• Coming up roses

    Heading for a Russian wedding AROUND THE EDGES of Lake Naivasha, under the shadow of a dormant volcano, Mt Longonot, one of Kenya’s most successful export businesses of recent years has become established. All around the lake, and off dirt roads that lead from it, are acres and acres of plastic ...

  • Karpowership debunks reports of low power supply

    Karpowership Ghana Limited has debunked reports that it is producing below capacity, stating that they are committed to supplying sustainable and affordable electricity to Ghana. In a statement copied to Citi Business News, the company insisted that it has been producing, on average, 210 MW of uninterrupted power for Ghana ...

  • Citi Breakfast Show, Wednesday, 13th April, 2016

    The Citi Breakfast Show team on Wednesday, April 13, 2016 discussed living conditions of fisher folks across the country. The General Manager of Sea Freight Pineapple Exporters in Ghana, Stephen Mintaah later joined the team to explore the state of the export industry in Ghana. The post Citi Breakfast Show, Wednesday, ...

  • Pineapple exporters ‘cry’ over looming job losses

    Thousands of workers employed by the Sea-Freight Pineapple Exporters of Ghana (SPEG) are set to lose their jobs due to delays on the part of government in signing the Economic Partnership Agreement (EPA) with the European Union (EU) by October 1. The Government of Ghana is expected to sign the ...

  • Farmers sensitized on agribusiness

    Nucleus farmers in the Savannah Ecological zone have been tasked to improve their farming methods in line with agric business principles. Zonal Coordinator and Senior Rural Infrastructure Engineer of the Ghana Agriculture Commercial Project (GCAP), Bloomfied C. Attipoe, made the call at a three-day farmers capacity building workshop held in ...

  • GIPC named best agency in West & Central Africa

    The Ghana Investment Promotion Centre (GIPC) has been adjudged the Best Investment Promotion Agency (IPA) in West and Central Africa for 2015 at the Annual Investment Meeting (AIM) Awards in Dubai. The AIM Investment Awards, which is organized under the patronage of Sheikh Mohammed bin Rashid Al Maktoum, Vice President ...

  • President Mahama & Ethiopian PM tour Touton Cocoa Processing Company (photos)

    President John Dramani Mahama and the visiting Prime Minister of Ethiopia, Haile Mariam Desalegn, have visited and toured the factory of Cocoa Touton Processing Company (CTPC) at the Tema free zone enclave, as part of activities aimed at highlighting Ghana’s sturdy growth and development in the manufacturing sector of the ...

  • AU to introduce African passport in July 2016

    Africa will have its own passport from July 2016. The move is to enable easy movement of Africans within the continent. The move will see all African countries granting a 30-day visa on arrival to all African passport holders. Earlier Ghana’s Foreign Affairs Ministry clarified that the visa-on-arrival policy for ...

  • Dep. Governor of BoG expresses optimism in economy  

    A deputy governor of the bank of Ghana, Millison Narh has stated that projections in the first quarter of the year indicate the country will experience substantial economic growth in the near future. According to him, recent reading of headline inflation has shown a decline to 18.5 percent in February ...

  • Damaged turret forces Tullow to revise operations on FPSO

    Oil production giant, Tullow Ghana says it is working to resolve a technical challenge associated with the turret bearing of the FPSO Kwame Nkrumah. According to Tullow, the turret bearing is damaged making it unable to perform as originally designed. A statement issued by the company however says oil production ...

  • Exports from Ghana to EU to stop if…

    Ghana’s delay in signing a substantive Economic Partnership Agreement (EPA) with the European Union (EU) has got exporters worried as a 20.5 percent tariff increment looms. Government has until October 1, this year to sign unto the agreement even though its intentions are unclear, sending mixed signals to exporters who ...

  • GIPC, Oxford Business Group to launch new report on Ghana

    Ghana Investment Promotion Centre will support Oxford Business Ghana in its information gathering and research process for its 2017 report on Ghana’s economy. The project, named The Report Ghana 2017 will explore Ghana’s plans to broaden its economic base by sharpening its focus on adding value to commodity exports, especially gold. ...

  • ECOWAS nationals exempted from visa-on-arrival policy – Foreign Ministry

    The Ministry of Foreign Affairs says citizens within the ECOWAS sub-region won’t have to obtain visas before entering Ghana. According to the Ministry, there were some media reports in Nigeria misinterpreting a statement made by President John Dramani Mahama about a move to grant citizens within the African Union traveling ...

  • Ghana tests murky Eurobond waters

    Ghana’s Ministry of Finance has officially denied that it is doing a road show in order to issue new Eurobonds imminently. An official statement from the Ministry at the beginning of the week claimed that the ongoing road show, which is taking its officials and representatives of the Bank of ...

  • Vodafone to hand over Ghana Telecom university & other assets to Gov’t

    Vodafone Ghana has voluntarily decided to hand over close to 18 of its prime assets to Government. Steps are currently underway to formerly transfer the assets, among which is the Ghana Telecom University, to government. Notwithstanding the fact that these are assets legally acquired and paid for under the Ghana ...

  • Efficient business strategies will prevent layoffs – HR expert

    Human Resource Executives are urging companies in the country to restructure their company strategies and policies to avoid layoffs this year. Current economic challenges in the country last year pushed many companies to lay off workers in a bid to stay afloat. Early this year, the Ghana Employers Association warned ...

  • No company leaving Ghana over ‘poor’ economy – Mahama

    President John Dramani Mahama has defended his government’s management of the Ghanaian economy, claiming the nation’s economy has become very resilient under his presidency. The President made the comments in an interview with Takoradi-based Twin-City Radio in the Western Region on Wednesday. The comments come at a time of increasing ...

  • High aviation taxes to be reviewed

    Negotiations between the Ghana Civil Aviation Authority and the transport ministry over concerns of airline operators over high taxes facing the industry, may end with the airlines having their way. According to the Authority, it is working with the Ministry and the Ghana Airport Company to provide a favourable business ...

  • Gender Ministry to collect data for National Household Registry

    The Ministry of Gender Children and Social Protection (MoGCSP) has signed an agreement with Genkey Solutions BV, a private biometric company, to help in the collection of data for the Ghana National Household Registry (GNHR). The Deputy Minister of the MoGCSP, Ms Dela Sowah, signed for the ministry while the ...

  • Wampah’s exit plotted to repeat 2012 reckless spending – Sir John

    The exit of Dr. Henry Kofi Wampah as the Governor of the Bank of Ghana should make all Ghanaians, the IMF, and the international business and investor community extremely worried because it “paves the way for another wholesale pillage of the vaults of the central bank,” according to Kwadwo Owusu-Afriyie, ...

  • Alisa hotel now Swiss Spirit Hotel and Suites Alisa

    Swiss International Hotels and  Resorts has signed a license agreement with the owning company of Alisa Hotels Accra, in a partnership deal which will help upgrade facilities, and improve services to meet global standards in the hospitality and hotel industry in Ghana. The flagship property of Alisa Hotels, situated in ...