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
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
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
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
Nana Akua Anyidoho The government has been urged to focus on effective revenue production and equitable distribution within the country’s larger tax framework instead of burdening consumers. Stakeholders at Read More... The post Stakeholders Call For E-Levy Review appeared first
Stakeholders from all sectors of the local economy are calling for a review of the electronic transaction levy (E-levy). They argue that instead of burdening consumers unnecessarily, efforts should focus on effective revenue production and equitable distribution within the larger tax framework. This came to light during a tax forum organized by the International Centre […] The post Participants
…Championing African Energy Independence As the Africa Energy Technology Conference draws near, one name stands out prominently among the key speakers—NJ Ayuk. Internationally acclaimed as a thought leader, lawyer, entrepreneur, and the Executive Chairman of the African Energy Chamber, NJ Ayuk’s presence at the conference adds immense value and expertise to the discussions on Africa’s […] The post
Nana Amoasi IV, the Executive Director of the Institute for Energy Security (IES), has warned that the ongoing power cuts in parts of Ghana may persist unless immediate and deliberate actions are taken to address underlying challenges related to installed capacity and fuel supply. He emphasized that these issues significantly impact the country’s power sector. […] The post Recent
The government paid a total of GH¢300,385,317.52 as judgement debt between 2017 and 2022. The Ministry of Finance made this known in an updated information on judgement debt payment dated August 2023. The Ministry revealed that the payments were made to over 60 individuals and organisations. For instance, in 2017, Albert Osei was paid GH¢279,412.83; […] The post Over
Kenya has waived entry fees for passport holders from South Africa and six other countries, following widespread criticism of the recently introduced $30 fee. The move aims to boost tourism and attract business travellers. Previously, all foreign passport holders were subject to visa requirements, but the government’s decision sparked backlash for potentially increasing travel costs […] The post Kenya
The Mines and Energy Committee in Parliament has given the Chief Executive Officer of the Minerals Income Investment Fund (MIIF), Edward Nana Yaw Koranteng, a seven-day ultimatum to provide the Committee with further details regarding the $12 million spent on the botched Agyapa royalties deal. He is expected to provide the committee with the documents […] The post Mines
Vivo staff and students in a group photograph Vivo Energy has celebrated this year’s Chocolate Day with students of the New Horizon Special Needs School in Accra. The event, Read More... The post Vivo Marks Chocolate Day With Special Needs Students
An economist, Professor John Gasti, says the flagbearer of the New Patriotic Party (NPP), Dr. Mahamudu Bawumia, will not be able to scrap the taxes on electronic financial transactions, also known as e-levy, as proposed if he is elected president of Ghana. Dr. Mahamudu Bawumia pledged to abolish the e-levy and four other taxes to […] The post It’ll
The Ghana Union Movement (GUM) has described Vice President Dr. Mahamudu Bawumia’s envisioned development plan for the country as a “cover-up to win votes.” The Union questioned the decision by the Vice President not to “acknowledge the failures of the Government” and expressed doubt over his promise to abolish some of the taxes introduced by […] The post Osofo
Some mobile money users in the Ashanti Region are sceptical about the promise Vice President Dr. Mahamudu Bawumia gave concerning the scrapping of the e-levy if he becomes president of Ghana. The controversial tax was introduced in 2022 by the Akufo-Addo government. While delivering a public lecture on his vision for the country after he […] The post Scrapping
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