Fuel Prices To Go Up By 3%
The Institute for Energy Security (IES) has indicated that if government does not take any action to address recent developments in the energy sector, fuel prices could go up by three per cent at the...
Tag: energy sector
Economy Deteriorated In 2016
The International Monetary Fund (IMF) has expressed shock at the level of deterioration of various economic indicators in 2016 saying Ghana's fiscal problems required strong efforts of consolidation...
IMF Lauds NPP Tax Cuts Reforms
International Monetary Fund (IMF) is confident the plans outlined by the New Patriotic Party (NPP) government to cut down and eliminate some taxes will restore fiscal discipline, promote debt...
Be More Accountable With Energy Sector Levy Proceeds
A policy think-tank, Institute of Energy and Climate change Policy (IECP) says the Finance Minister's decision to retain the energy sector levy in the medium term a prudent one. It said although the...
Ghana’s Fiscal Deficit Deteriorated To An Estimated 9% of GDP In 2016
Ghana's overall fiscal deficit, on a cash basis, in 2016 deteriorated to an estimated 9 percent of GDP, instead of declining to 5¼ percent of GDP as envisaged under the IMF-supported program. The...
IMF Lauds NPP’s Tax Cuts Reforms
The International Monetary Fund (IMF) is confident the plans outlined by the NPP government to cut down and eliminate some taxes will restore fiscal discipline, promote debt sustainability and...
Retaining Energy Sector Levy A Prudent Decision But More Accountability Needed
The Institute of Energy and Climate change Policy (IECP) welcome the news by the Finance Minister, Hon Ken Ofori Atta, to retain the energy sector levy in the medium term a prudent one. This decision...
Gov’t May Not Scrap Energy Levies
The controversial Energy Sector Levies may not be scrapped, as Finance Minister, Ken Ofori-Atta, has given indication they are needed to “extinguish” the web of debt in the sector, which also...
GNPC’s Relocation; the Yes, the Nos and My Take
Cheers from a charged crowd echoes over the roofs in mainland Takoradi, amidst drumming and dancing. It’s the final days of the 2016 campaign at the Takoradi Market Circle, and the promises are in...
‘Reduce Political Interference In ECG’
Some employees of the Electricity Company of Ghana (ECG) calling themselves Concerned Staff of ECG have charged the new Minister of Energy, Mr. Boakye Agyarko, to prevent and if possible, eliminate...
Third FPSO To Set Sail To Ghana Next Week
Ghana’s third Floating Offloading Production Storage (FPSO) will set sail to Ghana next week after it was officially named by the First Lady, Mrs Rebecca Akufo-Addo, at a colourful ceremony in...
Akoto Osei To collaborate With Other Ministers To Manage Energy Debts
The minister designate for Evaluation and Monitoring, Dr. Anthony Akoto Osei has hinted of plans to help restructure the country’s energy debts. Taking his turn at the ministerial vetting committee...
Electricity Tariffs To Be Cut Down Soon; Plus Other Important Plans
The issue of high electricity tariffs has been just as popular as ‘dumsor’ such that the topic is no longer news to Ghanaians. However, the newly sworn in Energy Minister, Boakye Kyeremateng...
Ghanaians could have some relief on how much they pay for utility, especially electrify, in the first 100 days of the new administration, the Energy Minister, Mr Boakye Agyarko has hinted. This would...
How Tertiary Institutions Can Save Up To 15% of Wasted Electricity Annually
Educational institutions consume lots of electricity to perform both academic and non-academic activities. Currently, some tertiary institutions pay about 2 million Ghana Cedis monthly. Glaringly,...
AGI Renews Call For Long Term Solution To Load Shedding
Following the official commencement of work by the Energy Minister, Boakye Agyarko, the Association of Ghana Industries (AGI) is advocating that the medium to a long-term strategic plan to correct...
AGI Renews Call For Long Term Solution To Load Shedding
Following the official commencement of work by the Energy Minister, Boakye Agyarko, the Association of Ghana Industries (AGI) is advocating that the medium to a long-term strategic plan to correct...
IES Fears For Fuel Security
Energy think tank, Institute for Energy Security (IES), says a recent explosion at the Tema Oil Refinery (TOR) is a harbinger for challenges in the energy sector. IES also says its observation of the...
Parliamentary Leadership To Meet Ayariga
The leadership of Parliament has taken steps to establish the veracity or otherwise of the allegation that each member of the Appointments Committee of Parliament (ACP) was given GH¢3,000 bribe by...
Facts That Qualify Him For the Post of Energy Minister
In response to how he will solve the problem of electricity crisis once and for all, he stated categorically that, the problem of electricity crisis ‘dumsor’ is not that of technicality but one...