By Adnan Adams Mohammed In a move designed to buffer Ghanaians against the volatile international oil market, the National Petroleum Authority (NPA) has slashed the price floors for the April …
Fuel price
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Mining & Energy
Fuel Price Cuts Spark Call for Transport Fare Reductions
by Adnan Adamsby Adnan AdamsBy Adnan Adams Mohammed The Ghana petroleum market is witnessing heightened competition and a welcome drop in fuel prices, a trend that is now putting pressure on commercial transport …
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Economy and Finance
Stabilise cedi to contain fuel price pressures – COMAC tells gov’t
by Adnan Adamsby Adnan AdamsThe Chamber of Oil Marketing Companies (COMAC) is asking the government to take steps to curb the cedi’s depreciation to help stabilize fuel prices at the pumps. The call comes …
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Agric and EnvironmentEconomy and FinanceLifestyleNews
Businesses and transport operators expected to reduce prices
by Adnan Adamsby Adnan AdamsBy: Memuna Asuma Players in the trade, commerce, industries and transport businesses are expected to reduce their market prices as inflation and forex exchange rates keep improving. Reacting to …
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Fuel prices at the pumps have started coming down although slower than expectations of some downstream petroleum sector think-tanks.
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Economy and FinanceMining & EnergyNews
Govt announces new gold buy policy
by Adnan Adamsby Adnan AdamsAs government keeps innovating ideas to tackle the perennial depreciation of the local currency against the international trading currencies (especially, US dollar), a negotiation to allow importers use gold to …
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Economy and FinanceMining & EnergyNews
Cheaper fuel from Dubai: stakeholders speak hard to gov’t
by Adnan Adamsby Adnan AdamsKey stakeholders in the energy sector have given a strong swap at government’s statement that, it has sent delegation to United Arab Emirate to negotiate a cheap fuel deal for …
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Economy and FinanceLifestyleMining & EnergyNews
Cheap Fuel: BDCs need special forex access arrangement – Analysts
by Adnan Adamsby Adnan AdamsAlexander K. Mould believes the structural problem of making forex available can be addressed by streamlining the process by BoG working with NPA to make foreign currency available to the …
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Economy and FinanceLifestyleMining & EnergyNewsTravel
Inflation to rise further as commercial transport fares to go up
by Adnan Adamsby Adnan AdamsHe said the union was earlier targeting a 30 to 40 per cent increase in transport fares in parity with the recent rise in the prices of petroleum products. However, …
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Economy and FinanceMining & EnergyNews
Expects up to 6% drop in fuel prices this month
by Adnan Adamsby Adnan AdamsThe price drop is expected to range between 3% and 6% from August 1st, 2022. The expected reduction will have been bigger if not for the depreciation of the cedi …