Tag: Citi Business News
-
SIM re-registration to begin on October 1 – Ursula Owusu
The Minister of Communication, Ursula Owusu Ekuful, says the registration of mobile SIM cards is expected to begin on 1st October 2021. The exercise, which will last for six months, will end on 31st March 2022. Any SIM which is not registered at the end of this exercise will be blocked, according to the Minister.…
-
Parliament must ensure Aker Energy, AGM deal is value for money – ASEPA
The Alliance of Social Equity and Public Accountability (ASEPA) is urging Parliament to thoroughly scrutinise the deal by the Ghana National Petroleum Commission (GPNC) to increase its shares in Aker Energy and AGM Petroleum. Speaking during a press conference, Executive Director of ASEPA, Mensah Thompson, said the legislative arm of government must work to ensure…
-
Our Job Centre has created over 1000 jobs despite COVID-19 pandemic – YEA
The Youth Employment Agency (YEA) says notwithstanding the setback caused by the outbreak of the COVID-19 pandemic, its Job Centre has helped over one thousand youth gain employment. The Job Centre was launched in October 2019, as part of efforts towards making the agency a one-stop-shop employment agency facilitating the employment of the youth in…
-
50% reduction in benchmark values crippling agric sector – Rice millers
The Ghana Rice Millers Association of Ghana says the 50% reduction in benchmark values did not benefit the consuming public and is therefore calling for it to be scrapped. According to the group, the rebate government introduced only enriched importers and did not reflect a reduction in the price of goods on the market. Yaw…
-
Accra Digital Centre hosts maiden edition of GEPA Infotech Fair
37 Ghanaian tech firms registered to exhibit their products and services at the maiden edition of Infotech Fair which officially opened to the public on August 26, 2021 at the Accra Digital Centre. The 2-day information and technology (IT) fair organised by the Ghana Export Promotion Authority (GEPA), was intended to boost the position of…
-
Capacity, quality concerns in fashion industry must be addressed – International fashion designer
Ghanaian International fashion designer, Sally Torpey, says attention must be given to production capacity while addressing quality concerns in the country to court international attention. She argues that the African Continental Free Trade Area also presents opportunities for local brands to expand if these issues are addressed. The African Continental Free Trade Area (AFCFTA) agreement…
-
Increase Ghana’s oil storage capacity as global prices fall – Dr Sulemana to government
As oil prices on the global markets continue to fall, Energy Consultant, Dr Yussif Sulemana says the government must strive to increase its storage capacity. He argues that this will help cushion the country when prices begin to rise. According to him, “Ghana must have massive storage ability and the reason is that, when these…
-
Address valuation and secrecy concerns raised against GNPC-Aker Energy deal – CSOs to government
A group of civil society organisations working in the extractive industry has asked government to take steps to address concerns raised against moves to increase the country’s stakes in oil blocks operated by Aker Energy and AGM Petroleum Ghana. The group had earlier expressed worry over the valuation of the company, among others. A member…
-
African countries must jointly negotiate with China for better deals – IEA
The Institute of Economic Affairs (IEA) says African countries must begin collaborative negotiations when doing business with China. According to the Civil society Organisation, this move would give countries on the continent better leverage in their deals with the Asian country. China continues to be a major business player with most African countries. Ghana for…
-
Don’t reverse the 50% reduction in benchmark values – GUTA appeals
The Ghana Union of Traders Associations (GUTA) wants the government to abort plans to scrap the 50% reduction in benchmark values. GUTA insists that, if the reversal is carried through, it will adversely affect their businesses. There are rumours that government intends to reverse the 50% reduction in benchmark values introduced about two years ago.…