A litre of petrol and diesel at the pumps now cost more than the daily minimum wage. This is the latest twist to the soaring cost of living crisis facing citizens and businesses in the country.
Petrol and diesel prices climbed...
The Commercial Division of the Accra High Court has ordered the dissolution of Quest Net Limited (QNET) for engaging in dishonest, illegal and fraudulent business activities.
This followed a petition filed by the Attorney-General (A-G), Godfred Yeboah Dame, seeking the...
The bank of Ghana (BoG) has refuted the claim that it is actively collaborating with some operatives at the Cowlane in Accra to illegally transfer funds offshore.
The BoG said the claim is false and “extremely reckless”
In a statement, the...
Reports indicate that a government delegation is in Abu Dhabi negotiating a deal to bring petroleum products onto the Ghanaian market.
The Deputy Energy Minister, Andrew Egyapa Mercer, Managing Director of Bulk Oil Storage Transportation Limited, Edwin Provencal and National Petroleum...
Businessman and analyst, Mr Senyo Hosi has said the government has lost credibility for what he believes is the U-Turn on the President’s comments regarding haircuts.
He was commenting on the clarification given by Information Minister Kojo Oppong Nkrumah on the President’s...
The National Petroleum Authority (NPA) has announced to the general public, particularly stakeholders in the oil marketing sector, that the subsidy on residual fuel oil (RFO) has been suspended.
“The suspension of the policy to subsidise RFO is in line with the...
Adaklu Member of Parliament, Kwame Agbodza has urged all stakeholders to ignore the promise of ‘no Haircut’ on investments made by President Nana Addo Dankwa Akufo-Addo.
In his view, the biggest haircut is already happening in the form of drop in the...
Ghana’s much-awaited debt sustainability analysis (DSA), which is a prerequisite for a bailout programme with the International Monetary Fund (IMF), has been completed, according to Information Minister Kojo Oppong Nkrumah.
The DSA will clearly determine the country’s total debt and outline measures...
Some Oil Marketing Companies (OMCs) have started increasing prices of petroleum products at the pumps from this morning, November 1, 2022.
Petrol and diesel prices are going for an average of ¢18 and ¢23 per litre, from the previous prices...
Financial Analyst Dr Michael Dawson has responded to claims that the financial sector clean –up which has ensured that the financial sector is solid , robust and resilient was Ken Ofori-Atta ‘s idea.
“Let me state that the decision to...
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