Category: Top Stories
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Some importers repacking foreign goods to look ‘made-in-Ghana’ – Konfidants boss
Ghana’s efforts to promote the consumption of locally manufactured products are being hampered by the unscrupulous re-packaging of imported goods. This is one of the key concerns of Michael Kottoh, Managing Partner of Konfidants, an international advisory firm, on the country’s ailing made-in-Ghana agenda. He says most products on the shelves of supermarkets tagged to…
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Ghana tops list of countries with cheapest cost of electricity in West Africa
Ghana has topped the list of countries with the cheapest cost of electricity for household use in West Africa. According to data from GLOBALPETROLPRICES.COM, a website that tracks the retail prices of motor fuel, electricity, and natural gas in over 150 countries, Ghana stood in 9th place as the country with the cheapest cost of…
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#CitiBusinessFestival: Forum on surviving uncertainties of consumer markets comes off today
The Citi Business Festival’s forum on surviving the uncertainties of consumer markets will be held today, June 21, 2022, on Citi TV from 11:00am to 1:00pm. This will be the fourth forum to be organised since the festival began this month, June 2022. Join us on Citi TV with our esteemed panellists as we discuss…
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A law that will compel banks to lend to Agric sector players being considered – Min. of Agric
The Minister of Food and Agriculture has called out the banking sector for the poor level of support it has given to Ghana’s agriculture sector over the years. Despite the improvement in credit to the private sector in the past few months as economic activity picks up, the Agriculture sector in addition to Forestry and…
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MTN laments inability of customers to access Ghana cards for SIM re-registration
It’s just about five weeks more to end the SIM card re-registration exercise and it appears the inability of customers to access their National Identification cards is hampering the process. Chief Executive Officer of MTN Ghana, Selorm Adadevoh made this observation during a virtual stakeholder and media forum today. As part of efforts to help…
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National Unemployment Insurance Scheme training launched
Government has launched the Training and Retraining component of the National Unemployment Insurance Scheme (NUIS) to upgrade the skills of 15,000 Ghanaians with employable skills and facilitate their re-entry into productive sectors of the economy. The scheme, under the Ghana Cares ‘Obaatanpa’ programme, is to serve as a mitigating measure for unexpected future events such…
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Parliament approves guidelines to regulate the grant of tax waivers for 1D1F projects
Parliament has approved a set of guidelines to regulate the grant of tax waivers for the one district, one factory policy of government. According to government figures, over 270 projects are currently underway under the policy. Among the guidelines include a ban on the grant of waivers on the importation of products for 1D1F, which…
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#CitiBusinessFestival enters week 4: Focuses on surviving uncertainties of consumer markets
The Citi Business Festival continues this week with conversations on surviving the uncertainties of consumer markets. The double economic crises of the lingering COVID-19 pandemic and the effects of the Russia-Ukraine war are driving changes in consumer behaviour globally. In Ghana, the situation is not different as this could have long-lasting effects as inflation, exchange…
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Government withdraws Tax Exemptions Bill from Parliament
Government has withdrawn the Tax Exemptions Bill from Parliament. Even though no official reason was given on the floor for the withdrawal, Citi Business News sources indicate that the withdrawal is to make way for corrections and amendments to the bill. After years of advocacy and pressure from civil society organizations and other actors in…
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Ride-hailing drivers push for government regulation of business
As fuel prices continue to rise, the Online Drivers’ Union is calling on the government to regulate the activities of ride-hailing companies operating in the country. The group argues that despite their poor conditions of service, and the lack of pension contributions in their line of work, the service providers have failed to adjust their…