Search: “inflation”
10 results found
The projected fuel price could affect recent gains made in inflation rate - GNCCI
Summary
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.
Business & Economy
1 min read
GoldBod rejects allegations of inflated laptop procurement; labels as it as 'complete falsehood'
Summary
Why is GoldBod defending its laptop purchases, and what does this mean for public trust in the board's operations?
GoldBod denies allegations of inflated laptop procurement, stating the GHS322,500 purchase of 15 Lenovo ThinkPads was legitimate. The board claims the procurement from GET4LESS Ghana Limited followed PPA guidelines and Ministry of Finance approval.
Business & Economy
2 min read
GH¢21bn audit exposes criminal intent and wilful negligence - Inusah Fuseini
Summary
Massive irregularities in public claims suggest more than just errors, but what could this mean for those involved?
Inusah Fuseini alleges criminal intent behind GH¢21bn in irregular public claims. An audit revealed duplicated invoices and unsupported documentation. The Finance Ministry has referred the matter to the Attorney-General for possible prosecution - but what will they uncover?
Politics
2 min read
Gov't diverting attention from pressing issues with GH¢21bn audit narrative - Okyere Baafi
Summary
Is the GH¢21 billion audit exposé a genuine effort, or a calculated move to distract Ghanaians?
Michael Okyere Baafi claims the government is using a GH¢21 billion audit narrative to divert attention from pressing issues. He argues the figures are misrepresented, following Finance Ministry disclosures of GH¢68.7 billion in public claims submitted for audit.
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
Here's what you'll pay after PURC's cut in water and electricity tariffs from April 1
Summary
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.
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
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