5 d. ago BoG to cut policy rate by 300 basis points to 25% – IC Research

The Monetary Policy Committee (MPC) of the Bank of Ghana may cut the policy rate by 300 basis points to 25%. This is due to a sharp fall in inflation in June 2025 to 13.7%. “We maintain a dovish outlook for the July MPC meeting, raising our expected cut in the policy rate to at […]

Events

1 week ago The holiday that refused to die: Republic Day’s strategic resurrection

Once upon a very ordinary work week, the good people of the Republic of Ghana were busily doing what we do best, hustling, complaining about ECG, and forwarding family WhatsApp broadcasts about doomsday fuel prices.

Events

1 week ago Fuel price adjustment:  Petrol down, diesel up at GH₵13.25 per litre

Some Oil Marketing Companies (OMCs) have started reviewing prices of petroleum products at the pumps with some mixed adjustments. Prices of petrol have reduced marginally, but prices of diesel have gone up. GOIL is now selling a litre of petrol at GH₵12.07 from its old price of GH₵12.38 quoted on June 9, 2025. Diesel is […]

Events

1 week ago GRA sets July 16 for implementation of postponed Energy Sector Levy Amendment

The Ghana Revenue Authority (GRA) has announced that the implementation of the Energy Sector Levies (Amendment) Act, 2025 (Act 1141), will officially begin on July 16, 2025, following a temporary suspension last month.

Politics

2 w. ago Fuel prices to go up from July 1; petrol by 2%, diesel 5% – COMAC

Projections from the Chamber of Oil Marketing Companies, (COMAC) indicate that fuel prices are likely to increase at the retail stations from the first pricing window of July 1, 2025 starting tomorrow. According to COMAC, petrol may witness a 2 percent increase, while prices of diesel could go up by 5 percent. Liquefied Petroleum Gas […]

Events

2 w. ago ASEC urges swift measures to shield Ghanaians from fuel price shocks amid Israel

The Africa Sustainable Energy Centre (ASEC) is calling on the government to take urgent steps to cushion citizens against the expected surge in fuel prices, as tensions escalate in the Middle East between Israel and Iran.

Politics

3 w. ago Fuel prices drop again due to competition: Petrol selling at GH₵10.75

Some Oil Marketing Companies (OMCs) have started reducing prices of petroleum products at the pumps again.  This is the second time this week fuel prices have gone down at the pumps for the second pricing window of June. The reduction, JOYBUSINESS understands, is a result of competition among some major OMCs due to a price […]

Politics

3 w. ago Fuel prices set to rise sharply in next pricing window – OMCs warn

The CEO of the Chamber of Oil Marketing Companies (OMCs), Dr Riverson Oppong, has warned that fuel prices are expected to surge significantly in the upcoming pricing window, despite the marginal drop recorded this week.

Events

4 w. ago Some OMCs reduce fuel prices at pumps; Petrol selling at GH¢10.99     

Some Oil Marketing Companies (OMCs) have started reducing prices of petroleum products at the pumps from this morning June 16, 2025. Market leader Star Oil is selling a litre petrol at GH¢11.57. However, that of diesel remains unchanged at GH¢12.49. Some selected stations are also quoting a litre of petrol at GH¢10.99  There are indications […]

Politics

4 w. ago Postponing Fuel Levy a pragmatic move amid global oil uncertainty – IMANI boss

The Founding President of IMANI Africa, Franklin Cudjoe, has welcomed the government’s decision to suspend the implementation of the contentious Energy Sector Levy, commonly referred to as the Fuel Levy.

Politics

4 w. ago Withdraw Dumsor Levy now, postponement isn’t enough – Minority Leader

Minority Leader Alexander Afenyo-Markin is demanding the immediate and total repeal of the Energy Sector Levies (Amendment) Act, 2025, popularly called the “Dumsor Levy”.

Politics

last month Fuel prices to fall from June 16 due to postponement of GH¢1.0 levy

The prices of petroleum products are expected to go down at the pumps from Monday, 16th June 2025, following the postponement of the GH¢1.0 Energy Sector Levy. This is based on the Pricing Outlook Report put together by the Chamber of Oil Marketing Companies.  According to the report, the drop in fuel prices will be […]

Politics

last month President Mahama urges protection of fuel price gains amid Middle East tensions

President Mahama has asked the Ministers of Energy and Finance to prepare measures to protect the recent gains made in reducing petroleum product prices, as escalating hostilities between Israel and Iran have started driving up crude oil prices. 

Politics