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
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
By Stephen S. Roach FBI Director Christopher Wray recently upped the ante in America’s anti-China campaign. In congressional testimony on January 31, he sounded the alarm over intensified Chinese hacking activity and warned that US infrastructure – telecommunications, energy, transportation, and water – is acutely vulnerable to the Chinese state-sponsored hacker group Volt Typhoon. Front-page […] The post
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 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
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
Absa Group has announced its physical expansion into the People’s Republic of China with the opening of a new non-banking subsidiary in Beijing. The non-banking subsidiary is now open, with the official launch event in Beijing, scheduled for the 8 May 2024. At a ceremony in Johannesburg, South Africa today, attended by Enoch Godongwana, the Minister of […] The post Absa
Russia and China have slammed the United States for its recent air strikes on targets in Iraq and Syria. The two countries accused Washington of raising the risk of regional escalation at a meeting of the United Nations Security Council late on Monday. Moscow also asserted that the US decision to launch the attacks was […] The post Russia and China slam US for Middle East strikes
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
Vietnam and the Philippines have agreed to cooperate on maritime security in the South China Sea, a conduit for $3 trillion of annual shipborne trade that China claims almost in its entirety. The deals, signed during a state visit to Hanoi by President Ferdinand Marcos Jr on Tuesday, will see the two countries’ coastguards working […] The post Vietnam, Philippines sign deals
China has tightened its financial industry rules as the government tries to halt a deepening sell-off in the world’s second-largest economy. Nearly $6tn (£4.7tn) has been wiped off Chinese and Hong Kong stocks since their most recent peak three years ago. The China Securities Regulatory Commission (CSRC) says the measures will create “a fairer market […] The post China
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
Myjoyonline.com reported recently that the government has requested the Ghana Revenue Authority (GRA) to liaise with the two power distribution companies to transfer Value Added Tax (VAT) generated from consumers who have exceeded their lifeline power consumption. The website, quoting from a release issued by the Finance Ministry said the sector Minister, Ken Ofori-Atta, had […] The post Editorial:
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
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