The Minority in Parliament says government’s economic policies are failing to improve the living conditions of Ghanaians following reports of 15% increase in transport fares. They point to an...
Member of Parliament for Ofoase Ayirebi and a member of the Finance Committee in Parliament, Kojo Oppong Nkrumah has lamented over the 15% increment in transport fares. According to him, it would...
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...
Some taxi drivers in the country have planned to embark on a demonstration this Wednesday, April 5 if government does not reduce the prices of fuel. The drivers who belong to the “True Drivers...
A new tax regime came into effect from March 31, 2017, following the amendment of some tax laws. Changes to the tax system follows the repeal of the Customs and Excise (Petroleum Taxes and Petroleum...
Transport fares have been increased by 15 percent effective Thursday, April 6, 2017. This was announced in a statement from road transport operators. Transport operators have been advised to comply...
Parliament last Friday passed the Appropriation Bill, 2017, which has given the Minister of Finance the authority to withdraw money not exceeding GH¢64,116,793,031 from the Consolidated Fund and...
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...
A founder Member of the New Patriotic Party (NPP), Mr George Ayisi-Boateng, has asked leading members of the party not to interfere with the work of the police in dealing with members of the Delta...
Ghana lost an estimated GHC43 million in 2014 as a result of fraudulent practices in the petroleum sector, the Chief Executive Officer (CEO)?of the National Petroleum Authority (NPA), Mr Alhassan...
Prices of petroleum products are expected to fall further in the first pricing window of April, the Institute for Energy Security (IES) has said. Already, the prices have been reduced by oil...
For the second time in March this year, GOIL has reduced prices of its petroleum products at its fuel stations across the country GOIL’s Super XP (petrol) has been reduced by five pesewas per litre...
CIMG Petroleum Company of the year, GOIL, has taken the lead to reduce its ex-pump prices of petroleum products again, the second before the end of the March window. A statement released in Accra...
THE National Petroleum Authority (NPA) says GH¢43million in petroleum profits were stolen by cabals due to the absence of an effective tracking system. This represents 12.3% of annual freight...
Revelations that the state lost some $490 million last year to the activities of a petroleum cartel has gotten the nation talking and two key industry stakeholders have called for government action....
Revelations that the state lost some $490 million last year to the activities of a petroleum cartel has gotten the nation talking and two key industry stakeholders have called for government action....
The Ghana Chamber of Bulk Oil Distributors (CBOD) has called on the government to take pragmatic measures to deal with the inconsistencies in the policy regarding the petroleum downstream sector....
Effective July 1, 2017, petrol and diesel imported into the country will have a maximum sulpur content level of 50 Parts Per Million (ppm), Chief Executive Officer (CEO) of National Petroleum...
Cedi has finally recorded sustained appreciation against major international currencies including the U. S dollar, which is currently trading at around GH4.36 on the interbank market. This is the...
Despite the huge public outcry against toxic diesel sold in Ghana which endangers the health of the citizens, in the later part of last year, it appears very little has been done to address the...
