Energy Minister John Jinapor is expected to announce a temporary suspension of some margins on petroleum pricing today, in what could bring relief to consumers over the next four weeks. The anticipated move is part of broader government efforts to ease the cost of living pressures, particularly as fuel prices continue to fluctuate due to global market dynamics.
A Professor of Finance at Andrews University, William Peprah, has called on the government to move beyond short-term fuel price interventions, insisting that a more structured medium-term approach is necessary to ensure economic stability and effective fiscal planning.
Egg suppliers in Koforidua in the Eastern Region have joined growing calls for the government to engage Burkina Faso over a trade suspension that has halted egg exports for more than two months, leading to a significant oversupply in the domestic market.
The Minister for Transport, Joseph Nikpe Bukari, is scheduled to meet with leaders of the Ghana Union of Traders Association on Thursday, April 16, to resolve mounting concerns surrounding the implementation of the Publican AI system used to clear goods at Ghana’s ports.
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A coalition of trade and freight forwarders’ associations has announced a coordinated four-day strike at the Tema Port, warning of major disruptions to cargo processing and port operations.
Asian stock markets opened the week in the red as heightened geopolitical tensions rattled investor confidence, following a dramatic escalation in the Middle East. The renewed uncertainty comes after US President Donald Trump announced a naval blockade targeting maritime traffic linked to Iran, triggering sharp volatility across global energy and equity markets.
The National Petroleum Authority (NPA), in collaboration with the Chamber of Oil Marketing Companies (COMAC), has officially launched Safety Week 2026, a four-day initiative designed to strengthen collaboration and reinforce health, safety, security, and environmental (HSSE) standards across Ghana’s downstream petroleum sector.
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The Commissioner-General of the Ghana Revenue Authority (GRA), Anthony Sarpong, has clarified that the newly introduced Publican AI system does not set the value of imported goods but rather identifies suspicious declarations for further review. The clarification comes amid growing concerns among importers and clearing agents about the role of automation in customs valuation.
The Commissioner-General of the Ghana Revenue Authority, Anthony Sarpong, has revealed that Ghana lost more than GH¢11 billion in revenue due to under-declaration and other irregularities at the country’s ports. The disclosure highlights long-standing challenges in revenue collection and the urgent need for systemic reforms within the import and customs sector.
In a move aimed at demonstrating leadership by example during a period of volatility, President John Mahama has issued a stern directive enforcing a total ban on fuel allowances and coupons for all ministers and senior government appointees. The decision is widely seen as part of broader efforts to reduce government expenditure and promote accountability at the highest levels of leadership.
Ghana’s energy security is expected to remain stable despite global oil market tensions, supported by the resumption of operations at the Tema Oil Refinery. This development is seen as a major boost to the country’s energy independence and resilience against external shocks. A report by Fitch Solutions, an international rating agency, said the development would reduce the economy’s exposure to external supply disruptions, particularly in periods of global uncertainty.
The CEO of the Chamber of Oil Marketing Companies (COMAC), Dr Riverson Oppong, is demanding full transparency on proceeds from the controversial “dumsor levy,” as government moves to ease fuel prices. The call comes amid growing public concern over rising living costs and pressure on policymakers to provide relief. Government has announced plans to remove some taxes and margins on fuel to cushion consumers, a move expected to influence transport fares and general market prices.
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Ghana Oil Company Limited (GOIL) has announced a price adjustment for its premium petrol product, Super XP 95, as part of ongoing changes within Ghana’s fuel market.
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