Search: “Strait of Hormuz”
7 results found
Fuel prices to increase from March 16; Petrol up by 16.93%, diesel 17.21%
Summary
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.
Business & Economy
4 min read
Iran-US-Israel War: What it means for Ghana real estate investors
Summary
With global markets rattled by the Iran-US conflict, how safe are your Ghana real estate investments?
The US and Israel launched strikes on Iran, impacting global markets and oil prices - now over $100/barrel. This could affect Ghanaians planning real estate investments in Accra. The conflict's impact on Ghana's economy is under scrutiny.
Business & Economy
4 min read
We expect some tax relief if oil prices continue to surge - AGI
Summary
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.
Business & Economy
2 min read
Oil price jumps despite deal to release record amount of reserves
Summary
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.
Business & Economy
5 min read