Business

1,739  Data from the Bank of Ghana indicates a downward trajectory of both consumer and business confidence in the general economy since the end of 2020. Both the Consumer and Business Confidence Indices have consistently been below the 100 mark since January 2021. The consumer confidence index has averaged 86.13 during this period while the […]

2,174  MTN Ghana has announced the addition of a new network code 053. This new network code complements the existing codes of 024, 025, 054, 055 and 059. Commenting on the new network code, the Chief Sales and Distribution Officer of MTN Ghana, Samuel Addo, said “in this digital age, it is important we ensure […]

1,606  MTN Ghana Foundation has announced the comeback of its annual blood donation exercise dubbed “Save a Life” after a two year break due to the COVID-19 pandemic. The program was initiated to give staff of MTN, its trade partners and the public the opportunity to show love on Valentine’s Day by donating a unit […]

2,001  Scancom PLC (MTN Ghana) has announced an upward review of the tariffs of its products and services effective February 07, 2023. The review is as result of two changes. Firstly, the implementation of the 2.5% statutory adjustment of VAT from 12.5% to 15% across all services. This will impact both Prepaid and Post-paid customers. […]

1,949  Starting tomorrow ,Monday 6TH February,2023 , Independent petrol marketers in Nigeria are expected to close down operations as the government enforces the N195/liter pump price for Premium Motor Spirit, commonly referred to as petrol. The decision to sell petrol at N195/liter was made at a meeting in Abuja between the Nigerian National Petroleum Company […]

2,272  Ghana National Gas Company (GNGC) has commenced the process of adding a second gas processing plant to increase the national processing capacity to 450 million standard cubic feet per day (mmscfd). The plant, to be known as Train Two, of the Gas Processing Plant (GPP), will be constructed at a cost of $700 million […]

1,672    A leading Oil Marketing Company (OMC), GOIL, has attributed the reduction in the price of diesel today, January 3, 2023 to the impact of the Barter of ‘Gold for Oil’ barter programme. GOIL announced a 4% reduction in the price of diesel, resulting in a litre selling at ¢15.25. The company, however kept […]

2,004  The Ghana Private Road Transport Union (GPRTU) will meet next week to decide on an upward review of transport fares following the increases in fuel prices, the Industrial Relations Director of GPRTU, Alhaji Abass Imoro has said. According to him, the prices of fuel have gone up and tariffs for water and electricity have […]

1,829  State-Owned Enterprises will contribute 25 per cent of the country’s Gross Domestic Product (GDP) in 2023, the State Interests and Governance Authority (SIGA) has projected. The Ministry of Finance had charged the Authority to ensure that SOEs become economically viable and contribute at least 30 per cent to the GDP. Mr Edward Boateng, Director-General […]

1,890  The Institute of Energy Security (IES) is predicting an increase in fuel prices despite the Gold for Oil Policy being rolled out by the government. Speaking on Starr Today with Joshua Kodjo Mensah Monday January 30, 2023 Policy Analyst with the IES, Adam Yakubu said consumers should expect that by Tuesday or Wednesday prices […]