Effective Monday July 14, 2014, consumers of petroleum products would have to pay at least 20 percent at the pumps, according to figures from the National Petroleum Authority (NPA). The price of petrol (premium) has gone up by 23.08 percent. This means a litre of the commodity, which currently sells at GH¢2.73 per litre, from Monday, will sell at GH¢3.36. Kerosene’s price has shot up by 23.75 percent and diesel by 22.01 percent. Diesel currently sells at 268.00 pesewas per litre and the
The restaurant chain Pizza Express has been sold to a Chinese firm for around £900m, following "considerable interest" in the business. The UK Gondola Group confirmed the sale to private equity firm Hony Capital. There are 436 Pizza Express restaurants in the UK along with 68 internationally - including 22 in China - employing more than 9,000 workers. Chief executive Richard Hodgson said expansion in Asia was a "key part" of future growth strategy. The sale was a "very positive
As Germany and Argentina prepare for the biggest game on the ÂÂfootballing stage, we can reveal the real winner of the World Cup... Brought up in poverty and later facing bankruptcy, Heine Allemagne now looks set to become a millionaire, thanks to his magic disappearing free kick spray. The foam – which keeps the defenders’ wall 10 yards away and vanishes after 60 seconds – is expected to be used across the globe and is already being considered by Premier League bosses. Thrilled Heine got to
Despite considerable advancements in achieving the Millennium Developments Goals (MDGs), reliable statistics for monitoring development remain inadequate in many countries. “Data quality, compliance with methodological standards and non-availability of disaggregated data are among the major challenges to MDG monitoring,†the 2014 United Nation MDG report said. The report said reliable and robust data are critical for devising appropriate policies and interventions for the achievement of MDGs
Major steel producing companies in Tema will soon hit the streets with a possible shut-down of their factories to protest against what they term as the “harsh and unfavorable economic environment†in the country. Directors and managers of major steel companies like Sethi Brothers Ghana Ltd, Special Steel Limited, Ferro Fabric Limited, Steel and forging Limited and Wahome Steel Company Limited last Friday held a meeting to plan for the protest-march schedule -- which will possibly take place by
Understanding the basics of stock is a prerequisite to being a good investor. Wouldn't you love to be a business owner without ever having to show up at work? Imagine if you could sit back, take a holiday in the Bahamas, watch your company grow, and collect the dividends (a form of remuneration) as the money rolls iin. This situation might sound like a pipe dream, but it's closer to reality than you might think. As you have probably guessed we are talking about owning stocks. This excellent category
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