Category: General
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Managers of Ghana Stock Exchange introduce new initiatives to improve 2019 performance
Investors on the Ghana Stock Exchange(GSE) should expect a marginal increase on returns for 2019 after the local bourse recorded a negative performance in the preceding year. According to managers of the GSE, far reaching initiatives are being taken to improve the performance, relative to 2018. “The initiatives include: preparation and adoption of new strategic…
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GHc33 million missing cash report not true – Exim Bank
The Ghana Exim Bank has described as false a publication by the Herald Newspaper suggesting that 33 million cedis has gone missing at bank. A rejoinder signed by the Head of Corporate Affairs, at the Ghana Exim Bank, Richard Osei Anane and copied to the National Media Commission described the “publication as malicious, mischievous and…
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Mid –Year Budget review to focus on domestic revenue mobilization—Finance Minister
The Finance Minister, Ken Ofori-Atta has disclosed that the mid-year budget review which will be presented to parliament later this month will focus on improving domestic revenue mobilization Already, the Finance Minister has hinted that government will review the Luxury vehicle Tax in the mid-year budget. Speaking at a press conference Mr. Ofori-Atta explained that…
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![Over 70 entrepreneurs showcase products at ‘This is Ghana Exhibition’ [pictures]](https://citibusinessnews.com/wp-content/uploads/2019/06/WhatsApp-Image-2019-06-29-at-10.54.29-AM.jpeg)
Over 70 entrepreneurs showcase products at ‘This is Ghana Exhibition’ [pictures]
Over 70 entrepreneurs displayed their products at the ‘Thi is Ghana Exhibition’ over the weekend [29 June, 2019] at the Alisa Hotel. The event which was part of the month-long Citi Business Festival gave an opportunity to local producers to show their goods to the public.
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Finance Ministry approves GHS1.5 billion for 14 road projects
Minister of Finance, Ken Ofori-Atta, on Friday 28 June conditionally approved a multi-year funding commitment of more than GH¢1.56 billion for the commencement of 14 road projects over the medium term. The move to approve the projects will see reconstruction, rehabilitation and upgrading of some selected road networks spanning 381.3 kilometres across Ashanti, Brong Ahafo,…
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‘This is Ghana Exhibition’ underway at Alisa Hotel
The ‘This is Ghana Exhibition’ is underway at the Alisa Hotel in Accra. The event which is part of the Citi Business Festival has assembled about 70 entrepreneurs, showcasing their products to the public. The exhibition features high-quality products and services in the agribusiness, technology, arts and crafts, health, as well as food and beverages. Please…
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World Bank announces new Country Director for Ghana, Liberia and Sierra Leone
The World Bank has appointed Pierre Frank Laporte as the new Country Director for Ghana, Liberia and Sierra Leone. His appointment takes effect from July 1, 2019 and he will be based in the World Bank’s Accra Office. Pierre Frank Laporte, a national of Seychelles joined the World Bank in July 2015 as Country Director…
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Supreme Court grants AG permission to sell Woyome’s assets to recoup GHS51m judgment debt
The Supreme Court has given permission the Attorney General to sell properties belonging to businessman Alfred Woyome offset some GHS51 Million judgment debt paid illegally to him by the State. The properties earmarked for sale include two executive buildings of the businessman, lthe office complex of Anator Holdings, a company owned by Mr. Woyome, and…
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Bulk Oil Distribution Companies commend BOST for setting-up call centre
The Bulk Oil Distribution Companies (BDCs) have commended the management of Bulk Oil Storage and Transportation (BOST) company limited for setting-up a Call Centre to enable stakeholders have a quick response to issues regarding their stock balance. The BOST Call Centre will serve as a vital information network to ease doing petroleum transportation business as…
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Ghana Maritime Authority targets more female seafarers
The Ghana Maritime Authority is pushing to ensure seafaring, a rather male-dominated job, becomes attractive to women. According to the Authority, Ghana currently has only 19 women Seafarers even though the country produced the first African female ship captain. Seafarers are individuals who are employed to work in various capacities in ships. They ensure the…