Bussiness
Premix fuel scarcity pushes fish prices up
Thumbnail Ho Economics Premix Fish
Mr Seth Kedey, the Deputy Volta Regional Chief fisherman has hinted of a rise in the price of fish this festive season (yuletide) occasioned on scarcity of premix fuel.
According to him, the public would have to pay more for fish due to the unavailability of premix fuel at the various landing beaches along the country’s Coast.
Mr Kedey, who doubles as the National Public Relations Officer for the Ghana National Canoe Fishermen Council (GNCFC) gave the hint in an interview with the Ghana News Agency on the sidelines of this year’s farmer’s day celebrations in Keta in the Ketu Municipality of the Volta region.
“It’s been more than four months without premix fuel, the premix is not there – we are buying from the regular pumps, which is very expensive- you have to buy super and mix it with diesel to get premix to embark on your fishing expedition,” he said.
“We all know what petroleum price hikes come along with- prices of everything shoot up. In recent past you could buy a pan of fish for between GHC 400-500, but now that same pan of fish sells at GHC 1000- whatever price we buy fuel to embark on an expedition, would have to be transferred to the customer.”
Mr Kedey added that the fisher folk are now helpless considering the current state of affairs with most of them now out of business adding that the few canoe owners who are able to afford the expensive fuel, incur huge debts here and there and that’s a source of worry.
He appealed to government to do something about the premix shortage to keep the fisher folk in business to support their livelihoods and of their dependents.
Fishermen in all four fishing regions in the country have in recent times raised concerns about the shortage of premix fuel at the landing beaches, a situation they said was taking a toll on their operations.
They have had to resort to the buying of the fuel meant for vehicles at cut-throat prices to power their outboard motors to embark on fishing expeditions with nothing done by the authorities to resolve the situation, they said. -GNA
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).
