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
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 Electricity Company of Ghana (ECG) has identified the cause of recent power outages in the country. According to the ECG, the challenges stem from some of their distribution Read More... The post ECG Blames Power Outages On Full Capacity Transformers
By Edna OBIRI As we bask in the unexpected warmth of recent weeks, it’s crucial to recognize that our weather patterns are sending a powerful message about the state of our planet. The unseasonably warm conditions we are experiencing are no mere glitch in the meteorological system but a stark reminder that now, more than […] The post Unraveling
The Independent Power Producers Ghana (IPPs) have issued a stark warning that the country’s power sector challenges are on the brink of exacerbation. According to the Chamber, the sector is at risk of incurring an increased debt of approximately USD$1.8 billion to the IPPs alone by the close of 2024. This escalation is attributed to […] The post Power
Dr. Ishmael Ackah – CEO of PURC Electricity tariffs for residential consumers within 301kWh and above have been reduced by 6.5% starting April 1 to June 30, 2024 In Read More... The post Residential Electricity Tariffs Down By 6.5% appeared first on
– initiate and drive an internal framework supportive of customer thinking I know a utility that is constantly reneging on its services to clients in my locality, making life extremely difficult as the service disruption can last weeks. I have stopped calling the big man. Even though he was kind enough to share his contact […] The post Stepping
The Public Utilities Regulatory Commission (PURC) has announced a slight reduction in electricity tariff for residential consumers but said there will be no change (0%) in the prices paid by lifeline consumers (0-30 kWh), as well as residential consumers within the consumption bracket of 0-300 kWh. PURC says the marginal tariff reduction of 6.56% will […] The post PURC
In a surprising turn of events, Majority Leader Osei Kyei-Mensah-Bonsu has tendered in his resignation with immediate effect, prompting anticipation of a significant reshuffle within the majority parliamentary leadership of Read More... The post Breaking
Mr. Samuel Nartey George, the Member of Parliament for Ningo-Prampram, has charged the Ningo-Prampram District Assembly (NIPDA) to strictly enforce land zoning in the district. Mr George made the charge during the inauguration and swearing-in of a 33-member assembly comprising 22 elected members and 10 government appointees. He stated that it was worrying that even […] The post Sam
The government has officially suspended the planned implementation of the 15% Value Added Tax (VAT) on domestic consumption of electricity. In a press statement issued by the Ministry of Read More... The post Suspends 15% VAT On Electricity-
The first two months of 2024 have brought with them a decent level of activity in the domestic corporate bond market, with two notable issuances by Kasapreko, the indigenous beverage manufacturer, and Letshego, a financial services provider. Data from the Ghana Stock Exchange (GSE) show that the former has successfully raised GH¢103.75million through a senior […] The post Kasapreko,
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The Electricity Company of Ghana (ECG) has embarked on an exercise dubbed ‘Operation No Free Consumption’ in the Western Region. The exercise aims to identify those who are illegally consuming electricity and forms part of the utility company’s revenue mobilisation drive. “During this two-week period, we will update customers details such as phone numbers, GPS […] The post ECG
Extensive dialogue will be held with Organised Labour and other key stakeholders in the coming weeks on the VAT on electricity, the Ministry of Finance has said. The stakeholder dialogue, as stated by the Finance Ministry in its statement dated January 30, 2024, is aimed at ensuring stakeholder buy-in. Organised Labour has kicked against the […] The post VAT
Extensive dialogue will be held with Organised Labour and other key stakeholders in the coming weeks on the VAT on electricity, the Ministry of Finance has said. The stakeholder dialogue, as stated by the Finance Ministry in its statement dated January 30, 2024, is aimed at ensuring stakeholder buy-in. Organised Labour has kicked against the […] The post VAT
The Industrial and Commercial Workers’ Union, ICU-Ghana, has urged the government to treat with urgency, the seven-day ultimatum issued by organized labour to withdraw the imposition of 15% Value Added Tax (VAT) on electricity consumption exceeding the lifeline threshold. ICU expresses concern over the adverse impact that tax imposition may have on consumers, businesses and […] The post ICU
Former President John Dramani Mahama has thrown his support behind organised labour’s call on the government to reverse the Value Added Tax (VAT) imposed on electricity. The Flagbearer of the National Democratic Congress (NDC), expressed concern that the implementation of VAT on electricity consumption would further burden Ghanaians, who are already suffering from economic hardship. […] The post Mahama
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