Category: Invest In Ghana
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Ghana drops four places in World Bank Ease of Doing Business report
The ease of doing business in Ghana has deteriorated marginally compared to last year, a new World Bank report has revealed. The World Bank in its latest Ease of Doing Business Report ranked Ghana at 118, representing a drop in four places in the previous year report. The latest Ease of Doing Business report which…
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Wine tasting in the center of the World
For more than 3 hours on the night of October 18, 2019 some of the finest people in Ghana’s capital Accra, networked, dined, learnt about and savored some of South Africa’s best wines. The entire experience which took place at the Villa Monticello Hotel, was part of the Wines of South Africa Exclusive Wine and…
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![[Video] Laundry services operators decry impact of economy on their operations](https://citibusinessnews.com/wp-content/uploads/2019/10/Palm-oil-business-in-Nigeria-1-660x330.jpg)
[Video] Laundry services operators decry impact of economy on their operations
The Global Dry-Cleaning and Laundry Services Market according to a 2019 Bloomberg report is worth about USD 13.75 billion dollars. That sounds like a lot. In the following report, Citi Business News will seek to put the spot light on the laundry business space in Ghana. What are their challenges and where is the industry headed?
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DSTV announces price adjustment over CST increase
Cable TV services provider, DSTV, has announced that it will from November 1, 2019, adjust upwards the prices of all its subscription packages following the increase in the communication service tax (CST) by the government. The Communication Service Tax which was introduced in 2008 was pegged at a rate of 6 percent payable by consumers…
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Ghana, 2 other countries named rising stars of global trade
Ghana together with neighbouring Côte d’Ivoire have been named have named as markets that have most rapidly improved trade growth potential over the past decade, according to new research from Standard Chartered. The Trade20 index, which identifies the 20 rising stars of trade, places Côte d’Ivoire in the top spot of African markets, and Kenya…
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IMF appoints Kristalina Georgieva as Managing Director
The Executive Board of the International Monetary Fund (IMF) has selected Kristalina Georgieva to serve as IMF Managing Director and Chair of the Executive Board for a five-year term starting on October 1, 2019. Ms. Georgieva, who succeeds Christine Lagarde, is the first person from an emerging market economy to lead the IMF since its…
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Govt’s shut down of Akwatia Mine is illegal — Jospong fights back
Jospong Group of Companies which operates the Akwatia Mine has described the government’s decision to lock up the place as an act of illegality done without recourse to the rule of law. The company said it lawfully took over the mine eight years ago and thus any government action must be done with all stakeholders…
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Increased support needed to tap into US$150 billion gaming market
Senior Manager for Products and Services at MTN Bless Agordjo has challenged stakeholders within the gaming ecosystem in Ghana to help develop the space to enable Ghana tap into the multibillion-dollar gaming market. Ghana’s revenue from the gaming industry in 2018 was estimated to be around $ 23 Million dollars, the 8th highest behind countries…
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Ghana Rising: Job creation efforts must reflect in all policies — Citi FM/TV CEO tells government
The Chief Executive Officer of Citi FM/TV Samuel Attah Mensah has stated that government must make deliberate efforts to make sure that every policy that is introduced creates some value for Ghanaians especially in the area of job creation. Mr. Attah Mensah speaking on the Citi Breakfast Show on Friday morning ahead of the Ghana…
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‘Made in Ghana’ Toyota cars to be ready by August 2020 — Toyota CEO
Ghanaians should expect the first-ever locally assembled Toyota car by August next year, the President and Chief Executive Officer of Toyota Tsusho Corporation, Ichiro Kashitani, has said. Mr. Kashitani said this when he met the President, Nana Addo Dankwa Akufo-Addo, in Japan. The meeting which happened on Thursday, August 29 was to sign an MoU…