Category: Top Stories
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January Producer Price Index increases by about 9%
The Producer Price Inflation (PPI) for January 2021 is 9.1 percent. This was made known in a recent press release issued by the Ghana Statistical Service. The rate shows that between January last year and this year, the PPI increased by 9.1 percent. This is also an increase of 2.1 percent as compared to the…
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![Stakeholders project decline in local pottery industry [Video]](https://citibusinessnews.com/wp-content/uploads/2021/02/IMG_2546.jpg)
Stakeholders project decline in local pottery industry [Video]
The art of pottery has had a long tradition in Ghana. Potters are noted for manufacturing bowls, vases and the likes from clay. But has technology impacted this industry worth over 400 billion dollars? Let’s find out from a local potter Michael Ogbodu engaged in this report. Click below to watch the full report: …
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BoG’s support for banks may reduce in 2021 – Banking Consultant
The amount of credit from the Bank of Ghana to the 23 universal banks in the country should reduce this year when compared to credit advanced to the banks in 2020. The amount of money advanced to banks from the Central bank throughout the period when the Coronavirus was at its height was about GHS2.6…
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![Private water supply business booms at Amrahia [Video]](https://citibusinessnews.com/wp-content/uploads/2021/02/water.-sanitation.-tap.jpg)
Private water supply business booms at Amrahia [Video]
The sustainable development goal 6 seeks to achieve safe and affordable drinking water for all by 2030. Ghana as a country still has a lot of work to do to attain this feat for its citizens. Much so when communities in urban areas like the capital, Accra still do not have access to pipe-borne water.…
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Farmer association calls for strategy to prevent shortage of maize
The Greater Accra Poultry Farmers Association of Ghana has called on the government to put systems in place to prevent a shortage of maize in the country. The Association is therefore proposing a policy that will secure markets for local maize farmers while ensuring they have enough maize for their poultry production all year round.…
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We’ll oppose any plan to increase transport fares – COPEC
As fuel prices at the pump continue to rise, the conversation about whether or not to increase transportation prices is gradually coming up. Prices of fuel have gone up by up to 12 pesewas at some stations. But the Executive Secretary of the Chamber of Petroleum Consumers, COPEC, Duncan Amoah says his outfit will kick…
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Tomato traders and transporters call off strike
Tomato trade in Ghana can once again go on smoothly. This is because the tomato traders and transporters association has called off the strike that they embarked on from Sunday, February 7th, 2020. The association had on several occasions, complained of attacks on its members by robbers on the Ghana-Burkina Faso highway, but efforts at…
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$134 million GCGP judgement debt has damaged Ghana’s reputation – IES
The Institute for Energy Security (IES) has bemoaned the impact of a judgement debt that has been slapped on the government by the International Court of Arbitration. Ghana has been hit with a US$134 million judgement debt over the cancellation of its Emergency Power Agreement with GCGP Limited. The contract, signed in 2015, was among…
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Government urged to build local capacity to help produce COVID-19 vaccines
As government works to procure some 17 million doses of COVID-19 vaccines by the end of June 2021, it has been urged to prioritize investing in systems that will guarantee the development of different vaccines in Ghana in the medium to long term. Per the latest updates from the Ghana Health Service, which is up…
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Labour consultant wants policy makers to focus on living wage
Labour consultant, Senyo Adjaben is calling for more attention to be given to living wage as compared to the minimum wage. According to him considering the impact of COVID-19 on the economy, this call has become important in order to sustain the livelihoods of Ghanaians. The country’s current minimum wage is 11 cedis 28 pesewas…