News summaries for
Share: share
Rural-urban migration: Head porters share their plight – Citi Business News
Image source: CitiNewsRoom

Rural-urban migration: Head porters share their plight – Citi Business News


Summary short_text

The failure of successive governments to bring rapid development to rural Ghana has contributed to the influx of young people from rural Ghana to urban Ghana in search of greener pastures.

As Ghana moves to develop through industrialization, the living conditions of head porters, popular known as Kayayei, are a glaring reminder of how far the nation has to go to extend its developmental drive beyond urban areas for young people, particularly in Northern Ghana, to live decent lives.

Despite government's efforts to promote economic activities in rural Ghana with policies like One District One Factory, One Village, One Dam, and Planting for Food and Jobs, hundreds of young people continue to migrate from rural areas to urban areas in search of a better life.


Source: CitiNewsRoom |
More from: CitiNewsRoom More in: Business
Creditors of AirtelTigo to be settled – Ursula – Citi Business News
Image source: CitiNewsRoom

Creditors of AirtelTigo to be settled – Ursula – Citi Business News


Summary short_text

Creditors of AirtelTigo will be settled all outstanding debts by government in the short to medium term.

Her assurance follows the recent takeover of the company even as its parent companies Bharti Airtel Ghana Holdings B.V. and MIC Africa B.V have concluded negotiations and signed an agreement to transfer the shares of the company to the government of Ghana.

The minister amongst other things also asked customers to remain faithful to the company as government promises smooth operations.


Source: CitiNewsRoom |
More from: CitiNewsRoom More in: Business
NDC leadership adopts roadmap for reorganisation of party
Image source: CitiNewsRoom

NDC leadership adopts roadmap for reorganisation of party


Summary short_text

The leadership of the opposition National Democratic Congress has adopted a roadmap for the reorganisation of the party, pending approval by its National Executive Committee.

Although the election petition did not go as the NDC expected, the party still believes the 2020 polls were rigged in favour of the governing New Patriotic Party.

The retreat was intended to assess the party's performance in the 2020 general elections, strengthen the structures of the party and strategise on the reorganisation of the party for victory in the 2024 general elections.


Source: CitiNewsRoom |
More from: CitiNewsRoom More in: Politics
Roofs of over 90 buildings in Damango ripped off after downpour
Image source: CitiNewsRoom

Roofs of over 90 buildings in Damango ripped off after downpour


Summary short_text

Over 90 buildings had their roofs ripped off by a recent rainstorm in Damongo.

Officers of the National Disaster Management Organisation in the West Gonja municipality after inventory on the disaster told the media on Sunday that, Tuesday's disaster affected some 750 people.

The West Gonja Municipality Director of NADMO, Mr. Bavug Adams said the 95 buildings affected included homes, shops and some school infrastructure.


Source: CitiNewsRoom |
More from: CitiNewsRoom More in: Politics
Balance developmental spending and debt accumulation
Image source: CitiNewsRoom

Balance developmental spending and debt accumulation


Summary short_text

The International Monetary Fund says it is more important now than ever, that Ghana balances its developmental spending needs against the rate of debt accumulation by the country.

Ghana's debt to GDP ratio crossed the dreaded 70% threshold back in September 2020 and is expected to hit 81.5% by the end of this year according to projections by the IMF. The April 2021 Fiscal Monitor report of the Bretton Woods institutions anticipates a further worsening of the country's debt situation with the debt to GDP ratio expected to grow to 86.6% by 2025.

Speaking on Ghana's growing debt situation during the April 2021 Virtual Spring Meetings Regional Economic Outlook Press Briefing on Sub-Saharan Africa, the Director of the African Department at the IMF, Abebe Aemro Selassie, noted that Ghana needs to ensure that the country's debt sustainability doesn't get out of hand.


Source: CitiNewsRoom |
More from: CitiNewsRoom More in: Business
Judiciary to establish tax court to prosecute tax cases – Citi Business News
Image source: CitiNewsRoom

Judiciary to establish tax court to prosecute tax cases – Citi Business News


Summary short_text

The Judiciary has plans to establish a tax court to deal with the prosecution of tax cases.

According to correspondence between the Chief Justice and the Ghana Bar Association, the tax court will be located at the criminal division of the Court of Appeal within the Supreme Court building.

Tax cases in the past have been prosecuted in circuit courts.


Source: CitiNewsRoom |
More from: CitiNewsRoom More in: Business
Government to handover management of DTT platform to private firm – Citi Business News
Image source: CitiNewsRoom

Government to handover management of DTT platform to private firm – Citi Business News


Summary short_text

The Ministry of Communications and Digitalization has disclosed that government has advanced processes to settle on a company that will manage the country's Digital Terrestrial Television platform.

K-NET which helped in the migration from analogue to digital transmission has been managing the platform on behalf of government since the completion of the platform some years back.

In an interview with Citi Business News during the handing over of an office space for the Central Digital Transmission Company Limited, by K-NET Limited to the Ministry for Communications and Digitalisation, sector minister, Ursula Owusu Ekuful explained the progress made so far.


Source: CitiNewsRoom |
More from: CitiNewsRoom More in: Business
Strategically position NDC as a better alternative to NPP
Image source: CitiNewsRoom

Strategically position NDC as a better alternative to NPP


Summary short_text

A former Minister of Defence and former Member of Parliament for Lawra-Nandom, Benjamin Kumbuor, has admonished the National Democratic Congress to strategically position itself as a party with better alternatives to resolving the problems confronting Ghana.

Addressing participants, Mr. Kumbuor admonished the party to be focused to capture power in the next election.

Also at the event, Ebi Bright, a former NDC parliamentary candidate for Tema Central, urged party members to put the party's vision above personal interests.


Source: CitiNewsRoom |
More from: CitiNewsRoom More in: Politics

#GPLwk20: Bechem United thrash Aduana Stars, Medeama close gap to Kotoko – Citi Sports Online


Summary short_text

Hafiz Konkoni scored a brace as Bechem United made light work of former champions Aduana Stars at the Nana Gyeabuor Park on Sunday in Match Week 20 action.

Aduana could not find their way back into the game as Konkoni found the back of the net yet again to record his second goal and put the hosts in total control of the game.

The result extends their unbeaten run at home to eleven games and moves the team into the top half of the league log ahead of Aduana Stars.


Source: CitiNewsRoom |
More from: CitiNewsRoom More in: Sports
Stakeholders to form committee to monitor unethical broadcast content
Image source: CitiNewsRoom

Stakeholders to form committee to monitor unethical broadcast content


Summary short_text

The Ministry of Information has announced that a joint stakeholder group will be set up to address the issue of unethical broadcast content in Ghana.

The Minister of Information, Kojo Oppong Nkrumah in a statement said the stakeholders agreed to set up the joint stakeholder group to examine reports of unethical content and invoke the powers of the National Communication Authority, to take punitive action against offending broadcasters.

The committee will among other things monitor the broadcasting landscape to identify and examine complaints of unethical broadcast content.


Source: CitiNewsRoom |
More from: CitiNewsRoom More in: Politics

Kudus Mohammed wins first trophy with Ajax Amsterdam – Citi Sports Online


Summary short_text

Ghanaian international, Mohammed Kudus has won his first trophy with Ajax Amsterdam after the Dutch giants beat Vitesse 2-1 to clinch the KNVB Cup.

The former Nordsjalland man watched the entire game on the bench as Ryan Gravenberch scored the opener on the 23rd minute of the game.

In the dying embers of the game, David Neres scored and gave Ajax their first trophy of the season.


Source: CitiNewsRoom |
More from: CitiNewsRoom More in: Sports

EPL: Greenwood double helps Man Utd past Burnley – Citi Sports Online


Summary short_text

Mason Greenwood's double and Edinson Cavani's late strike gave Manchester United their fifth straight Premier League win as they beat Burnley 3-1 to move within eight points of leaders Man City.

Half-time sub Edinson Cavani converted Donny van de Beek's centre at close range for 3-1 in stoppage time, and the result means that, with six games remaining, United's gap to rivals City is now eight points, while the gap to fifth place is now 12 points.

Burnley remain 17th, six points ahead of Fulham in the relegation zone and with a game in hand.


Source: CitiNewsRoom |
More from: CitiNewsRoom More in: Sports
Stakeholders to form committee to monitor unethical broadcast content
Image source: CitiNewsRoom

Stakeholders to form committee to monitor unethical broadcast content


Summary short_text

The Ministry of Information has announced that a joint stakeholder group will be set up to address the issue of unethical broadcast content in Ghana.

The Minister of Information, Kojo Oppong Nkrumah in a statement said the stakeholders agreed to set up the joint stakeholder group to examine reports of unethical content and invoke the powers of the National Communication Authority, to take punitive action against offending broadcasters.

The committee will among other things monitor the broadcasting landscape to identify and examine complaints of unethical broadcast content.


Source: CitiNewsRoom |
More from: CitiNewsRoom More in: Politics
Focus on party interest, drop old grudges
Image source: CitiNewsRoom

Focus on party interest, drop old grudges


Summary short_text

Ebi Bright, a former National Democratic Congress parliamentary candidate for Tema Central, has urged party members to put the party's vision above personal interests.

Ebi Bright added that she was a strong believer in mediation in the face of disputes between party members.

Other speakers at the forum included former Presidential hopeful, Goosie Tanoh, former Defence Minister, Ben Kumbuor and former General Secretary of the NDC, Huudu Yahaya.


Source: CitiNewsRoom |
More from: CitiNewsRoom More in: Politics

EPL: Arsenal snatch late point to dent Fulham's survival hopes – Citi Sports Online


Summary short_text

Eddie Nketiah scored a dramatic late equaliser as Arsenal rescued a 1-1 draw to dent Fulham's Premier League survival hopes.

Fulham defended resolutely against the Gunners and were hoping for one chance to fall their way, and it did midway through the second half when Gabriel Magalhaes brought down Mario Lemina inside the penalty area.

The result means Fulham are now six points behind Burnley, who have the chance to stretch that gap when they take on Manchester United on Super Sunday.


Source: CitiNewsRoom |
More from: CitiNewsRoom More in: Sports
Works and Housing Minister commends First National Bank's commitment to boost home ownership – Citi Business News
Image source: CitiNewsRoom

Works and Housing Minister commends First National Bank's commitment to boost home ownership – Citi Business News


Summary short_text

The Minister for Works and Housing, Francis Asenso-Boakye, has commended First National Bank Ghana for its initiatives to boost home ownership in Ghana.

Mr. Asenso-Boakye was speaking at the maiden edition of the Home Ownership Series, an initiative by First National Bank Ghana, in partnership with Glitz Africa Magazine, aimed at promoting a continuing national dialogue on the best ways to tackle the housing deficit in the country.

The Home Ownership Series follows the declaration of 2021 by First National Bank as the Year of Home Ownership - #YOHO2021, a campaign seeking to encourage and support Ghanaians to acquire residential property, thereby shifting the national culture of renting towards home ownership.


Source: CitiNewsRoom |
More from: CitiNewsRoom More in: Business
New Board takes office to steer affairs of the Ghana Chamber of Bulk Oil Distributors – Citi Business News
Image source: CitiNewsRoom

New Board takes office to steer affairs of the Ghana Chamber of Bulk Oil Distributors – Citi Business News


Summary short_text

A new 11-member board has been sworn into office to steer the affairs of the Ghana Chamber of Bulk Oil Distributors for the next three years.

The new eleven-member executive board has vast experience in finance, taxation, engineering, corporate governance, accounting, management, marketing and oil and gas.

He is the CEO of SA Energy Ltd and a founding director of the Ghana Chamber of Bulk Oil Distributors and Legacy Bonds Limited.


Source: CitiNewsRoom |
More from: CitiNewsRoom More in: Business
Tema: Permit for oil refinery to be sited on wetland won't be approved
Image source: CitiNewsRoom

Tema: Permit for oil refinery to be sited on wetland won't be approved


Summary short_text

A proposed oil refinery project in Tema is unlikely to come to fruition because of environmental concerns.

A study of the site shows it is in Tema Newtown Waterland, a wetland in the catchment of Chemu Lagoon.

Sentuo submitted its permit request in December 2019 and correspondence between the Tema Development Corporation and the Tema Traditional Council reveals that it has leased 217 acres for 60 years.


Source: CitiNewsRoom |
More from: CitiNewsRoom More in: Politics
Coconut Farmers Association of Ghana holds constitution and policy validation workshop – Citi Business News
Image source: CitiNewsRoom

Coconut Farmers Association of Ghana holds constitution and policy validation workshop – Citi Business News


Summary short_text

The Coconut Farmers Association of Ghana, has held a constitution and policy validation workshop in Accra to sensitize its members about its plans for the future.

Speaking to journalists, the President of the Coconut Farmers Association of Ghana, Mr. Patrick Ndabiah, said COFAG intends to educate its members to be acquainted with best practices as well as programmes and policies driving the coconut industry.

The policy will also provide a framework for addressing challenges to ensure sanity and to boost coconut production for a sustainable, social and economic development of the coconut industry within the national agriculture policy framework.


Source: CitiNewsRoom |
More from: CitiNewsRoom More in: Business
La Dadekotopon MP laments slow progress of La General Hospital redevelopment project
Image source: CitiNewsRoom

La Dadekotopon MP laments slow progress of La General Hospital redevelopment project


Summary short_text

The Member of Parliament for the La Dadekotopon Constituency in the Greater Accra Region, Rita Odoley Sowah is unhappy that work has not begun on the redevelopment of the La General Hospital since it was pulled down over a year ago.

The hospital was closed down in March 2020 to pave way for its redevelopment due to the dilapidated nature of existing facilities which made it unsafe for both staff and patients.

President Nana Addo Dankwa Akufo-Addo cut the sod for the commencement of construction of the La General Hospital Redevelopment Project in August 2020.


Source: CitiNewsRoom |
More from: CitiNewsRoom More in: Politics