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Ghana’s flower industry seeing major boost [video report]

flowers

Flowers form an essential part of human life. Perhaps its cultivation and relevance date back to when life started on earth. In this contemporary era, the business of buying and selling flowers especially in Ghana has been without some setbacks. Checks by Citi Business News show that the demand for flowers is growing among some section of the country. In ...

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Avoid hasty tax policies with rebased economy – Economist

Economist Dr. Lord Mensah

Economist, Dr. Lord Mensah has called for a count by count assessment of all sectors of the economy before undertaking any tax reform following the rebasing of the economy. According to him, such a move will make up for the shortfall in revenue generation. The Ghana Statistical Service recently announced that the economy had expanded by 32.4 % following the ...

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Inside of KIA’s Terminal 3 (Video)

Terminal 3

From the 15th of September 2018, all international airlines have been using the Terminal three of the Kotoka International Airport. It follows the successful completion of live flights over the past week. Aviation authorities believe the move should reduce pressure on the current Terminal two and improve Ghana’s position in the aviation space within the sub-region. Click the video below ...

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GIPC to hold 2nd Young Entrepreneurs Forum

Yofi Grant

The Ghana Investment Promotion Centre (GIPC) is organizing the second edition of the Young Entrepreneurs’ Forum which comes off at the Labadi Beach Hotel on 25th and 26th July, 2018. The two-day forum, expected to bring together over 300 participants, will be on the theme “Connect. Accelerate. Grow: Phase II” It is intended to provide a platform to continue the ...

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Finance Minister presents Mid-Year Budget next week

Finance Minister, Ken Ofori-Atta

The Ministry of Information has told Citi Business News the Finance Minister, Ken Ofori Atta will be presenting the mid-year budget review to parliament next week. The Information Ministry is however yet to announce the day. The Finance Ministry has already told Citi Business News government will be introducing new tax measures to boost domestic revenue mobilization. But speaking to ...

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Tourism Ministry to focus on agribusiness

cath

The Tourism Ministry is set to focus on agribusiness as one of the key drivers of growth of the Tourism industry. The move is to increase the sector’s contribution to GDP from the 6.2 percent recorded in 2017. Government has over the years used other tools including art and culture, as major drivers of growth of the industry. But speaking ...

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Kumasi Airport phase II to be completed ahead of time  

Aviation Minister - Cecilia Dapaah

The construction of phase two of the Kumasi Airport is expected to be completed ahead of schedule, this is according to aviation Minister Cecilia Daapah. The completion date will now be 2019 instead of the initial date of 2020. Madame Cecilia Daapah made this known at the sod cutting ceremony for Phase 2 of the project. According to her, the ...

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Ghana needs effective regulation to be a petroleum hub—Experts

IMG_9200

Some energy experts at the Ghana International Petroleum Conference (GhIPCON) are urging government to speedily develop a policy framework to back its vision of creating a petroleum hub in the country. This, they believe will ensure effective regulation of the over 50 billion dollar project. Government is seeking to develop a petroleum hub which is expected to include refineries, tank ...

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Poor data gathering affecting tourism industry—GTA

All-focus

The Ghana Tourism Authority (GTA) has said the poor level of data collection in Ghana’s tourism industry is negatively affecting the level of investment into the sector. Tourism currently ranks as Ghana’s 4th highest foreign exchange earner after gold, cocoa, and oil. Speaking to Citi Business News on the sidelines of the launch of the 2018 Guest Experience Masters (GEM) ...

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5 Ghanaian meals that may be going extinct

food

There are some things that only our forefathers will know. There are other things that our generation may know which generations to come will never know. How did we get here? How do we allow our traditions, culture and heritage go extinct? Only some things are deemed important to keep and remember while others are left to be forgotten. The ...

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