Tag: Citi Business News
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Qatar Airways to launch four weekly flights to Accra starting Sept 29
Qatar Airways has announced that will operate four weekly flights to Accra, via Lagos from 29 September 2020 becoming the fourth new destination launched by the national carrier of the State of Qatar since the start of the pandemic. The Accra service will be operated by the airline’s state-of-the-art Boeing 787 Dreamliner featuring 22 seats…
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48,998 firms in manufacturing sector closed down during lockdown – GSS
Data from the Ghana Statistical Service, GSS, indicates that the shock caused by the COVID-19 pandemic had considerable impacts on Ghanaian businesses, forcing many firms to shut down. According to the data, the accommodation and food sector, for example, saw over 29,000 businesses closing down during the lockdown period with about 17 of those businesses…
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Shop owners at Accra Mall demand reduction in high rent charges
A group known as the Accra Mall Tenants Association is calling on government to assist them to engage with management of the Mall over what they call exorbitant rent and service charges they pay to do business at the facility. The shop owners say although managers of the Mall offered them some relief package due…
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MTN Ghana vs. NCA: Telecoms giant heads to Supreme Court for review
Telecommunications giant, MTN Ghana, has filed an application at the Supreme Court seeking a review of the High Court ruling that quashed its suit against the National Communication Authority’s declaration of the network as a Significant Market Power (SMP). MTN Ghana has said it took this action on Friday September 4, 2020, after a careful …
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Huawei Y series raises bar with introduction of high definition camera and super long lasting battery
Huawei’s entry-level Y series has a reputation for bringing in features from more premium phones, giving it a competitive edge in its segment. Be it camera, battery life, overall performance or even design ethos, each device in the HUAWEI Y series is designed to make premium features accessible to more users. This is evident in…
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Huawei users now have Petal Search – an open gateway to a million apps
Huawei has recently introduced one more way of offering mobile applications to users; the latest platform – Petal Search – is a gateway to a million apps and it complements the ever-expanding HUAWEI AppGallery. The new search tool helps Huawei smartphone owners easily search for and find all the Apps they need. Petal Search delivers…
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GUTA calls for inclusion of trade unions in Ghana-Nigeria talks
The Ghana Union of Traders’ Association, GUTA, says the ongoing deliberations seeking to improve trade relations between Ghana and Nigeria would fail if such discussions are not spearheaded by the leading trade organizations in the two countries. The comments follow ongoing discussions between a Nigerian delegation led by the Speaker of the Nigerian House of…
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Ursula welcomes dismissal of MTN’s suit over market share regulation
The Minister of Communications, Ursula Owusu-Ekuful, has welcomed the decision of the Commercial Division of the High Court in dismissing MTN’s suit against the National Communications Authority. According to her, the ruling will give the regulator the opportunity to begin work on the implementation of specific measures within the telecommunications industry to provide a level-playing…
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NIB must focus on its mandate to stay competitive and profitable – Banking Consultant
Banking Consultant, Nana Otuo Acheampong, has expressed optimism about the prospects of the National Investment Bank, NIB, following government’s injection of GH¢800 million into its operations to help close its capital deficit. The injection of funds, which is in the form of a bond issued to the bank earlier in August this year, is part…
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Government injects GH¢800m into NIB operations
The government has injected GH¢800 million into the National Investment Bank (NIB) to help close the bank’s capital deficit and boost its operations to support the national industrialisation agenda. The injection of funds, which is in the form of a bond issued to the bank earlier in August this year, is part of efforts to…