Shell Stations Reduce Fuel Prices
Shell Ghana has reduced the ex-pump prices of petroleum products at its service stations. Vivo Energy, the company behind the Shell brand in Ghana, has reduced the ex-pump prices of petroleum...
Tag: currency
Police Arrests KEEA Cashier For GHc22k Theft
The Police in the Central region have arrested the cashier of the Komenda-Edina-Eguafo Abirem Municipal Assembly for theft. The 49-year-old, Kudedzi Kwashie Rufus, is alleged to have falsified...
Cashier Involved In Falsifying Nduom’s Property Document Arrested
The Police in the Central region have arrested the cashier of the Komenda-Edina-Eguafo Abirem Municipal Assembly for theft. The 49-year-old, Kudedzi Kwashie Rufus, is alleged to have falsified...
Former BoG Deputy Governor Reposes Confidence In Dr. Addison
A former deputy governor of the Bank of Ghana, Emmanuel Asiedu Mantey has expressed optimism in the newly appointed governor of the Bank of Ghana Dr. Ernest Addison. Dr. Addison was sworn in as the...
Gov’t $ 2.25bn Bonds Will Not Crowd Out Private Sector
One of three book runners for Government of Ghana’s four bonds issued recently, totaling 2.25 billion dollars has downplayed fears that the success of the bonds auction will have a negative impact...
GHC 50,000 Donation Won’t Compromise Us – Police Service
The Police administration has dismissed claims that a donation of GHC 50,000 presented to it by a Chinese businessman will compromise them in the fight against illegal mining, popularly known as...
Depreciating Cedi Blamed For Increase In Fuel Prices
The fast depreciation of the cedi against major currencies is responsible for the frequent increase in petroleum products in the country, a dealer and transporter of petroleum products has said. The...
Prices of Spare Parts Not Cut Yet
Dealers of second-hand spare parts across the country have not reduced prices of their wares although the government has scrapped the import levy on such items as promised, Ampadu Siaw, Chairman of...
Chinese Yuan Can Offer Cedi Respite
The Association of Ghana Industries (AGI) has called on the Bank of Ghana (BoG) to consider enhancing its yuan trading capacities in order to provide an alternative to the dollar to importers who do...
MPs Must Pay C1,000 To Save Babies At KATH
The Member of Parliament for Okaikoi Central in the Greater Accra Region Patrick Yaw Boamah, is rallying fellow MPs to contribute a 1000 cedis each towards an immediate expansion of the Komfo Anokye...
Eurozone Unemployment Rate Drops To Near Eight-Year Low
The eurozone's unemployment rate has continued to fall, dropping to a near eight-year low in February. Figures from the Eurostat agency showed the jobless rate fell from 9.6% in January to 9.5% - the...
‘Chop Chop’ At Fire Service; Donations, Contract Monies Missing
Corruption has started germinating from the stables of the Ghana National Fire Service (GNFS), leaving many people to wonder whether the canker is likely tobseize in the public sector. Information...
Fire Guts Nayiri’s Palace In Nalerigu
Fire on Saturday afternoon reduced the bedroom of the overlord of the Mamprugu Kingdom Nayiri, Naa Bohugu Abdulai Mahami Sheriga, into ashes. Several belongings of the king estimated at several...
Salvaging the Sinking Cedi
The economy of Ghana is still developing and the need for export earnings to support national expenditure which is substantially denominated in convertible currency is so overwhelming. The unbridled...
Ghana Raises 1.12 Billion USD In Domestic Bonds
Ghana came out of the market late Friday with 4.87 billion Ghana cedis (1.12 billion U. S. dollars) in two concurrent domestic market bonds. The lead arrangers-- Barclays Bank, Stanbic Bank and...
Check Out The 7 Strongest Currencies On the African Continent
To emphasize on the strength of currencies, here is a list of the seven strongest African currencies… Currency is the unit of exchange of either good or services generally accepted in a country....
Kuenyehia Prize Announces Its 2017 Shortlist
After two successive seasons, Ghana’s most prestigious art prize, the Kuenyehia Prize for Contemporary Ghanaian Art has announced the ten artists who have made the final cut into the 2017...
Fuel Prices To Drop By 2 Percent In April
The Institute for Energy Security (IES) has predicted a further drop of fuel prices by about 2% in the 1st pricing window of April. The Institute believes the drop could be attributed to the removal...
IMF Urges Nigeria To Lift FX Restrictions, Dump Multiple Exchange Rates
The International Monetary Fund called on Nigeria on Thursday to lift its remaining foreign exchange restrictions and scrap its system of multiple exchange rates to revive the country’s...
S.Africa’s Popular Former Finance Minister
Pravin Gordhan, who was sacked late Thursday, is liked and admired by many ordinary South Africans -- an unusual achievement for any finance minister. He held onto the purse strings for longer than...