Category: News
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Gov’t begins campaign to promote Made in Ghana products in supermarkets
The government through the Food and Drugs Authority (FDA) has begun a campaign to encourage supermarkets and foreign retail shops in the country to promote locally produced goods dubbed “Made in Ghana Display”. In view of this, the FDA has commenced engagements with major supermarkets and retail outlets to allocate specific sections in their supermarkets…
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NLA has our support, ignore fake groups -Licensed lotto agents
The leadership of the Licensed Lotto Operators and Agents Association (LLOAA), has said the group calling itself the Concerned Lotto Agents Association of Ghana (CLAAG) does not have any locus to interfere in its dealing with the National Lottery Authority. According to the licensed operators, they solidly believe in the vision and innovative policies and…
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Citi FM adjudged Tourism Oriented Media at National Tourism Awards
Citi FM has been adjudged the Tourism Oriented Media at the 2018 edition of the National Tourism Awards. The event which was organized under the theme” Celebrating Our Heritage” was held at the Ghana Trade Fai Center, La Accra. Citi FM and Citi TV as part of efforts to promote tourism have adopted the month…
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Govt must manage its expenditure to prevent a return to IMF—Prof. Quartey
Economist Professor Peter Quartey is positive Ghana will not return to the IMF if only it manages its expenditure and revenue better in 2020. Some economists have pointed out that governments overspend in election years, creating economic difficulties that compel Ghana to back to the IMF for a bailout. But speaking to Citi Business News,…
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World Bank Africa Vice President Hafez Ghanem to Visit Ghana
World Bank Africa Vice President, Hafez Ghanem will arrive in Ghana on Sunday, March 24, 2019 as part of a three-day mission to the country. Vice President, Hafez Ghanem will pay a courtesy call on His Excellency President Nana Addo Dankwa Akufo-Addo to discuss macroeconomic, fiscal and monetary policies and highlight opportunities for investing in…
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MTN to host technology experts to discuss ‘Location Intelligence’
MTN, Ghana’s leading Telecommunications Company and Business World, Ghana’s foremost business magazine will host leading Technology Experts at the 25th MTN Business World Executive Breakfast Meeting. The much anticipated event, on the theme ‘Location Intelligence: The Driver for Business Success’ will take place on March 28, 2019 at the Kempinski Hotel Gold Coast City in…
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Final IMF disbursement to hit govt’s account on March 29
The International Monetary Fund(IMF) has disclosed to Citi Business News that the final tranche of the 925 million dollar Extended Credit Facility will be paid to government on March 29 2019. The IMF officially ended the Extended Credit Program for Ghana on March 20 which is two weeks earlier than the April 2019 deadline. According…
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Maintain freeze on public sector employment after IMF exit – Turkson
The government has been warned to resist any temptation to lift the ban on employment into the public sector at the end of the International Monetary Fund (IMF) programme on April 2. Speaking to Citi News, Economist at the University of Ghana, Dr. Ebo Tuckson said Ghana needs to move beyond government being the main supplier of jobs.…
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Trade Ministry begins work to make Ghana most business friendly
The Ministry of Trade and Industry has outlined a seven point strategy that it believes will aid in making Ghana a business friendly Nation in Africa. The Ministry adds that the strategy will provide an enabling environment for businesses to thrive on the international market. This they say is in line with President Akufo-Addo’s vision…
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IMF approves final disbursement of $185.2m to Ghana
The Executive Board of the International Monetary Fund has approved the final disbursement of about US$185.2 million to Ghana. Ghana is scheduled to complete an IMF programme with the fund in April 2019. According to the IMF, its Executive Board completed the seventh and eight reviews On March 20, 2019, under the Extended Credit Facility…