Tag: Citi Business News
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Eat Ghana Rice campaign: Farmers record hike in sales almost two years on
Local rice farmers seem to be enjoying a boom in sales, almost two years after Citi FM/ Citi TV embarked on a massive campaign to whip up interest in the patronage of local rice. Speaking to Citi Business News, the Head of Programs and Policy at the Peasant Farmers Association of Ghana, Charles Nyaaba, lauded…
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Activate all your fuel distribution pipelines – IES to BOST
The Institute for Energy Security, IES, is urging the Bulk Oil Storage and Transportation Company Ltd (BOST) to ensure it gets all its fuel pipe distribution lines back online. This according to the IES will help reduce incidents associated with the transportation of petroleum products across the country. Two fuel tanker explosions have been recorded…
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Airport Customs trains staff to improve operations
As part of efforts towards improving its operations at the Kotoka International Airport, the Customs Division of the Ghana Revenue Authority is running a training program for its over 250 staff. The division says this will help improve upon its staffs’ skills in properly examining goods and luggage that come through the country’s airport with…
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Formalise your operations to attract credit and growth – Grace Anim-Yeboah to MSMEs
The Director of Business Banking at Absa Bank Ghana, Grace Anim-Yeboah, has advised Micro Small and Medium Enterprises (MSMEs) who intend to secure credit facilities to expand their businesses to formalise their operations. Speaking on the on-air series of the Citi Business Festival on the Citi Breakfast Show, Madam Anim-Yeboah explained that these enterprises stand a better…
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‘It’s unfair to say Ghana has nothing to show for its programmes with IMF – Country Director
The Country Director for the International Monetary Fund (IMF), Dr. Albert Touna Mama, says it is unfair for anyone to suggest that Ghana has nothing to show for its many programmes with the IMF. According to him, the country cannot be said to have stagnated throughout its various programmes with the IMF as the fund…
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Africans must trade more among themselves – Togbe Afede
Togbe Afede XIV, Agbogbomefia of Asogli State has called on African countries to encourage trading among themselves to enhance living standards across the continent. He said Africans must redirect spending to the continent to help foster stronger continental integration, the prime objective of the Africa Continental Free Trade Area (AfCFTA). Togbe Afede made the call…
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Ghanaians urged to take advantage of International Development Fund
The Programme Coordinator for the International Development Fund in Ghana, Jelili Jerry Afolabi, has urged Ghanaian entrepreneurs to explore international opportunities in development finance under the International Development Fund. Addressing participants during the first IDF funding seminar organized by WABS Consult in Accra, Mr. Afolabi said the IDF provides collateral-free financial resources for the execution…
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Stakeholders laud managers of ICUMS for improving efficiency at the ports
One year since the implementation of the Integrated Customs Management System (ICUMS), the Importers and Exporters Association of Ghana says it has experienced significant improvement in its transactions at the ports. There were agitations when it was initially introduced, as some stakeholders had concerns over the system, but it appears the dust has finally settled.…
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BOST justifies recent margin increase in petroleum price buildup
The Bulk Oil Distribution Company, BOST, has justified the recent increment in its margins which are part of the petroleum price buildup at the pumps. The company stated that the margin is key to ensuring it can run its daily operations. The Managing Director of BOST, Edwin Provencal, said although the financial status of his…
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Reconsider plans to reduce subsidy on fertiliser – Peasant farmers to government
The Peasant Farmers Association is hoping its meeting with the Ministry of Agriculture will yield favourable results on its concerns over the government’s decision to reduce the subsidy component on the price of fertiliser for the 2021 farming season. The move by the government according to the farmers has led to an increase in the…