The largest power producer in the country, the Volta River Authority (VRA), is to partner one of the renowned power production companies in Europe, the Électricité de France -- otherwise known as EDF, to carry out the second phase of the Kpone Thermal Power Plant Project. EDF is a French electric utility company largely owned by the French government. Kirk Koffi, Chief Executive Officer of the VRA, told the B&FT that his outfit is in serious negotiations with the EDC for execution of the KTPP

Kwaku Sakyi-Addo Chief Executive Officer of the Chamber of Telecommunications --advocate for the telecommunications industry -- has reiterated the call for scrapping the 20 percent import tax on mobile devices in order to stem smuggling of the devices into the country. “Currently people are smuggling handsets in suitcases and bags into the country in order to avoid taxes. Because they are not paying taxes, the revenue assumptions made by the tax authorities are being compromised and taxes on mobile

Fidelity Bank Ghana Limited and ProCredit Ghana, as part of their resolve to ensure a smooth integration, have acquired the services of Danny A. Davis -- an international expert on mergers and acquisitions -- to provide strategic guidance toward a successful merger. The move is in anticipation of final approval from the Bank of Ghana and shareholders for both companies to merge. During the two-day workshop, Danny Davis -- one of the most respected integration specialists in the UK and the founder

President John Mahama on Monday held discussions with the Chief Executive of the Millennium Challenge Corporation (MCC), Dana Hyde, in New York. The meeting, which was also attended by the Minister for Foreign Affairs, Hanna S. Tetteh, is a follow-up to signing the new Ghana Compact in August. The MCC is investing US$498.2million to transform Ghana's power sector and also stimulate private investment. At the end of the five-year Ghana Power Compact, Ghana is expected to have a financially

About 10 days ago, Lusa Khanneh took ill, but not in an Ebola kind of way.

The Forestry Commission, through the National REDD Secretariat, will undertake its first National Road Show aimed at galvanising public support for actions and measures targetted at addressing the drivers of deforestation and forest degradation in the country. The Road Show which is under the theme "Reducing Forest Loss and Climate Change Impacts through REDD ; Our Collective Responsibility", will begin in late September and end in early November this year. Four strategic locations, namely

Wholly-owned Ghanaian company TC’s Energy has signed a power purchase agreement with the Electricity Company of Ghana (ECG) to produce 1,000 megawatts of power from tidal waves by 2017. The Executive Chairman of TC’s Energy, Anthony Opoku, has disclosed that the company’s Swedish counterpart, Seabased Wave Energy, has already held talks with key project stakeholders including the Ghana Grid Company Limited (GRIDCo), the PSC Tema Shipyard, Sea Truck Group (STG) and the Ministry of Energy to

Government and its stakeholders are being urged to ensure that all employees are paid electronically. This is contained in the Strategic Payments Roadmap for Ghana report. The Report prepared by Standard Chartered Bank for the Bank of Ghana and launched this year, spells out steps the country needs to undertake to have an effective electronic payments system and move to a cash-lite society. One of the key recommendations of the Report is payment of employees by electronic means instead of the traditional

CNN's Nima Elbagir reflects on a harrowing trip to Liberia where she covered the deadliest Ebola outbreak in history.

Dr. Joseph France, Head, Policy and Regulation Office, Banking Supervision Department at the Bank of Ghana, has urged banks to periodically organise workshops for their customers to explain the processes involved in complex transactions and trade finance. Speaking at the opening of the 5th Ghana International Bank (GHIB) four-day international trade finance training programme in Accra, Mr. France said through these training workshops, banks will be able to obtain the necessary feedback to enable

A former chief of staff under the esrtwhile Kufuor Administration Kojo Mpiani has asked President John Mahama to move into his official residence at the Flagstaff House in Accra. Kojo Mpiani believes there is no justification for the president to abandon his official residence. President Mahama currently resides in the Vice President’s house. Sources close ...

A Tamale Circuit Court in the Northern Region has convicted 40 ECOWAS nationals on their own plea, for illegal mining. The Presiding Judge, His Honour Senyo Amedehe ordered the confistication of their mining equipment and their immediate repatriation after paying the fines. In all, 45 of the convicts including Malians, Guineans and some from Burkina ...

The Ghana Journalists Association (GJA) has asked the media to ignore calls to boycott a planned press conference to be addressed by the family of Black Stars Captain, Asamoah Gyan. The Managing Director of the Graphic Communications Group, Ken Ashigtbey, whose reporter, Daniel Kenu was assaulted by Baffuor Gyan, in a facebook post, called on reporters ...

Dr. Vladimir Antwi-Danso, senior research fellow at the Legon Centre for International Affairs and Diplomacy is cautioning Ghana to do an extensive preparatory work before heading into the arbitration proceedings with Cote D’Ivoire. He said he is highly convinced that there are big players such as France and the United States backing Cote D’Ivoire in ...