Category: Top Stories
-
IES ‘skeptical’ about Akufo-Addo’s promise on 100% electricity provision
The Institute for Energy Security (IES) has expressed doubt over President Akufo-Addo’s promise to ensure 100% electricity coverage in Ghana by the end of his second term. The President, Nana Akufo-Addo, in his inaugural address in Parliament, on January 7, 2021, said his government will be committing enough resources to ensure power supply is extended…
-
Extension of tariff reliefs won’t worsen debt stock – Adu Sarkodie
Economist Dr Adu Sarkodie says the impact of the reliefs on utilities will not significantly increase the country’s debt. The government extended the provision of free utilities for lifeline consumers to cushion the public from the impact of the COVID-19 pandemic. Dr Sarkodie insists that the impact of the pandemic still lingers and any help…
-
Textbook retailers lament low patronage of old textbooks due to new curriculum
Traders engaged in the sale of textbooks want the Ghana Education Service (GES) to supply the books required for the new curriculum to help their businesses. The introduction of the new curriculum at the basic level from kindergarten to primary six means that traders who have the old textbooks in stock are running at a…
-
Ghana set for first sub-saharan African LNG-to-power project
Ghana is set to open sub-Saharan Africa’s first liquefied natural gas-to-power project as it moves to position itself as a hub for the cleaner and cheaper fuel in the region. This is according to the Bloomberg Quint. LNG-to-power projects have been booming from Asian to Latin American in recent years as they allow nations to…
-
![Businesses upbeat about conducive environments for growth in 2021 [Video]](https://citibusinessnews.com/wp-content/uploads/2021/01/provision-shop-1.png)
Businesses upbeat about conducive environments for growth in 2021 [Video]
The year 2021 is barely a week old, but businesses are hopeful of a favourable environment to flourish this year. The year 2020 came with unique challenges, with the world experiencing a shutdown due to the COVID-19 pandemic. Most economies were greatly affected, with several businesses struggling to stay afloat. In Ghana, many local businesses…
-
GIFF to review new port tariffs before implementation
The Ghana Institute of Freight Forwarders (GIFF) has said it will scrutinize the new revision of port tariffs before its implementation this year. This comes after a recent announcement by the Ghana Ports and Harbours Authority stating that tariffs on imports and exports of cargo will see an increase at the Tema and Takoradi ports…
-
Akufo-Addo government charged to reduce cost of power in 2nd term
The Ghana National Chamber of Commerce and Industry has urged President Akufo-Addo to couple the extension of electricity to communities without power, with a significant reduction in the cost of power itself, across the country. According to data from the Energy Ministry, access to Electricity in Ghana as at the end of 2020 was around…
-
My 2nd term will focus on building strong economy for youth employment – Nana Addo
The President, Nana Akufo-Addo says his government will work hard to ensure that the country’s economy is able to create many jobs to employ especially the teeming unemployed youth. He disclosed this in his inaugural address in Parliament on January 7, 2021. Nana Akufo-Addo said his government in its first term has ensured that the…
-
Akufo-Addo declares 2021 as ‘second year of roads’
President Nana Addo Dankwa Akufo-Addo has declared 2021 as the “second year of roads”. Delivering his inaugural speech on Thursday, January 7, 2021, President Nana Akufo-Addo said he will largely focus and prioritize road projects to improve infrastructure this year. “Our roads are being constructed at a faster pace than before, and yes, there are…
-
Ports charges to be increased from March 2021 – GPHA
From March 2021, tariffs on imports and exports of cargo will see an increase at the various ports in Ghana. This follows an announcement by the Ghana Ports and Harbours Authority. The first announcement of an increase in port tariffs was made in July 2020, but was later suspended in September. But according to a…