The Poultry Farmers Association of Ghana has announced an increment in the prices of eggs by 10% effective Monday 14 March 2022. Per the new prices, a crate of eggs is now selling between GHC27 and GHC35 depending on the size and place of purchase. Napoleon Agyemang, the national president of the …
Read More »Drivers threaten to picket, block Akufo-Addo’s Nima residence
Members of the Concerned Drivers Association of Ghana are calling on the government to reduce the price of petrol in the country. The drivers said the GHS8.44-mark per litre of petrol is highly abnormal and causing unbearable hardship. According to the drivers, the frequent increase should never be justified by …
Read More »Price of gas to further go up by March 16 – LPG marketers caution
The Price of LPG products is expected to go up again by Wednesday, March 16, according to the Vice-Chairman of the LPG Marketers Association of Ghana, Gabriel Kumi. He has, therefore, urged government to reduce taxes on LPG products. According to him, doing so will increase consumption of LPG in …
Read More »You’ll pay GH¢10, GH¢9 for litre of diesel, petrol from Wed – COPEC
Ghanaians will soon be buying diesel and petrol at GH¢10 and GH¢9 per litre at the pumps from Wednesday, 16 March 2022, the Chamber of Petroleum Consumers Ghana (COPEC) has projected. In a statement, COPEC put the impending spike on soaring crude prices on the international market coupled with the …
Read More »‘I don’t believe in banks’ – Ken Agyapong laments ridiculous interest rates
Assin Central Member of Parliament, Kennedy Agyapong has revealed that despite being in charge of several businesses, he does not take bank loans. According to him, the sole reason for that posture is because of the ridiculous nature of interest rates charged by the banks. Addressing students of the University of Professional Studies …
Read More »Speculation by Ghanaians cause of Ghana Cedi’s depreciation – Prof Quartey
Director of the Institute of Statistical, Social and Economic Research (ISSER), Prof Peter Quartey, has indicated that the main cause of the depreciation of the Ghana Cedi is speculation by Ghanaians. According to him, speculations that the Cedi will further depreciate against the major currencies encourage people to buy more …
Read More »Cedi woes show BoG has no dollar reserves – Isaac Adongo
MP for Bolgatanga Central Constituency, Isaac Adongo, has clapped back at the Bank of Ghana after over he calls “cooked reserves.” Ghana’s cedi has been on a depreciation spree since the beginning of this year. As of Friday, March 10, 2022, the dollar was selling at GH¢7.65. This according to the business community …
Read More »Guinness Nigeria moves headquarters to Ghana amid harsh business environment
To stay in development and grow business opportunities within the subregion, Guinness Nigeria PLC has moved its corporate headquarters from Lagos, Nigeria to Ghana. The development will place Guinness Nigeria in the league of other businesses like Unilever and Dunlop that have left Nigeria for Ghana. According to a report …
Read More »‘I don’t take loans because the interest rates are ridiculous’ – Ken Agyapong
Assin Central Member of Parliament, Kennedy Agyapong has revealed that despite being in charge of several businesses, he does not take bank loans. According to him, the sole reason for that posture is because of the ridiculous nature of interest rates charged by the banks. Addressing students of the University …
Read More »March 2022: Ton of iron rods jumps from GHC6,200 to Ghc8,500 in 24 hours
The price of iron rods on the market starting from 1/4 (6mm) to 32mm (40ft) high tensile has jumped by 34% in less than 24 hours, MyNewsGh.com has filed. This is the second time MyNewsGh.com is covering the price of iron rods after our January 2021 report on same. At …
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