BUSINESS

LPG shortage hits Accra, gas stations face potential shutdown

A severe shortage of Liquefied Petroleum Gas (LPG) has hit parts of Accra, leaving residents and businesses in a state of uncertainty. Marketers have cautioned that if the situation persists, it could lead to the closure of gas stations across the country, disrupting daily life and causing significant inconvenience. Many …

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BoG launches Gold Coin to discourage hoarding of dollars

The Bank of Ghana (BoG) has unveiled the Ghana Gold Coin, a new investment initiative aimed at reducing dollar hoarding. As part of the domestic gold programme, this initiative seeks to absorb excess liquidity in the market and strengthen the local currency against major trading currencies. The coin will be …

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Petroleum prices see marginal drop in prices

Some oil marketing firms have started reducing prices of petroleum products at the pumps from today September 2, 2024. Market leader GOIL is selling a litre of petrol at GH₵14.16. This represents a 6 pesewas drop per liter and 0.42 percentage point reduction per litre of petrol. Diesel is also …

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