The Chamber for Tourism Industry has urged government to decrease the US$150 charge for COVID-19 testing at the Kotoka International Airport (KIA). According to the chamber, the reduction will go towards revitalizing Ghana’s tourism sector which has not been spared the wrath of the pandemic. Chief Executive of the Chamber, Prince Ntiamoah Boampong speaking to Citi Business News said government ...

The International Air Transport Association (IATA) presented new analysis showing that the airline industry cannot slash costs sufficiently to neutralize severe cash burn to avoid bankruptcies and preserve jobs in 2021. IATA reiterated its call for government relief measures to sustain airlines financially and avoid massive employment terminations. IATA also called for pre-flight COVID-19 testing to open borders and enable ...

The Government of Ghana and AirtelTigo have begun the final stages of discussions concerning the transfer of AirtelTigo shares to the government along with all its customers, assets and agreed liabilities. The transaction would be concluded by the execution of definitive agreements shortly after which the government would temporarily operate the asset in the best interest of the nation. The ...

Expert in agricultural sustainability has cautioned vegetable growers in some parts of the country on the exact agro-chemicals to apply in their quest to boost yields. Although chemical application to boost yields was not wrong, it could pose negative reactions to the crop yields if the applied chemical lacked the right quality. Nene Ashaley Adjabeng, Chief Farmer for Anum Apapam ...

Ghana has recorded total investments of US$869.47 million, with total Foreign Direct Investment (FDI) value amounting to US$785.62 million between January to June 2020. Mr Yofi Grant, the Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC) at a press conference on FDI Half-Year Investment, said the FDI inflow showed rare strength in the final moments of the second quarter ...

Ghana and Ivory Coast account for two-thirds of the world’s cocoa supply, but unlike oil-producing countries, they are unable to influence prices that are historically too low to meet the basic needs of small planters. “They could decide the market prices – above all if they allied themselves with other major producers like Ecuador, Cameroon and Nigeria; but there’s a ...

A total of 14 people have been confirmed dead in the church collapse disaster at Akyem Batabi in the Asene Manso Akroso District, Eastern Regional Minister Eric Kwakye Darfour has said. Rescue efforts are still continuing with the help of five excavators and sniffer dogs. Meanwhile, the District Chief Executive of Asene Manso Akroso, Mr Alex Inkoom, has said his ...

Finance Minister Ken Ofori-Atta is calling on rich countries to consider extending the moratorium on debt servicing from poorer countries. Mr. Ofori-Atta made this call as he ended his tenure as chairman of the joint ministerial committee of the boards of governors of the World Bank and the International Monetary Fund. The Finance Minister urged the G-20 countries to not only extend ...

The Minister of Lands and Natural Resources Kwaku Asomah-Cheremeh has noted that for a long time Ghana has been sitting on another mineral that has the potential to catapult the local economy but it hasn’t been given much attention. This, according to him, is iron, the bedrock for the Iron and Steel industry and the base material for the automobile ...

Government says 232 out of 260 factories under its flagship 1D1F industrialization program are near completion with some operating at full capacity. Trade and Industry Minister, Alan Kyerematen who announced this at the Nation Building Updates held in Accra on Thursday, September 8, 2020 also disclosed that “through the 1D1F government’s initiative, 76 projects have been completed and are in ...