by;brightwebtv Petroleum prices in Ghana are set to experience a slight increase in the upcoming pricing window of June, except for Liquefied Petroleum Gas (LPG), according to the Chamber of Petroleum Consumers (COPEC). This increase has been attributed to the depreciation of the cedi against major currencies. The Executive …
Read More »2023: Cocoa prices increased by 15.2%
By:brightwebtv/bananas are barimah 2023: Cocoa prices increased by 15.2% Data from the Bank of Ghana has revealed that cocoa prices increased by $384.51 per tonne which is 15.2% in the first four months of 2023. In December 2022, prices were pegged at $2,539.86 per tonne which rose to $2,924.37 …
Read More »Transport union insists ‘Gold for Oil’ triggered low fuel prices
File photo National Chairman of General Transport, Petroleum and Chemical Worker Union (GTPCWU) of TUC, Bernard Owusu, believes the recent decrease in fuel prices is a result of the Gold for Oil policy. This contrasts with the Institute for Energy Securities’ (IES) ideology that the fall in prices of …
Read More »Gold for Oil has nothing to do with fuel prices reduction – IES
Executive Director of the Institute for Energy Securities (IES), Nana Amoasi VII, has said that the recent reduction in fuel prices has nothing to do with the ‘Gold for Oil‘ policy. According to him, the fall in oil prices in the international market and the cedi appreciation are what …
Read More »Fuel prices drop by 5 percent
File photo Some Oil Marketing Companies (OMC) have started reducing prices of petroleum products at the pumps from today, February 16, 2023. This is the second time fuel prices have been reduced this year. GOIL has reduced its prices. A litre of petrol is going for ¢14.50. This represents …
Read More »Fuel Prices To Go Up Between 5% And 9% Barring Govt Intervention
Barring any government intervention, fuel prices will go up between 5% and 9% per litre from January 16, 2023 at the pumps. This will be the first time in a month that prices of petroleum products will increase. According to the Institute for Energy Security (IES), the expected surge …
Read More »Fuel prices drop by 8%
Some major Oil Marketing Companies (OMCs) have begun reducing prices of some petroleum products at the pumps. Market leader, GOIL has announced a reduction in prices by more than 8%. GOIL has reduced the price of diesel by ₵1.50, selling the product at ₵14.60 per litre. Petrol on the …
Read More »Used clothing dealers announce reduction in prices
The Used Clothing Dealers Association has announced a 30% reduction in the prices of their goods. The Public Relations Officer of the association, John Obiri-Yeboah, made the announcement at a press conference in Accra on Tuesday. According to him, the leadership of the association took the decision in consultation …
Read More »Akufo-Addo appeals to traders to reduce prices of goods
Makola Market in Greater Accra Region / Credit: Myjoyonline.com President Nana Akufo-Addo has pleaded with the business community and industry to reduce the prices of goods and services as the cedi appreciates against major international currencies. Speaking on Sunday during the Centenary Celebration of the Ga Presbytery of the …
Read More »Abossey Okai spare parts dealers reduce prices of their wares
As the cedi keeps racing fast behind the dollar, spare parts dealers have reduced prices of their wares by about 10% to 20%. The Chairman of the Abossey Okai Spare Parts Dealers Association, Clement Boateng in an interview with Joy News’ The Pulse on Thursday, said spare parts dealers had since …
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