Category: Local Economy
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BA cuts flights on Accra-London-Accra rout to 5 from 7 per week due to lack of staff
British Airways has confirmed a cut down in the number of flights on its Accra-London-Accra route from 7 per week to 5 per week. This is according to sources within the travelling environment in the country. According to communication cited by Citi Business News between British Airways and its agent partners, the move by the…
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Citi Business Festival’s MSME Forum comes off today
The Citi Business Festival’s forum on Micro Small and Medium Enterprise (MSME) will come off today. This will be the second forum to be organised since the festival began last week. Join us on Citi TV with our esteemed panellists as we discuss ways of ‘Resetting your (MSME) Business after Covid.’ The forum will see…
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#CitiBusinessFestival: Taaka Awori gives leadership tips for resetting businesses
Taaka Awori, the Chief Executive Officer of Busara- Africa spoke about leadership tips that will help businesses reset in a presentation on the Citi Business Festival on-air series on Monday, June 6, 2022. The Busara Africa CEO stressed that it will be very difficult to reset a business without the right kind of leadership. “Everything…
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Citi Business Festival: Address lack of financial data challenges using MoMo – Rufai Abdul Majeed
As part of efforts to address the issue of a lack of financial data, businesses within the informal sector have been encouraged to adopt mobile finance platforms in their operations. According to the Head of Commercial at Mobilemoney Ltd, Rufai Abdul Majeed, beyond the convenience mobile finance provides, it also can help address one major…
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#CitiBusinessFestival enters week 2: Focuses on Resetting MSMEs in a COVID-19 era
The Citi Business Festival continues this week with conversations on Resetting Your Micro Small and Medium Enterprise (MSME) business after the Covid-19 pandemic. The Covid-19 pandemic dealt a big blow to many Medium and Small-Scale businesses, affecting not only their revenues and profits, but even their very existence. It is against this background that the…
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Citi Business Festival: Acquiring digital skills key to securing employment – Maximus Ametorgoh
Chief Executive Officer of Popout, Maximus Ametorgoh, has highlighted the importance for persons seeking employment and those hoping to remain relevant in their fields to acquire some level of digital skills to increase their value. According to him, the growing rate of digitization in the country also comes with the opportunity for employment in that…
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Ghana to lose out on AfCFTA gains due to high cost of doing business- AGI
As the cost of doing business continues to rise in the country, the Association of Ghana Industries (AGI), is cautioning that Ghana could miss out on the expected benefits from the much-touted African Continental Free Trade Area (AfCFTA). Data from the Ghana Statistical Service shows that the year-on-year producer price inflation which measures the average…
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GCB Bank PLC to pay GHS132.5m dividend to shareholders
Leading indigenous bank, GCB Bank PLC has announced the payment of a final dividend of fifty pesewas per ordinary share, representing GHC132.5 million, to be paid to its shareholders, for the financial period ended December 31, 2021. The amount represents a 100 per cent increase compared to the 2020 figure of 0.25 pesewas, following the…
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Importers of organic fertilizer to Ghana urged to look for local alternatives
As the Russia and Ukraine war disrupts the supply of fertilizer to Ghana and other parts of the world, the Ministry of Food and Agriculture has called on importers of organic fertilizer to consider procuring their raw materials from Ghana. According to the ministry, the current demand for organic fertilizer stands at 30,000 metric tons…
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NPA boss named outstanding public sector leader of the year
The Chief Executive of the National Petroleum Authority (NPA), Dr Mustapha Abdul-Hamid continued in his streak of silverware collection as he emerged the ‘Outstanding Public Sector Leader’ for the year 2021 at the Ghana CEO Excellence Awards held at the plush Kempinski Hotel in Accra. He was awarded for his Sterling Leadership, Achievement, Business Excellence…