• Vodafone Ghana CEO leaves for Greece

    Vodafone Ghana’s CEO Haris Broumidis is leaving Ghana to take over the company’s operations in Greece, the company has said in a statement. Haris Broumidis is leaving Ghana after three years in charge but he is quite familiar with the Greek terrain where he was formerly the Marketing Director and ...

  • Rising to the top : Top female CEOs advise

    The Chief Executive Officer of the Women’s World Banking Ghana, Charlotte Lily Baidoo has urged young ladies to be determined in their quest to become successful career women. According to her, being able to surmount the challenges that come along with being a woman in a male dominated business world ...

  • BoG pushes for increase in benefits for depositors

    The Bank of Ghana is proposing an increase in the amount to be paid to depositors who lose their investments to financial institutions under the deposit protection bill. According to the governor of the central bank the figure must be reviewed upwards to allow confidence in the country’s financial system. ...

  • Consultant sues Kempinski hotel

    A business development consultant, Akumba Benedict Asamoaning has sued GCC Resorts Limited, parent company of Kempinski Hotel Gold Coast City, for the company’s inability to pay him for services he rendered the company as its Director in 2009. A writ filed at the High Court of Justice and cited by ...

  • Mahama launches TVET project in Ada

    President John Dramani Mahama has urged students pursuing courses in Technical and Vocational Education to approach their studies with diligence. According to the President, technical and vocational education constitute the middle level manpower needed to transform the industrial sector of Ghana’s economy. President Mahama made these comments when he cut the sod ...

  • More layoffs to hit economy in 2016 – Employers Association

    The Ghana Employers’ Association (GEA) has warned there will more layoffs this year following current economic developments in the country. According to the association, the unpredictable and unstable nature of the microeconomic environment, counterfeiting and illicit trade remains a big challenge to employers. Cost of borrowing has gone up to ...

  • Business’ strike halts full implementation of excise tax stamp

    Manufacturers and Importers will from today, be required to emboss tax stamps on their products before releasing them unto the market. This follows the implementation of the excise tax stamp policy by the Ghana Revenue Authority. While some manufacturers are expected to start complying with the directive from today, Citi ...

  • Ghana-Kenya business relationship to deepen

    President of Kenya, Uhuru Kenyatta has urged for stronger trade collaboration between Ghana and Kenya. According to him, Kenya possesses the requisite opportunities for business growth to enhance investments into both countries. Uhuru Kenyatta also believes harmonizing resources for business growth will reflect in the overall vision of the ECOWAS ...

  • Nigerian CEO attending Trade Fair exhibition dies in Tamale

    The Chief Executive Officer of the Nigerian Export Promotion Council who led a delegation to participate in Ghana’s International Trade Fair underway in Tamale, has died in the country. Confirming the incident to Citi News, the Public Relations Officer of the Northern Regional Police Command, ASP Ebenezer Tetteh, said the ...

  • Pirati Cyber nel Golfo di Guinea?

    GHANA Accra 05/03/2016. Il Maritime Trade Information Sharing Center, Gulf of Guinea (Mtisc-GoG) ha negato di aver subito una violazione dei dati che potrebbe aver portato i pirati a conoscere i dettagli, posizione compresa, Leggi tutto...

  • Capital in fetters

    A local fixture THE chairman of Barclays, a big British bank, was asked in a conference call last year whether the firm might draw back its investment in its listed African subsidiary. Actually, he replied, “we would probably be biased to own more than less.” Yet on March 1st Jes Staley, ...

  • FPSO Prof. JEA Mills arrives in Ghana

    The second FPSO Professor John Evans Atta Mills, which was constructed in Singapore has finally arrived in Ghanaian waters today. The vessel is expected to produce and store oil from Ghana’s Tweneboa-Ntomme-Enyenra (TEN) offshore oil fields. Citi Business News gathers the FPSO Professor John Evans Atta Mills will move directly ...

  • Abraham Attah gets 10,000 TOMS shoes for needy children

    The exploits of fast-rising and award winning Ghanaian actor, Abraham Attah, has caught the eye of US-based shoe company TOMS, who have announced a partnership with him, to donate 10,000 shoes to needy children in Ghana. The 15-year old, who was assisting his mother by selling on the street with ...

  • The true state of Ghana is ‘wretchedness’ – Minority Leader

    The Minority leader in Parliament, Osei Kyei Mensah-Bonsu, has bemoaned the poor state of Ghana’s economy calling it wretched and deplorable, highlighting the high cost of doing business and dwindling economic competitiveness. “A nation in catharsis, a nation whose economic fundamentals are in a wretched state, a nation with a apocalyptic debt ...

  • DKM saga: BoG cannot be fully blamed – Nana Otuo Acheampong

    Banking consultant and Head of the Osei Tutu II Centre for Executive Education and Research, Nana Otuo Acheampong, has told Citi Business News the Bank of Ghana cannot be faulted for the latest scandal that has hit the Micro-finance sector. His comments follow what President Mahama referred to as a ...

  • Turkish President to visit Ghana on Monday

    Turkish President, HE Recep Tayyip Erdoğan, will arrive in Accra on Monday for a two-day Official Visit. Accompanied by his wife and over 150 business and government officials, President Erdoğan will hold talks with President John Dramani Mahama at the Flagstaff House. The two leaders will hold a joint press ...

  • IMANI’s review of Mahama’s SOTN addresses from 2013 – 2016

    One of Ghana’s leading Think Tank,  IMANI Ghana, has reviewed President John Dramani Mahama’s State of the Nation Addresses delivered between 2013 – 2016. In the review, IMANI Ghana focuses on the President’s statements on the economy, education, health, agriculture among others. Below is the analysis carried out by the Think ...

  • Cancel planned strike over ‘killer’ taxes – Gov’t begs businesses

    The Minister of State at the Presidency in charge of Public Private Partnerships, Rashid Pelpuo, has called on the Private Business Consultative Forum to reconsider their decision to embark on a three- day strike beginning Monday February 29. Members of the Ghana Union of Traders Association (GUTA), Importers and Exporters ...

  • Full Text: 2016 State of the Nation address

    President John Dramani Mahama on Thursday February 25 2016 presented his last state of the Nation Address as his first four year-term comes to a close. The President, in the nearly four-hour delivery, addressed many critical sectors of the economy. Click here to download the full text of his address. – ...

  • Ex-Minister angry with Mahama for not honoring event

    A former Northern Regional Minister, Prince Imoro Andani is angry with President John Dramani Mahama for not attending the opening ceremony of the Ghana Trade Fair 20th exhibition organized in Tamale for the first time. As the Guest of honour, President Mahama was billed to launch the weeklong event which ...

  • Revealed: Water bill up 140%, not 67.2% as agreed

    Water bill has shot up by 140 percent, as against the 67.2 percent increase announced in December 2015 by the Public Utilities Regulatory Commission (PURC), according to the Business Finder. The development has sparked agitations among consumers at East Legon, Adenta, Haatso and its surrounding areas in Accra, who have threatened not ...