Category: Transport
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Govt secures funds to construct Tema-Akosombo railway line
Government has secured funding from the Indian Exim Bank to construct a railway line from the Tema Port to Akosombo. The project, which is aimed at reducing road transport of freight from the Tema Harbor will connect the northern parts of the country through the Volta Lake transport service after completion. Speaking at a press…
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![Arbitrary shipping line charges in Ghana – a study of market power [Article]](https://citibusinessnews.com/wp-content/uploads/2016/08/shipping-1.jpg)
Arbitrary shipping line charges in Ghana – a study of market power [Article]
In the past ten years alone, there have been countless calls by shippers for the abolishing of illegal fees and charges being imposed by shipping lines on imports and exports. Almost an annual affair, these calls have been led by various organisations such as the Ghana Institute of Freight Forwarders (GIFF), Ghana Union of Traders…
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Africa World Airlines adjudged domestic airline for 2015
Africa World Airlines (AWA) has been adjudged the ‘Domestic Airline of the Year 2015’ at the maiden National Aviation Awards Ceremony held in Movenpick Ambassador Hotel in Accra on Friday 29th July 2016. This is not the first time the airline is picking such an award, AWA won The Domestic Airline of the Year 2014…
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New airport safety charges to start by end of year – GCAA
The Ghana Civil Aviation Authority has told Citi Business News the implementation of the safety charges on passenger and cargo will be effective by the end of year. The policy, initially scheduled to take off on the 1st of August 2016, has since been suspended for further deliberation. Per the new directive, passenger and cargo…
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Aviation fuel prices drop by 25 percent
Airline companies are expected to pay 25 percent less for aviation fuel they purchase effective Wednesday, August 3rd, 2016. It follows the announcement by the industry regulator, the National Petroleum Authority (NPA) that it has reduced the cost of the product by 25 percent. Per the new directive, a litre of aviation fuel currently selling…
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Aviation fuel to drop by 20 percent
Airline companies should expect a reduction of at least 20 percent in aviation fuel soon. This is the assurance coming from President Mahama. According to him, consultations with the industry regulator, the National Petroleum Authority (NPA) have concluded with a decision to reduce the cost of aviation fuel by 20 percent. Ghana is said to have…
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British Airways passengers protest against poor services
Close to four hundred customers of British Airways have signed a petition seeking for the airline to improve its services and make amendments to a number of its operations especially on the Accra-London (Heathrow) route. The petitioners, majority Ghanaians, are unhappy with what they term as the airline’s poor services including severe delays, lack of…
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GCAA to install HF facility end of August
The Ghana Civil Aviation Authority (GCAA) has revealed that installation process for the HF facility at the Kotoka International Airport will be completed by the end of August this year. This follows an agreement with the staff of the GCAA early this month after a row regarding the encroachment of aviation lands. The workers argued…
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Business magnate & founder of Global Haulage passes on
Business magnate and Founder/ Group CEO of Global Haulage Group Alhaji Dr. Adamu Iddrisu has died. He died at age 82. He is reported to have passed on, early this morning [Wednesday]. Dr. Adamu Iddrisu is reputed to be one of the most successfully business men in the history of the country. He was the…
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Air ticket, cargo fares increase by 30 dollars
Airline and cargo fares will shoot up from next month following new charges introduced by the Ghana Civil Aviation Authority (GCAA). The hikes follow the introduction of a safety charge, which will see airline tickets attract 10 dollars extra while cargo fares will increase by 20 dollars. The increases are also due to the amended…