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Government has successfully restructured $1 billion in legacy debt owed to Independent Power Producers (IPPs) marking a significant milestone in the country's energy sector reform efforts. This announcement was made by Finance Minister, Mohammed Amin Adam during a joint press conference held on July 1, 2024, alongside the Bank of...
Government has successfully negotiated debt relief totalling $2.8 billion from bilateral creditors, marking a significant milestone in Ghana's efforts to achieve fiscal sustainability and economic recovery. Finance Minister Mohammed Amin Adam announced the breakthrough at a press conference on July 1, 2024, emphasizing the importance of the agreement under the...
The Public Utilities Regulatory Commission wishes to inform consumers of Electricity and Water that, there has been a review of the existing tariffs, to take effect from July 01, 2024, to September 30, 2024. These reviews have been undertaken in line with the Commission's Quarterly Tariff Review Mechanism, which tracks...
This year’s Africa Hospitality Investment Forum (AHIF) attracted hundreds of industry stakeholders from across the continent and beyond, not only to discuss the current state of the industry but also to shape its future.Hosted in Windhoek, Namibia’s capital, AHIF 2024 welcomed both experts in the hospitality field and newcomers eager...
Former MP for Bantama and former CEO of EPA, Dr. Henry Kwabena Kokofu, has called on the members of the NPP and the general public to give their unflinching support to the Bawumia/NAPO ticket going into elections 2024.In a press statement signed by Dr. Kokofu, he indicated that he has...
Nigeria last week announced a ban on single-use plastics in government offices as a prelude to a nationwide ban set to commence in January 2025, a move that could stir a storm in a country hugely dependent on plastics.A recent study by the US Agency for International Development found that...
Ghana's economy is showing promising signs of recovery, as evidenced by a significant decline in inflation, which has dropped to 23.1% in May 2024 from 25.0% in April 2024.This decline marks a notable diminish from the peak of 54.1% recorded in December 2022.Minister for Finance Mohammed Amin Adam highlighted this...
The argument about grants versus loans for assisting young businesses is a complex one, especially in light of the distinct obstacles and opportunities that young business owners have to deal with. In this piece, we explore the experiences of the Mastercard Foundation-funded Absa Young Africa Works project, shedding light on...
Nana Ohene Ntow has implored Christian leaders to teach their members to desist from physically attacking people accused of witchcraft.The former General Secretary of the New Patriotic Party noted that if indeed one is a witch, the right approach is to deal with the witchcraft in a spiritual court.He wondered...
Blue Ocean LPG Bottling Plant has partnered with Puma Energy Ghana, a leading oil marketing organization to support the government of Ghana’s clean cooking initiative and the safe transportation of liquefied petroleum gas (LPG) by distributing more than 1,025 cylinders to six local communities as part of the plan to...
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