Tag: Citi Business News
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![Pencil art industry; challenges and opportunities in Ghana [Video report]](https://citibusinessnews.com/wp-content/uploads/2020/11/maxresdefault.jpg)
Pencil art industry; challenges and opportunities in Ghana [Video report]
Love for pencil drawing is gaining appeal in Ghana. There are reports that arts and culture contributed about 800 billion dollars to the American economy. With regard to painting, sculpture and the likes, it is believed that, that sub-sector is worth over 60 billion dollars. But how big is the market for pencil art in…
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Don’t impose taxes on fuel after 2020 elections – COPEC cautions government
The Chamber of Petroleum Consumers (COPEC) has called on government to ensure it desists from introducing new taxes on petroleum next year. Speaking to Citi Business News, Executive Secretary of COPEC, Duncan Amoah said, whichever party that wins the upcoming elections should desist from the act as it greatly inconveniences the average Ghanaian. He stated…
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Revamp TOR to ensure investor confidence for petroleum hub – COPEC to Government
The Chamber of Petroleum Consumers (COPEC) says government must get the Tema Oil Refinery up and running if it hopes to attract funding for its planned petroleum hub. Executive Secretary of COPEC, Duncan Amoah, says the current state of TOR will not boost investor confidence to raise funds for the petroleum hub. He stated that,…
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Government defends terminating, re-awarding Accra Intelligent Traffic Management contract
Government has defended its decision to change the contractor for the implementation of the Accra Intelligent Traffic Management Project. Speaking to Citi Business News, Chairman of the Defense and Interior Committee of Parliament, Seth Acheampong, indicated that government did not agree with the conditionality in the previous contract hence the decision to terminate it. He…
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ECG to boost revenue mobilization with remote sensing technology – Amewu
Energy Minister, Peter Amewu, has indicated that the Electricity Company of Ghana, ECG, is expected to see an improvement in its revenue collection. According to the Minister, ECG has begun piloting a remote sensing technology that will help in the process. “So, going forward, we will significantly improve revenue collection with the implementation of a…
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We’ve created vibrant agric sector; Ghana now net exporter of foodstuffs – Akufo-Addo
The President, Nana Addo Dankwa Akufo-Addo, says his tenure of office, over the last three years and ten months, has seen to the creation of a vibrant agricultural sector in Ghana, with the country, during the period, transformed into a net exporter of foodstuffs. Speaking at the 36th Farmers’ Day celebration, which was held on…
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The New Note 8 – Infinix unveils an all-rounder for success
Infinix has released its new Note 8 and it exudes sleekness and power. The premium online-driven smartphone brand has once again outdone themselves with an excellent all-round smartphone model that is targeted at the mid-to-high end market segment. The new Note 8’s high performance will make it one to watch and for others to envy.…
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GNCC intensifies efforts to stop importation of substandard goods
The Chief Executive Officer of the Ghana National Chamber of Commerce (GNCC), Mark Badu Aboagye says his outfit has intensified measures to prevent the importation of substandard goods by its members ahead of the Christmas season. According to him, the GNCC is working in close collaboration with the Ghana Ports and Harbours Authority and other…
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Gov’t must reduce $150 fee for COVID-19 test – Tourism Chamber
The Chamber for Tourism Industry Ghana has appealed to government to drastically reduce the $150 fee for COVID-19 test at the country’s Airport if it is indeed committed to reviving the tourism sector which has been badly hit by the COVID-19 pandemic. The Chamber has been opposed to the charge describing it as a disincentive…
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Passage of Real Estate Authority Bill will sanitize the sector- Meqasa CEO
Stakeholders in the housing industry have welcomed the passage of the Real Estate Authority Bill, 2020. Parliament earlier last week passed the bill which will become law pending the assent of the President. Kelvin Nyame, is the CEO of Meqasa, an online real estate platform, believes the introduction of the bill will help sanitize the…