From January 2, 2023, prices for petroleum products are anticipated to decrease across the nation. This comes after certain significant Oil Marketing Companies (OMCs) started lowering rates at different pumps. According to checks made by GhanaWeb Business with a few OMCs, GOIL has decreased the cost of its petroleum products by roughly 8%. For…
The former CEO of the collapsed cryptocurrency exchange FTX, Sam Bankman-Fried, took a flight from the Bahamas to New York to face fraud-related charges. The 30-year-old was extradited on accusations of committing “one of the worst financial scams in US history,” according to US investigators. Mr. Bankman-Fried, who denies the claims, could appear in…
A 10% price cut on transportation has been announced by the Concerned Drivers Association. This information was presented in a statement the association released on Friday, December 16, 2022. “Noticed the huge fall in petrol costs at the pumps,” the group claims. According to the statement, “Transportation fares have not decreased despite the drop, but…
Ghanaians have been warned by the Central Bank not to borrow money from 19 unauthorised institutions. On August 22, 2022, it issued a statement that read, “The Bank of Ghana has noted that certain unlicensed organisations are giving loans to Ghanaians in violation of the 2016 Banks and Specialized Deposit-Taking Institutions Act (Act 930). These…
Bringing food price inflation to a 45-year high are milk and cheese According to recent data, the cost of staple foods like milk, cheese, and eggs is rising at its quickest rate in 45 years. From 14.5% in September to 16.2% in October, food price inflation increased significantly. The price of energy and gasoline…
According to majority leader Osei Kyei-Mensah-Bonsu, the entire majority caucus in parliament now supports calls to fire finance minister Ken Ofori-Atta. He asserts that the whole Majority Caucus now supports the group’s stance, despite the fact that the issue was originally raised by over 90 NPP MPs who organised a news conference to demand the…
