The Minister of Transport, Joseph Bukari Nikpe, has initiated the process to legalize the commercial use of motorbikes, popularly known as Okada, in Ghana. This move follows the National Democratic Congress’s (NDC) 2024 election manifesto promise to legitimize Okada operations. On his first day in office, Mr. Nikpe directed the Driver and Vehicle Licensing Authority...
On February 11, 2025, the government is set to hold an important meeting with transport unions to discuss potential fare increases in light of surging fuel prices. The objective of these discussions is to find a balance between the financial challenges faced by transport operators and the need to maintain affordable public transport for commuters....
Labadi Beach Hotel has officially dismissed reports claiming it has withdrawn its legal case against Polo Beach Club. In a statement released today, the hotel emphasized that it remains committed to pursuing its legal actions, countering recent media speculation regarding the status of the ongoing dispute. Labadi Beach Hotel has officially dismissed reports claiming it...
In 2024, Ghana and China’s bilateral trade reaching $11.84 billion marks a significant milestone in their economic relationship. This growth illustrates how deeply intertwined their economies have become over the years, especially as China has emerged as a key player in Africa’s economic landscape. Trade Composition The trade dynamics between Ghana and China encompass a...
The newly appointed Acting Chief Executive Officer(CEO) of the Ghana Tourism Development Company (GTDC), Prof. Kobby Mensah, has shared reflections on his first week in office, marking a significant milestone in his leadership journey.In a post outlining his initial actions, Prof. Mensah expressed gratitude to President John Dramani Mahama for entrusting him with the role,...
The Chamber of Petroleum Consumers (COPEC) is pressing the Ghanaian government for swift intervention to tackle the ongoing rise in fuel prices, which has now reached its third consecutive increase this year. Consumers are facing significant price hikes, with the first pricing window of February following a similar upward trend seen in January. Shell has...
The Bank of Ghana has released its report on the performance of Ghana’s Petroleum Funds for the second half of 2024, revealing a significant increase in oil revenue and a substantial boost to fund allocations.According to the report, Ghana’s petroleum funds have grown to a staggering $1.4 billion, with a total of $543 million received...