Tag: Citi Business News
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Ofori-Atta’s approval by Parliament disappointing – ASEPA
The Alliance for Social Equity and Public Accountability (ASEPA) has described the approval of the Finance Minister as unfortunate. The group had earlier in a 37-page petition to the Appointments Committee of Parliament, indicated that based on Mr Ofori-Atta’s role in the collapse of some financial institutions, among others, it believed he was no longer…
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Parliament approves Ofori-Atta as Finance Minister
Parliament has approved the nomination of Ken Ofori-Atta as Ghana’s Minister of Finance. Mr Ofori-Atta was approved on consensus following recommendations by the Appointments Committee. He was vetted by the Appointments Committee last Thursday and Friday. Mr Ofori-Atta is the last substantive minister of President Akufo-Addo to be approved by Parliament. His vetting was postponed…
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Fuel prices likely to remain unchanged in April – IES
Consumers should be able to heave a sigh of relief as the price of fuel at the various pumps for the first pricing window in April 2021 is expected to remain unchanged. This is according to the Institute of Energy Security (IES). IES in a press statement indicated that the 2.05% decrease in the price…
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We have zero casualties since commencing operations – Sunon Asogli
The safety department of Sunon Asogli Power Plant is admonishing businesses, especially in the power sector to work to improve safety at their workplaces. According to the company it hasn’t recorded any workplace-related causalities since its establishment, a fete it believes was accomplished by strict adherence to its safety protocols. In an interview with Citi…
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Address political inferences in operations of TOR – Energy Consultant
Energy Consultant, Dr Yussif Sulemana has commended the government for its commitment to revamp, Tema Oil Refinery (TOR). The country’s only oil refinery has not been operational for a while now due to several challenges, including the inability of the entity to pay its workers. But the Energy Minister, Matthew Opoku Prempeh, in a recent…
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ICT will be critical in Ghana Enterprise Agency’s operations – Kosi Yankey-Ayeh
The Executive Director of the Ghana Enterprises Agency, Kosi Yankey-Ayeh has hinted that the activities of the new entity will rely significantly on Information Technology. The Ghana Enterprises Agency Bill which was passed recently, converted the National Board for Scale for Small Industries (NBSSI) into an agency to oversee, coordinate, promote and develop Micro, Small…
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Review cost of data in Ghana – AGI to government
The Association of Ghana Industries, AGI, says for small and medium enterprises (SMEs) in the country to stay competitive amid the COVID-19 pandemic, the cost of data must be given a critical look. Although a recent survey by a British technology research firm, Cable, has shown that data cost in Ghana is ranked the sixth…
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Establish processing plant to address egg glut – Farmer association
The Greater Accra Poultry Farmers Association is proposing an egg processing factory as a solution to the challenge of a glut on the market. According to the association, this move will significantly reduce the loses of farmers who are currently having challenges selling their eggs. Michael Nyarko-Ampem, the President of the Greater Accra Poultry Farmers…
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Government must tackle tax evasion to boost revenue – AOMCs
The Association of Oil Marketing Companies believes government may not have to introduce new taxes on petroleum products if steps are taken to address the issue of tax evasion. A recent report by the Chamber of Bulk Oil Distributors (CBOD) revealed that Ghana lost GH₵1.9 billion to tax evasion in 2019. Speaking to Citi Business…
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Government’s proposed Housing Authority must be run by technocrats – GREDA
The Ghana Real Estate Developers Association is calling for the government to speed up the establishment of the proposed Ghana Housing Authority. The Association however believes that ensuring the authority is ran by technocrats and industry players who understand the country’s housing sector is key to ensuring it remains relevant in addressing the country’s housing…