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 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
In a significant development within the telecommunications sector, Vodafone Ghana has officially transitioned to Telecel Ghana, marking a strategic move to expand economic access to communication services across the country. Telecel Ghana has now assumed control over various operations previously managed by Vodafone, including fixed telephone lines, internet services, voice and data services, as well […] The post Vodafone
…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
Universal Music Group (UMG) has made a significant move in the African music industry by acquiring a major stake in Nigerian record label, Mavin. The deal, announced on Monday, Read More... The post Universal Music Group Buys Stake In Mavin Records appeared
By Mohammed AWAL, Barcelona, Spain MTN Group and Huawei have signed a Memorandum of Understanding (MoU) to establish a Joint Innovation Technology Lab, to strengthen collaboration in technological innovation. The signing ceremony took place at MWC Barcelona, Spain, and was attended by senior delegations from both MTN and Huawei. The partnership will see the creation […] The post
The Jospong Group of Companies (JCG) has entered into an agreement with the Lagos State Government through the Ministry of Environment and Water Resources to build waste treatment plants in Lagos, Nigeria. The integrated waste treatment facility will help to transform the environmental situation of Africa’s most populous city. The landmark agreement was formalized with […] The post Jospong
The Jospong Group of Companies (JCG) has entered into agreement with the Lagos State Government through the Ministry of Environment and Water Resources to build waste treatment plants in Lagos. The integrated waste treatment facility will help to transform the environmental situation of Africa’s most populous city. The landmark agreement was formalized with the signing […] 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 Group Managing Director (GMD) of UBA Group, Mr. Oliver Alawuba, recently paid a working visit to the Governor of the Bank of Ghana, Mr. Ernest Addison, in a meeting that underscored UBA’s commitment to regulatory compliance and strategic expansion in Ghana and beyond. Mr. Alawuba assured Governor Addison that UBA would continue to adhere […] The post Governor
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
In a heartwarming display of compassion and love, Focus 1 Group Limited, owners of Beach FM in Takoradi, have extended a benevolent hand to the inmates of Sekondi Central Prisons with an array of essential items on Valentine’s Day worth over GH¢80k. This was made possible by its Adu-Mante Foundation, which has made it an […] The post Love
The Jospong Group of Companies has supported the Bank Hospital with a cheque for GHc120,000. The gesture which forms part of the Group’s corporate social responsibility it is aimed at assisting with the medical bills of renal patients at the hospital. Presenting the cheque, the Director of Communication and Corporate Affairs at Zoomlion Ghana Ltd. […] The post Jospong
Access Holdings Plc has confirmed the passing of Dr. Herbert Wigwe, the Company’s founding Group Chief Executive Officer and former Group Managing Director of its flagship subsidiary, Access Bank Plc. Dr Wigwe died alongside his wife and son on Friday, February 9, 2024, in a helicopter accident in the United States of America. In a […] The post Access Holdings
The Absa Group team with Chinese officials Absa Group has announced its physical expansion into the People’s Republic of China with the opening of a new non-banking subsidiary in Read More... The post Absa Group Expands To China appeared first on DailyGuide
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