Tag Archives: pump

The Kenyan government suspended the utilisation of a fuel stabilisation fund in its latest monthly fuel review cycle, which has seen pump prices leap by more than 13 percent per litre on average. The rise in the cost of fuel has the overall effect of increasing transport costs, worsening inflationary …

The Ghana Police Service has confirmed the deaths of five individuals during a gunfire exchange with suspected land guards in Bortianor, Greater Accra Region. Earlier media reports indicated that nine suspected land guards were gunned down by members of the Police Anti-Robbery Unit on Friday, June 9, 2023. However, the …

The Executive Director of the Africa Centre for Energy Policy (ACEP), Benjamin Boakye, reiterated that falling fuel prices at the pump is the result of a general reduction on the global crude oil market and a stable cedi, and not the gold-for-oil barter policy. He said domestic consumers, just like …

Guinea’s military-led transition government has announced a new set of prices for petroleum products, despite repeatedly promising it would not increase the cost of the commodity. The decision announced on Tuesday saw the prices of petrol, diesel, and oil go up 12,000 GNF ($1.36) per litre, up from 10,000 GNF …

A female fuel pump attendant has been shot by armed robbers during an attack on Glory Oil Fuel Filling station at Akyem Abenase in Akyemansa District in the Eastern region. Faustina Ampomaa, 23, who was shot in the face was rushed to the Eastern Regional Hospital in Koforidua for treatment. …

Government has announced it will inject a capital of US$2 billion into the economy to curtail the sustained depreciation of the cedi against major trading currencies. This was captured in a circular released by the Presidency on March 23, 2022. The Presidency said the move forms of measures adopted by …