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The LPG Marketers Association has called off its 48-hour strike, following government’s intervention. Members of the Association had embarked on a strike to protest government’s planned implementation of the cylinder re-circulation policy which they say will collapse their business. The Association’s strike caused a lot of discomfort to many consumers across the country,...
The National Chamber of licensed Banker to Banker Lotto Operators and Agents thrown their weight behind the new annual registration fees being initiated by the National Lottery Authority. The Operators see the new fees which ranges between GHC100, 000 and GHC1 Million as a good news and are appealing to...
The President of the Republic, Nana Addo Dankwa Akufo-Addo, has charged the Bank of Ghana to help indigenous banks to grow and survive, as part of the ongoing reform of the banking sector being undertaken by the Central Bank. According to President Akufo-Addo, the viability of the banking and financial...
Members of the Ghana Liquefied Petroleum Gas (LPG) Operators Association (GLiPGOA) have today, Monday, 21 May 2018, begun an indefinite strike, ceasing the sale of LPG to the public.The decision was taken after a grace period of one week was given, to enable a favourable response from government.GLiPGOA had...
Shortage of LPG is set to hit the nation by next week if government fails to avert a possible strike by the Association of LPG retailers to be declared on Sunday, May 20, 2018. The Association’s intended move is to protest government’s decision to implement the Cylinder Recirculation model, claiming...
Fuel prices will go up marginally in the next pricing-window, the Institute for Energy Security has predicted. According to IES, an increase in the price of Brent Crude on the world market and the depreciation of the local currency are the main factors affecting the hike. “The increases in Brent Crude...
Government has said that they have saved the country from “unjustified extortion” by the erstwhile Mahama administration by negotiating for a new interoperability system created by the Ghana Interbank Payment and Settlement Systems (GhIPSS).“The Akufo-Addo administration at this stage is pleased to have had the opportunity to engage all...
Some concerned cocoa farming associations in Ghana have called on the government to pay keen attention to farmers who are cutting down their cocoa farms for rubber plantation benefits. The executive secretary of Licensed Cocoa Buyers Association, Mr Lawrence Botwe, in an interview with newsmen described the situation as alarming. According...
The President of the Republic, Nana Addo Dankwa Akufo-Addo, says his government is going to use oil revenues to create assets for the country, and not waste it on consumption.  According to President Akufo-Addo, as a relatively new entrant in the league of oil-producing countries, Ghana is not going to...
The Vice President of the Republic, Dr Mahamudu Bawumia, has launched the first mobile money payments interoperability system in Ghana. This follows a challenge issued by the Vice President last year to the Bank of Ghana, the Ghana Interbank Payment and Settlement Systems (GhIPSS), the Telcos and financial institutions...
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