Search: “US dollars”
6 results found
Court jails foreign national 5 years after GH¢1.9m & US$191k fake currency conviction
Summary
Why did a court sentence an Indian national after fake currency was discovered at his workplace in Accra?
Shubham Sharma, an Indian national, was sentenced in Accra for possessing fake currency- GH¢1.9 million and $191,900. Sharma, a former manager, allegedly replaced genuine company cash with the counterfeit notes while his employer was abroad.
Politics
2 min read
Manager jailed five years for possessing fake currency
Summary
An Accra court has handed down a sentence for currency fraud, but the details of the case are quite shocking...
Shubham Sharma, a manager, has been sentenced to imprisonment for possessing fake currency - specifically GH¢1,976,000 in fake GH¢200 notes and US$191,900 in counterfeit US$100 notes. The court also directed his deportation after serving his sentence, but what led to this?
Politics
2 min read
PURC introduces Ghana's first commercial EV charging tariff
Summary
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.
Business & Economy
3 min read
Utility tariffs drop: Electricity down 4.81%, water down 3.06% starting April 1
Summary
Ghanaians will soon see changes in their utility bills - but what's driving these shifts?
The PURC has announced a reduction in utility tariffs, effective April 1, 2026. Electricity will decrease by 4.81% and water by 3.
Business & Economy
1 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
GACL terminates Fixed Base Operation agreement with McDan Aviation over persistent debt
Summary
Why did Ghana Airport Company lock up Terminal 1, and what does it mean for McDan Aviation's future operations?
GACL has terminated its agreement with McDan Aviation due to unpaid fees since 2022. Despite multiple notices and a payment plan, McDan's debt remained, leading to the termination in January 2026. GACL is pursuing the remaining debt from the McDan Group.
Business & Economy
3 min read