Sachet water producers have clarified that the recently announced GH¢15 price for a bag of sachet water is a maximum retail limit and not a uniform selling price across the market. According to Kwame Agyapong-Ntra, the price cap is intended to serve as a guideline in response to rising production costs driven by global economic […]
The Ghana Private Road Transport Union (GPRTU) is scheduled to meet with the Ministry of Transport on Tuesday, April 7, to discuss the growing concerns over escalating fuel prices and their impact on the transport sector. The engagement comes amid heightened pressure on operators following recent increases in petroleum costs. The discussion is expected to […]
Disruption to shipping routes linked to the Iran war has left about eight million kilograms of tea stuck in warehouses in Kenya’s port city of Mombasa for weeks, threatening export earnings and farmer incomes, the head of the East Africa Tea Traders Association said. George Omuga, managing director of the association that runs the Mombasa […]
Minority Leader Alexander Afenyo-Markin has described a growing imbalance that is pushing Ghanaian businesses out of their own markets, warning that current policies are tilting the playing field in favour of foreign dominance. The warning follows a March 31 engagement between the Minority Caucus and the Ghana Employers’ Association, where industry leaders outlined mounting pressures […]
Airline ticket prices for both domestic and international travel are set to increase from today, as carriers begin implementing the government’s Airport Infrastructure Development Levy. The new charges are expected to push up fares across all routes, with domestic passengers paying an additional GH¢100 for flights within Ghana. For regional travel, passengers will pay an […]
Some Oil Marketing Companies (OMCs) have started increasing pump prices ahead of the scheduled April 1, 2026, adjustments under the Price Deregulation Policy. One of the biggest players in the industry, GOIL, announced in a social media post that petrol has increased from GH¢12.24 to GH¢13.30 per litre, while diesel has risen from GH¢15.69 to […]
The government plans to borrow fresh debt in treasury bills and bonds worth GH¢15.231 billion between March and June 2026. This is to support budget implementation whilst rolling over existing debt maturities. The issuance of the treasury securities will be via the 91-day, 182-day and the 364-day treasury bills. It will be done weekly through […]
The government is set to issue a 7-year cedi-denominated bond on March 30, 2026. It’s also hoping to carry out initial pricing guidance as well as opening the book building on that same day. The disclosure was captured in an Issuance Announcement Document picked by JOYBUSINESS from one of the financial institutions facilitating the offer. This is the first […]
The Commonwealth Enterprise and Investment Council has highlighted major business opportunities tied to the 2026 Commonwealth Games in Glasgow. Speaking at a business forum in Accra, the Deputy British High Commissioner to Ghana, Keith McMahon, said the Games, scheduled from July 23 to August 2, 2026, will go beyond sport to serve as a major […]
The Ashanti Regional Branch of the Ghana Union of Traders Association (GUTA) has called on the government to take urgent steps to address the mounting challenges faced by traders in the region. The Association made particular reference to the high cost of transporting goods from Tema harbour and alleged harassment by customs and security officials. […]
If the price of oil hits $150 a barrel, it will trigger a global recession, the boss of US financial giant BlackRock has told the BBC. Larry Fink, who leads the world’s largest asset manager, said if Iran “remains a threat” and oil prices stay high it will have “profound implications” for the world economy. […]
The price of Brent crude oil has risen back above $100 a barrel, after plunging on Monday, as conflicting accounts of potential talks between US and Iran emerged. On Tuesday in Asia, the oil benchmark rose by 4% to $103.94 (£77.57) a barrel, while Nymex Light Sweet was 4.1% higher at $91.75. The price of […]
