Category: FEATURES
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Real Estate Development 101; Benefits of a Single Storey Home
Abraham Maslow’s theory of needs considers a home/shelter as a basic need that is fundamental to man’s survival. Even if one has a place to put his or her head to sleep after a hard day’s work, one still dreams of owning a house at some point in his/her life when all is said and…
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How mortgage interest rates can further be reduced – Republic Bank explains
Dan Mohenu, Senior Manager for Commercial & Retail Banking of Republic Bank (Ghana) PLC has offered some explanations as to why interest rates on mortgage facilities, and for that matter all loans may not go down as significantly as some members of the public expect. He gave his explanation when he spoke as a panel…
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![Real Estate Development 101; Dealing with the Menace of Squatters [Article]](https://citibusinessnews.com/wp-content/uploads/2021/10/WhatsApp-Image-2021-10-18-at-13.10.53.jpeg)
Real Estate Development 101; Dealing with the Menace of Squatters [Article]
In all my years of experience, dealing with squatters is one of the phenomena that I dread. It can be a very difficult, slow and tortuous experience that can mess up your investment. It can throw your project schedule out of gear and incur unnecessary costs that are painful to pay. Interestingly, this experience is…
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![Taking the reins at GRIDCo; ambition meets preparation [Article]](https://citibusinessnews.com/wp-content/uploads/2021/10/Ebenezer-Essienyi-e1633949989981.jpeg)
Taking the reins at GRIDCo; ambition meets preparation [Article]
The announcement came rather inconspicuously, but there was no ambiguity about it. When the time came to get someone competent to captain Ghana’s electricity power transmitter, Ghana Grid Company Limited (GRIDCo), Engineer Ebenezer Kofi Essienyi was settled on as the Chief Executive Officer. The news splashed all over the electronic and social media, eliciting some…
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![Resilience in the midst of uncertainty [Article]](https://citibusinessnews.com/wp-content/uploads/2021/08/WhatsApp-Image-2021-08-17-at-1.27.28-PM.jpeg)
Resilience in the midst of uncertainty [Article]
The financial meltdown which caused the recession of 2008 to 2010 was triggered by shocks in the banking system. In fact, many economic downturns in the past, such as stock-market crashes and debt defaults had financial-system origins but the current recession which has also hit Ghana is different as it was triggered by a global…
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FBNBank @25; the walk of the African Elephant is majestic
On 11 September 2017, the Bank of Ghana issued a new minimum capital directive as part of its banking sector reforms. The new directive required that universal banks operating in Ghana increase their stated capital to GHS400 million by the end of 2018. We all know what happened afterwards, particularly the fact that nine banks…
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Italian cold chain and logistics giants ready for long-term partnerships in Ghana
Perishable goods such as fruits, meats, dairy, and pharmaceuticals need special care during storage and transportation to preserve their wholesomeness and protect consumers’ health. Technologies and expertise for the safe movement of these products are therefore critical in the agribusiness value chain, especially in the post-production processes. With Italy being a global leader in the…
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![COCOBOD should eye $5 billion from inter cropping cocoa sector [Article]](https://citibusinessnews.com/wp-content/uploads/2020/09/cocoa-4.jpg)
COCOBOD should eye $5 billion from inter cropping cocoa sector [Article]
The cocoa sector, for many years, has become the backbone or support for our exchange rate stability. The government, through COCOBOD every year issues a syndicated loan between US$1 billion and US$1.5 billion, purposely for the forward sale of cocoa for particular crop season. This has curbed the seasonal sharp depreciation of our fiat currency,…
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![Tax reliefs for employees and how to invoke the laws [Article]](https://citibusinessnews.com/wp-content/uploads/2021/06/Income-Tax-Return-Forms.jpg)
Tax reliefs for employees and how to invoke the laws [Article]
For many employees in Ghana, the amount of taxes they pay on their wages and salary is so high that, they do not bother to pay attention to the taxes deducted. In Ghana, sources of income that are subject to income tax include income from employment, income from business and income from investment. Tax laws…
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Can fortified foods hold the key to whole family immunity & nutrition amidst COVID-19
When was the last time you stopped at your favorite supermarket or corner store to carefully read the contents and ingredients of the food you buy? Be it rice, milk, wheat, yoghurt or even that occasional ice cream treat? One way to lead a healthy lifestyle is to eat food that provides optimum nutrition and…