LATEST UPDATES

Forex bureaux yet to comply with BoG’s Ghana card directive

Initial checks by Citi Business News have revealed that some foreign exchange bureaux have not fully complied with the Bank of Ghana’s new directive on transactions.

Initial checks by Citi Business News have revealed that some foreign exchange bureaux have not fully complied with the Bank of Ghana’s (BOG’s) new directive on transactions. The directive which took effect on Thursday, August 1, 2024, requires all licensed foreign exchange bureaux to request the Ghana Card before completing …

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Govt to lease Komenda sugar factory for 15 to 20 years

The government is set to lease Komenda Sugar Development Company Limited to an Indian-based firm, West Africa Agro Limited for a renewable term of 15 to 20 years. Minister of Trade and Industry K.T. Hammond states that this initiative aims to revive the company’s operations to meet domestic demand. The …

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US Embassy in Ghana to launch new visa services provider website

Effective August 26, 2024, the Embassy will transition to a new visa services provider which will be made known on the U.S. Embassy website.

The United States Embassy(US Embassy) in Accra has announced a change in its visa services operations. Effective August 26, 2024, the Embassy will transition to a new visa services provider which will be made known on the US Embassy website. Consequently, access to the current visa service provider’s website and …

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Fuel prices to decrease by 4% in August – IES

The Institute for Energy Security (IES) has predicted a downward trend in fuel prices for the first half of August 2024, driven by favourable international market conditions.

The Institute for Energy Security (IES) has predicted a downward trend in fuel prices for the first half of August 2024, driven by favourable international market conditions. According to the IES, this anticipated price drop is attributed to positive market dynamics globally. The institute predicts a 2-4% decrease in prices …

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