Tag: 2020
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Hospitality business recording steady growth – Ghana Hotels Association
Business is gradually picking up with the many hotels across the country. This is according to the Ghana Hotels Association. The association attributes this development to the easing of some COVID-19 restrictions in the country. President of the Association, Dr. Edward Ackah-Nyamike, said the political season also may have contributed to this improvement in business.…
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Ghana cannot be energy sufficient without a working refinery – Energy consultant
Energy Consultant, Dr Yussif Sulemana, says in order for Ghana have energy security it must begin processing its own crude oil. Speaking to Citi Business News, on the sidelines of a workshop organized the Chamber of Petroleum Consumers (COPEC) on the country’s energy sector, Dr Sulemana said the country cannot have secured and reliable energy without…
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AGI calls for establishment of Industrial Bank
The Association of Ghana Industries is calling on government to speed up processes for the establishment of an industrial bank. According to the AGI this would help address the challenges of access to funding its members face. Speaking to Citi Business News, Director of Business Development Services, Johnson Opoku-Boateng, said government ought to come through…
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Ghana can’t industrialise with green energy – GAEC’s Dr. Seth Debrah
Even though there have been a lot of calls for Ghana to switch to renewable energy, not everybody thinks it’s the way to go for the country’s industrialisation agenda. Acting Director of the Nuclear Power Institute at the Ghana Atomic Energy Commission (GAEC), Dr Seth Kofi Debrah, is one of such people. He says renewable…
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Extend operational hours of Kumasi Airport to maximise facility – Aviation analyst
Aviation analyst, Sean Mendis says beyond the expansion of the Kumasi Airport to international status, efforts have to be made to properly manage and utilize the facility to full capacity. According to him measures also have to be made to increase operational hours of the airport. He stated that, “While Ghana has made investments in…
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Stakeholders want Akufo-Addo to assent to Real Estate Authority Bill, 2020
Stakeholders in the housing industry are calling on the President, Nana Akufo-Addo to assent the Real Estate Authority Bill, 2020 into law as soon as possible. Parliament passed the bill earlier in the year which when turned into law will regulate real estate agency practice, the conduct of real estate practitioners, and commercial transactions in…
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Ghana set to meet renewable energy target by 2030 – Bui Power CEO
The Chief Executive Officer of the Bui Power Authority, Fred Oware says Ghana is on course to attain its new goal of a 10 percent renewable energy in the country’s energy mix by 2030. Speaking to Citi Business News, Mr Oware indicated that with the rate of power being generated at the Bui Power Solar…
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Enforce safety standards to prevent gas explosions – COPEC to government
The Chamber of Petroleum Consumers-Ghana (COPEC) wants government and sector authorities to ensure that safety standards are adhered to at various fuel stations across the country. This is on the back of an explosion which occurred last week at a gas station in the Volta Region. Speaking to Citi Business News, Executive Secretary of COPEC,…
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Passage of Real Estate Authority Bill will sanitize the sector- Meqasa CEO
Stakeholders in the housing industry have welcomed the passage of the Real Estate Authority Bill, 2020. Parliament earlier last week passed the bill which will become law pending the assent of the President. Kelvin Nyame, is the CEO of Meqasa, an online real estate platform, believes the introduction of the bill will help sanitize the…
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Parliament approves Petroleum Hub Development Corporation Bill, 2020
Parliament has passed the Petroleum Hub Development Corporation Bill, 2020. The Bill, once assented to by the President, will establish the Petroleum Hub Development Corporation to promote and develop a petroleum and petrochemicals hub in Ghana’s Western Region. The project will involve the development of infrastructure such as refineries, port terminal facilities, storage facilities, as…