Tag: Ghana Business
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Dr Ben Asante appointed caretaker CEO of Ghana Gas
Renowned Engineer, Dr Ben K. D Asante has been appointed as the Caretaker Chief Executive Officer (CEO) of the Ghana National Gas Company (Ghana Gas). His caretaker position means he will act as the CEO of Ghana Gas until a substantive one is approved. Under his acting role he is also not permitted to take…
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Top managers of COCOBOD asked to proceed on leave
Eleven top management level staff of COCOBOD have been asked to proceed on leave by government with effect from today Monday 30th January, 2017. The eleven occupy positions including the Deputy Chief Executive – Agronomy and Quality Control, Deputy Chief Executive – Finance and Administration, Deputy Chief Executive -Operations, Director – Human Resource, Director Civil…
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AGI renews call for long term solution to load shedding
Following the official commencement of work by the Energy Minister, Boakye Agyarko, the Association of Ghana Industries (AGI) is advocating that the medium to a long-term strategic plan to correct the country’s power challenges is implemented. “We must make sure that particularly we can look beyond that short-term solution to our energy challenges. This time…
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![Hello Kigali: Experience to trigger radical change in Ghana [Audio]](https://citibusinessnews.com/wp-content/uploads/2017/01/WhatsApp-Image-2017-01-25-at-2.47.08-PM-2.jpeg)
Hello Kigali: Experience to trigger radical change in Ghana [Audio]
Business leaders who took part in Citi FM’s Hello Kigali trip, returned home over the weekend with a strong urge to transform and propel Ghana’s business sector. The participants belonging to various business sectors including technology, oil, and gas, finance, tourism, real estate, agro-processing as well as academia and the public sector spent four days…
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NPLs to drop further in 2017 first quarter – BoG
The Bank of Ghana is optimistic of a further drop in the Non-Performing Loans (NPLs) of commercial banks at least by the first quarter of this year. Figures from the central bank indicate that the NPLs which have been increasing since December 2015, started recording a marginal drop in November 2016. The figure decreased from…
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Solving funding needs of SMEs will curb unemployment in Ghana – Prof. Aryeetey
Former Vice Chancellor of the University of Ghana, Professor Ernest Aryeetey has advocated innovative measures in meeting the funding needs of Small and Medium Enterprises (SMEs) in the country. Professor Aryeetey argues that the country could significantly reduce the alarming unemployment rate should SMEs grow and create more jobs for the teeming unemployed youth. He…
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Insurers push for education et al to scale up microinsurance
Deepening education, enforcing collaboration and providing a strict legal framework will spur Ghana on to increase subscriptions for microinsurance, industry watchers have said. Although Ghana is currently placed second to South Africa in terms of percentage of population covered by insurance, the analysts believe much could be attained if the aforementioned factors are taken seriously.…
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![Hello Kigali: Business leaders arrive in Ghana [Photos]](https://citibusinessnews.com/wp-content/uploads/2017/01/WhatsApp-Image-2017-01-28-at-18.45.18-1.jpeg)
Hello Kigali: Business leaders arrive in Ghana [Photos]
Participants of Citi FM’s Hello Kigali Business Tour arrived in Ghana on Saturday evening. The Business Leaders from the private and public sectors returned to Ghana after a five day firsthand experience of the massive transformation in Rwanda following the country’s recent genocide history. Key turnaround stories include the adoption of technology in almost all…
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TOR explosion not to affect supplies – Acting CEO
The Acting CEO of the Tema Oil Refinery (TOR), Isaac Osei has allayed concerns over any significant impact on supplies of petroleum products following the suspension of works at the refinery. According to him, there is enough buffer to cater for a potential drop in supply of petroleum products. “The production in the meantime will…
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Ghana to pay 18.75 % interest on first 5 year bond in 2017
Ghana accepted 369.47 million cedis ($84.7 million) worth of bids for the country’s first five-year domestic bond issued on Thursday, January 26, 2017. Citi Business News understands total bids subscribed amounted to 420.14 million cedis. The rate for the bond is 18.75 percent. The cash will be used rollover forecast maturities, meet government’s financing requirements…