Category: Top Stories
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Ban on rosewood still in full force – Lands Ministry insists
The Ministry of Lands and Natural Resources has once again, stressed on the enforcement of the ban on rosewood felling and exportation in Ghana. “The ban on the harvesting, transporting and export of Rosewood still remains in full force and any person or group of persons who flout this ban will be arrested and prosecuted…
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Alan Kyerematen maintained as Trade Minister
Alan Kyerematen has been renominated as Trade Minister. He is among the nineteen ministers who maintained their portfolios in President Akufo-Addo’s second term. Among the returning Ministers are Albert Kan Dapaah with the National Security Ministry and Ken Ofori-Atta for Finance The rest are: Dominic Nitiwul – Defence Ambrose Dery – Interior Shirley Ayorkor Botchwey…
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President Akufo-Addo nominates Minister for Public Enterprises
President Akufo-Addo has appointed Joseph Cudjoe as the Minister for Public Enterprises. Joseph Cudjoe was a Deputy Minister of Energy, responsible for Finance and Infrastructure and the Member of Parliament for Effia Constituency, under the Seventh Parliament of the Fourth Republic of Ghana. A statement signed by the Director of Communications at the Office of…
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PIAC elects Professor Kwame Adom-Frimpong as its new chairman
The Public Interest and Accountability Committee (PIAC), the statutory body with oversight responsibility of the management and use of the country’s petroleum revenues, has elected Professor Kwame Adom-Frimpong as its new chairman. A statement issued by PIAC stated that, “Professor Adom-Frimpong, who represents the Institute of Chartered Accountants, Ghana (ICAG) on the Committee, was elected…
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Freight forwarders elated as GSA halts increased port charges
The Ghana Institute of Freight Forwarders has welcomed a decision by the Ghana Standards Authority to halt the increment of fees and charges at the various ports. In December 2020, the Standards Authority announced that the charge of clearing goods at the ports will increase by 20% beginning January 2021. This formed part of the…
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AfCFTA to set up trade finance facility for SMEs in Africa
Since the commencement of the African Continental Free Trade Area (AfCFTA) in January 2021, the Secretariat keeps intensifying its efforts in making sure that no one is left out of the continent-wide pact. It is for this reason that several mechanisms for supporting trade under the AfCFTA will soon be introduced. One of such is…
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Speedy implementation of Ghana CARES program critical – Kwame Pianim
Renowned Ghanaian Economist, Kwame Pianim has advocated for the expeditious implementation of the COVID-19 Alleviation and Revitalization of Enterprise Support initiative, also known as the Ghana CARES programme which was launched in November 2020. According to the economist, the $100 billion dollar initiative has the potential to accelerate the country’s recovery following the devastation caused…
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GNCCI calls for stimulus packages for local businesses involved in AfCFTA
President of the Ghana National Chamber of Commerce and Industry (GNCCI), Clement Osei-Amoako, says government should consider providing a stimulus package for local businesses involved in the African Continental Free Trade Area (AfCFTA). According to him, the commencement of the AfCFTA means Ghanaian businesses will now have to compete with businesses from other African countries…
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Ghana Hotels Association calls for more attention for local tourism amid COVID-19
In order for the tourism and hospitality industry to stay afloat amid the COVID-19 pandemic, the Ghana Hotels Association believes a lot of attention has to be given to local tourism in the country. The sector has been one of the worst-hit since the outbreak of COVID-19 losing millions of dollars. President of the Ghana…
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Sign Real Estate Authority Bill into law – Construction Chamber urges Akufo-Addo
The Ghana Chamber of Construction Industry (GCCI) has joined calls for the President, Nana Akufo-Addo, to accent to the Real Estate Authority Bill. According to the Chamber, this will contribute significantly to sanitizing the sector. Parliament in September 2020 passed the Bill pending the assent of the President. Speaking to Citi Business News, Chief Executive…