Category: FEATURES
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![Banning some 2nd hand & salvaged vehicles; why it is hasty and needs a review [Article]](https://citibusinessnews.com/wp-content/uploads/2020/03/Used-cars.jpg)
Banning some 2nd hand & salvaged vehicles; why it is hasty and needs a review [Article]
One news item in the automobile industry in Ghana that has sparked outrage especially among members of the Automobile Dealers Union Ghana (AUDG), is the proposal to ban the importation of used (second-hand) vehicles of more than ten years old, and salvaged cars also known as ‘accident cars’; through the Customs Amendment Bill 2020, currently…
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Annerquaye Abbey writes: Why the cedi’s appreciation is good for Ghana’s public debt
The cedi’s battle against the US dollar has always been one-sided – with the local currency’s struggles well documented. It is almost certain that any news report on the cedi has always focused on how much of its value it has lost against the US dollar, occasionally interspersed with bouts of positive performance. Although the…
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![The ultimate productivity hack is saying no [Article]](https://citibusinessnews.com/wp-content/uploads/2020/02/Say-No.jpg)
The ultimate productivity hack is saying no [Article]
Next week you’re going to enjoy either of the two articles I’m cooking up. One on ‘Bankruptcy Of Goodwill’ and another on ‘The Economics of an Epidemic’, obviously because of the Coronavirus global outbreak. I prefer spot pieces for the Macroeconomic Bulletin. Yet, this week I have begun work on all of February’s articles at…
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![Don’t just purchase any car, know its history [Article]](https://citibusinessnews.com/wp-content/uploads/2020/01/Car-brands.png)
Don’t just purchase any car, know its history [Article]
The year 1886 in history marks the birth of cars, first to be developed by the German inventor Karl Benz. He developed several identical copies with petrol or gasoline fuel transmissions even though some prototypes were earlier developed in 1796, 1808 and 1870 fueled by steam-power, hydrogen, and gasoline respectively. However, not until the early…
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![Big Data Analytics — the next big thing that’s already here [Article]](https://citibusinessnews.com/wp-content/uploads/2020/01/Maxwell-big-data.jpg)
Big Data Analytics — the next big thing that’s already here [Article]
Last week, Alan told me he’s a professional systems analyst. I did not know that. He’s as serial as a serial entrepreneur can get. Now suddenly it all means sense; his insistence on us gravitating towards massive data-generating activities; his reiteration that we value higher traffic than higher margins; and lastly, it explains that “the…
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Committee investigating ‘Cedi depreciation’ taking over BoG job – Prof. Gatsi
It is a consolidated fact that the management of the currency (Cedi), including investigations into the depreciation of the currency, is the constitutional mandate of the Central Bank of Ghana. In article 183 (2)(a) of the Constitution, the BoG is mandated to promote and maintain the stability of the currency in the interest of economic…
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![Unexplained Wealth Orders can accelerate Ghana’s fight against corruption [Article]](https://citibusinessnews.com/wp-content/uploads/2019/07/Curruption-in-Ghana.jpg)
Unexplained Wealth Orders can accelerate Ghana’s fight against corruption [Article]
Ghana loses close to $3 billion to corruption annually—a sum that could easily finance up to 10 more years of Free SHS. Today, our country ranks 78th in the world on corruption. Ghana’s two largest political parties, the NDC and the NPP, have both been implicated in several major corruption scandals such as the GHS…
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![The art of differentiation – Standing out amidst competition through Focus [Article]](https://citibusinessnews.com/wp-content/uploads/2020/01/Standout.png)
The art of differentiation – Standing out amidst competition through Focus [Article]
I am not setting targets this year like I used to. It doesn’t work for me like I want it to. Either I achieve them too early and then I have a huge chunk of the year to spare, during which I freestyle, which isn’t ideal, or I put all efforts into achieving those specific…
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![The absolute necessity for escrow companies in Ghana today [Article]](https://citibusinessnews.com/wp-content/uploads/2020/01/Escrow.png)
The absolute necessity for escrow companies in Ghana today [Article]
Folks, within the last two years in our company Millennium Properties Ltd., four incidents that took place in four separate transactions may help to demonstrate why it has become absolutely necessary to have escrow companies operating in our beloved country. 1ST INCIDENT: Mr. O vs Mr. R On 19th December 2011, Mr. O, a citizen…
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Bright Simons writes: BoG’s murky explanations on the GH¢100 and GH¢200 notes
The Bank of Ghana (BoG) on November 29th, 2019, released a document justifying the need for the introduction of “higher-value denomination” currency (HVD) notes. The question of whether HVD notes are warranted at any point in time is not a merely conceptual one. It is, in fact, a highly empirical enquiry to be approached from a careful…