Tag: Citi Business News
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Cylinder Recirculation Policy to begin in parts of the country by December
The government has announced that the Cylinder Recirculation Policy is set to kick off in parts of the country by the end of the year. This comes years after the policy was introduced as a stop-gap measure following the atomic junction gas explosion saga in 2017. Speaking at the Ghana International Petroleum Conference, Chief Executive…
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EOCO, SEC caution public against doing business with these 17 unlicensed entities
The Securities and Exchange Commission (SEC) is cautioning the public against doing business with some 17 entities providing investment products without a license. In a joint statement issued by SEC and the Economic and Organized Crime Office (EOCO), it was revealed that these entities were found to be operating through online portals. This was a…
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Ghanaians express concern over NCA’s latest directive on SIM re-registration
Some Ghanaians have raised concerns over the latest directive by the National Communications Authority on the SIM re-registration exercise. The authority announced that Persons who are yet to commence re-registration of their SIM cards or yet to fully complete the process will begin to experience interruptions in their service for two days a week till…
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Our cars to sell for cheaper soon- locally assembled automobile companies
Locally assembled automobile companies in Ghana are optimistic about a significant drop in the price of their vehicles soon. This is based on the government’s Ghana Automotive Development Programme which would give such businesses tax breaks of up to 10 years. A Brand Manager at Silver Star Auto, Delali Greenstock, whose outfit is collaborating with…
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Invest for Jobs and partners of N4G Project graduates 654 girls trained in fashion skills
The Network for Enterprise Development Learning through Sewing (NEEDLES) for Girls – (N4G) project was officially launched in Tamale on May 26, 2021, amidst a career day event. Fourteen months down the lane, 654 girls have successfully completed the training out of 850 girls who were selected from 1,500 girls who registered for the project.…
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We remain committed to getting LPG retailers to resume operations – NPA
The National Petroleum Authority (NPA) has assured consumers of its commitment to getting LPG Retailers to resume operations soon. Speaking to Citi Business News, the Communications Manager at NPA, Mohammed Abdul-Kudu, stated that his outfit is working hard to have the issues resolved. He stated that the assurance he could give to the consuming public…
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Eximbank commits $10 million to sustain Ghana’s largest yam exporter position
The Ghana EximBank is set to commit 10 million dollars to the sector to sustain Ghana’s position as the world’s largest exporter of yam. Speaking to the media on the sidelines of a stakeholder forum on yam exports, Chief Executive Officer of the Ghana EximBank, Lawrence Agyinsam, stated that the amount his outfit is committing…
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Delay in paying contractors worsening govt’s debt position – Construction Chamber
The government’s consistent delay in the payment of contractors is further worsening its debt position. This is according to the Ghana Chamber of Construction industry, which stressed that the government’s non-payment continues to attract penalties which balloon the amount owed them. CEO of the Chamber, Emmanuel Cherry stated that “if a contract is being given…
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Oil & Gas Service providers call for enforcement of regular fuel storage tank cleaning rule
To ensure the quality of petroleum products sold at the pumps is not compromised, players in the oil and gas services sector are demanding the strict enforcement of standards and protocols across the value chain. The National Petroleum Authority was established by law to regulate the petroleum downstream industry in Ghana and Benjamin Armstrong, the…
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GACL Board Embarks On Working Visit To Regional Airports
The newly appointed Board of Directors of Ghana Airports Company Limited (GACL) have paid working visits to Kumasi, Tamale, Sunyani, and Wa airports. The visit afforded members the opportunity to acquaint themselves with developments at the regional airports and inspect ongoing projects. Tamale Airport The Board visited Tamale Airport to inspect ongoing expansion works, expected…