Category: Top Stories
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AfCFTA commences first meeting on trade and goods
The African Continental Free Trade Area (AfCFTA) Secretariat has begun its first meeting of the Committee on Trade and Goods. Concurrently, the subcommittee on Trade Facilitation Customs Cooperation and Transit is also meeting. In an interview with Citi Business News, Head of AfCFTA Affairs at the Customs Division of GRA, Fenchi Akoto, indicated that the…
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CalBank hopeful of more stability on Ghana Stock Exchange
The Managing Director of CalBank, Philip Owiredu, is hopeful that the bank’s price on the stock market will experience some stability and even see some appreciation in the coming months. Despite registering strong profits across board for the first three quarters of 2020, listed banks on the Ghana Stock Exchange, including CalBank, continue to see…
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NBSSI signs 1.5 million Euros grant agreement with GIZ to support SMEs
The National Board for Small Scale Industries (NBSSI) and the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH , have signed a Memorandum of Understanding of 1.5 million Euros to support Small and Medium-sized Enterprises (SMEs) in Ghana. The grant agreement, ‘COVID-19 SME Innovation and Digitalization Support Scheme,’ is expected to provide Ghanaian SMEs with digital…
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Regional conference on AfCFTA, NEDS implementation held at Damongo
A one day regional conference on the implementation of the African Continental Free Trade Area (AfCFTA) agreement and the National Export Development Strategy (NEDS) has been held in Damongo. The conference was organized by the Ministry of Trade and Industry, the Ghana Export Promotion Authority (GEPA) and the National AfCFTA Coordinating office. The conference in…
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Rawlings helped Ghana win bid to host AfCFTA Secretariat – Alan Kyerematen
The Minister of Trade and Industry, Alan Kyerematen has praised the late former President, Jerry John Rawlings for the role he played in helping Ghana win the bid to host the African Continental Free Trade Area (AfCFTA) Secretariat in Accra. Six other African Union member countries including Egypt, Eswatini, Ethiopia, Kenya, Madagascar and Senegal all…
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TOR can refine over 100,000 barrels of crude a day under good leadership – John Jinapor
Former Deputy Energy Minister, John Jinapor, says under proper leadership the Tema Oil Refinery (TOR) should be able to process in excess of 100,000 barrels of crude oil per day. Speaking at the Energy Manifesto Dialogue Organised by the Institute for Energy Security (IES), Mr Jinapor indicated that the NDC government has the know-how to…
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![Cane weavers lament difficulty in accessing raw materials [Video]](https://citibusinessnews.com/wp-content/uploads/2020/11/cane-weavers-e1605484300150.png)
Cane weavers lament difficulty in accessing raw materials [Video]
Woven canes in the form of tables, baskets, and wardrobes are some of the coveted forms of arts and crafts that can be found in various parts of the country. While there is hardly any data to estimate the value of the woven products on Ghana’s economy, the industry employs quite a number of people…
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![Social innovator turns hair wigs into bricks [Video]](https://citibusinessnews.com/wp-content/uploads/2020/11/social-innovator.png)
Social innovator turns hair wigs into bricks [Video]
It is common knowledge that Ghana faces a serve plastic waste crisis as a number of streets in the country have litters or heaps of waste beside them. While this is a challenge for most people to deal with a few individuals are using this waste for meaningful business ventures. Nelplast Eco Ghana Limited is…
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High PCR test cost at KIA a hindrance to Africa integration goal – AfDB Secretary General
The Secretary General of the African Development Bank Group, Professor Vincent Nmehielle has called on government to review the $150 dollars being charged for COVID-19 testing at the Kotoka International Airport. This adds to calls by other stakeholders who have described the charge as a disincentive for the business community and tourists who wish to…
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Ghana signs MoU to host 2021 annual meetings of AfDB Group
The Secretary General of the African Development Bank Group, Professor Vincent Nmehielle, says participants at the upcoming 56th annual general meeting of the AfDB, will look at articulating policies and regulations, which will ensure that African economies become robust and better prepared, to deal with disruptive occurrences like COVID-19 in the future. The remarks were…