By Maureen E. BANSAH A German engineering giant, Siemens AG, was rocked by a massive corruption scandal in 2006 that shocked the world. The corruption involved more than $1.4 billion in bribes to government officials worldwide to acquire market advantage. Investigations uncovered the extensive bribery network within the company’s worldwide operations, exposing a deeply ingrained […] The post
Fidelity Bank, Ghana’s largest privately-owned bank has held its inaugural Stakeholder Workshop, as well as the Orange Summit, to address critical needs in sustainability and young entrepreneur development. These events are in line with the bank’s commitment to a brighter future for Ghana, through impactful initiatives on two key fronts – fostering sustainable development and […] The post Fidelity
Aggrieved motorcycle riders have blocked major roads and markets in Asaba and Okayama, in the Oshimili South and Oshimili North Local Government Areas of Delta State, protesting the death of their colleagues. The protesters took to the streets in the early hours of Monday in anger, destroying properties. Businesses around the popular Midwifery Market in […] The post Okada riders storm
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
The General Transport, Petroleum, and Chemical Workers’ Union (GTPCWU) has expressed skepticism about the newly constituted board of the Tema Oil Refinery (TOR) Company Limited, stating that it does not anticipate any positive outcomes. The Union’s National Chairman, Bernard Owusu, attributes this to the appointment of Leon Kendon Appenteng as the Board Chairman. On Tuesday, […] The post Nothing
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
A former Minister of Food and Agriculture, Alhaji Mohammed Muniru Limuna has grabbed a prestigious chieftaincy title known as “Sandape Wura,” to wit, Chief of Staff of the Damongo Paramountcy. The Damongo Traditional Council conferred the authority on Alhaji Limuna in recognition of his unflinching contribution to the socio-economic development of the Damongo traditional area […] The post Former
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:
By Jayati GHOSH While the technical details of international agreements may seem arcane or even trivial, they often commit governments to policies that have major economic consequences. This is especially true for low- and middle-income countries, which have long been on the receiving end of unfair treaties. International tax agreements are a case in point. […] The post For
…global players exploring opportunities within AfCFTA By Kestér Kenn KLOMEGÂH The scramble for the multidimensional control of the African continent by global players is a geopolitical reality. In order to be part of this geopolitical arena, foreign players have been devising different mechanisms for revitalizing partnership and strengthening cooperation with Africa, says Dr. Babafemi A. […] The post
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
Four individuals have lost their lives and three others sustained injuries from lightning strikes in the town of Mogincual, Nampula province in Mozambique. The nation braces for Storm Filipo, with the southern and central provinces on alert for severe thunderstorms. Filipo has made landfall and may intensify into a severe tropical storm before dissipating at […] The post Lightning
The Media Foundation for West Africa (MFWA) has commended Ghana for its strides in upholding freedom of speech, despite recent assaults on media personnel. The Foundation emphasized that Ghana’s commitment to free speech and media quality should be recognized not just within Africa but on a global scale. This praise aligns with President Akufo-Addo’s recent […] The post MFWA
For Deborah Julio, the challenges are many: from religious conflicts to border disputes to forced childhood marriage.
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