Tag: Citi Business News
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John Allotey sworn-in as new CEO of Forestry Commission
The Minister of Lands and Natural Resources, Mr Kwaku Asomah-Cheremeh, on Monday, swore Mr John Allotey into office as the new Chief Executive Officer (CEO) of the Forestry Commission, replacing the late Kwadwo Owusu Afriyie. Mr Allotey was in an acting capacity until his confirmation as the substantive CEO and served as the Deputy CEO…
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15 CSOs demand immediate suspension of Agyapa Royalties deal
15 Civil Society Organizations (CSOs) under the umbrella name Alliance of CSOs working on Extractive, Anti-Corruption and Good Governance are demanding the immediate suspension of the implementation of the controversial Special Purpose Vehicle, Agyapa Royalties Limited established by government though the Minerals Income Investment Fund. The CSOs say until there is full disclosure on the…
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Group rolls out initiative to aid creation of viable cocoa value chain in Ghana
The Ghana Agricultural and Rural Development Journalists Association (GARDJA) has rolled out a new cocoa advocacy initiative aimed at helping to create a sustainable cocoa value chain in Ghana. According to the association, the initiative is in collaboration with various cocoa farmer-based organisations and other stakeholders and will draw attention to pertinent issues militating against…
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Cashew farmers in Bono Region lament Coronavirus-induced drop in sales
The outbreak of COVID-19 in Ghana has affected the local cashew Industry in the Jaman North Municipality of the Bono Region forcing some out of production. According to cashew farmers, their customers who are mostly outside the region have ceased buying their produce because of the outbreak of the pandemic. One of such is the…
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Cedi may not depreciate significantly for the rest of 2020 – Economist
An economic analyst with Databank, Courage Kwesi Boti has said he does not expect the cedi to depreciate significantly against major trading currencies at least for the remainder of the year. The local currency witnessed a 2.53 percent depreciation against the dollar from January to July 2020. A look at the performance of the local…
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Aviation Minister inspects second phase of Tamale Airport project
Joseph Kofi Adda, the Minister for Aviation, has again stressed that there were no plans from government to engage any company for the sale or hire of the Ghana Airport Company Limited (GACL) and its ancillary institutions. The Minister, who emphasised the government’s position on the speculated sale of GACL in Tamale, was there to…
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FDA allays fears of transmission of COVID-19 through poultry products
The Foods and Drugs Authority has allayed fears of animal to human transmission of COVID-19 following news that poultry products from Brazil have been affected by the virus. As such, countries including China and the Philippines, which receive poultry imports from Brazil have ceased to do so for the time being. Poultry farmers in Ghana…
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TUC demands immediate stakeholder meeting to discuss low lump sum pension payments
The Trades Union Congress (TUC) of Ghana has called on Government to immediately convene a stakeholder forum on pensions in the country. According to TUC, persons who retired from January 2020 and beyond are worse off as compared to the old pension system. This, the Union blames on what it says are incredibly low lump-sums…
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MTN Ghana to boost network infrastructure with $114.1 million investment
Chief Executive Officer of MTN Ghana, Selorm Adadevoh has announced that the company is transitioning from a traditional telecommunications firm to an emerging digital operator. He made this announcement after Board Chairman for Scancom PLC, Mr. Ishmael Yamson shared details of the financial performance of the company for 2019 with shareholders at the 2nd Annual…
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Farmers advocate for local consumption of poultry amid meat-induced COVID-19 scare in Brazil
Poultry farmers in Ghana are encouraging locals to consume poultry products produced locally. They are targeting to takeover 60 percent market share of the country’s total poultry consumption. Currently, Ghanaians consume only 10% of local poultry as compared to the more patronized foreign products which make up 90% of total consumption. The poultry farmers claim the…