Tag: Citi Business News
-
Bring back national shipping line to save the cedi – GIFF
The Ghana Institute of Freight Forwarders is making a case for the reintroduction of a national shipping line, the Black Star Line. According to the institute, this will help bring competition amongst the various shipping lines while helping to address the issue of the depreciating cedi due to significant funds that are repatriated out of…
-
Lands Commission to inaugurate Ahafo and Bono East Regional offices
The Deputy Minister for Lands and Natural Resources, Honorable Benito Owusu-Bio would be inaugurating the Lands Commission’s Ahafo and Bono East regional offices on Thursday 7th April and 8th April 2022 respectively. It is a constitutional mandate for the Commission to establish its offices in all the sixteen regions of Ghana. The exercise also forms…
-
Lands Commission establishes offices in newly created regions
As part of efforts towards decentralising its operations, the lands commission says persons who plan on registering their lands in the newly created regions no longer have to go to their former regional capitals to do so. According to the commission it has established offices in all the newly created regions to help facilitate its…
-
SSNIT to rope in 1 million informal sector pension contributors next year
As part of efforts towards increasing pension penetration in the country, the Social Security and National Insurance Trust (SSNIT) says it plans on roping in about one million contributors from the informal sector in the next year. The Director-General of SSNIT, Dr Ofori Tenkorang, stressed that his outfit was confident of achieving this set target…
-
Event vending industry confident of a rebound as COVID-19 vaccines prove effective
The Event Vendors Association of Ghana says as the COVID-19 vaccines continue to prove to be effective, it is confident that its members will be able to bounce back this year. Speaking to Citi Business News, the President of the Association, Kate Hassan, was optimistic that event organisers would soon be able to make up…
-
Gov’t can use platforms like ours to enhance property rate collection – Meqasa
Players in the online-real estate retail space believe their platforms can help the government’s ability to tax property owners. The government through the various Metropolitan, Municipal, and District Assemblies has over the years had a major challenge with efficiently collecting property taxes from various property owners across the country. This has had a negative effect…
-
Audit Agency to be upgraded to a service – Abena Osei-Asare
The Ministry of Finance has indicated that plans are underway to upgrade the internal audit agency to a service. This according to the ministry is part of efforts towards strengthening the agency in the performance of its functions. The development with the agency was revealed by a deputy Minister of Finance, Abena Osei-Asare who was…
-
Stakeholder engagement critical to GRA’s e-commerce taxation move – Digital Marketer
Stakeholders in the e-commerce space and a digital marketer Naasei Boadi believes it is important that the benefits players in the space stand to gain from the E-Commerce tax is clearly spelt out to ensure compliance. He argues that this would help prevent similar resistance as the e-levy is currently experiencing. Mr Boadi stressed that…
-
AOMCs lament constant hikes in fuel prices
The Association of Oil Marketing Companies says the constant hike in the price of fuel on the global market is taking a toll on their businesses. Speaking to Citi Business News, CEO of the Association of Oil Marketing Companies, Kwaku Agyemang Dua stated that the development has compelled OMCs to reduce their margins to stay…
-
Fuel prices to go up again by about 30 pesewas – COPEC
As fuel prices continue to hike, consumers may have to brace themselves for more shocks in the next couple of days. The Chamber of Petroleum Consumers Ghana (COPEC) is forecasting fuel prices could go up by up to 30 pesewas soon. Executive Secretary of the Chamber of Petroleum Consumers Ghana (COPEC), Duncan Amoah said in…