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    [From the left] Thomas Abanga (CEO of Abanga Farms & Food Systems), Selma Ashipala Musavyi (Namibia High Commissioner to Ghana), Dr. Benjamin Sasu (Head of Food Safety), Mrs. Chariti Gbadawo (Director at the Ministry of Foreign Affairs & Regional Integration) ), Prof Bani (Board Chairman, Abanga Farms and Food Systems) and Clarence Zamuee (MEATCO Rep)

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    Enterprise Group PLC records 37% rise in revenue in 2021

    Prices of petrol, LPG to fall by 4% in first pricing window of July – IES

    Losses due to fraud in banking sector in 2021 up by 144%; hits GH¢61m – BoG report

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    Gov’t to commence talks with IMF for bailout

    Financing agric sector alone not enough to grow it – GIRSAL CEO

    We’re not charging E-levy on merchant accounts – GRA

    Gov’t still plans on tabling a legislation to compel banks to lend to the Agric sector – Agric Minister

    AfCFTA Secretariat calls for accelerated dev’t for key infrastructure in Africa to boost trade

    Financial transactions will be allowed even without Ghana card from 1st July – GAB assures

    Enterprise Group PLC records 37% rise in revenue in 2021

    Prices of petrol, LPG to fall by 4% in first pricing window of July – IES

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    [From the left] Thomas Abanga (CEO of Abanga Farms & Food Systems), Selma Ashipala Musavyi (Namibia High Commissioner to Ghana), Dr. Benjamin Sasu (Head of Food Safety), Mrs. Chariti Gbadawo (Director at the Ministry of Foreign Affairs & Regional Integration) ), Prof Bani (Board Chairman, Abanga Farms and Food Systems) and Clarence Zamuee (MEATCO Rep)

    Ghana’s Abanga Farms & Food Systems and Namibia’s Meatco in big partnership

    Gov’t still plans on tabling a legislation to compel banks to lend to the Agric sector – Agric Minister

    Financial transactions will be allowed even without Ghana card from 1st July – GAB assures

    Enterprise Group PLC records 37% rise in revenue in 2021

    Prices of petrol, LPG to fall by 4% in first pricing window of July – IES

    Losses due to fraud in banking sector in 2021 up by 144%; hits GH¢61m – BoG report

    ASTM International pledges support for Ghana’s petroleum industry

    NIB MD laments cost of borrowing for private sector

    Finance professionals urged to develop strategies to boost ESG-driven business environment

  • TECHNOLOGY

    Financial transactions will be allowed even without Ghana card from 1st July – GAB assures

    Losses due to fraud in banking sector in 2021 up by 144%; hits GH¢61m – BoG report

    BoG, CSA deepen collaboration to fight cyber threats

    Dr. Bawumia unveils Ghana’s first Tier IV data centre

    ADB pioneers in global remittance services in Ghana [ARTICLE]

    Introduction of GhanaPay complements efforts to capture the unbanked into digital payments ecosystem – Veep

    #CitiBusinessFestival: How the country can take advantage of the “Ghana Opportunity”

    Chamber of Telecommunications calls for more investment into Technology to improve livelihoods

    Citi Business Festival: Address lack of financial data challenges using MoMo – Rufai Abdul Majeed

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    Gulf central banks, Bank of England raise policy rates after Fed hike

    US Fed meets inflation surge with 75bp hike

    As Nigeria’s inflation rate accelerates to 17.71%, the World Bank warns millions could face extreme poverty

    Modern airline tickets design with flight time and passenger name. Plane tickets vector pictogram. Airline boarding pass template. Vector illustration. The concept of air transportation

    Ticket prices to rise following B.A schedule change on Accra-London-Accra route

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Goil maintains prices of petroleum products as deregulation kicks off

bycitibusinessnews
June 16, 2015
in Business, Oil And Gas, Top Stories
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State owned oil marketing company Goil stayed away from increasing the prices of its petroleum products as full deregulation of the downstream petroleum sector took effect today 16th June,2015.

[contextly_sidebar id=”dlcqE1xPRPzsYMMT5cH68Ig9n0wLX1ya”]A number of Oil Marketing Companies (OMCs) increased the prices of their products this morning after the National Petroleum Authority announced yesterday evening that the deregulation will take off today as announced.

The NPA made known its intentions to no longer be involved in the pricing of petroleum products some weeks back.

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The Authority explained that the move forms part of the full deregulation of the petroleum downstream sector.

A statement issued by the National Petroleum Authority yesterday said Oil Marketing Companies will start announcing their ex-pump prices for petroleum products and display these prices at their retail outlets from today June 16th, 2015.

A visit to some pump stations this morning by Citi Business News’s Rabiu Alhassan showed that most of the OMCs had increased the prices of diesel and petrol by 14 pesweas.

The Total pump station in Adabraka for example was selling Petrol at 3 cedis 47 pesewas, increasing by 14 pesewas per litre.

Diesel was also being sold at 3 cedis 37 pesewas per litre , this price has also increased by 14 pesewas.

According to the Manager and Fuel attendants at the station, the new prices were sanctioned by the Total head office this morning.

Another pump station in Adabraka is “So,” a visit to that station also showed the price of Petrol and diesel have been increased by 14 pesewas.

Petrol was being sold at 3cedis 47 pesewas while diesel was also being sold at 3 cedis 37 pesewas.

Goil however said it had no plans to increase the prices of its petroleum products across the country following the takeoff of full deregulation of the downstream petroleum sector.

A press statement from Goil said ‘ Goil is happy to announce to all its cherished customers that the price of all petroleum products at its stations remain the same across the country’.

GOIL with over 200 service stations across the country said the prices of diesel which was prior to the deregulation going for GHC 3.24 per litre and petrol GHC 3.33per litre will remain the same and will not be changed for now.

–

By: Vivian Kai Lokko/citifmonlline.com/Ghana

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[From the left] Thomas Abanga (CEO of Abanga Farms & Food Systems), Selma Ashipala Musavyi (Namibia High Commissioner to Ghana), Dr. Benjamin Sasu (Head of Food Safety), Mrs. Chariti Gbadawo (Director at the Ministry of Foreign Affairs & Regional Integration) ), Prof Bani (Board Chairman, Abanga Farms and Food Systems) and Clarence Zamuee (MEATCO Rep)

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