Search: “industry”

Ghana's EV charging gets a price - but what does this mean for drivers and 'dumsor'?

PURC has introduced a commercial tariff of GH¢2.016 per kilowatt-hour for charging EVs, plus a GH¢500 monthly service charge. This is part of a quarterly review that also includes reduced electricity and water tariffs starting April 1, 2026.

Will rising fuel costs derail Ghana's progress on inflation, threatening economic stability?

The GNCCI warns that projected fuel price hikes could reverse Ghana's recent inflation gains. Inflation is currently at 3.3 percent as of February 2026 - the lowest in decades.

Ghanaians should brace themselves as fuel prices are set to surge - but what's driving this sharp increase at the pumps?

Fuel prices in Ghana are projected to increase significantly from March 16, 2026, with petrol rising by 16.93% and diesel by 17.21% - according to COMAC.

Ghanaians are about to get some relief on their utility bills - but will the savings last?

The PURC has announced a reduction in electricity and water tariffs, effective April 1, 2026. Electricity will decrease by an average of 4.81% and water by 3.

Despite settling rent, McDan Aviation faces GACL's repossession of Terminal 1 - what's next for the aviation company?

McDan Aviation claims it has settled rent arrears cited by Ghana Airports Company Limited (GACL) amid a dispute over Terminal 1. McDan insists GACL's repossession was premature, lacking a 90-day eviction notice. The company is pursuing legal options to protect its investment.

Why are young cocoa farmers in Ghana so frustrated with the government and threatening to abandon their farms?

Young cocoa farmers are demanding immediate payment for beans delivered months ago. The Young Cocoa Farmers Association warns that further price cuts could push farmers to abandon cocoa for illegal mining.

Will the government offer tax relief as oil prices surge past $100, impacting Ghanaian businesses?

AGI's CEO, Seth Twum-Akwaboah, is urging the government to cut levies and offer fiscal support to businesses due to rising oil prices - now over $100 a barrel. He suggests tax relief or levy adjustments to help businesses cope with increased operational costs.

AGI warns global conflicts could soon impact Ghana's factories - but how severe will the disruptions be?

Ghana's factories could soon face challenges due to global conflicts, according to AGI President Seth Twum Akwaboah. He warns that continued disruptions will raise production costs as manufacturers rely on imported inputs.

Ghanaians may soon feel a pinch at the pumps as fuel prices are set to change - but by how much?

The NPA has increased the price floor for petrol to GH¢11.57 per litre and diesel to GH¢14.35 per litre, effective March 16.

Why is McDan Aviation claiming foul play against the Ghana Airport Company, and what's at stake for local aviation?

McDan Aviation accuses Ghana Airports Company Limited (GACL) of trying to shut down its operations at Kotoka International Airport. McDan claims GACL violated their agreement and a court order after a rent payment delay. The dispute threatens Ghana's first indigenous Fixed Base Operation (FBO).

Attacks on ships and a major threat to global oil supply have investors on edge - what will happen next?

Oil prices surged past $100 a barrel despite the IEA's plan to release a record 400 million barrels of oil. Iran's leader threatened to block the Strait of Hormuz, a key shipping route. Concerns are rising about the impact on the global economy.

Standard Chartered Bank Ghana was recognized for excellence, but what does this mean for businesses operating in Ghana?

Standard Chartered Bank Ghana won the Excellence in Cash Management Award at the Connected Banking Summit. The award recognizes the bank's cash management solutions for corporate clients in Ghana and international markets. The solutions help businesses manage liquidity and streamline payments.