Tag: COVID-19
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Ghana’s debt stock up by GHS43.5 billion
Ghana’s total debt stock has gone up again. According to the latest Summary of Macroeconomic and Financial Data from the Bank of Ghana, the total public debt stock which started the year at GHS219.6 billion, saw an accumulation of GHS43.5 billion in seven months. This brings the total debt at the end of July 2020…
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Fruit retailers lament drop in sales after initial Coronavirus-induced boom
About six months after the initial spike in demand and clamour for fruits of all types, to boost the immune system of Ghanaians to ward off COVID-19, some retailers of fruits say they have experienced a surprisingly significant drop in sales. Even though there was an increase in purchases in the first few weeks after…
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Stanbic Bank supports COVID-19 fight with test kits donation to GHS
As part of its ‘All for One’ campaign, Stanbic Bank Ghana has delivered 3,008 units of COVID-19 Polymerase Chain Reaction (PCR) test kits and 3,072 units of Nucleic acid (RNA) extraction kits to the Ghana Health Service (GHS) to enhance its COVID-19 testing and early case detection capacity. This is the second round of test…
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16 airlines commence full operations after reopening of KIA – Akufo-Addo
16 out of the 23 airlines that operated at the Kotoka International Airport (KIA) prior to its closure during the outbreak of COVID-19 have begun operations after the re-opening of the airport on September 1, 2020. This was disclosed by President Akufo-Addo on Sunday, September 20, 2020, during his 17th address to the nation on…
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Hoteliers demand government’s support for early recovery after COVID-19 impact
Players in the hospitality industry have asked the government for enhanced support to ensure a sustained recovery of their businesses from the effects of COVID-19. Even though the government has set aside various financial packages to aid players in the industry just like other sectors, the hoteliers say they need more interventions to save the…
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Printing firms optimistic of increase in revenue as election season approaches
There is no doubt that the Coronavirus pandemic has literally rendered some business activities ineffective. But with the easing of restrictions and the upcoming elections, one is expected to see some change. Citi Business News takes a look at how businesses are picking up for operators in the printing industry with a focus on Accra…
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COVID-19: Guiness Ghana launches Rise Up loyalty promo to support customers
In a bid to support its customers whose businesses were affected during the COVID-19 pandemic, Guinness Ghana, has launched the second phase of its Yen Nyin Mbom campaign which was started in 2019. Speaking to Citi Business News, Corporate Affairs Director of the company, Sylvia Owusu-Ankomah, said, the initiative, dubbed Rise Up, is intended to…
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Brussels Airlines reconnects Accra and Brussels from September 11
Brussels Airlines is getting ready to restart its commercial flights between Accra and Brussels on 11 September. To protect the health of its customers and staff throughout their travel journey, the airline has reviewed its services and processes and has taken the necessary measures, based on recommendations by the international aviation organizations IATA and EASA…
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COVID-19 pandemic: Supply of Aviation Fuel dropped by 60 % in 1st half of 2020
The supply of jet fuel to local and international airlines landing and taking off in Ghana witnessed a drop of about 60 percent in the first half of 2020. That’s according to data from the National Petroleum Authority, NPA. The dip in supply dropped to as low as 86 percent in the month of April…
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Gari processors at Akrofrom call for government support
The COVID-19 pandemic has undoubtedly taken a toll on all kinds of businesses whether big or small. In the Techiman North District of the Bono East Region for instance, some producers of Gari, a powdery food material flour made from cassava, have been counting their losses. The cassava producers, who are calling for government support,…