BUSINESS

Cabinet lifts ban on construction of LPG outlets after five years

A five-year ban on the construction of Liquefied Petroleum Gas (LPG) stations has been lifted by Cabinet at its 35th sitting held on Wednesday, August 3, 2022. The move comes on the back of the ongoing strike by Tanker Drivers and LPG Marketing Companies over some concerns. In a letter …

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‘Ghana has become a poster child for economic mismanagement’ – Prof. Steve Hanke

Steve Hanke, a professor of applied economics at Johns Hopkins University in the United States, has for some time now been monitoring Ghana’s economic growth and putting a spotlight on it. In his latest #EconWatch diaries on his verified Twitter timeline, the academic stated that, since 2021, Ghana has lost …

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Tanker drivers to start nationwide strike today

Petroleum tanker drivers’ are expected to start a sit-down strike from Monday, 1st August 2022 to protest poor working conditions and some decisions by the regulator, NPA, which are affecting them. The tanker drivers’ unions, comprising Gas Tanker Drivers Union, Ghana National Petroleum Tanker Drivers Union, GOIL Tanker Drivers Union …

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MID: Ghana moves ahead as BBC reports British Police’s seizure of suspected uninsured Lamborghini

Ghana may still be finding its teeth in technological innovations, but in its recent digitalization drive, Ghana has proved to be ahead of many developed countries in a number of digital innovations. One of them is Motor Insurance Database, where Ghana has proved to be a step ahead of Britain, …

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SIM card re-registration deadline extended to September 30

The Minister for Communication and Digitalisation, Mrs. Ursula Owusu-Ekuful, has announced that the deadline for the SIM card re-registration has been extended to September 30, 2022. Addressing the media on Sunday the government appointee said she “reluctantly” extended the exercise which was scheduled to end on July 31, 2022. The …

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Sunyani Airport ready to commence operations – Transport Minister

The Minister of Transport, Kwaku Ofori Asiamah, has declared the Sunyani Airport a ‘fit for purpose’ facility after concluding his last inspection tour at the facility on Tuesday, July 19, 2022 with a team of experts from the Ghana Airports Company (GAC), Ghana Civil Aviation Authority (GCAA) and Ghana Air Force. …

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Fuel prices to go down from August 1 – NPA

The Head of Economic Regulation at the National Petroleum Authority (NPA), Abass Ibrahim Tasunti, says his outfit is expecting further fuel price reductions at the pumps from August 1, 2022, following the reduction in prices of Petrol and Diesel on the World Market. Abass Ibrahim Tasunti, who was speaking to Citi …

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17-year-old girl killed

A 17-year-old girl, Munachi Obasi-Igwe, has been found dead in a bush along the Agbabor-Isu Road in Onicha Local Government Area of Ebonyi State, Nigeria’s South-east. Obasi Igwe, a relative of the deceased, told the News Agency of Nigeria (NAN) that she was a Senior Secondary 1 student. Mr Igwe …

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Fraudsters invade markets in Kumasi with fake GH¢200 notes

Traders in parts of the Ashanti Regional Capital Kumasi fear the infiltration of their money with fake GH¢200 cedi notes as fraudsters invade markets. Residents of Buokrom B Line on Friday, July 22, 2022, accosted a fraudster who approached vegetables, plantain, and cassava sellers with counterfeit currency to make purchases. …

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