Nigeria ranked top among nine African countries with the most expensive prices of bread, according to a report by Business Insider Africa. Bread is a common staple food which is widely consumed and always in high demand in Africa. The report, which compiled data from Numbeo, a leading global database …
Read More »Kumasi: Price of maize shoots up
The price of maize has shot up in the markets of Kumasi, the Ashanti regional capital. A check at some market areas in the city, including the Racecourse market, and Bantama market among others saw a rise in the price of the commodity. A bag of yellow maize which was …
Read More »Fuel prices to stabilise – BDCs assure public after BoG intervention
The persistent rise in the prices of petroleum products at the pumps in the last couple of months will now be a thing of the past, the Chief Executive Officer of the Chamber of Bulk Oil Distributors (CBOD), Senyo Hosi, has assured. This follows the major intervention by the Bank …
Read More »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 …
Read More »Rice price will never go up under my regime – President Weah Vows
In a bid to ascertain firsthand information and improve on the reported shortage of rice in the local market in Liberia, President George Weah has toured various warehouses at the Freeport of Monrovia with a vow to take punitive measures against unscrupulous business owners and others creating an artificial shortage …
Read More »NPP will pay a big price for E-Levy implementation – Kofi Konadu Apraku
Dr. Kofi Konadu Apraku, a leading member of the governing NPP, has indicated that the implementation of the Electronic Transfer Levy, otherwise known as E-Levy, will go a long way to affect the governing party. Speaking in an interview with Joy News, the former Trade and Industry Minister stated that …
Read More »Price of bread increases to GH¢8
Effective Saturday, April 2, 2022, prices of bread in the Ashanti regional capital, Kumasi, would be increased to GH¢8. A loaf of bread was previously sold at GH¢6. According to bakers that spoke to Adom News, the prices of flour, sugar and other ingredients have increased astronomically. The GH¢2 increment, …
Read More »Transport fares to go up by 20% as fuel price hit GHS10 per litre – GPRTU hints
The Ghana Private Road Transport Union (GPRTU) is planning to increase transport fares by 20%, this has been hinted at by the Union’s General Secretary, Mr. Godfred Abulbire. According to Abulbire, his outfit has already sent a letter to the Ministry of Transport to request a meeting following the latest …
Read More »COPEC threatens to stage demo over fuel price hikes
The Chamber of Petroleum Consumers, Ghana (COPEC), says it will embark on a demonstration, if nothing is done, about the current hike in fuel prices by the close of the week. This comes on the back of predictions that petroleum prices at the pumps could increase from GH¢8.22 to GH¢10.00 …
Read More »Sarkodie breaks silence on fuel price increment under Akufo-Addo govt
Prices of petroleum products are expected to shoot up by at least 5 percent from Wednesday, March 16, 2022, the Institute for Energy Security (IES) has projected. Following the news, Sarkodie reacted, saying that he would henceforth have all interviews done via Zoom since he wouldn’t be able to drive to venues …
Read More »