The Chief Executive Officer (CEO) of the Independent Power Generators, Ghana (IPGG), Dr. Elikplim Kwabla Apetorgbor, has appealed to the Ministry of Energy to reconsider its decision to reject their request to include them in the Cash Waterfall Mechanism Committee. The IPGG said that the earlier appeal to be included was rejected by the Ministry. […] The post Independent
Energy Minister Dr. Matthew Opoku Prempeh is urging developed countries to support developing countries meet their net-zero targets. This, according to the Minister, can be done by these countries redeeming funding pledges they made to support developing countries towards the reduction of GHG emissions. The Minister made this call when he addressed a panel session […] The post Show
By Kizito CUDJOE The Public Utilities Regulatory Commission (PURC) has issued a strict directive aimed at the Electricity Company of Ghana Limited (ECG) to ensure the financial stability and operational integrity of the energy sector. The directive, issued under Sections 3 and 24 of the Public Utilities Regulatory Commission Act, 1997 (Act 538), follows ECG’s […] The post
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
By Ferdinand D. ADADZI Introduction Timestamp: Thursday, 14th March, 2024 @ 10.06 pm. We are back to erratic power supply.⚡️ ⚡️ ⚡️ You can call it dumsor or it is not? 🤷♂️ Fact still remains, there are serious challenges in power supply to residents and businesses. In the midst of the challenges, there are plenty […] The post Offgrid
What do you get when eight influential women in Corporate Ghana spend sixty minutes in the same room with eight self-driven, forward looking, passionate, young and energetic female entrepreneurs who are solving pertinent societal challenges across Ghana? The answer? A power-packed session where women inspire the next generation of leaders to achieve more in the […] The post
Zenith Bank, one of Ghana’s leading financial institutions, has opened its newest branch at Techiman, in the Bono East Region of Ghana. Strategically located in the heart of Techiman, this expansion underscores Zenith Bank Ghana’s commitment to serving communities across Ghana and fostering economic growth in the region. With the opening of the Techiman branch, […] The post
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 apologized for the power cuts being experienced by Ghanaians in most parts of the country will be solved. He admitted that that there are challenges being faced by the government however these challenges are being resolved. He indicated that the […] The post We apologise for the power cuts,
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 Executive Director of the Institute for Energy Security (IES), Nana Amoasi VII, has urged the government to prioritize investments in renewable energy sources such as solar and wind amidst the ongoing power crisis. The inconsistent power supply, particularly in the capital city of Accra, has been causing disruptions in daily life for businesses and […] The post Dumsor:
The African Guarantee Fund (AGF) and United Bank for Africa (UBA), on Monday, signed a partnership that ensures that UBA provides US$100million in new loans to small and medium enterprises (SME) and businessowners across the 20 African countries where the bank has presence in Africa. The AGF, under this agreement, will support and guarantee SMEs with US$50million Portfolio […] The post
In a significant development for the African Lotteries Association (ALA), Mr. Samuel Awuku, the Director-General of the National Lottery Authority (NLA) of Ghana, has been elected as the Vice President at the ALA’s General Meeting held in Casablanca, Morocco, on March 8, 2024. This historic election marks the first time a Director-General from an Anglophone […] The post
International tech company, Yango, has organized the maiden edition of its ‘Women in Transport Conference’ to empower and inspire women in the transport and ride-hailing business in Ghana as part of activities to mark this year’s International Women’s Day celebrations. The conference was to appreciate the resilience; innovation and contribution of women who navigate the […] The post
eTranzact Ghana Limited, a leading provider of innovative payment technology solutions, has been awarded the prestigious honour of “Leading Payments Technologies Service Provider of the Year,” at the Ghana Fintech Awards (GFA 2023). The laurels recognized the company’s excellence in innovation, its commitment to delivering cutting-edge payment solutions and dedication to customer satisfaction. According to […] The post
Financial analyst, Kofi Arkaah has forecasted challenges for the forthcoming government in addressing issues plaguing the energy sector. He expressed concern over Ghana’s energy sector debts and predicted that the next administration would encounter significant obstacles in various economic sectors. For several weeks, parts of the country have been grappling with erratic power supply, colloquially […] The post Financial
FBNBank has once again reiterated its unwavering dedication to the youth at the launch of the Ubuntu Equip Programme, which was held at the British Council last Friday. The event marked the beginning of an initiative aimed at empowering young individuals with the tools, resources and skills needed to succeed in today’s dynamic world. The […] The post FBNBank’s
Participants and guests at the ‘ShePower’ launch In the spirit of fostering female empowerment and inclusion at top decision-making levels, Vivo Energy Ghana has launched its latest project, ‘ShePower.’ Read More... The post Vivo Energy Outdoors ‘ShePower’ Project
By Robert Nii Arday CLEGG On 30th January, 2024, the Court of Chancery of the State of Delaware delivered a 200-page post-trial opinion, in a stockholder derivative action, Tornetta v Musk, invalidating Elon Musk’s $56 billion performance-based equity compensation plan at Tesla, Inc. In immediate reaction, Musk posted on X thus: “never incorporate your company […] The post
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