Daniel Sackitey

Accra

Broadcast Journalist at Citi FM (Accra, Ghana)

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Articles

BoG moves to broaden FICSOC scope, revise Cybersecurity Directive

1 week ago | shorturl.at | Daniel Sackitey

The Bank of Ghana (BoG) has initiated steps to expand the scope of its Financial Industry Command Security Operations Centre (FICSOC) to cover all regulated financial institutions, incorporating sister regulators such as the National Insurance Commission (NIC), National Pensions Regulatory Authority (NPRA), and the Securities and Exchange Commission (SEC).
Govt to inaugurate task force to fast-track National Airline establishment

1 week ago | shorturl.at | Daniel Sackitey

Plans to establish a national airline in Ghana are set to receive a significant boost with the inauguration of a high-level task force to oversee and accelerate the process. This move signals a renewed commitment by authorities to revive the country’s aviation ambitions, following years of stalled efforts to launch a flagship carrier. Ghana has been without a national airline for nearly two decades, after operations were suspended due to a U.S. ban linked to operational debts.
Bills Micro-Credit Board Chairman Richard Nii Armah Quaye set to retire

3 weeks ago | shorturl.at | Daniel Sackitey

Chief Executive Officer of Quick Angels and Board Chairman of Bills Micro Credit, Richard Nii Armah Quaye, is expected to step down from his executive role as he prepares to retire and explore other pursuits. Citi Business News understands that the announcement is expected to be made public on Monday April 28, 2025. He will also use the occasion to announce his successor and officially launch a new company, RNAQ Holdings, where he will assume the role of President.
Zijin Mining completes acquisition of Newmont’s Akyem Gold Mine for $1bn

4 weeks ago | citinewsroom.com | Daniel Sackitey

Zijin Mining Group Co., Ltd. has completed the acquisition of Newmont Corporation’s Akyem Gold Mine for $1 billion, expanding the Chinese company’s gold production capacity and reinforcing its international growth strategy. The deal, executed through Zijin’s wholly-owned overseas subsidiary, closed on April 16 after all conditions precedent were either met or waived.
Govt to increase investment in Island communities in Ada

4 weeks ago | citinewsroom.com | Daniel Sackitey

Government is set to expand investment in renewable energy infrastructure for island and lake communities, with plans to electrify 150 additional off-grid locations across the country. This announcement comes on the back of the commissioning of mini-grid electrification projects in three island communities—Azizakpe, Alorkem, and Aflive—in the Ada East District. Funded by the Swiss State Secretariat for Economic Affairs (SECO), the projects bring electricity to these communities for the first time.
MTN momo attributes alleged account breach to user disclosure not system flaw

1 month ago | citinewsroom.com | Daniel Sackitey

MobileMoney LTD, the mobile financial services provider affiliated with MTN, has responded to a viral social media post alleging unauthorized withdrawal of funds from a customer’s account. The customer claimed that her mobile wallet had been compromised without her consent, raising concerns among users of the widely used MobileMoney service.
Peasant farmers endorse $1m govt support for vegetable production

1 month ago | citinewsroom.com | Daniel Sackitey

The Peasant Farmers Association of Ghana has backed the government’s initiative to disburse $1 million in support of over 1,500 smallholder farmers in Northern Ghana. The funding, under the Feed Ghana Project, aims to boost vegetable production and enhance food security.
COCOBOD maintains cocoa producer price despite Côte d’Ivoire hike

1 month ago | citinewsroom.com | Daniel Sackitey

The Ghana Cocoa Board (COCOBOD) has announced that the producer price of cocoa will remain unchanged for the 2025/2026 season. In a letter to the Licensed Cocoa Buyers’ Association of Ghana (LICOBAG), COCOBOD explained that the decision followed a thorough assessment of the operational and financial implications for the local cocoa industry.
BoG to auction $120m to BDCs in Q2 of 2025

1 month ago | shorturl.at | Daniel Sackitey

The Bank of Ghana (BoG) is set to auction $120 million to Bulk Oil Distribution Companies (BDCs) in the second quarter of 2025. This forms part of its broader strategy to ease foreign exchange (FX) demand pressures and support the stability of the Ghana Cedi. The auction calendar, scheduled across six dates from April to June, are exclusively for Bulk Oil Distribution Companies to secure dollars for petroleum imports, a key driver of forex demand in the country.
Sam George urges inclusive AI integration for Ghana’s development

1 month ago | citinewsroom.com | Daniel Sackitey

Minister of Communication, Digital Technology, and Innovation, Samuel Nartey George, has stressed the need for Ghana to actively integrate artificial intelligence (AI) into its development agenda to ensure inclusive and sustainable growth. Speaking through Dr. Collins Yeboah-Afari, Director General of the Ghana-India Kofi Annan Centre of Excellence in ICT, at the opening of the maiden Ghana AI Summit and Awards in Accra, the Minister noted that AI’s impact depends on how it is shaped.