Traders have called on the government to take urgent steps to reduce fuel prices to mitigate the economic hardships they currently face. According to the traders, the continued increment in fuel prices had increased the cost of transporting foodstuffs from the farm gates in the rural areas to urban markets. They also said middlemen who […]
The persistent rise in the prices of petroleum products at the pumps in the last couple of months will now be a thing of the past, the Chief Executive Officer of the Chamber of Bulk Oil Distributors (CBOD), Senyo Hosi, has assured. This follows the major intervention by the Bank of Ghana (BoG). The central […]
The Chamber of Bulk Oil Distributors (COBD) says there will be some reprieve for consumers of petroleum products soon because of some measures the Bank of Ghana (BoG) has announced. The Central Bank has announced it will provide more forex for importers of petroleum products at competitive rates, which is expected to check the recent […]
Government has directed the Ghana Oil Company (GOIL) to reduce price of fuel at the pumps effective Tuesday, December 7. This follows a crunch meeting between government and transport operators at the Presidency on Monday evening. Head of Communications at the GPRTU, Abass Imoro, who disclosed this on PM Express with Evans Mensah, on Monday, said government […]
The coalition of private transport operators have threatened to embark on a strike action if government does not reduce taxes on fuel. The group has given the government a three day ultimatum to grant their request or face the wrath of their members. The strike action is to commence at 3pm on Thursday, November 11, […]
The Institute for Energy Security (IES) says fuel prices are inching towards 24 Ghana Cedis per gallon. This was captured in its first pricing window projections for June 2019. A statement issued by the institute and signed by its research analyst, Mikdad Mohammed attributes the trend to a combination of international market prices as well […]
