Category: Business

Producer inflation: Producer price inflation (PPI) in Ghana recorded a marginal increase in March 2026, rising to 1.5% from 1.4% in February, according to the latest data released by the Ghana Statistical Service (GSS). The slight 0.1 percentage point uptick reflects a modest increase in the cost of goods and services at the factory gate, […]

Reduction in fuel price: The Government of Ghana has announced a reduction in the prices of petrol and diesel, set to take effect from April 16, 2026, as part of measures to cushion consumers against rising global fuel costs. Under the new directive, petrol will see a reduction of GH¢0.36 per litre, while diesel prices […]

The Youth Employment Agency (YEA) has reassured its beneficiaries that efforts are ongoing to complete outstanding allowance payments, urging those yet to receive payment notifications to remain calm as arrears are being processed. In a statement issued by its Corporate Affairs Directorate, the Agency confirmed that the majority of beneficiaries have now received all outstanding […]

Russian Submarines: The UK Ministry of Defence has accused Russia of carrying out a covert submarine operation targeting critical undersea infrastructure in waters north of the United Kingdom, raising fresh concerns about the vulnerability of global communications and energy networks. Speaking at a Downing Street press briefing, John Healey revealed that three Russian submarines were […]

Global oil prices have fallen sharply while stock markets rallied after the United States and Iran agreed to a conditional two-week ceasefire that includes reopening the strategically vital Strait of Hormuz. Benchmark Brent crude oil dropped by more than 15% to below $92 per barrel, with West Texas Intermediate crude following a similar trend, falling […]

Short Term Employment Permits: Guernsey businesses are facing a potential workforce crisis as Short Term Employment Permits (STEP) for many employees approach expiration. Without a temporary extension, employers risk losing staff who have trained over the past three years, leaving businesses scrambling to recruit and retrain replacements. Cafe owner Delphine Pesrin-Auder expressed deep concern for […]

Larry Fink, CEO of global investment giant BlackRock, has called for a societal shift in how we value careers, emphasizing skilled trades like plumbing, electrical work, and welding over traditional office jobs such as law and banking. In an exclusive interview with the BBC, Larry Fink warned that as artificial intelligence (AI) transforms the workplace, […]

Global oil and gas prices fell sharply on Tuesday after Donald Trump suggested the ongoing conflict involving Iran might not last long. Oil prices had surged to nearly $120 per barrel on Monday amid fears that the war could severely disrupt energy supplies from the Middle East. However, prices dropped to around $92 after Trump […]

Strait of Hormuz: The US warns Iran against disrupting global oil shipments through the Strait of Hormuz as tensions raise fears of rising energy prices worldwide. US President Donald Trump has issued a strong warning to Iran, cautioning that any attempt to disrupt oil shipments through the Strait of Hormuz would provoke a powerful military […]

China’s exports: Strong global demand for electronics and manufactured goods drives China’s exports, even as shipments to the United States decline. China’s exports surged dramatically in the first two months of the year, highlighting the resilience of the country’s trade sector despite ongoing tensions with the United States. Official data released by the government in […]