Ghana Chamber of Bulk Oil Distributors

Cedi Stabilisation Critical To Affordable Fuel Prices – CBOD
05 Jun

Cedi Stabilisation Critical To Affordable Fuel Prices – CBOD

Wontumi2Business, ,
The Ghana Chamber of Bulk Oil Distributors (CBOD) has called on the government of Ghana to expedite measures in stabilizing the Cedi to ensure reductions in the prices of fuel across the country. The Chamber believes that a stable currency will see a reduction in the prices of diesel, petrol and prices of other goods and services. The Chief Executive Officer of CBOD, Patrick Ofori, speaking during a virtual media interaction, stated that even though international market prices and forex rates affect fuel pump prices, the forex rate changes on pump prices had an enormous impact on fuel prices in…
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Gold-For-Oil: Chamber Of Bulk Oil Distributors Call For Fair Competitive Environment
02 Jun

Gold-For-Oil: Chamber Of Bulk Oil Distributors Call For Fair Competitive Environment

Wontumi2Business, ,
The Ghana Chamber of Bulk Oil Distributors (CBOD) has called on government to create an enabling environment that would ensure bulk distribution companies compete fairly in the gold for oil (G4O) programme. According to Chamber, the Bank of Ghana (BoG) underwriting the risks associated with commercial activities of the Bulk Oil Storage and Transportation company (BOST), gives the government sole shareholder private limited liability company, an upper hand over other players in the field. In a virtual press briefing on Thursday, Dr Patrick Ofori, Chief Executive Officer (CEO) of CBOD, said the Chamber was concerned about the “preferential treatment that…
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