Tag: 2021
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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…
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Government must appoint only qualified persons to energy sector boards – COPEC
The Chamber of Petroleum Consumers (COPEC) has called on the government to ensure that only persons with requisite knowledge and expertise are assigned to manage the various energy sector institutions. A recent circular from the government on January 7, 2021, had indicated a dissolution of the various boards and corporations in accordance with the country’s…
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Stakeholders in real estate sector confident of a boost in 2021
Stakeholders in the Real Estate industry are confident of growth in their business this year. Online real estate company Meqasa says it is already beginning to see some signs of improvement. Speaking to Citi Business News, CEO of Meqasa, Kelvin Nyame said his outfit is hopeful that the progress recorded so far in 2021 will…
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Businesses must abide by regulations to prevent fire outbreaks – Bureau of Public Safety
The Bureau of Public Safety is admonishing businesses across the country to fully comply with the Fire Precautions (Premises) Regulations L.I. 1724. According to the bureau, following the regulations will help prevent the frequent occurrence of fire outbreaks especially at business centres in Ghana. Executive Director of the Bureau, Nana Yaw Akwada believes these loses…
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AfCFTA and Dangote’s refinery will make fuel cheaper – Energy Consultant
Energy analyst and lead technical consultant to the Chamber of Petroleum Consumers (COPEC), Dr Yussif Sulemana says the African Continental Free Trade Area Agreement (AfCFTA) coupled with the establishment of a state-of-the-art refinery by Nigerian businessman Aliko Dangote stand the potential to significantly reducing the cost to refined crude products on the continent. He stated…
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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…
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Hotels make some gains during festive season
The Ghana Hotels Association says the Yuletide brought some respite to its members after enduring the adverse impact of the COVID-19 pandemic on their businesses. The hospital sector has been one of the worse hit following the outbreak with many losing millions of dollars in the process. Many industry players closed down while others downsized…
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Give us tax reliefs to be competitive as AFCFTA commences – AGI
The Association of Ghana Industries is calling on the government to introduce a tax regime that would make local producers competitive especially with the commencement of the Africa continental free trade Area agreement (AFCFTA). Speaking to Citi Business News, Johnson Opoku-Boateng, Director of Business Development Service at AGI, says that the introduction of tax reliefs…