Citi FM

Fri
22
Sep

Don’t use music for propaganda – M.anifest

Award-winning Ghanaian rapper, Kwame Ametepee Tsikata, popularly known in music industry as M.anifest, has urged Ghanaians to use music to tell the country’s history and not for propaganda.

Speaking on the Citi Breakfast Show on Thursday, M.anifest said music should be used to tell only the truth and not lies.

“…not to use it as a propaganda piece, but as in artist being the heartbeat of culture and being able to express truth about today, and also things about today that will be useful in the future…so that 50 years from now, when you listen to the music of today, it will give you clues as to what was happening with leadership, economy, social interactions between men and women.”

M.anifest made the remark when his views were sought on the Citi Breakfast Show in relation to that subject.

Thu
21
Sep

Investors to ditch Ghana over single window blues

Freight forwarders fear a dip in investor confidence with the takeover of the operations of West Blue Consulting Limited at the country’s ports.

They argue that the failure to efficiently manage the change could escalate the somewhat troubled single window system at the ports.

The development, the businesses also argue will eventually affect operations at the ports.

Dubai based firm, Customs World on Wednesday, September 20, 2017 completed the signing of the takeover agreement with West Blue Consulting Limited.

According to a statement on the agreement copied to Citi Business News, ‘the takeover by Ports and Customs World Ghana, will automate Customs, Free Zones and Port processes in Ghana and also build Ghana’s capacities through the application of technology and services that will mirror the operational model in Dubai.’

Thu
21
Sep

Government forced West Blue out of business – Murtala Mohammed

A Former Deputy Minister of Trade and Industry in the Mahama administration, Murtala Mohammed has said that the New Patriotic Party government “frustrated” West Blue Consult out of business to allow a Dubai-based company to take over single window-related services at the ports.

He said the government must provide important details about the new company that will be taking over West Blue’s operations.

A statement from the management of West Blue on Wednesday sighted by citifmonline.com, said an agreement has been entered by the two companies to that effect.

“Customs World, a subsidiary of Ports Customs and Free Zones Corporation (PCFC) Dubai, has signed an agreement to take over West Blue Ghana Limited, the company engaged for the provision of the National Single Window and Risk Management System in Ghana. This agreement formalizes the establishment of ‘Ports & Customs World Ghana Limited,’” the statement said.

Thu
21
Sep

NDC will reverse Founder's Day to September 21st - Kofi Adams

Should the opposition National Democratic Congress (NDC) win back power in the future, indications are that it will reverse the changes the governing New Patriotic Party plans to make to Founder’s Day, which is observed on Kwame Nkrumah’s birthday.

The NDC, known for its support for Nkrumaist ideals, deems this move as an attempt to distort Ghana’s by enforcing the idea that Ghana had multiple founders.

The NDC’s Organising Secretary, Kofi Adams, noted to Citi News that “it must be made very clear that a future government, that is not an NPP government will correct this distortion. If they ever attempt to distort this information, it will be corrected.”

The change is only a proposal as yet, but but the September 21 Founder’s Day instituted by the NDC in 2012, has been changed to Nkrumah Memorial Day, via an executive instrument by President Nana Akufo-Addo.

Wed
20
Sep

Selling thermal plants won’t solve VRA’s problems – Staff

Employees of the Volta River Authority (VRA), say the proposed sale of its thermal plants by government defies modern business logic and can’t address the problems of the power producer.

Addressing the media today [Tuesday], Chairman of the Senior Staff of VRA, Cephas Duse said the current challenges faced by the state power producer is as a result of bad deals with independent power producers, which has been allowed by successive governments.

“For example, we buy power from AMERI at 15 cents and we sell to ECG at 5 cents,” he noted, adding that this is done in the interest of the nation because the government says they cannot sell the power to Ghanaians at 15 cents.

Mon
18
Sep

Fewer banks to strengthen banking sector

Former Trade Minister, Ekow Spio Garbrah has commended the Bank of Ghana for increasing the minimum capital requirement of commercial banks to 400 million cedis.

He argues that this will strengthen Ghana’s banking industry.

The Bank of Ghana on September 11, 2017 announced the new minimum capital requirement for banks.

The figure has been reviewed upwards from 120 million cedis to 400 million cedis.

This represents 233 percent increase from the previous figure.

According to the central bank, the commercial banks have up to December 2018 to meet the new capital requirement.

Mr. Spio-Garbrah’s comment also comes at a time that some financial observers believe the move will be unfortunate for some local banks as they risk being taken up by larger foreign ones.

Such analysts have also contended that some indigenous banks may not be able to meet the new requirement.

Mon
18
Sep

Angry parents threaten to sue WAEC over withheld BECE results

Angry parents of some graduates of the Presbyterian Experimental Junior High School in Tamale, who sat for last year’s Basic Education Certificate Examination (BECE), are threatening to sue the West African Examination Council (WAEC) for withholding their results.
 
They today (Monday) picketed at the Tamale Metropolitan Directorate of the Ghana Education Service (GES) and petitioned the Director there.
 
They further petitioned WAEC to solve the problem by the close of September 2017 or face a legal action.
 

Sun
17
Sep

GRIDCo to lead drive for low power costs

Perhaps a key mandate of the new board of the Ghana Grid Company Limited (GRIDCo) will be to quicken the move to reduce the cost of electricity in Ghana.

This will help meet the government’s objective of making Ghana very competitive within the sub-region with regards to pricing of electricity for consumers.

In a speech to inaugurate the Board of GRIDCo, Energy Minister, Boakye Agyarko stressed,

“One main task which is quite urgent is to see the establishment of the Wholesale Electricity Market which in my opinion will drive down tariffs and give comfort to customers and make us competitive in the sub-region through the West African Power (WAPP) system.”

According to Mr. Agyarko, GRIDCo also has the potential for additional revenue through leasing of its excess fibre optic network and maintenance agreements with the mining companies for the maintenance of their capacitors, transformers and other switchyard equipment.

Thu
14
Sep

Free SHS: Mawuko Girls SHS faced with limited bed for first-years

Not all the 640 students admitted into EPC Mawuko Girls Senior High School will have access to boarding facilities in the school although they are all beneficiaries of the Free Senior High School education policy.

This is because the existing structures in the school can only accommodate 460 out of the total number. The remaining 180 may have to look for accommodation outside the school premises while they join the many day students of the school.

According to the headmistress, Mrs. Agnes Afonu, the school lacks adequate facilities to accommodate all 640 new students. she said work on an additional dormitory for the girls has been abandoned, and contractors have since 2012 not returned to the site.

With the current enrollment in the school being 1,160, the infrastructural deficit according to Mrs. Afonu is affecting accommodation on campus and academic works.

Wed
13
Sep

Free SHS challenges due to poor planning – Spio Garbrah

A former Trade Minister, Dr. Ekwow Spio Garbrah believes the hitches that have marred the New Patriotic Party (NPP) government’s implementation of the free secondary education policy are due to the lack of planning.

In an interview with Citi News, he said this was evidenced by the fact the government is yet to clearly declare the cost and funding for the policy.

“Today that Free SHS has started, even the total cost is still to known and where the money is going to come from is still not known,” Dr. Spio Garbrah stated.

He recalled that in 2016, when President Nana Akufo-Addo was a presidential candidate, he could not disclose the cost of the free SHS when asked on the BBC’s HardTalk program.

Dr. Spio Garbrah’s cohorts in the opposition National Democratic Congress have also accused the government of reneging on the free SHS promise because it was later announced that it would not cover continuing students.

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