An Energy Expert and a member of the New Patriotic Party (NPP), Kwadwo Gyamfi-Poku has assured that the power cuts being experienced by Ghanaians in most parts of the country will be resolved. He indicated that the issue has to do with maintenance work being undertaken by the electricity of Ghana and also the West […] The post Akufo-Addo and his team
Bongo lawmaker Edward Bawa has attributed this to the huge indebtedness in the power sector value chain. He says the power sector is currently facing a 1.5billion debts which government is unable to pay. He was contributing to a discussion on the power cuts being experienced in most parts of the country, on TV3’s Key […] The post The total debt situation in Ghana’s power sector
The Minority in Parliament is calling on the government to urgently intervene to prevent the disconnection of power to 91 hospitals in the country. The Electricity Company of Ghana has threatened to disconnect the power supply to these hospitals due to their outstanding debts amounting to 261 million Ghana Cedis. Kwabena Mintah Akandoh, the Ranking […] The post Minority
In the early 1990s, every self-respecting American yuppie and retired suburban couple bought an electric bread maker, with sales hitting four million units. But the fad soon faded as these amateur bakers discovered that stuffing a precise quantity and ratio of flour, eggs, butter, yeast, and salt into a metal box takes time and costs […] The post Are electric cars a dead end?
as inflation eats away 92% of currency’s value since 2007 The cedi’s struggle to maintain value beyond the short term continues to raise concerns about the economy’s long-term transformation, financial expert Adjei Boateng has said. Mr. Boateng, a chartered financial analyst (CFA), highlighted the cedi’s significant devaluation, losing 91.6 percent of its value since the […] The post
For well over a decade Ghana was exalted as one of the most promising and fastest growing economies on the continent. But recent reports of the country’s steep economic dip, high inflation and rolling blackouts, popularly referred to as “dumsor”, suggest the era of inconsistent electricity between 2012 and 2016 is back. The west African nation is experiencing power rationing and electricity cuts. […] The post Ghana’s
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