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
A member of the Communications Team of the Movement for Change Dr. Ramzi Inusah has raised concerns about the missing laptops for election. According to him, both the New Patriotic Party (NPP) and the National Democratic Congress (NDC) are the creation of the challenges confronting Ghana elections. “The NPP and NDC are the creation of […] The post The
The General Transport, Petroleum and Chemical Workers’ Union (GTPCWU) has expressed disappointment over President Nana Akufo-Addo’s decision to nominate Leon Kendon Appenteng as the Board Chairman of the Tema Oil Refinery (TOR) Company Limited. On Tuesday, March 19, President Akufo-Addo reconstituted the board of TOR, nominating Mr Appenteng as Chairman of the Board Chairman and […] The post TOR:
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
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:
The Ministry of National Security has strongly denied arresting controversial social media commentator Albert Nat Hyde, popularly known as Bongo Ideas. Reports purportedly suggested that Bongo Ideas was arrested on Thursday, March 14, 2024, in his house in Accra by the police and operatives of the National Security. But the Ministry of National Security in […] The post National
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
The Ministry of National Security has dimissed claims on social media that its personnel have allegedly arrested Albert Nat Hyde (Alias Bongo Ideas). Bongo Idea, a critic of the government was reported to have been picked up from his residence on Wednesday by security officers. For instance, private legal prcatitioner Oliver Barker-Vormawor wrote on Facebook […] The post Ministry of
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
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