Accra, Ghana
36°C

GSE Feed

Forex Rate

Transport

Fuel prices likely to go up by 2%

FUEL-STATION

The Chamber of Petroleum Consumers has indicated that fuel prices are likely to increase during the second pricing window for the month of June. According to the chamber information and figures it has gathered from industry players suggest that prices are likely to be adjusted upwards by some 2 percent on current pump prices. In a statement signed by the ...

Read More »

Blackout hits Kotoka International Airport

Kotoka International Airport, Accra

Passengers at the arrival hall of the Kotoka International Airport (KIA) were on Saturday afternoon left in total darkness for close to an hour after power supply to certain parts of the airport went off. The power cut which happened around four o’clock in the afternoon, brought activities at portions of terminal two to a standstill forcing officials and passengers ...

Read More »

More International airlines expected to suspend flights to Nigeria

Airline+xxx++

More international airlines are expected to suspend their flights to Nigeria due to foreign currency restrictions that have locked up nearly $1 billion of revenue in the west African nation. Two international airlines, Iberia and United Airlines have so far suspended flights to Nigeria – Iberia suspended flights in May and United Airlines’ suspension is expected to take full effect ...

Read More »

Uber commences operations in Ghana

Uber-in-Africa

American multinational online transportation network, Uber will commence operations in Ghana this Saturday, June 11, 2016. Uber which launched its operations in Ghana today [Wednesday] says its service will for now be only available in Accra. Ghana joins about 7 other African countries including South Africa, Nigeria, Egypt and Kenya which currently have the service. The base fare for the ...

Read More »

Ghana seeks international airline giants to partner national airline

Airline+xxx++

The Government of Ghana has settled on picking an international airline giant to partner it for the new national airline. The latest moves follows the submission of a report by PricewaterhouseCoopers (PWC), the transaction advisor, on the need to get an experienced strategic airline partner with a global distribution network. PWC believes the selection of such a partner will help ...

Read More »

Parliament approves $832 million tax waiver for Tema Port expansion

Tema Harbour

Parliament today [Tuesday] approved that Meridian Port Services Limited, be granted a $832 million tax waiver for the Tema Port expansion. Meridian Port Services which is funding the project under a public-private-partnership (PPP) program, is one of three companies involved in a joint venture with the Ghana Ports and Harbors Authority (GPHA) to undertake the Tema Port expansion. The other ...

Read More »

June 3rd floods: Enterprise pays Alliance Motors outstanding claims

JUNE 3 pic

The National Insurance Commission (NIC) has confirmed to Citi Business News that Enterprise Insurance Company has settled all outstanding claims it owed its client, Alliance Motors Ghana Limited following the June third disaster. Some clients of the automobile company dragged it to the National Insurance Commission following the company’s refusal to compensate them for damages suffered in last year’s June ...

Read More »

Ethiopian Airlines begins direct flight from Addis Ababa to New York

Ethiopian_Airline 2

Ethiopian Airlines is to commence three weekly flights to New York from Addis Ababa via Lomé, Togo starting July 3, 2016. The flights are scheduled to take place on Tuesdays, Thursdays and Sundays via the routes. According to Ethiopian airlines, “it will be deploying its modern Boeing 787 Dreamliner which not only offers unparalleled onboard comfort to passengers, but is ...

Read More »

Cut down carbon emission with quality fuel-Transport Minister

fifi

The Minister for Transport Mr. Fifi Kwetey has called on Oil Marketing Companies (OMCs) to supply high quality fuel to Ghanaians to help reduce carbon emissions. According to him, the ministry is working vigorously to cut down on carbon emissions by encouraging the use of efficient fuel and low carbon emitting vehicles. The minister, who was a guest speaker at ...

Read More »

Ghana cashes in on Nigeria’s aviation fuel shortage crisis

Antrak_Air-620x330

The Ghana Civil Aviation Authority (GCAA) has assured airline operators and air travelers of enough stock of aviation fuel following an increase in the uplift of fuel from Ghana, due to the shortage of the product in Nigeria. An artificial shortage in Nigeria as a result of price hikes in petroleum products has greatly affected that country’s aviation industry compelling ...

Read More »
Citi Business News