BUSINESS

  Ghanaians will begin paying more for sachet and bottled water from today, Monday, October 31, 2022. This follows a recommendation from the National Association of Sachet and Packaged Water Producers for prices of sachet water to go up by 60 pesewas. It also suggested that 500ml bottled water be …

  Fuel prices are expected to go up at the pumps mid-November, the Institute for Energy Security (IES) has projected. This is due to the significant depreciation of the Cedi against the American greenback, and the appreciable increase in Gasoil price on the international fuel market. [adrotate group=”2″]“In IES’ estimation, …

  File photo Traders in the Central Business District of Kumasi, capital of the Ashanti Region, say they will only reduce prices of goods if the local currency appreciates against other international currencies. According to them, though they are willing to sell their products at a relatively cheap price, high …

  Workers of Tema-based Volta Aluminum Company (VALCO) are protesting the continuous stay in office of some top management personnel who they described as retirees. According to the workers, the retirees at the company number about 28 – nine being in administration. The workers are also protesting their poor conditions …

  The National Chairman for the Concerned Drivers Association urged all passengers to comply with the new fare increment The Concerned Drivers Association has announced a 30 per cent increment in transport fares. The increment takes effect from Saturday, 29 October 2022. The Ghana Private Road Transport Union (GPRTU) had …

  An economist, Professor Godfred Alufar Bokpin, says the Ghanaian cedi is on course to exchange 15 cedis to a dollar before the end of the year. According to the Professor, the depreciation of the local currency will not stabilise anytime soon. However, he has urged Ghanaians to be calm …

  Ghanaians have no choice but to pay more for goods and services, as the country’s inflation rate keeps soaring. There is currently no end in sight with the inflation rate, which keeps defying measures put in place by government. The rate has moved from 33.9 percent in August 2022 …

  Pamela Djamson Tettey – MD, GACL addresses Dep.Min. Transport, Hassan Tampuli (in white shirt) and members of Parliament’s Select Committee on Roads and Transport during the team’s day’s visit to Kumasi and Tamale airports on Monday A Deputy Minister of Transport, Hassan Tampuli, has backed the request of the …

  The President of the Ghana Union of Traders Association (GUTA), Dr Joseph Obeng, has predicted that this year’s Christmas festivities will be affected by the prevailing economic difficulties in the country. According to him, the lack of money in the system will affect the purchasing power of consumers as …

  Co-founder of defunct UT Bank, Prince Kofi Amoabeng, has opened up on adjustments he made to survive the collapse of his bank. The businessman says he, among other things, had to sell his mansion for an apartment in order not to get broke. “I have one watch and one …