BUSINESS

Fuel prices to remain stable but cedi depreciation biting – IES

The Institute for Energy Security (IES) has predicted constant prices of fuel across the pumps in the second pricing window which begins December 16, 2019. Even though the depreciation of the cedi against other major international currencies especially the US dollar, has gone beyond 10 per cent since the beginning …

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Metro Mass Transit drivers embark on sit down strike

Metro Mass Transit Limited drivers in Cape Coast, Central Region have embarked on a sit-down strike effective Monday, December 16, 2019. They are striking over what they termed as “poor treatments by managements to drivers”. Passengers who trooped to the Cape Coast terminal Monday morning were stranded. The drivers say …

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Fuel prices to go up again

The Chamber of Petroleum Consumers has hinted of another upward adjustment in fuel prices at the pumps. According to the chamber, the National Petroleum Authority (NPA) has written to Petroleum Service Providers notifying them of an adjustment “some elements on the already high petroleum price build-up and fuel prices”. Fuel …

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AUDIO: Double Track SHS girls cash in on Christmas as “Kayayei” in Kumasi

Some Senior High School (SHS) girls on vacation have drifted southwards from the northern regions to work as head porters popularly known as Kayayei in some of the busiest markets in the Ashanti Regional capital as Christmas approaches, MyNewsGh.com reports. Though their fees are fully catered for by the government …

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Electronic vehicle Registration to begin Jan. 2020 – DVLA

The Driver and Vehicle Licensing Authority (DVLA) is set to roll out the much-touted Vehicle Registration System (VRS) on January 2, 2020. The digital registration infrastructure which will fully be deployed by the Authority will enable clients complete their vehicle registration processes in an hour. It is, therefore, envisaged that …

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Local poultry farmers can meet demand with gov’t support – Jamboree Farms CEO

Poultry farmers in the Bono Region say Ghana’s local industry is in the position to meet demand locally and for export if government provides the right support. The Bono Region has over 3,000 poultry farmers who produce about 50 percent of the country’s local poultry products. Ghana still spends millions …

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Travellers can now subscribe for ¢400 insurance cover via WhatsApp

Management of Old Mutual Health Insurance has launched an innovative local travel accident policy that allows subscribers to apply for cover through social media platform, WhatsApp. The product is an ‘on-demand’ travel accident policy that provides pay as you go cover for individual road journeys from city to city in …

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GRIDCO workers suspend strike

Employees of Ghana Grid Company Limited (GRIDCO) yesterday suspended the sit down strike they embarked upon on Wednesday to demand for debts owed the company by Electricity Company of Ghana (ECG) and other state companies. A press statement released yesterday said following a joint standing committee meeting of the management …

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South African company scores rail deal in Ghana

Transnet has continental ambitions beyond freight and wants to be a major player in railway equipment and expertise. It is starting by reviving narrow-gauge railways in West Africa. South African state-owned rail and freight operator Transnet has agreed to a rail revitalisation deal with the Ghana Railway Company Limited and …

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Policeman shoots driver’s mate for allegedly refusing to pay bribe

A policeman has shot a driver’s mate in the leg over an alleged refusal to pay bribe at a police barrier at Inchaban in the Western Region. The 25-year-old John Essandoh has since Friday when the incident happened, been transported to the Korle-Bu Teaching Hospital in Accra for the bullet …

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