Tag: Energy sector
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Ghana signs $260m deal with World Bank to resolve energy sector crisis
Ghana has signed a significant US$260 million deal with the World Bank aimed at addressing the US$1.2 billion losses and various inefficiencies plaguing its...
Business
Energy sector decline threatens industrial growth despite 8.2% surge
Ghana's industrial sector recorded notable growth in the second quarter (Q2) of 2024, posting an 8.2% year-on-year (YoY) increase, according to the Ghana Statistical...
Business
Proposed merger in the energy sector not a solution – VRA Union
National Union Chairman of the Public Services Workers Union at the Volta River Authority (VRA), Fuseini Adjei, has expressed concerns over the proposed merger...
Business
Liabilities in cocoa and energy sectors could affect Ghana’s “modest recovery” – World Bank
The World Bank's latest Ghana Economic Update indicates that while the country has made "steady progress" towards economic stabilization, significant liabilities in the cocoa...
Business
It is time to appoint a new leader for energy sector – IES director
Executive Director of the Institute for Energy Security (IES), has voiced concerns over the lack of effective leadership in the energy sector.He emphasized that...
Business
Audit reports on cash flow system in energy sector to be made public – Finance Minister-designate
The Minister-designate for Finance, Dr Mohammed Amin Adam, has revealed the government’s intention to release audit results of the cash waterfall mechanism to improve...
News
We are looking at data to avoid propaganda – Atta Akyea on energy sector crisis
Chairman of the Energy Committee of Parliament, Samuel Atta Akyea, has announced that the committee is prepared to investigate the cause of the recent...
Business
Major stakeholders to hold crunch meeting on Saturday over energy sector crisis
All major stakeholders in the energy sector are scheduled to appear before Parliament's Energy Committee this Saturday, April 6, as announced by the Committee's...
News
Ghana’s economy to worsen due to energy sector debt – Minority
The Minority Leader in Parliament, Dr. Cassiel Ato Forson, has raised serious concerns about the debt burden affecting Ghana's energy sector, stating that it...
Business
15% VAT on electricity for energy sector debt settlement – Deputy Energy Minister
The imposition of a 15 percent Value Added Tax (VAT) on electricity consumption has been justified by the government as a crucial component of...
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