Tag: Citi Business News
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Political will needed to boost investment in renewable energy – IES
The Institute for Energy Security, IES, has stated that ample political will is required for Ghana to boost investment in renewable energy. According to IES, Ghana would have to draw lessons from countries like Kenya that are leading in the renewable energy sources on the continent. Speaking to Citi Business News, a fellow of the…
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GCAA workers embark on partial strike over land encroachment issues
Workers of the Ghana Civil Aviation Authority (GCAA) have threatened to extend their industrial action to affect international flights if encroachments on the company’s lands are not halted. For years, the workers have lamented the continuous encroachment of private developers on lands reserved for operations of the GCAA; a situation they believe affects the smooth…
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Create conducive environment for struggling sector to thrive -Tourism Chamber
The Chamber for Tourism Industry Ghana, has urged government to show more commitment to the sector if it is to recover from the impact of the covid-19. The sector has been one of the worst hit since the outbreak of the pandemic. Chief Executive Officer of the Chamber, Prince Ntiamoah Boampong, who Spoke to Citi…
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Multiple payment of levies a nuisance- Hotels Association laments
The Ghana Hotels Association is calling for a single window platform for the payment of all levies by its members. President of the Association, Dr. Edward Ackah-Nyamike, who made the call in an interview with Citi Business News said the current duplication of processes is an inconvenience for his members. “We have been talking about…
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Corruption risk assessment on Agyapa deal to boost investor confidence – Assibey-Yeboah
The Chairman of Parliament’s Finance Committee, Mark Assibey-Yeboah, says government’s decision to suspend the launching of the Initial Public Offering for the Agyapa Royalties deal will boost investor confidence. The decision was taken to allow the Office of the Special Prosecutor to conclude a corruption risk assessment on the deal. Speaking to Citi Business News,…
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Changing Business Trends: More physical shops now moving to online stores
The coronavirus pandemic has altered the way a lot of businesses operate. Some organizations have had to turn to online and virtual platforms in order to stay afloat, while many people are also resorting to e-commerce to limit human contact. Senam Blessman-Alornyeku for instance is a mother; and an entrepreneur; but she doesn’t have a…
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Fuel prices to reduce marginally towards end of 2020 – COPEC predicts
The Chamber of Petroleum Consumers, COPEC, has predicted that fuel prices in Ghana will continue to drop marginally for the rest of the year. The Chamber believes that based on happenings on the international oil market, consumers can expect to purchase fuel at reduced prices. Speaking to Citi Business News, Executive Secretary of COPEC, Duncan…
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President Museveni lauds introduction of Bsystems Collateral Registry System in Uganda
Ugandan President, His Excellency Yoweri Kabuta Museveni has applauded the introduction of the Bsystems Collateral Registry System now known as the Security Interest in Movable Property Registry System (SIMPO) in the country. According to him, the use of the online registry platform in the country will enable Ugandans to use their movable assets as collateral…
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NBSSI reiterates commitment to fairly disburse COVID-19 stimulus funds
The National Board for Small Scale Industries (NBSSI) has reiterated assurance of impartially disbursing funds from the Coronavirus Alleviation Program Business Support Scheme. This assurance is in response to claims by the Ghana Hoteliers Association that most of its members have been denied access to government’s COVID-19 stimulus package for businesses. Officials of the association had…
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IES demands more commitment from political parties on renewable energy
The Institute for Energy Security is demanding a lot more commitment from the governing New Patriotic Party and the National Democratic Congress in the renewal energy sector. Both parties had made provision for renewable energy in their respective manifestos but the energy think tank believes such promises are not enough. Speaking to Citi Business News,…