Category: Top Stories
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SEC warns public against investing in Wiseling Online Investment Company
The Securities and Exchange Commission (SEC) has cautioned the public against investing in Finland-based company operating in Ghana, Wiseling Online Investment Company. SEC says it has not licensed the company to carry out any Capital Market activity including investing or trading for returns as mandated by Section 3 of the Securities Industry Act, 2016 (Act…
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Ghana National Fishermen Council backs Hawa Koomson for Fisheries Minister job
The Ghana National Fishermen Council (GNFC), has backed the nomination of Minister-designate for Fisheries and Aquaculture Development, Hon. Mavis Hawa Koomson following the media uproar that greeted her recent vetting in Parliament. The Association says the uproar that greeted the nominee’s vetting on both traditional and social media was unnecessary and a distraction from pertinent…
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Stakeholders call for efficient use of fishing technologies in Ghana
Stakeholders within the fisheries sector are calling on the government to pay crucial attention and invest in the fisheries and aquaculture sector to ensure sustainability. According to them, there’s the need for sustainable management of the country’s ecosystem as well as the improvement of the livelihoods of people living in and around communities in the…
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Ghanaians make up 98% of employees in mining sector – Mining Chamber
The Ghana Chamber of Mines says it is committed to creating local employment in the mining sector across the country. Presently over 98% of employees in the industry, according to the Chamber, are Ghanaians. Speaking to Citi Business News, CEO of the Chamber, Dr Sulemanu Koney, said his outfit will continue to explore other avenues…
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Stress-test your systems against possible cyber-attacks – BoG to banks
Governor of the Bank of Ghana, Dr. Ernest Addison has charged banks in the country to continuously stress-test their institutions under different scenarios to ensure they are ready when unforeseen risks occur. Unlike other sectors that suffered considerable losses, the financial sector has remained relatively stable in the face of the pandemic. While touting the…
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Only qualified persons should head fisheries ministry – Tuna Association
The Ghana Tuna Association says considering the challenges that bedevil the fisheries industry, only qualified persons with ample knowledge in the space must be assigned to the sector ministry. In an interview with Citi Business News, the secretary of the association, Richster Nii Armah Amarfio, said the continuous appointment of people not up to the…
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We’re committed to boosting local tourism amid COVID-19 – GTA
The Ghana Tourism Authority has reiterated its commitment to boosting local tourism in the country. The tourism sector took a major hit with the outbreak of the pandemic losing millions of dollars. Speaking to Citi Business News, Acting Public Affairs Director of GTA, Nelson Jones, stated that his outfit is confident that when more attention…
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CGIA Network President calls for proper regulation of online platforms
As part of efforts to ensure that Ghana fully benefits from digital economy trends, stakeholders in the finance sector have asked the government to set up specific rules and regulations to govern the operations of online platforms and businesses. According to them, this will make it easier for the regulatory bodies to monitor such platforms…
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SSNIT set to launch app to improve service delivery
The Social Security and National Insurance Trust, SSNIT, is set to launch an app to help improve its service delivery. SSNIT says the app will render a number of services including, a request for SSNIT clearance, and payment of monthly contributions via mobile money among others. This is so that its clients will not necessarily…
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COCOBOD will receive $190 million this week to settle farmers – Afriyie Akoto
Cocoa farmers who are yet to receive payment for cocoa beans they supplied to Licensed Buying Companies (LBCs) for the 2020/2021 cocoa season, should expect payment soon as monies that will be used in settling them is expected early this week. This was made known by Food and Agriculture Minister-designate, Dr. Owusu Afriyie Akoto, when…