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First Sky Group to set up cocoa processing company in Ghana

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First Sky Group has signed a Memorandum of Understanding (MoU) with some credible foreign investors to build a modern cocoa processing factory in the Western region. The company will operate as a new subsidiary under the Group as First Sky Cocoa Processing. The Chief Executive of First Sky Group Eric Seddy Kutortse made the announcement at this year’s Oxford Summit ...

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(Audio) Street economics: Market women cry for help

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Market women in Makola, a business district in Accra  have told Citi Business News they may be forced to halt operations if government does not step in to save their business. Speaking to Citi Business News on its series dubbed ‘street economics’ which focuses on how players in the informal sector are dealing with the current economic challenges, a cross ...

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(Audio) Business activities slow down few weeks to Christmas

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Business activities within the central business district of the nation’s capital appear to have slowed down with barely a month to Christmas. Some vendors who have been speaking to Citi Business News have expressed mixed feelings at the turn of events. While others are hopeful of trading activities, some are skeptical owing to current challenges such as the cedi depreciation ...

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(Audio) Budget Watch 2016: Bankers vow to resist tax increases

Seth Terkper - Finance Minister

The second edition of the series “budget watch” which focuses on the 2016 budget statement to be presented to parliament tomorrow 13th November, 2015 by Finance Minister Seth Tekper, this time round threw the spotlight on the banking and financial sector. Players in that industry have joined other sectors demanding that government refrains from imposing additional taxes on the sector in the 2016 ...

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