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
…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
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
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
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 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
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
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
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
From left: Perry C.K Okudzeto, Deputy Chief Executive, NPA, Samira Bawumia, Zwelithini Mlotshwa, Michael S. Regan, Administrator, U.S. EPA, Virginia Palmer, Derrick Johnson, CEO of the National Association for the Read More... The post Puma Energy Enabling
Puma Energy Ghana, a leading energy company, has reiterated its commitment to enabling access to energy and specifically clean cooking solutions as the U.S. Environmental Protection Agency (EPA) Administrator, Michael S. Regan, visited its affiliate LPG (liquefied petroleum gas) bottling facility. The visit, attended by Mr. Michael S. Regan, the Second Lady of the Republic […] The post Puma
The time was 6.30pm on Thursday January 25, 2024. Gathered in the Crystal Palace Suite at the London Hilton Hotel on Park Lane were a collection of key United Kingdom (UK) corporate leaders with roots in Ghana – including High Commissioner to the UK and Ireland, Papa Owusu-Ankomah, and Tullow Plc Chief Executive, Rahul Dhir. […] The post Energy sector
…as CIBA endorses proposed policy Former president, John Dramani Mahama, has said he will initiate an Accelerated Export Development Programme as part of the 24-hour Economy Policy implementation when voted into power. He explained that the programme will be coordinated from the presidency in order to give it the requisite support due to the critical […] The post 24-hour
The Minister of Energy, Dr. Mathew Opoku Prempeh, underscored the critical role played by the Bulk Oil Storage and Transportation Company (BOST) in fostering economic stability over the past few years. Speaking at an event to commemorate the 30th anniversary of BOST in Accra, Dr. Opoku Prempeh highlighted the state-owned firm’s contributions to economic stability, […] The post
The Bulk Energy Storage and Transportation Limited Company, BOST held a thanksgiving service over the weekend to commemorate the 30th anniversary of its existence. The event was to give thanks to God for his grace and mercies for keeping the company alive and thriving despite the myriad of challenges it has faced in the course […] The post BOST marks 30th anniversary with
A cybersecurity expert who doubles as president of the Cyber Security Expert Association Ghana (CSEAG), Abubakar Isaaka, has called on the Cybersecurity Authority (CSA) to collectively work with accredited professionals within the sector to apprehend all individuals behind evolving job scams. He indicated that with a joint effort in conducting “a comprehensive reconnaissance”, they will […] The post
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