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BUSINESS

Fuel prices begin to drop at various OMCs

Consumers of petroleum products are expected to witness a reduction in prices across the country from January 2, 2023. This comes after some major Oil Marketing Companies (OMCs) have begun to adjust prices downwards at various pumps. Checks by GhanaWeb Business to some OMCs showed that GOIL has reduced the …

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PHOTOS: Four dead after two tourist helicopters crash mid-air in Australia

At least four people have died and three are badly injured after two helicopters crashed on a beach in Australia. The collision happened near the Seaworld Theme Park on the Gold Coast when one of the aircraft was taking off while the other was landing. According to reports from media …

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Herbs You Should Feed Your Poultry Birds To Keep Them Healthy

Herbs are generally green leafy or flowering parts of plants that are aromatic or savory used for flavoring, garnishing, or medicinal purposes. However, the use of herbs is not only limited to humans but has also been shown to be useful for livestock, especially in organic poultry farming, where most of them are …

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The four assets that make Nigerian billionaire, Aliko Dangote Africa’s richest man

Billionaires often accumulate and increase their wealth by founding and owning stakes in multiple companies. This is because owning multiple businesses provides a consistent source of income and the potential for a sustained increase in profits and valuation. By diversifying their investments across multiple companies, billionaires can reduce their exposure …

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Fuel prices to reduce significantly from January 1, 2023

The Institute for Energy Security has predicted a significant reduction in the prices of petroleum products from January 1, 2023. They attribute the reduction to recent stability in the cedi and the 5.28% and 5.09% fall in the prices of petrol and Liquefied Petroleum Gas. “Despite the marginal rise in …

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Sunyani residents plead with gov’t for price control of goods and services

Many residents of Sunyani and its environs have pleaded with the government to introduce controlled pricing of goods and services to regulate commodities’ prices as a measure of relief for consumers in the country. According to them, that would prevent traders and other services providers from hiding under any least …

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Five interesting things about African jews you probably didn’t know

Much of the Arabian peninsula- situated northeast of Africa on the Arabian Plate and includes countries like Kuwait, Qatar, Saudi Arabia, and the United Arab Emirates (UAE)- was Jewish before the rise of Christianity and Islam. Through trade, Judaism came to spread to Africa. There are many fascinating and little-known …

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Price increment of these 10 commodities shook Ghanaians in 2022

The prices of goods and services increased astronomically in 2022. This was reflected in the record-high inflation rates released by Ghana Statistical Service. The rate as of November 2022 was above 50%. The high inflation rate was attributed mainly to high imports. Ghanaians kept gasping at the galloping rate of …

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The magic you can do with GH¢100 in just 3 days

In the next 72 hours, the year 2022 would officially be over and the dawn of 2023 will be heralded in but that has not completely ruled out everything that can be done in this year. Having been a generally difficult year for many people, many may wonder what they …

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BoG introduces new directives on AML and combating terrorism financing

The Bank of Ghana has issued new guidelines for anti-money laundering/combating the financing of terrorism and the proliferation of weapons of mass destruction (AML/CFT&P). According to the central bank, the new guidelines would help it design Licensed Institutions and implement their respective AML/CFT&P compliance regime. The bank said the new directive was …

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