Ghana
Vai alla Scheda Paese »Action without thought is empty. Thought without action is blind.
— Kwame Nkrumah
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GRA to refund duty drawback to exporters on July 5
The Ghana Revenue Authority(GRA) has confirmed to Citi Business News that it will commence the payment of all outstanding duty drawbacks due exporters and manufactures next week. According to the GRA, the government through the Ministry of Finance has released funds to be paid to all eligible exporters under the ...
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Exporters threaten to drag GRA & Fin Ministry to court
Some local manufacturers and exporters have threatened to hurl the Ghana Revenue Authority (GRA) and the Finance Ministry to court over what they claim are deliberate delays in the payment of their tax refunds under the duty drawback scheme. Some of them who have been speaking to Citi Business News ...
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Kofi Boakye promoted to rank of Commissioner of Police
Ashanti Regional Police Commander, DCOP Nathan Kofi Boakye, has been promoted to the rank of Commissioner of Police by President John Dramani Mahama. His promotion took effect from June 1 2016, according to a statement from the Ghana Police Service. The statement also conveyed the Inspector General of Police (IGP), John ...
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Exporters demand EPA despite UK exit from EU
Major exporters to Europe are impressing on government to sign onto the Economic Partnership Agreement (EPA), despite the exit of the UK from the European Union. The exporters, who admit of possible distortions to Ghana’s export trade relations with the UK as a result of the development, however harbour fears ...
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Britain’s leave not to affect Ghana – EU relationship : Ambassador
The European Union has rejected claims it will make changes to the trade agreements between Ghana and the EU in the short to medium term following Britain’s decision to exit the union. According to the Head of the EU in Ghana William Hanna, all trade agreements or relations may remain ...
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GAWU decries fast decline in fishing sub-sector
Ghana’s fishing sector may face further decline if government does not undertake the required capital injection needed to revamp it, the General Agriculture Workers Union(GAWU) has warned. According to figures released by the Ghana Statistical Service on the first quarter GDP of 2016, the fishing sub sector recorded the least ...
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Citi FM holds maiden Innovation Summit [photos]
Citi FM has held its maiden Innovation Summit at the Kempinski Hotel in Accra. The summit which was part of the Citi Business Festival was under the theme, “The Future of Ghana Business”. Assembling some of the best brains in Ghana, the summit’s key speakers deliberated on topics which included; ...
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Not signing EPA before October risky – Hanna Tetteh
Ghanaian businesses may from October 1, 2016, not enjoy a duty-free and quota-free access to European Union (EU) markets, should Ghana fail to sign the interim Economic Partnership Agreements (EPA) with the EU. This was disclosed by Foreign Affairs Minister, Hannah Tetteh, at a crucial meeting with businesses on Thursday ...
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Reviewing NHIS: C’ttee pushes for guaranteed primary healthcare for all
The President’s technical committee tasked to review the National Health Insurance Scheme (NHIS) has recommended a guaranteed universal primary healthcare basket for all residents in Ghana. The committee has also proposed that, given the strides the country has made in maternal and child mortality and morbidity, a package of maternal ...
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Brexit will affect Ghana, UK trade relations – Hanna Tetteh
Ghana’s Minister of Foreign Affairs, Hannah Tetteh, has said the UK’s decision to leave the European Union will affect Ghana’s trade with that country. The Brits voted on Thursday to exit the European Union after more than four decades of joining the common market. “With regard to the UK and the European ...
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Ghana gets GHS811m from 5-yr bond at 24.5% yield
Government has accepted 811.04 million cedis ($208 million) worth of bids for a five-year domestic bond and will pay a yield of 24.5 percent, slightly lower than the yield at the previous issue, the Bank of Ghana has announced. According to the central bank, total bids tendered at the sale, ...
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Aviation industry is safe despite encroachment of airport lands – GCAA
The Ghana Civil Aviation Authority, GCAA, has allayed fears that the encroachment of airport lands will have dire consequences on the country’s aviation industry. The Authority has rather blamed the takeover of parts of its lands on challenges with title deeds. According to the GCAA, the situation has also resulted ...
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Ghana’s 2016 first quarter GDP grows at 4.9%
The first quarter provisional figures released by the Ghana Statistical Service (GSS) reveal that Ghana’s economy grew by 4.9 per cent. This is a few points up from the figure recorded during the same period in 2015. During the first quarter of 2015, the economy grew by 4.5%. The figures ...
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Interbank Instant Pay now possible in Ghana – GHIPSS
The Ghana Interbank Payment and Settlement Systems (GHIPSS) has introduced an instant payment system called “the Instant Pay” to quicken the payment of a third party through the banking system. The Instant pay Citi Business News understands allows account holders in banks to transfer money from their bank accounts to ...
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UGBS Launches Ghana Business Development Review (GBDR)
The Ghana Business Development Review (GBDR) report, the first of its kind was launched at the University of Ghana Business School Graduate building on Thursday, June 16, 2016. Prof. Samuel Agyei-Mensah, the Provost of the College of Humanities in his welcome speech, congratulated all the authors for excellently researching into ...
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New law to allow Immigration officers to carry fire arms
Personnel of the Ghana Immigration Service at the country’s borders will now use fire arms during border patrols. The Interior Ministry has announced a new law passed recently by Parliament makes it legal for personnel of the service to carry arms. Deputy Interior Minister, James Agalga announced this at a ...
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President Mahama to engage Ghana’s SME sector Tuesday evening
President John Mahama is scheduled to host an evening with some businesses with the Small and Medium Enterprise sector of the economy on Tuesday, June 21, 2016. The event under the auspices of the office of the President in collaboration with the Ghana Investment Promotion Centre (GIPC), is designed to ...
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CODAC sensitizes traditional leaders on Domestic Violence Act
The Community Development and Advocacy Centre (CODAC), in partnership with IBIS in Ghana, has sensitized chiefs, queen mothers and traditional leaders in the Upper East Region, on the Domestic Violence Act, 2007(Act 732), to empower them assist in curbing violence against women and girls in the region. The one-day sensitization workshop ...
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Veep pushes Russia to invest in Ghana’s oil industry
Ghana has intensified moves to get Russia to become one of the biggest players in the country’s oil and gas sector. Russia, which is rich in oil and gas, has not shown significant interest in Ghana’s oil and gas sector despite its involvement in some industries in Ghana. Ghana-Russia trade ...
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Ghana intensifies moves to get off PayPal’s blacklist
The Ghana Interbank Payment and Settlement Systems (GHIPSS) has told Citi Business News it has intensified moves to integrate online payment company PayPal unto its platform to allow Ghanaians purchase goods and services online. According to GHIPSS it has a robust system which is able to ward off fraudsters from ...
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GUTA fails to present petition to GRA over closure of shops
Citi Business News has learnt that the Ghana Union of Traders Association, GUTA, failed to present its petition to the Commissioner General of the Ghana Revenue Authority (GRA) on Friday over the closure of the shops of its members dealing in mobile phones. A total of 44 shops were on ...