Tag: Ghana Business News
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No gov’t interference in new national airline – Aviation Minister
Aviation Minister, Cecilia Abena Dapaah has disclosed that there will be no government interference in the operations of Ghana’s new national airline. According to her, the decision is to promote efficiency and avert another collapse of the proposed new national carrier. The Minister made the remarks when she joined a panel to discuss ways on…
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Western region fishermen defy order on illegal fishing
Illegal fishing activities continue to impact Ghana’s fishing industry. The development is reported to have reached alarming proportions as the country spends millions of cedis to address the impact of the menace. But checks at some fishing centres in the country reveal that the fisher folks may not be ending their deeds anytime soon. Citi…
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Declining oil prices will least affect Ghana – Economist
Some Economists have ruled out any significant impact on Ghana’s economy following the declining global oil prices. The decision by Oil Producing and Export Countries (OPEC) including Russia to cut down production due to increased supplies has resulted in a drop in prices. Contrary to the expectations of many investors in the oil and gas…
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Lower production cost to result in single digit inflation
The Bank of Ghana (BoG)’s medium term inflation target could be attained should government tackle challenges facing the supply of critical services in the country. This is the position of Economist, Adu Owusu Sarkodie. “If the supply side of inflation is addressed together with the demand side which mainly borders on money supply, then I…
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GIPC to become one-stop-shop for investors
The Chief Executive Officer of the Ghana Investment Promotion Center (GIPC), Mr. Yofi Grant, has disclosed that his vision is to promote the GIPC as a strategic partner in Ghana’s development drive. Towards this effort, the agency will be rebranded as a one-stop-shop for investors. He said his outfit is geared to promote the country’s…
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![Citi Business Festival 2017: What to expect [Infographic]](https://citibusinessnews.com/wp-content/uploads/2016/06/CITI-BUSINESS-FESTIVAL-620x330-1-1.jpg)
Citi Business Festival 2017: What to expect [Infographic]
This year’s edition of Citi FM’s most patronized business event, the Citi Business Festival, is set to assemble the best resource persons to address pertinent issues in different fields. The infograph below has more on what to expect. – By: Citibusinessnews.com/Ghana
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Timing of energy bond critical for its success – Prof. Bokpin
Economist, Professor Godfred Bokpin has told Citi Business News the seeming delay in the issuance of the energy bonds may be deliberate to attract more buyers. He has however urged government to expedite processes to issue the energy sector bonds and improve the financial and energy sectors. According to Professor Bokpin, the country will suffer…
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Wider coverage of visa on arrival to boost tourism – Hoteliers
Some hoteliers have impressed on West African authorities to work to extend the visa on arrival policy to foreign tourists in a bid to boost the sector’s growth. They argue that the move should also ease the barriers restraining some tourists into the continent. The comment comes on the back of the launch of the…
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Agric export revenue drops by 6.5% in 2016 – Report
Figures by the Ghana Export Promotion Authority (GEPA) have shown that export earnings from the Agricultural subsector for 2016, dropped by 6.49%. Export earnings for 2016 is estimated at 371 million dollars compared to an estimated 396 million dollars recorded in 2015. Agric exports however contributed 15% to the total non-traditional export earnings in 2016.…
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High cost of production threatens housing sector – GREDA
The Ghana Real Estate Developers Association (GREDA) has stated that the industry is facing huge crises due to its unproductive nature. The Association has attributed this to the low patronage as a result of the high costs of properties. According to GREDA, though its members are expected to produce about 70, 000 houses, they only…