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Fuel prices to shoot up again from May 17




The new price could be pegged at Ghc 8.00

Fuel prices are likely to be increased again from Monday, May 17, 2021.

The increment is due to some new price changes made on the international market for the commodity, which was $520 per metric tonne but now pegged at about $545 per metric tonne.

This translates to about GH¢8 per litre at the local pumps for both petrol and diesel or around 5% on the international price index representing a further increase of about 1.25% variance on current pump prices.

According to a statement signed by Executive Secretary of the Chamber of Petroleum Consumers –Ghana, Duncan Amoah, the increases on the international market translates to around Ghp 8/litre on local pump prices for both petrol and diesel or around 5% on the international price index representing a further increase of about 1.25% variance on current pump prices.

Read the full statement below;





Barely a fortnight after prices at the pumps in Ghana shot up by over 12% due to the introduction of some taxes, increases in margins by the NPA and industry as well as increases on the international market fuel prices are set to go up again in the next few hours.

Geopolitical events over the past few days have led to increases in International Market Prices from $630.525/mt to around $655.625/mt for premium or petrol as of Friday whiles prices of AGO or diesel has moved from $520/Mt to $545/Mt.

LPG has also seen a little over $1.6377 increase within the period though the country’s currency has been relatively stable within the period.

These increases on the international market translate to around Ghp 8/litre on local pump prices for both petrol and diesel or around 5% on the international price index representing a further increase of about 1.25% variance on current pump prices.

This variance is expected to likely reflect at the Ghanaian pumps on or before Tuesday (18/05/2021) and will eventually add on to the recent increases of over 12% a few days ago thereby bringing the cumulative increases at the Ghanaians pumps to, in excess of a cumulative nominal Ghp 68/litre or 14% increases at the pumps within a spate of under 10 days.

The trend if not checked could likely continue or escalate as the geopolitical developments are pointing to bullish sentiments on the international market in the coming days.

The country does not have to seem to have in place any mitigating policies or programmes in place to cushion the average Ghanaian from these International Market price shocks as the effects reflect directly at the pumps and on pockets.

A myriad of taxes including the Price Stabilisation and Recovery Levy component on pump prices which should have provided a buffer in times like these for some of these price movements has barely ever been used to cushion Ghanaians and the market around these times when needed and thus fuel prices becoming pretty unbearable on pockets.

The country’s Strategic Stocks which could have also been used to offset these price movements on the international market is currently nonexistent as the Bulk Oil Storage and Transportation instead of holding strategic stocks has now become fully commercial in their outlook though they continue to take monies from Ghanaians at the pumps in the name of BOST margins, we believe this particular margin ought to be looked at again if we need to bring fuel prices down.

The current state of Ghana’s only National Refinery leaves so much to be desired as nothing seems to work from poor management practices and decisions as no productivity is happening there, even water has over the past few weeks been disconnected from the Refinery due to its inability to settle Ghana Water Company its indebtedness.

We call on Authorities to as a matter of urgency put concrete strategies in place to forestall these increases as it is affecting harshly the general cost of living within the country with transport operators waiting to slap increases on fares in the coming days.


Duncan Amoah
Executive Secretary.



Merck Foundation and First ladies recognized winners of “More than a Mother” Fashion Awards




Merck Foundation and First ladies of Ghana, Namibia and Zambia recognized winners of “More than a Mother” Fashion Awards with the aim to raise awareness about infertility and breaking its stigma in their countries
The 21 winners of 2020 across the three countries have been recognized for their extraordinary creative designs that deliver strong and influential messages to empower infertile women
WINDHOEK, Namibia, June 18, 2021/ — Merck Foundation (, the philanthropic arm of Merck KGaA Germany, announced the winners of Merck Foundation More Than a Mother FASHION AWARDS 2020 from Ghana, Namibia and Zambia. The awards are by Merck Foundation in partnership with the First Lady of Ghana, H.E. Mrs. REBECCA AKUFO-ADDO; the First Lady of Namibia, H.E. Mrs. MONICA GEINGOS and the First Lady of Zambia, H.E. Mrs. ESTHER LUNGU, who are also the Ambassadors of ‘Merck Foundation More Than a Mother’.

Senator, Dr. Rasha Kelej, CEO of Merck Foundation and President of Merck Foundation More Than a Mother emphasized, “Big congratulations to the 21 winners of Merck Foundation More Than a Mother Fashion Awards 2020. We launched these awards in partnership with our long-term partners and my dear sisters; H.E. REBECCA AKUFO-ADDOThe First Lady of Ghana; H.E. MONICA GEINGOS, The First Lady of Namibia; and H.E. ESTHER LUNGU, The First Lady of Zambia. I am thankful for their support and contribution as Ambassadors of Merck Foundation More Than a Mother. In 2021 we have launched the fashion awards in partnership with 20 Africa first ladies to give opportunity for these countries however the awards are open for all countries. The 21 winners of 2020 across the three countries have been recognized for their extraordinary creative designs that deliver strong and influential messages to empower infertile women and say ‘No to Infertility Stigma’ and create meaningful fashion trends to educate their communities that ‘Fertility is a Shared Responsibility.”

Merck Foundation More Than a Mother Fashion Awards 2020 winners are rewarded with $500 each to execute and showcase their winning designs so that people can have the opportunity to wear them and build advocacy to break the Infertility stigma for women and men.

Merck Foundation appreciates the creativity of winners and considers it to be instrumental to break the silence and be the voice of the voiceless in the communities, hence, Merck Foundation additionally rewarded all the winners with one year of access to an online educational training program called “MasterClass”. The MasterClass is an immersive online experience and self-paced learning course in English that can be accessed anywhere within the Internet network.

“I encourage the winners to be the ‘Merck Foundation More Than A Mother Advocate’ to further empower infertile women and all women and girls in general and to eliminate infertility stigma. I also welcome them as valuable members of ’Merck Foundation Alumni’”, added Senator, Dr. Kelej.

Here is the list of Award Winners:

Here are the winners from Ghana in partnership with H.E. REBECCA AKUFO-ADDO, The First Lady of Ghana and Ambassador of Merck Foundation More Than a Mother.


  1. Leticia Ashie Owusu
  2. Gifty Amonu Essel
  3. Kizito Ronald Jr
  4. Placid Leke
  5. Anuja Bharti
  6. Paul Akrofie
  7. Desmond Nhyira Amankonah

Here are the winners from Namibia in partnership with H.E. MONICA GEINGOS, The First Lady of Namibia and Ambassador of Merck Foundation More Than a Mother.


  1. Linrico Humphries
  2. Stephany-Lee Schmidt
  3. Aina Shigwedha
  4. Hope Gowera
  5. Ndara Immanuel
  6. Eugenia Benard
  7. Paulton Luciano Witbooi

Here are the winners from Zambia in partnership with H.E. ESTHER LUNGU, The First Lady of Zambia and Ambassador of Merck Foundation More Than a Mother.


  1. Nelly Banda
  2. Ruth chimbala
  3. Cecilia Njobvu
  4. Linda Ngwira
  5. Naomi Soko
  6. Gibstar makangila
  7. Kasonde Makangila

“Together, with the fashion industry, we would continue to play an instrumental role in eliminating the infertility stigma and empowering women in education and at all levels. I hope to receive many such outstanding entries from all African designers and students for our Merck Foundation Fashion Awards “More Than a Mother” 2021, announced in partnership with 20 African First Ladies”, explained Senator Dr. Rasha Kelej.

Details of Merck Foundation Fashion Awards “More Than a Mother” 2021

Who can apply?

All African Fashion Students and Designers are invited to create and share designs to deliver strong and influential messages to raise awareness about Infertility Prevention, Breaking Infertility stigma, and/or Empowering Girls and Women through Education.

Last date of submission:

30th August 2021

How to apply?

Entries can be submitted by sending the original sketches as an attachment(s) on:

[email protected]

The Subject line of the mail should mention: Merck Foundation FASHION AWARDS “More Than a Mother” 2021

Please specify your name, institution name, country, and contact details in the mail.

10 winners will be granted $500 each to execute their designs.

Distributed by APO Group on behalf of Merck Foundation.

Join the conversation on our social media platforms below and let your voice be heard:

Download Merck Foundation App:

About ‘Merck Foundation More Than a Mother’ campaign:
“Merck Foundation More Than a Mother” is a strong movement that aims to empower infertile women through access to information, education and change of mind-sets. This powerful campaign supports governments in defining policies to enhance access to regulated, safe, effective and equitable fertility care solutions. It defines interventions to break the stigma around infertile women and raises awareness about infertility prevention, management and male infertility. In partnership with African First Ladies, Ministries of Health, Information, Education & Gender, academia, policymakers, International fertility societies, media and art, the initiative also provides training for fertility specialists and embryologists to build and advance fertility care capacity in Africa and developing countries.

With “Merck Foundation More Than a Mother”, we have initiated a cultural shift to de-stigmatize infertility at all levels: By improving awareness, training local experts in the fields of fertility care and media, building advocacy in cooperation with African First Ladies and women leaders and by supporting childless women in starting their own small businesses. It’s all about giving every woman the respect and the help she deserves to live a fulfilling life, with or without a child.

The Ambassadors of “Merck Foundation More Than a Mother” are:

The First Lady of Botswana
H.E. FATOUMATTA BAH-BARROW, The First Lady of The Gambia H.E. MONICA GEINGOS, The First Lady of Namibia
H.E. SIKA KABORE, The First Lady of Burkina Faso H.E. REBECCA AKUFO-ADDO, The First Lady of Ghana H.E. AISHA BUHARI, The First Lady of Nigeria

The First Lady of Burundi

H.E. CONDÉ DJENE, The First Lady of Guinea Conakry H.E FATIMA MAADA BIO, The First Lady of Sierra Leone
H.E. BRIGITTE TOUADERA, The First Lady of Central African Republic H.E. CLAR WEAH, The First Lady of Liberia H.E. ESTHER LUNGU, The First Lady of Zambia
H.E. ANTOINETTE SASSOU-NGUESSO, The First Lady of Congo Brazzaville H.E. MONICA CHAKWERA, The First Lady of Malawi H.E. AUXILLIA MNANGAGWA, The First Lady of Zimbabwe
H.E. DENISE NYAKERU TSHISEKEDI, THE First Lady of Democratic Republic of Congo H.E. ISAURA FERRÃO NYUSI, The First Lady of Mozambique
The Former First Lady of Burundi, H.E DENISE NKURUNZIZA, The Former First Lady of Chad, H.E. HINDA DÉBY ITNO, The Former First Lady of Malawi, H.E. PROFESSOR GERTRUDE MUTHARIKA and The Former First Lady of Niger, H.E AÏSSATA ISSOUFOU MAHAMADOU have worked successfully with Merck Foundation as Merck Foundation More Than a Mother Ambassadors to break the stigma of infertility and empower infertile women in their countries.

Merck Foundation launched new innovative initiatives to sensitize local communities about infertility prevention, male infertility with the aim to break the stigma of infertility and empowering infertile women as part of Merck Foundation More than a Mother COMMUNITY AWARENESS CAMPAIGN, such as;
• ‘Merck Foundation More than a Mother’ Africa Media Recognition Awards and Health Media Training
• ‘Merck Foundation More than a Mother’ Fashion Awards
• ‘Merck Foundation More than a Mother’ Film Awards
• Local songs with local artists to address the cultural perception of infertility and how to change it
• Children storybook, localized for each country

About Merck Foundation:
The Merck Foundation, established in 2017, is the philanthropic arm of Merck KGaA Germany, aims to improve the health and wellbeing of people and advance their lives through science and technology. Our efforts are primarily focused on improving access to quality & equitable healthcare solutions in underserved communities, building healthcare and scientific research capacity and empowering people in STEM (Science, Technology, Engineering, and Mathematics) with a special focus on women and youth. All Merck Foundation press releases are distributed by e-mail at the same time they become available on the Merck Foundation Website.  Please visit to read more. To know more, reach out to our social media: Merck Foundation (; Facebook (, Twitter (, Instagram (, YouTube ( and Flicker (

SOURCE: Merck Foundation


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Ghana resolving EU threats over illegal fishing




The Fisheries Commission says with the help of the European Union, it is strategizing to address Illegal, Unreported and Unregulated (IUU) fishing in Ghana’s territorial waters.

Mr Emmanuel Kwame Dovlo, Deputy Director of Fisheries at the Fisheries Commission in an interaction with the media at Tema said over the past four weeks, the Commission had embarked on tours to sensitize fisher-folks on the consequences of engaging in IUU fishing.

He said Ghana-EU IUU working group would be activated to draw some timelines to tackle the identified shortcomings as part of broader measures to avoid a ban.

Mr Dovlo would add up to existing initiatives such as reactivation of the vessel monitoring system, deployment of observers on industrial vessels, and the collaboration with the Ghana Navy and Marine Police to strengthen monitoring of fishing activity on sea.

He said, “We are trying to gather intelligence to ensure that wherever illegal fishing is going on, we move in. We are monitoring the canoes, and we have already put in measures to control the trawl fishing.”

He said the Fisheries Commission would issue a directive to enforce the use of prescribed trawl gear in order to end juvenile catch.

He added that the Commission would help fisher-folks to manage their resources to make compliance easier as part of ongoing sensitization programmes across coastal areas.

This the Commission say was aimed at restoring the fisheries sector to conform with internationally acceptable practices following a threat of the EU to sanction Ghana on IUU fishing in her waters.

The EU on June 02, 2021, issued Ghana with warning (Yellow Card) indicating that it had identified some shortcomings including; illegal transshipments at sea of large quantities of undersized juvenile pelagic species between industrial trawl vessels and canoes in Ghanaian waters.

It also identified deficiencies in the monitoring, control and surveillance of the fleet, and a legal framework that is not aligned with the relevant international obligations Ghana had signed up to.

It added that “The sanctions imposed by Ghana to vessels engaging in or supporting IUU fishing activities are not effective and not an adequate deterrent”.

It, therefore, advised Ghana to ensure effective monitoring and control of the activities of its fishing vessels and adequate implementation of its enforcement and sanctioning system.

Source: GNA

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GRA to tax E-commerce businesses




The Ghana Revenue Authority (GRA) is in the process of developing mechanisms and modalities to tax e-commerce businesses by the end of the year.

The move, which formed part of measures to widen and increase the tax net, had become necessary because of the emerging e-commerce business as a result of the COVID-19 pandemic.

Nana Egyirba Aggrey, Head of Taxpayer Services at Cape Coast made this known in an interview with the Ghana News Agency on the sidelines of a multi-stakeholder business integrity forum organized by the Ghana Integrity Initiative in Cape Coast.

The forum would promote accountability, transparency and integrity in businesses, brought together 50 SMEs who were enlightened on Ghana’s tax regimes and the service charter of the Registrar Generals Department.

‘There is a project to tax e-commerce businesses before the end of the year and a unit at the head office is working on the modalities’, she said, adding that it was GRA’s expectation to generate more revenue when the tax was enforced.

She noted that the COVID-19 pandemic, had brought a lot of e-commerce business opportunities which was generating a lot of profits that needed to be taxed.

Nana Egyirba Aggrey hinted that there was a five-year tax holiday for young entrepreneurs below 35 years who were into manufacturing, agro-processing and Information Technology.

The aim, she said was for them to grow their businesses and therefore encouraged eligible young entrepreneurs to apply for the tax incentive.

Mr Michael Okai, a Coordinator for GII explained that the forum sought to strengthen the integrity of doing business in Ghana by creating a quarterly platform for the private sector, selected public sector institutions and media to meet and discuss emerging challenges faced by the private sector in doing business in Ghana.

He underscored the need to provide the needed support for SMEs to thrive, saying SMEs were the engine of growth of the country contributing between 85 and 95 percent of private sector businesses.

Corruption, he said increased the cost of doing business and thereby reduced the profitability of SMEs, negatively affected business growth due to low profitability and ultimately affected national development.

He mentioned incident of corruption in the business setting to include; demand for facilitation or unapproved fees during business registration, unwarranted payments in order to circumvent customs, licenses, taxation, court cases and public procurement, bribery during the clearing of goods from the port among others.

To deal with corruption in SMEs, Mr Okai encouraged businesses to instill the culture of integrity in their workers, report corrupt officials to the appropriate authorities, reward or motivate outstanding workers and punish offenders.

Mrs Stella Ackwerh, Registrar General for Cape Coast and Takoradi who took participants through the changes in the new company’s Act, said the new changes were to ensure that the Registrar of companies became efficient in the performance of its duties of registering and supervising companies.
She advised businesses to duly inform and update the Registrar of Companies on the various changes that had transpired in their businesses within 28 days including; changes made to the beneficial ownership.

She encouraged them to file their annual returns with financial statement after the first eighteen months of incorporation.

Source: GNA

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