Business – Page 3

Some Oil Marketing Companies (OMCs) have announced upward adjustments in pump prices for the first pricing window of October 2025, with diesel recording the most significant change. On October 2, Shell increased the price of diesel from GH¢13.89 to GH¢14.18 per litre, while keeping petrol unchanged at GH¢13.44 per litre. Other OMCs are expected to […]

Ghana and the United Kingdom are exploring new opportunities to strengthen bilateral trade, following a high-level meeting between Ghana’s Deputy Minister for Trade, Agribusiness & Industry, Sampson Ahi, and UK Trade Commissioner for Africa, John Humphrey. The meeting, held on the sidelines of the UK-Ghana Investment Forum in Accra, focused on enhancing trade cooperation, attracting […]

Ghanaians will pay more for fuel this week after prices at the pump went up again. Petrol is now selling at GH¢13.38 per litre, up from GH¢12.99, while diesel has increased to GH¢14.20 per litre, from GH¢13.90. The adjustment was first introduced by GOIL, the country’s second-largest Oil Marketing Company (OMC), breaking a week-long price […]

GoldBod Suspends Evanex Gold Enterprise’s License Over Illegal Pricing The Ghana Gold Board (GoldBod) has suspended the operating license of Evanex Gold Enterprise, a Tier 2 gold buyer, with immediate effect. In a statement issued by its Compliance Directorate on Thursday, August 28, GoldBod explained that the suspension follows investigative findings that the company […]

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The Concerned Drivers Association of Ghana (CDAG) and the Ghana Private Road Transport Union (GPRTU) have endorsed the newly introduced GH¢1 fuel levy, calling it a necessary sacrifice for the country’s long-term development. In a statement signed by CDAG National Secretary Mohammed Aminu Usif, the unions acknowledged the short-term burden on drivers but expressed confidence […]

Fitch Ratings has upgraded Ghana’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘B-‘ from ‘Restricted Default’ (RD). The Outlook is Stable. The upgrade of Ghana’s Long-Term Foreign-Currency IDR to ‘B-‘ from ‘RD’ reflects Fitch’s assessment that Ghana has normalised relations with a significant majority of external commercial creditors. Ghana restructured its USD13.1 billon Eurobonds in October […]

The Chamber of Oil Marketing Companies (COMAC) has expressed serious concerns over the government’s decision to introduce a new GHS1 per litre Energy Sector Levy on petroleum products. According to COMAC, the levy poses a greater financial threat to local fuel retailers than recent global crude oil price increases. In response to the Chamber’s concerns, […]

Transport fares across the country will be reduced by 15% beginning Saturday, May 24, 2025. The move follows an agreement between transport unions and the Ministry of Transport, prompted by the strengthening of the Ghanaian cedi and a notable decline in fuel prices. The decision comes as operational costs for commercial drivers ease, thanks to […]

The Abossey Okai Spare Parts Dealers Association has announced a reduction in spare parts prices following the recent appreciation of the Ghanaian cedi against the US dollar. Chairman of the association, Henry Okyere Jnr, said the price cut is intended to ease the financial burden on customers and support the government’s broader efforts to stabilize […]

Fuel Prices Edge Up as October Pricing Window Opens

Ghana, UK Advance Trade Talks with Focus on Investment and Agribusiness

Fuel Prices Up Again: Petrol Hits GH¢13.38

GoldBod Suspends Evanex Gold Enterprise’s License Over Illegal Pricing

Sparkle My Skin – “natural ingredients, gentle care”

Driver Unions Back New GH¢1 Fuel Levy, Urge Transparency and Road Safety Improvements

Fitch Ratings has upgraded Ghana’s to ‘B-‘

Oil Marketers Raise Alarm Over New Fuel Tax, Warn of Severe Financial Impact

Transport Fares to Drop by 15% Starting May 24

Abossey Okai Spare Parts Dealers Slash Prices as Cedi Strengthens

Ghana-China Industrial and Agribusiness Agenda

Ghanaian Cedi Drops 8.4% Against US Dollar Despite Robust External Sector Growth

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