Bringing you updates from the world of business

Bringing you updates from the world of business

Some Oil Marketing Companies (OMCs) have started increasing prices of petroleum products at the pumps. Shell has taken the lead, selling at litre of petrol at ₵15.10 and diesel for ₵15.25. Previously, Shell was selling a litre of petrol at ₵14.80, and diesel was going for ₵14.92. By this, petrol price has seen a 2 percent increase, while diesel recorded a 2.2 percent increase in price.

The Ghana cedi is expected to recoup some losses against the dollar in the coming months, Fitch Solutions has revealed. According to the London-based firm, this is due to improved investor sentiment, higher dollar inflows, and easing external conditions, it mentioned in an article dubbed “Sub-Saharan Africa currency round-up: greater stability ahead in second half of 2024” that external conditions would offer more support to Sub Sahara African currencies in the coming quarters.

Parliament agrees on 23 July to have the 2024 mid-year budget review by the finance minister.

The Bank of Ghana has reminded banks, Specialised Deposit-Taking Institutions and the public that persons who have been directly implicated in the 2017-2019 Financial Sector clean-up, and all previous directors of failed banks and Specialized Deposit-Taking institutions since the enactment of Banks and Specialised Deposit-Taking Institutions Act, 2016 (Act 930) do not qualify to hold key positions under the fit and proper person criteria.

Bringing you updates from the world of business

Bringing you updates from the world of business

Bringing you updates from the world of business

Government rejects claims that the L.I on cement pricing is anti-business and will affect the businesses of cement manufacturers