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Tag Archives: HIKE

New US visa fees: Unpacking the hike in GH¢ and US$ terms – Data story

The United States recently announced new visa fees which measure was due to affect three main nonimmigrant visa (NIV) applications. The affected visas include the Non-Petition-based NIV, work visas and the E Category applicants and are slated to take effect on May 30. In this data story, GhanaWeb does a …

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Members of Drunkards Association threaten to stop drinking over price hike

The members of the Ghana Drunkards Association are threatening to boycott drinking over recent hike in price of alcoholic beverages in the country. According to the Association, the depreciation of the Ghanaian cedi as against the American dollar has greatly affected their patronage of the business. President of the Ghana …

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30% hike in transport fares begins today – Operator

The Concerned Drivers Association has announced a 30 per cent increment in transport fares. The increment takes effect from Saturday, 29 October 2022. The Ghana Private Road Transport Union (GPRTU) had earlier announced a 19 per cent increase in transport fares set to take effect on Saturday, 29 October 2022. …

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Policy Rate hike will further exacerbate inflation – AGI

The Association of Ghana Industries AGI says the recent increase in policy rate by the Bank of Ghana will further exacerbate the country’s inflation contrary to what the central bank envisaged. The Monetary Policy Committee (MPC) of the Bank of Ghana on Thursday October 5, 2022 announced increased in the Policy Rate …

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Tipper drivers announce 50% hike in prices of sand, gravel due to fuel price

The Tipper Drivers Association of Ghana has increased the prices of sand and gravel by 50 per cent. According to the drivers, the increment in the prices were necessitated mainly by the high cost of fuel products in the country. Addressing a press conference at Kasoa, the National Chairman of …

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Fuel price hikes: Here’s what it costs to fill up SA’s most popular cars

Petrol and diesel prices in SA reached record highs today, and have hit consumers hard. The department of mineral resources and energy announced price increases of R2.33 (95 ULP) and R2.43/l (93 ULP), with the wholesale price of diesel rising by R1.07 (50ppm) and R1.10/l (500ppm). The price hikes would have been …

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Disregard 20% hike in transport fares – GRTCC

The Ghana Road Transport Coordinating Council (GRTCC) has urged the general public, commuters and drivers in particular to disregard the purported transport fare increase of 20%. According to GRTCC, transport fares are determined by stakeholders and not any single body as seen in the case of recent increments. “We wish …

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High production cost forces bakeries to shut down; bread price hikes beckon again

The Ashanti Flour Users Association is complaining about the high cost of production which, the group says will force them to increase the price of bread again soon. The group’s president, Comfort Akotua, who has been in the bakery business for 35 years, said she stopped production some two months …

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Fuel price hikes: Remove taxes on petroleum products – Minority to Gov’t

The Minority in Parliament is demanding the immediate removal of three taxes on petroleum products to mitigate the impact of rising prices of crude oil on the international market. The demand by the minority comes as consumers are currently buying Petrol and Diesel above 8 cedis from the pumps. The …

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COPEC slams government over fuel price hike

The Chamber of Petroleum Consumers (COPEC) has accused  government of not taking steps to mitigate fuel prices in the country. COPEC is asking government to use the windfall revenue that it is accruing as an Oil Producing Country as international oil prices go up to cushion the petroleum importers and …

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