We’re Not Safe Yet With Power Crisis
Former Volta River Authority (VRA boss), Kweku Andoh Awotwi, has said the country is not ‘home and dry’ as far as the power supply situation is concern. According to Mr. Awotwi: “What we need...
Tag: Volta River Authority
NPP Waiting For NDC’s Response To 170 Facts Presented By Dr. Bawumia
The Office of Dr. Mahamudu Bawumia has noted the discussions on his Public Lecture on the theme – “The State of the Ghanaian Economy – a foundation of Concrete or Straw” – and continues to...
MiDA Directed To Halt Privatisation of ECG
The Millennium Development Authority (MiDA) has been directed to halt all activities related to the partial privatization of the Electricity Company of Ghana (ECG) until it receives directive from...
Lets Recognize Contributions Of Islamic Living Legends In Ghana (1)
Of late Muslims in Ghana have lost great men who were noted for contributing towards development of Ghana and the advancement of Islam. The latest of these men to depart this earth to eternity was...
IMF Awaits Operational Update On Cash-Strained SOEs
The Ministry of Finance is due to present data on the financial status and performance of some state-owned enterprises (SOEs) to the International Monetary Fund (IMF) later this month to pave the way...
PURC Fine Against ECG Appropriate – Wereko Brobby
A former Chief Executive Officer of the Volta River Authority (VRA), Charles Wereko Brobby, has commended the Public Utilities Regulatory Commission’s (PURC), for slapping a fine on the Electricity...
Energy Levies Are “a Bitter Pill”
The Energy Sector Levies are “a bitter pill” the country has to swallow to heel ailing utilities, and not because government takes delight in overloading consumers with taxes, Employment and...
Atuabo Gas Plant Gets Backup Compressor
The Ghana Gas Company has built a second standard overhead compressor unit at a cost of nine million dollars to serve as a back up any time the Atuabo processing plant is shut down for mandatory...
8 Banks On the Verge of Collapse – Bawumia
A former deputy Governor of the Bank of Ghana and the running mate of the NPP Dr. Mahamudu Bawumia has warned that eight banks in Ghana risks collapse due to the continuous hikes of bad loans on...
Akufo-Addo Must Disclose How He’ll Settle Energy Sector Legacy Debt – Gov’t
Minister of Employment and Labour Relations, Haruna Iddrisu has challenged the Flagbearer of the largest opposition, New Patriotic Party (NPP) Nana Akufo-Addo to publicly state how he intends to...
Economy In Distress – GN Research
Groupe Nduom (GN) Research has added its voice to expert views on the Ghanaian economy, describing it as one in distress. It said Ghana’s economy has been on a persistent decline over the past four...
Labour Agitations In Power Sector To Affect FDIs
A former Chief Executive Officer of the Volta River Authority (VRA), Dr. Charles Wereko-Brobby, has told Citi Business News the recent labour agitations in the power sector will affect Foreign Direct...
Follow Roadmap To Clear Legacy Debt
The International Monetary Fund (IMF) has pressed on government to strictly follow roadmaps designed to wean state owned power companies off debts. According to the IMF, its recent discussion with...
VRA To Construct Wind Power Plant
The Volta River Authority (VRA) is to construct a 150 Megawatts wind power plant to supplement power generation in the country. The project, the first of its kind, is a component under the VRA's...
Five Weekend Destination For Family And Loved Ones
Ghana has been blessed with a lot. Aside the natural resources, we can as well boast of great tourist sites and holiday destinations. No need to grab a ticket abroad for a vacation or honeymoon...
Abide By Escrow Account Rules
The Ghana Bankers Association has appealed to power companies to abide by rules governing the Escrow Account with the Bank of Ghana (BoG) to prevent a future Legacy Debt in the power sector. The...
Prince Amoabeng Of UT Bank Is Right In Commenting On Erratic Power And Insults On President And Elder Statesmen
Undoubtedly Mr. Kofi Amoabeng is a household name that would remain with us for a long time to come. Out of nothing this man has managed to develop himself into a top business entrepreneur who has...
Utilities Debt Endangers IMF Programme
The International Monetary Fund (IMF) has conditioned its next review of the US$918 million Extended Credit Facility programme, expected mid-September, on a “quick and positive” resolution of the...
Ghana Gas Closure Will Not Affect Power Generation
The Communications Manager of Ghana Gas Company Limited Alfred Ogbamey has assured that the ten-day closure of Ghana Gas at Atuabo will not have any adverse effect on power generation in the country....
Lending To Oil Sector ‘risky’
Founder of UT Holdings, Prince Kofi Amoabeng, has advised the banking sector to be cautious in lending to importers of oil and gas describing the sector as risky. Banks are having to deal with...