Ghana’s Liquefied Petroleum Gas (LPG) consumption saw a modest increase of 4% in 2023. According to the 2023 Industry Report by the Ghana Chamber of Bulk Oil Distributors, LPG consumption rose from 305,076 metric tons in 2022 to 317,465 metric tons in 2023. The growth is attributed to a rebound […]

Ghana’s plan to remove the E-Levy and COVID-19 tax has sparked concerns about the potential revenue loss. According to a tax analysis report by Francis Timore-Boi, the removal of these taxes could result in a total revenue loss of GHS 22.15 billion between 2025 and 2027. The E-Levy is projected […]

The Bank of Ghana has disbursed $20 million to six Bulk Oil Distribution Companies (BDCs) through a foreign exchange forward auction. The auction, conducted at a fixed exchange rate of 14 Cedis 81 pesewas per US dollar, saw bid rates ranging between 14 Cedis 20 Pesewas and 14 Cedis 55 […]

Ghana’s economy is on a roll, exceeding expectations and solidifying its position as one of Africa’s most dynamic economies. According to the Ministry of Finance, the country’s economic performance in the third quarter of 2024 was remarkable, with an impressive average real GDP growth rate of 6.3%. This growth was […]

Residents of Kpando Torkor and surrounding communities are celebrating the return of their ferry, which broke down three months ago. The ferry, a vital link across the Volta Lake, had been out of service, forcing residents to rely on smaller, overcrowded boats that posed significant safety risks. For three months, […]