit’s commitment to improving livelihoods in communities affected by the construction of the Akosombo Dam on the Volta River. He explains that his ministry will work to generate funds to address critical issues confronting residents in such communities. Mr. Agyarko believes addressing the funding needs is critical to…
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AGI up in arms over ‘rot’ at ports
The Association of Ghana Industries (AGI) is demanding that government intervenes to stop what it describes as trade malpractices at the ports, if it is to grow the manufacturing sector. The AGI argues that the development which has been perpetrated for years, threatens government’s major policies such as the one district, one factory as well…
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Contractors demand payment for work on cocoa roads
The Association of Road Contractors is appealing to government to speed up the processes it is following, to pay its members monies owed them for the construction of roads in cocoa growing areas. In 2015, the erstwhile NDC government launched a one hundred and fifty million dollar ($150 m) project to improve road infrastructure in…
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Railway Ministry clears outstanding debts to revamp sector
Railway workers in Ghana have commended the railway ministry for settling all outstanding arrears owed them. The workers confirmed to Citi Business News in an interview that all salaries owed them have been fully paid. The railway workers had in the past embarked on several strike actions due to salary arrears. But the Railway Minister,…