Ghana failed to secure a spot in the Top 10 happiest countries on the African continent, according to the latest World Happiness Report. The report showed that Nordic nations are once again at the top of the happiness rankings. Finland remained the happiest country for the seventh year in a row, with Denmark, Iceland, and […] The post Ghana misses out on 2024 Top 10 happiest countries in
The Public Utilities Regulatory Commission (PURC) has ordered the Electricity Company of Ghana (ECG) to comply with the Cash Waterfall Mechanism (CWM) and pay all tariff revenues as prescribed and allocated under the CWM to secure the financial integrity of the energy sector. According to the PURC, the objective of the CWM is to ensure […] The post PURC bares
The Electricity Company of Ghana (ECG) has apologized to its customers for the challenges they have to go through in order to purchase electricity credits. The ECG said the challenge is due to the prevailing disruptions in internet connectivity. “The Electricity Company of Ghana wishes to inform our cherished customers and the general public that […] The post ECG apologises
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 Electricity Company of Ghana (ECG) has identified the cause of recent power outages in the country. According to the ECG, the challenges stem from some of their distribution Read More... The post ECG Blames Power Outages On Full Capacity Transformers
Despite a generally difficult local and international economic climate in 2023, the Tema Port handled 18 million tonnes of cargo while the Takoradi Port handled eight million tonnes. That was a boost in performance in the second half of the year after a dormant first half. Mr Michael Achagwe Luguje, the Director General, of Ghana […] The post Tema Port handled 18 million
The Independent Power Producers Ghana (IPPs) have issued a stark warning that the country’s power sector challenges are on the brink of exacerbation. According to the Chamber, the sector is at risk of incurring an increased debt of approximately USD$1.8 billion to the IPPs alone by the close of 2024. This escalation is attributed to […] The post Power
Management of the Ghana Export–Import Bank (GEXIM) has announced it will be hosting “Freedom Market” on Tuesday, March 5, 2024. The “Freedom Market” is a prelude to the 67th National Independence Day celebration next week in the Eastern Region under the theme “Our Democracy, Our Pride”. “Freedom Market”, a special edition of the Bank’s popular […] The post GEXIM
Dr. Ishmael Ackah – CEO of PURC Electricity tariffs for residential consumers within 301kWh and above have been reduced by 6.5% starting April 1 to June 30, 2024 In Read More... The post Residential Electricity Tariffs Down By 6.5% appeared first on
The Public Utilities Regulatory Commission (PURC) has announced a slight reduction in electricity tariff for residential consumers but said there will be no change (0%) in the prices paid by lifeline consumers (0-30 kWh), as well as residential consumers within the consumption bracket of 0-300 kWh. PURC says the marginal tariff reduction of 6.56% will […] The post PURC
The Zambian government has imposed restrictions on maize and mealies meal (maize flour) exports in response to an extended dry spell endangering the harvest. Minister of Agriculture Reuben Phiri announced the measure on Tuesday, stating that export limitations will remain until a thorough evaluation of the upcoming harvest is conducted. “Owing to the prevailing situation, […] The post Zambia
Renowned entrepreneur and Group Chief Executive Officer of WEL Group Holdings, Mr. Eric Eduam, is pushing for increased attention to be paid to Ghana’s built environment industry to put it at par with global trends and standards. Mr. Eduam observed that Ghana’s built environment space, which touches on all aspects of human lives, needs to […] The post Expert
The National Democratic Congress (NDC) in the Volta Region has urged the public to disregard statements made by the New Patriotic Party’s flagbearer, Dr. Mahamudu Bawumia, regarding the government’s construction of a fish landing site in Keta. The NDC in Keta argues that there is no evidence to support the government’s claims of having constructed […] The post Disregard
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The government has officially suspended the planned implementation of the 15% Value Added Tax (VAT) on domestic consumption of electricity. In a press statement issued by the Ministry of Read More... The post Suspends 15% VAT On Electricity-
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