Tag: Citi Business News
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Consultant welcomes Amazon, Twitter offices in Ghana but asks critical questions
Digital marketing and communications consultant, Naasei Boadi, says news of Amazon and Twitter establishing in Ghana could mean a potential employment boom for the country. The Finance Minister, Ken Ofori-Atta, at a recent press conference, hinted at the development and added that it was part of the government’s plan to address youth unemployment in the…
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Peasant Farmers concerned about Development Bank Ghana’s mode of operation
The Peasant Farmers Association of Ghana says it is disappointed that the yet to be established Development Bank Ghana will not deal directly with farmers. The bank is a major part of the GHS100 billion Ghana CARES ‘Obaatampa’ programme aimed at dealing with the devastating economic effects of the COVID-19 pandemic. Head of Programmes and…
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Take advantage of AfCFTA to sell more cocoa – Edward Boateng
Former Ambassador to China, Edward Boateng, says Ghana must focus on taking advantage of the African Continental Free Trade Area (AfCFTA) agreement on the sale of its cocoa. His comments come on the back of reports that China had begun the production of cocoa. According to him, “I think what we should be looking at is…
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Transportation in the capital: Businesses opt for tricycles due to lower cost
You may have noticed a tricycle in your neighbourhood either carrying foodstuffs, bags of sachet water or refuse. They clearly have become the new normal for carting moderate quantities of goods, although this wasn’t the case some years ago. They have become very instrumental in the logistics of some businesses lately, especially in the capital…
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Savannah Charcoal Ban: Government must highlight alternative sources of livelihood – Environmentalist
With the introduction of a ban on logging and commercial production of charcoal in the Savannah Region, Environmental Analyst, Desmond Appiah, says efforts must be made to highlight the available alternative sources of livelihood for persons involved in the value chain. “With everything we do that has a negative impact, somebody will make an argument…
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Public Safety Bureau wants transportation of petroleum products in Ghana regulated
The Bureau of Public Safety is calling on the various state regulatory agencies to reassess the transportation of petroleum products in the country, following the recent tanker explosion which resulted in the deaths of three people. In an interview with Citi Business News, the Executive Director of the Bureau of Public Safety, Nana Yaw Akwada,…
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AOMCs call on government to address revenue leakages in petroleum sector
The Association of Oil Marketing Companies is calling on the government agencies to do all they can to address all inadequacies in the petroleum sector which cause the country to lose revenue. According to the association, many of its members who are tax compliant are forced out of business by their non-compliant counterparts offering outrageous…
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Construction Chamber welcomes government’s move to establish Development Bank Ghana
The Ghana Chamber of Construction Industry has welcomed moves by the government to establish the Development Bank Ghana. In an interview with Citi Business News, the Chief Executive Officer of the Chamber of Construction Industry, Emmanuel Cherry, stated that the bank will be key to the development of the construction industry. “This has been one…
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We don’t foresee further rise in fuel prices soon – AOMCs
Board Chairman of the Association of Oil Marketing Companies, Henry Akwaboah has said that members of his association are unlikely to increase fuel prices as being anticipated. “Even though prices on the world oil markets have gone up slightly, I do not foresee oil marketing companies increasing their prices during this window. At least I…
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Fuel prices likely to go up by 8 pesewas today – COPEC
The Chamber of Petroleum Consumers (COPEC) has indicated that fuel prices are likely to go up by 8 pesewas from today, May 17, 2021. Executive Secretary of COPEC, Duncan Amoah, stated that this was due to a hike in prices of the product on the global market. “Geopolitical events over the past few days have…