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IES Security Warns Of Fuel Shortage

The Institute for Energy Security (IES) is warning of a shortage of petroleum products across the country. According to the energy think tank, the free fall of the cedi, which is causing a scarcity of dollars and the erosion of some working capital of the Bulk Oil Distribution Companies is …

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Ghana Cedi Hits ¢12.10 To A Dollar

The Ghana cedi has breached the ¢12 mark within just a week, selling at ¢12.10 at most forex bureaus or the retail market. A visit by Joy Business to some forex bureaus indicates that most of the operators are selling the dollar for more than ¢12. They claim supply of …

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GRA Shuts Down Four Branches Of Palace Mall In Accra

Officials of the Ghana Revenue Authority (GRA) have shut down four branches of the Palace Mall. The closure occurred on Tuesday, October 11, 2022.   The affected branches are; Labone, Spintex, Atomic roundabout and Weija. They were closed for non-compliance with the Authority’s E-VAT Invoicing system.     According to …

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