Fuel prices have begun increasing again at the pumps and consumers are lamenting the impact it is having on their finances. Some oil marketing companies like Total have increased the price of petrol by 5 percent and now selling at 11.55 pesewas per litre. Diesel is now being sold at …
Read More »International ticket prices soar as Nigerians opt to fly out of Accra
The cost of international air tickets has increased exponentially in recent weeks, as local demand remains elevated and more passengers from neighbouring Nigeria opt to fly out of Accra to various destinations in Europe, America, and popular holiday destinations around the world. A round trip from Accra to London in …
Read More »Prices of petroleum products to go up 5.5% – COPEC
Prices of petroleum products at the pumps are likely to go up by 5.5% in spite of reduction on the world market, the Chamber of Petroleum Consumers (COPEC) has stated. Fuel prices on the international market have seen some marginal reductions over the past two-week period, but the sharp depreciation …
Read More »Fuel prices rise in Rwanda despite government subsidy
Rwanda has increased its fuel prices, reflecting the little impact the bi-monthly government subsidy has had. The latest prices, effective Monday, August 8, will see a litre of petrol retail at Rwf1,609 ($ 1.54), up from Rwf1,460 ($1.39) two months ago. A litre of diesel will sell at Rwf1,607 ($1.53), …
Read More »High cost of food prices is due to profiteering – Agric Minister speaks
Dr. Owusu Afriyie Akoto, Minister of Food and Agriculture, is blaming the high cost of food items on the market on profiteering. According to him, food products are in abundance but their retail prices remain high over and above the financial capacity of the ordinary consumers. Speaking on the August 3 …
Read More »Fuel prices to go down from August 1 – NPA
The Head of Economic Regulation at the National Petroleum Authority (NPA), Abass Ibrahim Tasunti, says his outfit is expecting further fuel price reductions at the pumps from August 1, 2022, following the reduction in prices of Petrol and Diesel on the World Market. Abass Ibrahim Tasunti, who was speaking to Citi …
Read More »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 …
Read More »Fuel prices shoot up 287% in 5 years – IES
Pump prices of fuel have shot up 288 percent since January 2017 to date, according to data from the energy think-tank Institute of Energy Security (IES). In January 2017, a litre of petrol and diesel sold at GH¢3.65 and GH¢3.63 respectively, but now sells at GH¢11.32 and GH¢14.05 respectively, with …
Read More »Fuel prices in Tanzania rise despite subsidies
Tanzanians are bracing for tougher times ahead as fuel prices across the country rose with effect from Wednesday, despite government subsidies. According to the Energy and Water Utilities Regulatory Authority (Ewura), prices for petrol, diesel, and kerosene have risen to levels never recorded before in the local market. As of …
Read More »A mother’s struggle to feed six children as prices soar
Some families in Kenya are eating just once a day, or not at all, because of rising food prices, writes the BBC’s Catherine Byaruhanga in Nairobi. Early in the morning, I find Florence Kambua hunched over, digging through the dump site outside her front door to collect plastic, glass, clothes …
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