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British Airways heeds to demand for quality service in Ghana

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British Airways has announced a series of changes to its Ghana operations which are aimed at improving its service delivery within the country. The airline company says the decision also follows the important nature of the Ghanaian market, the Accra-London routes. British Airways has received heavy backlash from its Ghanaian passengers for quite a number of times. The concerns have ...

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Port officials allay concerns over Joint Inspection

Container boxes are seen at the Yangshan Deep Water Port, part of the Shanghai Free Trade Zone, in Shanghai

With only two weeks to the implementation of the joint inspection on July 1, 2018, port officials say they are set for the exercise despite concerns that the exemption of some agencies could pose health and security challenges. The joint inspection which was earlier scheduled to start in June, was rescheduled to make way for stakeholder engagements. It forms part ...

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Foodstuff prices to stay high despite drop in fuel prices – Esoko

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Esoko Ghana has dispelled any possibility of a drop in food prices following the reduction in the prices of petroleum products. Prices of petroleum products were reduced in the second week in June with a second prediction of a two percent drop. Prior to this, statistics released by Esoko showed that prices went up as much as 7 percent for some ...

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Fuel prices to drop again this week

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The prices of petroleum products are expected to drop by about 2 percent this week. This is the indication from Citi Business News’ checks with players within the petroleum industry following developments on the global market. This will also be the second time in less than a week that fuel prices have been reduced this month (June). Petrol prices to ...

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We need an authority to propel Petroleum hub project—Amin Adam

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Deputy Minister of Energy in charge of Petroleum, Dr. Mohammed Amin Adam, has defended calls for the setting up a special authority to oversee the management of Ghana’s Petroleum Hub project. Dr. Amin believes a dedicated authority will among other things facilitate the raising of the needed funds to develop the petroleum hub. The hub is expected to cost about 50 billion ...

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Freight Forwarders to sue port officials over ‘unfair charges’

Container boxes are seen at the Yangshan Deep Water Port, part of the Shanghai Free Trade Zone, in Shanghai

Freight forwarders in the country have initiated processes to seek legal action against shipping lines over what they say are illegal charges against them. The group is lamenting over fees they pay on weekends and holidays as part of demurrage. They are also unhappy, the shipping lines use a foreign interbank rate to charge them for demurrage instead of the ...

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Cost of fuel could hit GHS5.50 by end of year—Former GNPC Boss

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The continues depreciation of the local currency coupled with increasing crude oil prices on the international market could see fuel prices increase to 5 Cedis 50 pesewes per litre at the pumps by the end of the year, a former Chief Executive Officer of the Ghana National Petroleum Corporation (GNPC), Alex Mould has warned. The price of petroleum products until ...

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High anchorage charges making Ghana’s ports uncompetitive—Ship Owners  

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Ship owners have begun talks with port authorities to seek a reduction of what they describe as high anchorage charges for Ship to Ship Services at the Ports. The shippers are worried the high charges for trans-shipment services have rendered the country’s ports uncompetitive, forcing members to do business in neighboring countries. Currently, a 45,000 tonnage vessel is charged about ...

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CFAO Ghana launches new Mitsubishi Eclipse Cross

Managing Director, Mr. Paulo Fernandes

CFAO Ghana Limited has outdoored the new Mitsubishi Eclipse Cross to the Ghanaian market. Speaking at the launch, a newly appointed Managing Director, Mr. Paulo Fernandes, the objective of CFAO Group is not only to sell, but also to offer customers a reliable and well-designed vehicle that goes beyond to offer mobility. “In fact, our first and only ambition is ...

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Foodstuff prices go up by 7% in May – Esoko

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Prices of foodstuff have gone up by at least seven percent between April and May 2018. Statistics released by Esoko Ghana shows that prices went up as much as 7 cedis for some foodstuff on the market. A variety of factors have been attributed to the rise in the prices of food items. These include the drop in production, inability ...

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