• Tagging Ghana as country with low purchasing power misleading -GSS

    The Ghana Statistical Service (GSS), has rejected assertions that Ghana’s consumer purchasing power is one of the lowest in Sub Saharan Africa. The Managing Director of Nielsen West Africa, Lampe Omoyele at an evening encounter with the Chartered Institute of Marketing Ghana, asserted that Ghana was one of four African ...

  • Africa health partners to collaborate in tobacco control

    Mr. Yaw Brobbey-Mpiani, the Deputy Director (Administration) of the Ghana Health Service, has expressed the need for stakeholders in health to harness their efforts in tobacco control in Africa. He said there are subtle attempts by the tobacco industry to rely on International Trade Agreements (ITA), to thwart the implementation ...

  • Importers slam GIPC over Ivory Coast relocation reports

    The Importers and Exporters Association of Ghana has discredited claims made by the Ghana Investment Promotion Centre (GIPC) about indigenous businesses relocating to Ivory Coast. According to the association, assertions made by the Centre on the relocation of businesses to Ivory Coast are inaccurate. CEO of GIPC, Mawuena Trebarh in ...

  • Citi Business Festival holds “An Evening with Lampe Omoyele” (photos)

    Citi Business Festival’s “An Evening with Lampe Omoyele” has been held at the Golden Tulip Hotel in Accra under the theme “Winning With The Consumer and Shopper”. Mr. Omoyele is the Managing Director of Nielsen West Africa. He is an accomplished business leader with over 25 years experience working with multinationals ...

  • Single Window project has reduced long hours at ports-CEO

    Management of West Blue Consulting, the company responsible for implementing the Ghana National Single Window programme at Ghana’s ports has disclosed to Citi Business News that the project has reduced long hours spent in importing and exporting goods. The programme, which is currently in its second phase was initiated by ...

  • GIPC dismisses relocation of businesses to Ivory Coast reports

    The Ghana Investment Promotion Centre (GIPC) has dismissed reports of indigenous businesses relocating to Ivory Coast. According to the GIPC, available statistics available to it does not reflect any such movement. There have been recent reports of some local and foreign businesses relocating to neighboring Ivory Coast following Ghana’s economic ...

  • Jospong group sensitizes businesses on compliance, ethics

    Jospong group of companies, (Jospong Group), and its flagship company, Zoomlion Ghana Limited, has held a workshop to sensitize local businesses on the culture of ethics and integrity, as part of its commitment to the promotion of the culture of compliance to local businesses in Ghana. The Jospong Group, whose ...

  • SSNIT spends GHc240m on posting cards

    Wrong addressing system continue to cost the Social Security and National Insurance Trust (SSNIT), huge sums of monies that could have been invested for good returns. Dr. Prosper Ayisah, Takoradi Area Manager, revealed that in 2015 alone, the Trust paid the Ghana Post GH¢240 million or Express Mailing System to enable ...

  • Citi Business website launched (photos)

    The most comprehensive business website, citibusinessnews.com has been launched at the La Palm Royal Beach Hotel in Accra. In a short remark, the Chief Executive Officer of Dalex Finance, Mr. Ken Thompson described the website as a game changer. “This is a game changer, that’s all I can say,”he said. ...

  • EU to lift ban on vegetable exports from Ghana

    The European Union (EU) Ambassador to Ghana, William Hanna has hinted of plans by the EU to lift the ban placed on the export of some vegetables from Ghana last year, because the produce did not meet the required quality standards. According to him, though there is a huge market ...

  • Gov’t, MTN partner to hone young IT skills

    The Minister of Communication, Dr. Edward Omane Boamah has urged young Ghanaians to pursue careers in Information & Communications Technology (ICT). According to Dr. Edward Omane Boamah, the youth must spearhead innovations and new technologies which will affect policies and programmes of government as technology evolves. Speaking at the launch ...

  • Investors urged to adhere to legal forms of acquiring lands

    The President of the Ghana Bar Association Mr. Benson Nutsukpui has urged investors to adhere to the legal procedures of acquiring lands for their prospective business endeavors in the country. According to him, going through the laid down procedures in acquiring lands in Ghana as investors will help safeguard them ...

  • Fix inflation, interest rates will come down- CEO of ETI

    The Group Chief Executive of Ecobank Transnational Incorporated (ETI) Ade Ayeyemi has stated that the high interest rates in the country are just a symptom of the real challenges in the economy. Currently, Ghana’s interest rate which is over 25percent is among the highest on the continent. This has affected ...

  • Ghana’s economy needs re-engineering – Bawumia

    Ghana’s economy has been described by running mate of the New Patriotic Party; Dr. Mahamudu Bawumia has one that needs re-engineering. This he said is because the economy has contracted following close to eight years of mismanagement by the governing National Democratic Congress (NDC) led by President John Dramani Mahama. ...

  • Blame Kufuor for power crisis, not Mahama – Spio

    Ghana’s Minister of Trade and Industry, Dr. Ekow Spio Garbrah, has blamed erstwhile Kufuor administration for the country’s unending power challenges. According to him, former President John Agyekum Kufuor’s administration failed to significantly improve the available power thereby complicating the problem as demand increased over time. “I’ve said we’ve had challenges for instance ...

  • Govt urged to engage local consultancy firms

    The Director of the Ghana Institute of Consulting, Mr. Richard Torkornoo has appealed to government to engage the services of local consultants with the requisite expertise before inviting foreign firms to undertake projects that could be handled by local consultancy firms. According to him, most of the projects undertaken by ...

  • La Banque mondiale alerte sur les bilans : Les entreprises comptent faux - Des sociétés produisent des états selon leurs intérêts

    L’information financière présente quelques faiblesses, notamment en termes de fiabilité et de sincérité. A cela s’ajoute le manque d’ouverture de la profession de comptable qui limite ses ressources, sa crédibilité et son poids. Des manquements révélés par une étude de la Banque mondiale sur les normes et pratiques en matière ...

  • Ghana seeks international airline giants to partner national airline

    The Government of Ghana has settled on picking an international airline giant to partner it for the new national airline. The latest moves follows the submission of a report by PricewaterhouseCoopers (PWC), the transaction advisor, on the need to get an experienced strategic airline partner with a global distribution network. ...

  • Fuel imports drop to $1.9 billion

    A $1.1 billion drop in the petroleum products import bill in 2015 is a clear manifestation that the high prices Ghanaians are paying for petroleum products is not justified. Ghana imported over 3.7 million (3,708,904.815) metric tonnes of petroleum products at a cost of over $1.9 billion in 2014, compared ...

  • Water Resources Minister lobbies for more Chinese investments

    The Minister of Water Resources Works and Housing, Dr Kwaku Agyemang Mensah has asked Chinese investors to increase their investments in Ghana. According to him, Ghana remains a stable democracy capable of promoting and safeguarding Chinese investments hence the need for more investments. The Minister made the call while he ...

  • West Africa: Delay in Endorsing EPA Affects Investment in W/Africa - Mahama

    [Daily Trust] Accra -The delay in signing the European Partnership Agreement (EPA) by Nigeria and Gambia has been described as a major disincentive to foreign investments in the West African region, President John Mahama of Ghana has said.