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Electricity and water tariff increment take effect

The Public Utilities Regulatory Commission authorized a tariff increase for residential usage this morning, increasing the cost of water by 5.1 percent and electricity by 5.8 percent. PURC said on May 31 that lifeline customers’ bills will increase by 3.45%. On the other hand, the industrial group “will see a …

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Ghana receives $360m as third tranche of $3bn IMF bailout

The third installment of Ghana’s rescue package from the International Monetary Fund (IMF) has been given to the government, totaling US$360 million. This morning, Tuesday, July 2, 2024, the Central Bank’s account was formally credited with the funds intended for stabilizing the local currency and supporting the budget. It comes …

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CLOGSAG declares nationwide strike

A nationwide strike is scheduled to begin on Wednesday, July 3, 2024, according to the Civil and Local Government Staff Association of Ghana (CLOGSAG). The Association expressed dissatisfaction about the government’s inability to execute the new compensation structure that the Fair Wages and Salaries Commission approved, even though an agreement …

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Cement manufacturers refuse to attend KT Hammond’s meeting

A planned meeting with K.T. Hammond, the Minister of Trade and Industry, was boycotted by about five cement manufacturers on Monday, July 1, due to disagreements about a proposed Legislative Instrument (LI) that would control cement prices. Manufacturers Dangote, Supacem, Ghacem, Diamond Cement, and CIMAF were said to have objected …

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