US-Iran tensions keep Ghana fuel prices on edge, industry warns
Renewed US-Iran tensions are keeping Ghana's fuel market on edge, with uncertainty over global oil supplies threatening fuel price stability, according to COMAC CEO Riverson Oppong.
Ghana's Premier Business & Policy Journal
Renewed US-Iran tensions are keeping Ghana's fuel market on edge, with uncertainty over global oil supplies threatening fuel price stability, according to COMAC CEO Riverson Oppong.
Fraud in Ghana's regulated financial sector has risen sharply over the past four years, with mobile money and other digital payment platforms emerging as the biggest targets for criminals, according to a new report by the Bank of Ghana.
Ghana urged to involve freight forwarders and logistics operators in port policy decisions, with industry leaders warning that poor consultation could raise trade costs and reduce efficiency.
The National Petroleum Authority (NPA) has ordered the immediate shutdown of fuel stations inundated by floodwaters, warning that operators who fail to comply with emergency safety measures could face prosecution.
Ghana's energy sector has received a significant boost after the Tema Oil Refinery (TOR) resumed crude oil processing following its first major maintenance overhaul in four years.
Businesses and households are being forced to pay for inefficiencies within Ghana's utility sector through repeated tariff increases, according to the Ghana Union of Traders' Associations (GUTA).
The Ghanaian government is considering restoring a key tax incentive for locally assembled vehicles, a move that could lower vehicle prices, boost local manufacturing and revive investment in the country's growing automotive industry.
The Ghanaian government is preparing a new law that could significantly alter how state-owned lands, buildings, factories and other public assets are managed and disposed of.
Ghanaians looking to buy a new vehicle could benefit from an increasingly competitive automotive market, according to the head of one of the country's leading vehicle assembly companies.