Bussiness
Disregard 20% hike in transport fares – GRTCC
The Ghana Road Transport Coordinating Council (GRTCC) has urged the general public, commuters and drivers in particular to disregard the purported transport fare increase of 20%.
According to GRTCC, transport fares are determined by stakeholders and not any single body as seen in the case of recent increments.
“We wish to state that, transport fares has always been negotiated for and on behalf of all operators by the Ghana Road Transport Coordinating Council and the Ghana Private Road Transport Union, no single union or group have the capacity to determine the quantum of increase except the two bodies mentioned above,” the Secretary to GRTCC, Emmanuel Ohene-Yeboah disclosed in a press release.
He continued: “We therefore wish to inform the operators and the general public that the Transport Minister has indicated his readiness to meet with the leadership of the GRTCC and GPRTU on Wednesday 11th May 2022, to commence discussion on our proposal for fare increase.
Mr. Ohene-Yeboah further disclosed that there are standing protocols that are followed for transport fares to be increased.
The GRTCC Secretary, therefore, called on the drivers to stop charging new fares from the public.
“We want to reiterate that the GRTCC and the GPRTU have not divorced from standing protocols for fare increase, it is therefore unjustified for any group of persons to stampede the process to announce fare increase without reference to the standing protocols.
“We wish to advise the public to disregard any increase and the drivers to desist from charging any new fare, as we continue with the discussion on the appropriate adjustment which will be signed by the representatives of the GRTCC and the GPRTU and communicate the same to you,” he added.
Source: Ghana/Starrfm.com.gh/103.5FM/Isaac Dzidzoamenu
Bussiness
Global Market Volatility: Gov’t absorb GH¢2.00 per litre on diesel and GH¢0.36 per litre on petrol
Effective Thursday, April 16, 2026, which is the next pricing window, the Government will absorb GH¢2.00 per litre on diesel and GH¢ 0.36 per litre on petrol.
This intervention is intended to cushion customers and ease the cost burden on households, transport operators, and businesses.
The measure, approved by Cabinet, is in response to rising prices of petroleum products on the international market, which have significantly impacted ex-pump prices in Ghana.
This temporary intervention will remain in force for a period of one (1) month.
During this period government will continue to closely monitor developments in the global oil market and assess the need for further policy adjustments.
A statement signed by Minister of Government Communications, Felix Ofosu Kwakye noted that they remain commited to maintaining price stability, protecting livelihoods, and supporting Ghana’s economic recovery in the face of external shocks.
Ghana’s gold and minerals sector is set for a major spotlight as Meetings. Co, in partnership with key industry stakeholders, announces the Mining & Minerals Convention 2025, scheduled from August 26-27, 2025, at the Kempinski Hotel Gold Coast City, Accra.
Held under the theme “Shaping the Future of Ghana’s Gold Industry,”‘ the Convention will convene government leaders, regulators, miners, refiners, investors, sustainability partners, innovators, and responsible mining, and global competitiveness,policy experts to explore strategies that position Ghana’s gold industry for long-term growth.
The two-day convention will feature presidential and ministerial keynote addresses, industry thought leadership, technical paper presentations, policy dialogues, fireside chats, exhibitions, and high-level networking sessions.
Convention delegates can anticipate a dynamic and insightful experience, marked by thought leadership from leading policymakers and regulators, in-depth discussions on key topics such as sustainability, ESG, digital gold, and responsible sourcing, as well as valuable opportunities to forge public-private partnerships and investment deals.
Moreover, the event will offer practical action points aimed at unlocking greater economic value for Ghana.
The 2025 edition will be supported by a strong coalition of strategic partners, including the Ministry of Lands and Natural Resources, the Minerals Commission, GoldBod, the Minerals Income and Investment Fund (MIIF), and the Ghana Extractive Industries Transparency Initiative (GHEITI).
