Home » Business (page 14)

Business

Government launches ‘Chance for change campaign’

Chief of staff at the Presidency, Mrs. Akosua Fremah Opare has appealed for support from both government and private partners to facilitate the implementation of the National Plan of Action2, arguing that the menace called for a concerted effort from stakeholders to end it. She said there were people with high social stature, academic standards and parents who could not ...

Read More »

Anger in Ghana’s Gold Fields …As factions clash

When a Chinese citizen can enter the Galamsey trade and make it her own in Ghana, then you know there is something fishy. And this is not about xenophobia. Any Ghanaian knows that there are only two trades reserved for the high and mighty. First it is the oil trade and its oil ‘blocs’ for those with recognizable names and ...

Read More »

Barclays PLC reduces its African stake to 23.4%

Barclays PLC has reduced its shareholding in Barclays Africa to 23.4%. On Thursday, Barclays Africa announced that following the completion of South Africa’s largest bookbuild in South African Rands, Barclays PLC has sold 33.7% of Barclays Africa. The issued share capital was at a price of R132 per share. A statement from the bank and copied to Citi Business News ...

Read More »

No gov’t interference in new national airline – Aviation Minister

Aviation Minister, Cecilia Abena Dapaah has disclosed that there will be no government interference in the operations of Ghana’s new national airline. According to her, the decision is to promote efficiency and avert another collapse of the proposed new national carrier. The Minister made the remarks when she joined a panel to discuss ways on fixing Africa’s Air Transport challenges ...

Read More »

Vice President gets tough on public procurement rules

The Vice President, Dr. Mahamudu Bawumia has renewed the NPP government’s commitment to avert huge revenue losses due to flouting of public procurement rules. According to him, the canker has also contributed to the high levels of corruption in the public sector. To this end, the government has commenced a six day training program targeted at ministers, chief directors, and ...

Read More »

Declining oil prices will least affect Ghana – Economist

Some Economists have ruled out any significant impact on Ghana’s economy following the declining global oil prices. The decision by Oil Producing and Export Countries (OPEC) including Russia to cut down production due to increased supplies has resulted in a drop in prices. Contrary to the expectations of many investors in the oil and gas industry, the OPEC countries extended ...

Read More »