The unexpected windfall could go a long way to help government cushion consumers from sharp price hikes that have characterized the cost of fuel at the pumps in the past months.
I can tell you that people have begun to restrict their mobility because of the high fuel prices. We are here because of our continuous propaganda
It is this approach to policy making in the sector which has largely negated any serious results (if possible) from major interventions in the sector over the past five years and frankly not necessary in a sector as critical as agriculture with several stakeholders.
The Chamber fears a shortage in fertilizer supply is imminent which could also create rising food costs.
Fitch Ratings in a podcast said Ghana’s international reserves position has become very reliant on Eurobond issuance. Indicating that, Ghana is not in a situation where the government needs to constantly roll over hard currency debt or whose debt market is wholly reliant on non-resident investors. In supporting the Fitch's position, the University of Ghana economist noted
The c protested the reduction in benchmark value from 50 percent to 30 percent by the government saying it will result in high production cost and affect cement prices.
The Russia-Ukraine invasion induced unprecedented spike in crude oil and gas prices is troubling many economies. This, coupled with the escalating U.S dollar exchange rate to the local currency (Cedi) threatens petroleum products supply in the country.
The judgment regarding the issue of whether or not a deputy speaker of parliament presiding can vote, the Supreme Court Justices concluded that the 138 members on the majority side including deputy speaker presiding who voted to approve the 2022 budget was valid. The implication is that the E-levy was passed on 30th November 2021. It also means the 2022 budget was fully
the Ghana Union of Traders (GUTA) has called on regulators of the forex market to fast-track the proposal of making the Chinese Yuan as the only trading currency when doing business with China. They believe such a move will reduce pressure on the Cedi because imports will not be done with US dollars as most Ghana's import currently come from China because of their cheaper
With the recent hike in petroleum prices in the country, year on year inflation is expected to rise further in the coming month as it would have a severe impact on both food and non food inflation of the Consumer Price Index, (CPI) basket.