Business News

Transports operators told to reduce fares immediately

The driver unions had pushed for an increment in lorry fares The Chamber of Petroleum Consumers (COPEC) is demanding that lorry fares be reduced immediately following President Akufo-Addo’s directive that transport operators can revert to taking full capacity of their vehicles. The driver unions had pushed for an increment in …

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Government extends free supply of water and electricity

Finance Minister, Ken Ofori-Atta Finance Minister Ken Ofori-Atta on Thursday announced the extension of free water and electricity supplies to consumers. The relief package was instituted by the government in response to the economic and social challenges of the Covid-19 pandemic.  The period for water, which ended in May 2020, would be …

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IES predicts marginal fuel price increase

John Peter Amewu, Energy Minister Consumers of gasoline and gasoil in the Republic of Ghana should be prepared to pay more for the commodity in the coming days. According to the Institute for Energy Security (IES), prices of fuel is likely to witness about 1.5 percent increment.  Oil market leaders …

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SEC moves to protect investors with new directive

Rev. Daniel Ogbarmey Tetteh, Director General, Securities and Exchange Commission In an effort to further protect investors, the Securities and Exchange Commission has issued a new directive to all Capital Market Operators open, maintain and operate Trust Accounts for and on behalf of its clients, effective Thursday, July 16, 2020. …

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