Showing 10 of 10 results
10 Apr•4 min read
GCB Bank surges GH¢0.45, ETI gains GH¢0.06 as GSE ends week higher
Summary
The GSE Composite Index saw gains as investors focused on banking and insurance. What's driving this?
The Ghana Stock Exchange saw investors returning to banking and insurance counters. Market capitalisation expanded, hinting at growing investor confidence- but what does this mean for the average Ghanaian?
17 Mar•2 min read
GOIL inherited $110m debt owed to BP - CEO reveals
Summary
GOIL faced major financial hurdles when the current CEO took over - but what challenges did he inherit?
GOIL's CEO, Edward Bawa, discussed the company's financial state upon his arrival in 2025. He inherited significant financial obligations - raising questions about the company's competitiveness in the petroleum market.
17 Mar•2 min read
I inherited $110m debt owed to BP as GOIL CEO - Edward Bawa
Summary
Edward Bawa took over GOIL with a massive debt - what challenges did this present?
GOIL PLC's CEO, Edward Bawa, discussed the company's financial state upon his arrival in 2025. He highlighted the challenges of a substantial debt owed to a major petroleum supplier - hinting at the uphill battle faced by the company.
16 Mar•2 min read
OMCs begin fuel price increases; Star Oil sells petrol at GH¢12.49
Summary
Fuel prices are on the rise - what factors are at play and how will this affect your wallet?
Oil Marketing Companies (OMCs) in Ghana are beginning to adjust fuel prices at the pumps. Industry experts cite global crude oil prices and geopolitical tensions - but what impact will this have on consumers?
16 Apr•2 min read
Some OMCs begin fuel price cuts as GOIL, Star Oil adjust prices in line with NPA floor
Summary
Leading OMCs adjust prices - but will others follow suit, and what does it mean for your wallet?
Some Oil Marketing Companies (OMCs) in Ghana, including GOIL and Star Oil, have started reducing fuel prices. The move follows government interventions and an announcement by the National Petroleum Authority (NPA) - but will this ease the burden on consumers?
16 Mar•3 min read
Fuel prices jump ahead of March 16 review as OMCs move early to manage demand
Summary
Fuel prices are on the rise - what's driving the surge and how will it impact your wallet?
Some Oil Marketing Companies in Ghana have started increasing fuel prices ahead of the March 16 pricing window. This early move to manage demand comes after a surge in purchases - but what does it mean for consumers?
16 Mar•3 min read
No conclusion for fare increment yet-GPRTU
Summary
GPRTU is meeting to discuss transport fare hikes- drivers are pushing for change, but will the Union agree?
The Ghana Private Roads and Transport Union (GPRTU) is considering transport fare adjustments. Union leaders are meeting with a technical team to assess operational costs- but what factors will they consider?
17 Mar•2 min read
OMCs price war intensifies; GOIL reduces petrol to GH¢12.40, diesel going for GH¢14.98
Summary
Ghana's top OMCs are slashing prices at the pump- but what's fueling this sudden generosity?
GOIL and Star Oil are locked in what some are calling a price war- much to the delight of consumers. The reductions come amidst President Mahama's efforts to ease economic pressures- but could there be more than meets the eye?
17 Mar•3 min read
Star Oil reviews pump prices again; sells petrol at GH¢12.29, diesel pegged at GH¢14.99
Summary
Star Oil reviews prices again! What could be the reason for the sudden change?
Star Oil, a market leader, has announced another price review for petroleum products at its various pumps- leaving consumers wondering what is happening. This comes at a time when other players in the market are also adjusting their prices- but what could be the reason?
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