Category: Top Stories
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We’re collaborating with stakeholders to end attacks on MoMo vendors – Telecoms Chamber
The Chief Executive Officer of the Ghana Chamber of Telecommunications, Kenneth Ashigbey, says key stakeholders in the mobile money space are continuously collaborating and sharing information to effectively bring an end to the rising armed robbery attacks on mobile money vendors. Over the past couple of months and weeks, separate robbery incidents have been recorded…
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#CitiBusinessFestival: Partnerships key to boosting ‘Made-in-Ghana’ agenda – Michael Kottoh
The co-founder and managing partner at international consultancy firm – Konfidants, Michael Kottoh says Ghanaian businesses need to develop professional business partnerships to be able to fully gain from the Made-In-Ghana campaign and boost the patronage of their goods and services. According to him, the refusal of businesses merging or joining forces with other industry…
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Banking sector cleanup: Allow the law to take its course – BoG Governor urges Parliament
The Governor of the Bank of Ghana, Dr. Ernest Addison, has asked Parliament to allow the law to take its course in the ongoing legal tussle regarding the revocation of licences of some financial institutions in the country. While the government has issued criminal proceedings against some shareholders of financial institutions whose licences were revoked,…
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#CitiBusinessFestival panellists discuss AfCFTA opportunities in 4th virtual forum
Panellists at the 4th edition of the Citi Business Festival virtual forum have offered varied opinions on how Ghanaian businesses, particularly Small and Medium-sized enterprises, can take advantage of the opportunities presented by the African Continental Free Trade Area (AfCFTA). Small and Medium Enterprises in Ghana and other parts of Africa are struggling to expand…
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COCOBOD borrows $2 billion in response to improved production by farmers
Better than expected, cocoa production for the 2020-2021 crop year has led the regulator of the sector, the Ghana Cocoa Board (COCOBOD), to borrow extra on the domestic market, to among other things mop up the excess cocoa beans being produced by farmers. COCOBOD has so far sold $2 billion (GHS 11.7 billion) of six-month…
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Deal with fuel smuggling, cylinder recirculation and petroleum price hikes – New NPA boss advised
Executive Director of the Institute for Energy Security (IES), Nana Amoasi VII, has urged the newly appointed Chief Executive of the National Petroleum Authority (NPA) Dr. Mustapha Abdul-Hamid, to prioritize resolving issues pertaining to fuel smuggling, cylinder recirculation and the continues rise in fuel prices at the pumps. President Akufo-Addo in a letter dated June…
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Businesses must take advantage of AfCFTA to diversify funding sources – Kobla Nyaletey
The Director of Markets at Absa Ghana and Nigeria, Kobla Nyaletey, has advised Ghanaian businesses to take advantage of the African Continental Free Trade Area (AfCFTA) to escape the high-interest rate regime in the country. Speaking on the theme, ‘Preparing and positioning for the AfCFTA opportunity‘ on Citi TV, as part of this year’s virtual…
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Benefits of AfCFTA won’t be automatic; we must work for it – Chamber of Commerce CEO
The Chief Executive Officer of the Ghana National Chamber of Commerce and Industry (GNCCI), Mark Badu Aboagye, has called for enhanced collaboration and a strategic plan from stakeholders in the country to enable Small and Medium-sized Enterprises (SMEs) to take full advantage of the Africa Free Trade Continental Agreement (AfCFTA). According to him, the opportunity…
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Ghana needs a ‘national branding’ strategy to fully enjoy AfCFTA benefits – Fatima Alimohamed
Chairperson of the Agribusiness Sector at the Association of Ghana Industries (AGI), and CEO of Africa Brand Warrior, Fatima Alimohamed, says getting a “national branding” strategy remains one of the major hurdles Ghana needs to cross if the country can obtain maximum benefit from the Africa Continental Free Trade Area (AfCFTA). She is of the…
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Akufo-Addo appoints Mustapha Hamid as NPA CEO
President Nana Akufo-Addo has appointed Dr. Mustapha Abdul-Hamid as the Chief Executive Officer of the National Petroleum Authority (NPA). He takes over from Hassan Tampoli, who is now MP for Gushiega and a Deputy Transport Minister-designate. The appointment takes effect from July 1, 2021. A letter from the President to Dr. Hamid dated June 17th…