Category: Local Economy
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Capital market access: Amin Adam stresses on fairness for African countries
The Minister of State at the Finance Ministry, Dr. Mohammed Amin Adam has emphasized the urgent need for a flexible environment for developing countries, including Ghana, to borrow freely from the international capital market. He believes that the current system, whereby development partners finance countries with stringent policy conditions, is impeding the socio-economic development of…
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IMF bailout, DDEP to blame for stalled interchanges – Roads Ministry
The Head of Public Relations at the Ministry of Roads and Highways, Nasir Ahmed Yartey, has indicated that the stalled road interchanges across the country are a result of the country’s International Monetary Fund (IMF) deal and the Domestic Debt Exchange Programme (DDEP). Some key interchanges across the country that yet to be completed include…
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Treasury bill auction surges; records 15 percent oversubscription
The government surpassed its auction target for last week as market continued to experience sufficient liquidity. Treasury bill sales recorded 15.10 percent oversubscription of its target of GHS 3,064 million. According to figures from the Bank of Ghana, a chunk of the bids came in from the 91 Day Bill. A total of GHS 2,…
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AfDB launches $1b Youth Adapt initiative to support small businesses
The African Development Bank has announced a $1 billion Youth Adapt initiative to provide seed financing to promote businesses of young people in Africa. In collaboration with the Global Centre on Adaptation, the bank rolled out the Youth Adapt policy with an investment of $4 million into 33 businesses of young people in 19 African…
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GAWU criticises phase two of govt’s Planting for Food & Jobs
The General Agriculture Workers Union (GAWU) has criticized government’s second phase of the Planting for Food and Jobs (PFJ) programme which seeks to provide jobs to more than 1.2 million farmers. This follows the launch of the second phase of the programme on Monday which also announced an annual average of 210,000 new farm-related jobs…
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Treasury bill auction sees oversubscription as interest rate increases
The government saw a 5.63% over subscription in treasury bill sales, despite rising interest rates. This is according to the Bank of Ghana’s auction results for last week. The offer attracted bids amounting to GHS 3.20 billion out of the GHS 3.22 billion of the bids tendered. This increase indicates strong investor demand but also…
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This is Ghana Exhibition: Exhibitors tell stories behind their brands
Day one of Citi TV/Citi FM’s ‘This is Ghana Exhibition’ has been a success, with exhibitors displaying a wide variety of products and services from food processing to clothing, cosmetics, bags, and more. Exhibitors from all over Ghana have come to the AMA forecourt in Accra to showcase their products and services to the public.…
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Citi TV/Citi FM 2023 ‘This is Ghana Exhibition’ ends in grand style
The 2023 edition of the “This is Ghana Exhibition,” organized by Citi TV/Citi FM, concluded on a successful note with numerous exhibitors achieving satisfactory sales. Running for two days from August 26 to August 27, the event took place at the forecourt of the Accra Metropolitan Assembly (AMA). Over the course of the two days,…
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Day 2 of Citi TV/Citi FM’s ‘This is Ghana Exhibition’ in pictures
The second day of “This is Ghana Exhibition,” organized by Citi TV/Citi FM, continued today, August 27, at the forecourt of the Accra Metropolitan Assembly (AMA). Numerous exhibitors presented their diverse range of products and services. Attendees had the opportunity to explore a variety of made-in-Ghana products, engaging with them through sight, sound, taste, and…
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![Day one of ‘This is Ghana Exhibition’ [Photos]](https://citibusinessnews.com/wp-content/uploads/2023/08/GH-9.jpg)
Day one of ‘This is Ghana Exhibition’ [Photos]
Day one of Citi FM/Citi TV’s ‘This is ‘Ghana Exhibition’ came off today, ending with massive success, as thousands of patrons thronged the forecourt of the Accra Metropolitan Assembly to take part in the fair. About 300 hundred exhibitors today converged at the forecourt of A.M.A, as they showcased their products and services. Exhibitors who…