President John Mahama has expressed confidence that Ghana’s economy is now resilient enough to withstand external shocks, following a series of measures implemented by his administration over the past year. Speaking during his ‘Resetting Ghana Tour‘ in the Bono Region on Wednesday, March 18, the President said recent global developments, including tensions involving Israel, Iran […]
Oil marketing firm, GOIL, has again reduced prices of petroleum products at its service stations across the country. In a post on its social media page a while ago, the firm said it has reduced the price of petrol to GH¢12.28, from GH¢12.40 earlier announced. Diesel has also been reduced to GH¢14.98 per litre, from […]
Some Oil Marketing Companies (OMCs) have started adjusting fuel prices at the pumps from today, March 16 2026. This is coming after it was projected that this pricing window will witness one of the highest increases in recent times. Checks by Joy Business this morning March 16, 2026, showed that Star Oil has increased prices […]
Governor of the Bank of Ghana, Dr Johnson Asiama, has cautioned that rising tensions in the Middle East could undermine Ghana’s progress in reducing inflation, despite recent improvements in the country’s macroeconomic indicators. Speaking at the opening of the 129th meeting of the Monetary Policy Committee (MPC), Dr Asiama noted that developments in the global […]
McDan Aviation Limited has accused the Ghana Airports Company Limited (GACL) of breaching a court injunction and violating contractual terms in what it describes as a midnight operation at Terminal 1 of the Accra International Airport. In a statement issued on March 12, the company said the actions by the state-owned airport operator were aimed […]
The National Petroleum Authority (NPA) has set new minimum price floors for petroleum products for the second pricing window of March, effective March 16 to March 31. Under the revised price floor, petrol has increased from GH¢10.46 to GH¢11.57 per litre. Diesel has also seen a significant adjustment, rising from GH¢11.42 to GH¢14.35 per litre. […]
Oil prices continued to rise on Thursday despite major countries agreeing to release a record amount of oil from their emergency reserves as they try to curb the impact of the Iran war. Brent crude rose by almost 9% to top $100 ($74.79) a barrel in Asia trading even after all 32 members of the International […]
Brent oil prices are set to trade above $95 a barrel over the next two months as the Iran war disrupts supplies, before falling to around $70 by the end of the year, the Energy Information Administration said on Tuesday in a monthly report. Oil shipments have been largely blocked from using the Strait of […]
The Communication Minister, Samuel Nartey George, has revealed that Cabinet has approved a completely new SIM registration exercise following what he described as an extensive review of the previous process. According to the Minister, the earlier exercise faced several challenges, including weak biometric enforcement, data inconsistencies and cases of registration fraud. He disclosed this during […]
The cedi’s rate of depreciation against the US dollar has slowed significantly in the first week of March 2026. The local currency, which had depreciated by more than 4% earlier in the year based on price quotes by some major commercial banks, has now recorded a much slower depreciation of about 1.65% since the beginning […]
The CEO of the Ghana Chamber of Oil Marketing Companies, Dr Riverson Oppong, has rejected claims that the National Petroleum Authority (NPA) has scrapped fuel discounting. He insists the regulator has only corrected what he describes as a long-standing error. Speaking on JoyNews’ PM Express on Wednesday, he said the public narrative around the directive […]
The National Petroleum Authority (NPA) has moved to halt discounted fuel pricing by Oil Marketing Companies (OMCs) and LPG Marketing Companies (LPGMCs) under the revised Petroleum Pricing Guidelines, set to take effect from March 16, 2026. Under the new directive, all OMCs and LPGMCs must ensure uniform pricing across their retail outlets. The price quoted […]
