Accra, Ghana- The Ghana Union of Traders’ Associations (GUTA) has sounded a warning bell, calling on the government to immediately withdraw the newly introduced 5% Excise Tax on plastic manufacturing companies. According to GUTA, the additional tax burden would push these companies to the brink of collapse, exacerbating the already […]

Accra, Ghana – The recent hike in Liquefied Petroleum Gas (LPG) prices is posing a significant challenge to Ghana’s efforts to promote clean energy in its transport sector. Despite being a cleaner and safer alternative to diesel and petrol, the rising costs of LPG are causing a decline in its […]

Accra, Ghana – Ghana has successfully restructured its debt with official bilateral lenders and Eurobond holders, resulting in a substantial debt service relief of $7.5 billion between 2023 and 2026. This achievement was announced at a joint press conference by the Ministry of Finance and the Bank of Ghana, in […]

Accra, Ghana- As of July 1, 2024, Ghanaians will have to dig deeper into their pockets to purchase LPG, as prices are expected to increase by 5%. This hike is attributed to the cedi’s depreciation against the US dollar and the surge in international prices of finished petroleum products. The […]

June 25, 2024, marked the beginning of the 2024 Africa Energy Forum (AEF) in Barcelona, Spain. The forum provides a platform for Ghana to showcase its investment potential in the energy, infrastructure, and industrial sectors. At a Ministerial Roundtable, African Energy Ministers, including Dr. Matthew Opoku Prempeh, discussed “Energy Systems […]