NEWS

Fuel prices in Ghana are projected to experience a significant increase in the second pricing window of August 2023, according to the Chamber of Petroleum Consumers (COPEC). The organisation forecasts a potential rise of approximately 5.7% within the next 48 hours, impacting both petrol and diesel costs. Currently, the average price at the pumps stands at GH¢12.45 per liter. Additionally, ...

The Minority Leader, Dr Cassiel Ato Baah Forson, has taken on his opposite number in Parliament, accusing Osei Kyei-Mensah-Bonsu of deliberately choosing to wish away the concerns of Ghanaians on the Bank of Ghana issues. “Is the Majority Leader suggesting to us that it is right for the affairs of the Central Bank to be mismanaged to this level? Is ...

The chiefs and politicians of the Western Region have failed their people, the widow of late Vice President Kwesi Amissah Arthur has observed. Speaking at the opening of a Western Regional Development Forum organised by the Nana Kobina Nketsia IV Trust at Busua, Matilda Amissah Arthur, a native of Nzemaland said: “We have all known for a long time that ...

The resignation of the Managing Director of the Tema Oil Refinery (TOR), Jerry Kofi Hinson, on health grounds has sparked controversy in the oil and gas industry. Mr Hinson submitted his resignation letter to the board of director of the refinery on Friday 11 August 2023. Jerry Kofi Hinson, a former Executive Director of Minecom, who was responsible for the ...

The recent “firestorm” of public criticism of President Nana Akufo-Addo’s hint at renaming the University of Ghana after his late uncle J. B. Danquah shows Ghanaians have “clearly had enough of the tribal-supremacist agenda of the president and his kinsmen”, Economist Nii Moi Thompson has observed. Speaking recently at the 75th Anniversary Thanksgiving Service of the university, President Akufo-Addo praised ...

Former President John Dramani Mahama has reminded Ghanaians that they have 483 days before the upcoming general elections, urging them to use their vote to bring about a change in government. Mahama emphasized the importance of democratic governance in Africa, despite its flaws. He highlighted that constitutional governance provides an avenue for peaceful leadership transitions, allowing the people to remove ...

The Bank of Ghana (BoG) is heavily respected outside Ghana but it has been committing several mistakes, a renowned economist Kwame Pianim has said. In the view of Mr Pianim, officials of the Bank should have held meetings with members of the Finance Committee of Parliament to explain to them the dire situation that the country found itself in and ...

Executive Director of the Peasant Farmers Association of Ghana, Dr Charles Nyaaba has explained why Ghana relies heavily on neighboring countries including Niger for commodities such as onions. He said that farmers in Ghana are unable to produce to meet the demands on the market hence the reliance on other countries for the commodity. Dr Nyaaba said these while indicating ...

If the money that has been stolen from Ghana and siphoned outside the country is returned, Ghana will be able to restore the economy, a founding member of the New Patriotic Party (NPP) Dr Nyaho Nyaho-Tamakloe has said. “If the money that has been stolen from this country is brought back we will get somewhere,” he said while speaking during ...

Ghana’s inflation has surged for the third consecutive month, reaching a new high of 43.1% in July, up from the previous mark of 42.5%. These latest figures were announced on Wednesday, 9 August 2023, by government Statistician Prof. Samuel Kobina Annim. LEARN AND TRADE FOREX WITH GOLIGFX WATCH THE VIDEO BELOW: Food prices experienced a significant rise, hitting 55.0%, while ...