BUSINESS NEWS

The committee constituted by the Minister of Local Government, Decentralization, and Rural Development (MLGDRD) Daniel Botwe, to investigate recent fire outbreak at the Kumasi Kejetia Market on 14th March 2024 has completed its work and submitted it’s findings report to the ministry in Accra 11th May 2023. The report includes …

The Minister of Trade and Industry, K.T Hammond has reiterated government’s commitment in providing employment avenues for the teeming number of youth in the country. This reiteration comes on the back of the nationwide commencement of the YouStart Initiative being implemented by the Ghana Enterprise Agency. The initiative promises to …

Passengers of British Airways are mounting pressure on the airline to reduce its fares by signing an online petition. The petition, which was published on charge.com, already has 1,035 signatories as at 13:17 local time on Monday 8 May 2023. The petition was started by one Esther Lulu who said …

The Environmental Protection Agency, (EPA) has disclosed that it will close down churches operating without a permit in the Volta Region. In an interview with Citi News, the Director of EPA in the Volta Region, Hope Smith Lomotey, said the move by EPA was necessitated after some churches in the …

On May 1, 2023, a trade fair organized by a Nigerian in Accra was disrupted after some members of the Makola Wig Sellers’ Association stormed the event grounds in a bid to stop the sales from going on. According to the association, the sales by the Nigerian threatened their business …

The Hair Dealers Association (HDA)  has raised serious concerns over inflows of foreign nationals invade into their businesses. Speaking at a news conference held in Accra, the president of the association, Madam Nana Adwoa Ennifo, said last Monday, May, 1st 2023, the association had a call from a true Ghanaians …

The Ghana Statistical Service has released the Ghana 2022 Annual Household Income and Expenditure Survey Labour Statics. This report includes statistics on economic activity status, employment status, youth not in employment and movement in and out of employment across economic sectors: Agriculture, Industry and Services. The Data from the Ghana …

President Nana Addo Dankwa Akufo-Addo has commissioned the Kia automobile assembly plant in Ghana, urging the vehicle manufacturer to work towards making their products affordable to the local consumer. Set up by Rana Motors Limited, a local licensed dealer for the South Korean automobile company, the plant, situated at Amasaman …

Parliament has approved a loan agreement between the government and the World Bank for an amount of $200 million to finance the Ghana Digital Acceleration Project.   The House also approved an amount of $150 million dollars for the financing of the West Africa Food System Resilience Programme phase 2 …

The Chamber of Petroleum Consumers Ghana (COPEC) has predicted stability in fuel prices in the first pricing window in the month of May.   According to COPEC, this is due to the decrease in international benchmark pricing of petroleum products on the international market.   Speaking to Citi News, Executive …