The government is urgently seeking to build on the momentum of its debt restructuring efforts, following the recent agreement with official creditors to restructure debts extended to the country up until December 2022. Having overcome this hurdle, Reuters reports that government officials will re-engage with its international bondholders from next week, seeking to continue discussions […] The post
Fiscal space, in its simplest form, is the capacity of governments to adjust their revenue and expenditure policies to overcome economic shocks and foster growth. It is a precarious balance between short-term responsiveness and long-term prudence. It is essential to realise that fiscal space is not an abstract concept. It is tangible and can be created through […] The post
The government has announced that it has reached an agreement with its Official Creditors in restoring debt sustainability in line with the International Monetary Fund (IMF) programme targets. The government is seeking to secure the 2nd tranche of the IMF bailout after securing the 1st tranche in 2023. The government embarked on a Domestic Debt […] The post IMF
The Ghana Private Road Transport Union (GPRTU) has announced that it submitted a proposal to Parliament for the reconsideration of the Emission Levy Bill, scheduled for implementation in 2024. The Emissions Levy Bill, approved by Parliament, imposes an annual charge of GH¢100 on all owners of petrol and diesel cars, starting from January 2024. The […] The post GPRTU
The Minister for Energy, Dr. Matthew Opoku Prempeh, has asked Ghanaians to disregard a video in which he said to have described Vice President, Dr. Mahamudu Bawumia as useless. In a press statement issued on Tuesday, Dr. Prempeh’s spokesperson, Kofi Abrefa Afena, explained that, his boss made those assertions in 2014 in reaction to the […] The post I
In a landmark agreement at the 28th Conference of the Parties (COP28), nations worldwide committed to a decisive reduction in fossil fuel consumption – aiming to combat climate change. For Ghana, a nation endowed with diverse natural resources and a chronically challenged economy, the implications of this deal are multifaceted; carrying both challenges and opportunities […] The post
Shirley Tony Kum donating the equipment to managers of the Surgical Department Vivo Energy Ghana, marketer and distributor of Shell-branded products and services has donated four surgical smoke evacuator Read More... The post Vivo Energy Donates To Korle-Bu appeared first on
Officials of Genser Energy presenting a dummy cheque to elders of Prestea Himan GENSER ENERGY, currently building the Gas Conditioning Plant (GCP) project in Prestea, has donated 12,000 litres Read More... The post Genser
Zwelithini Mlotshwa, (3rd left) with Godwin Tamakloe, RIET Transport Managing Director and contestants PUMA ENERGY Ghana, a leading energy company in the country, has held its 6th Transporters’ Safety Quiz Read More... The post Puma Energy Re-affirms Road Safety Commitment
Senior Program Officer for Africa at the Natural Resource Governance Institute (NRGI), Dennis Gyeyir, has suggested that Ghana should not overly fixate on gas for power generation amid the country’s energy transition towards achieving Net Zero emissions. Following Ghana’s decision on energy transition, some key players in the energy sector have responded to this transition. […] The post Ghana
The Bui Dam The Bui Power Authority (BPA) has made significant strides in power generation using its Hydro-Solar Hybrid (HSH) plant feat which has triggered a sustainable progression of Read More... The post BPA Revolutionises Energy Landscape appeared first on
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