Category: FEATURES
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![The principle of taxing MoMo transactions and its unintended consequences – Part 1 [Article]](https://citibusinessnews.com/wp-content/uploads/2021/05/derek-laryea-e1620164776362.jpeg)
The principle of taxing MoMo transactions and its unintended consequences – Part 1 [Article]
“I contend that a country that tries to tax itself into prosperity is like a man standing in a bucket trying to lift himself up by the handle.” (Sir Winston Churchill, 1904) One of the basic principles of taxation is fairness and neutrality. This principle demands that taxes should not favour any one group over…
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![Living on the minimum wage: Private sector workers tell their story [Video]](https://citibusinessnews.com/wp-content/uploads/2021/03/money.jpg)
Living on the minimum wage: Private sector workers tell their story [Video]
Ghana’s minimum wage is one of the lowest in West Africa. The country’s national daily minimum wage currently stands at GHS11.82 translating into a little above $2 dollars. This minimum wage is normally reviewed annually. The current wage was last adjusted in 2020 due to the coronavirus pandemic. It went up by 11 percentage points…
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![The injustice of Ghana’s financial sector [Article]](https://citibusinessnews.com/wp-content/uploads/2021/04/dalex-e1619592394602.jpg)
The injustice of Ghana’s financial sector [Article]
Dalex Finance, a formidable Ghanaian finance company is on a war path. For the past few weeks, the company led by its CEO, Mr. Kenneth Thompson and Director of Strategy, Mr. Joe Jackson has been venting their frustrations with what they call ‘the injustice of Ghana’s Financial Sector’ on Social Media and Radio. In a…
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May Day celebration must recognise labour centres – FORUM
The FORUM for Public Sector Associations and Unions is pushing for the May Day Celebration from hence to be organised under the auspices of the country’s three Labour Centres: namely the FORUM for Public Sector Associations and Unions, Ghana Trades Union Congress, and the Ghana Federation of Labour. According to the FORUM, which consists of…
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![How to overcome startups obstacles in Ghana [ARTICLE]](https://citibusinessnews.com/wp-content/uploads/2020/07/side-hustle-business-nigeria.jpg)
How to overcome startups obstacles in Ghana [ARTICLE]
In recent years, Africa is making great strides to become the launch pad for high-growth innovative companies. This is evidenced by the increasing number of tech startups to have received financial backing, which grew by 46% annually. This is six times faster than the global average, according to Partech Partners (a venture capital firm in…
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![Ghana must develop national hydrogen policy and roadmap [Article]](https://citibusinessnews.com/wp-content/uploads/2020/12/IES.jpg)
Ghana must develop national hydrogen policy and roadmap [Article]
The world is moving into a “Hydrogen economy” led by developed economies, and the pace looks quite fast. In most advanced countries that are looking for ways to recover from the economic damages wrecked by COVID-19, they are setting mid-to-long-term plans with more detailed targets that include hydrogen in several of their economy rebooting policy…
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![Accommodating is watchword for monetary policy in 2021 [Article]](https://citibusinessnews.com/wp-content/uploads/2021/04/Grace-Isaac-Aryee-Treasurer-FBNBank-Ghana-Limited.jpg)
Accommodating is watchword for monetary policy in 2021 [Article]
At its recent meeting, the Monetary Policy Committee (MPC) of the Bank of Ghana decided to keep the policy rate at 14.50% for the sixth consecutive time. The decision normally is a reflection of the Central Bank’s assessment of inflationary pressures, liquidity and growth prospect of the economy. In taking the recent decision, the Committee…
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![One woman’s quest to transform Ghana’s cashew sector [Article]](https://citibusinessnews.com/wp-content/uploads/2021/04/cashew-processor.jpg)
One woman’s quest to transform Ghana’s cashew sector [Article]
As part of its plans to develop the agriculture sector, the government informed Ghanaians last year, that the nation will be adding more cash crops to cocoa, which grants it an annual revenue of $2.3 billion. The Minister for Food and Agriculture, Dr. Owusu Afriyie Akoto mentioned cashew, rubber, coconut, mango, shea, oil palm and…
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![27th June 2021 declared census night, whither shall we go? [Article]](https://citibusinessnews.com/wp-content/uploads/2021/04/Statss.jpg)
27th June 2021 declared census night, whither shall we go? [Article]
On Friday 19th March 2021, His Excellency the Vice President of the Republic of Ghana announced 27th June 2021 as the Census Night date for the upcoming Ghanaian 2021 Population and Housing Census (PHC). The day marked exactly 100 days to the enumeration of structures and persons in the country. The 2021 PHC will be…
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Owusu Kagya asks: 27th June, 2021 declared census night, whither shall we go?
On Friday 19th March, 2021, His Excellency the Vice President of the Republic of Ghana announced 27th June 2021 as the Census Night date for the upcoming Ghana’s 2021 Population and Housing Census (PHC). The day marked exactly 100 days to the enumeration of structures and persons in the country. The 2021 PHC will be…