The first tranche of GH¢6 billion of the GH¢10 billion energy bond, which saw bids open yesterday, is expected to deepen the local corporate bond market.
With a total of GH¢36.64billion corporate and government bonds and notes listed on the Ghana Stock Exchange (GSE), only GH¢570.55million - representing 1.56 percent...
As the country moves to firm-up its development and utilisation of renewable energy potential, the Electricity Company of Ghana (ECG) and the Northern Electricity Distribution Company (NEDCo) have been given December as the deadline to submit business models for the integration of distributed renewable energy generation.
Vice President Dr. Mahamudu...
There is a certain mistrust that characterises NDC-NPP politics in Ghana and which is making the country look, increasingly, like it does not uphold the sanctity of contracts; and experts warn this could give investors the wrong impression.
While contract cancellations have led to judgement debts in the past, with...
The country’s Sinking and Contingency Funds have both been denied their overdue revenue to the tune of US$33.34 million, for the year-end December 2020, as mandated by law.
The two funds take their revenue source from the Petroleum Holding Fund (PHF) in which the underlying law places a cap of...
By Kizito CUDJOE
The country's pursuit of achieving a 10 percent renewable energy target by 2030 faces renewed scrutiny, with energy experts warning of potential shortfalls.
Initially conceived in 2003 under the Renewable Energy Development and Management Programme (REDP), the goal has only seen a modest achievement of about 0.8 percent...
Government is to issue a GH¢6billion bond to clear the remaining energy sector debt in March, 2018, Energy Minister Boakye Agyarko has confirmed.
“We will come back to market in March the balance of GH 6billion,” said Mr. Agyarko, who has consistently maintained that the half-decade of power rationing...
The Ministry of Energy wants increased collaboration and coordination on efforts geared toward promoting the efficient use of energy.
Deputy Director-Renewable Energy, Ministry of Energy, Seth Mahu revealed this at the Energy Efficiency Network by Association of Ghana Industries - Energy Service Centre (AGI-ESC) launch in Accra, and said energy...
Fiscal policy think-tank, the Institute for Fiscal Studies (IFS), has commended plans by government to hedge the country’s oil imports as part of moves to ensure some form of price stability.
Speaking at a press conference in Accra, Prof. Newman Kusi-Executive Director of the institute, said the development is a...
As African oil and gas countries struggle with Covid-19’s devastating impact on demand, two international groups seem to be celebrating it.
Earlier this month, the Organisation for Economic Co-operation and Development (OECD) and the International Energy Agency (IEA) described the low oil prices caused by the pandemic as a “golden opportunity”...
More refineries in Europe are at risk of permanent closures, with fuel demand on the continent falling again as major economies re-imposed lockdowns to fight the spike in coronavirus cases.
Gasoline demand in Europe is expected to be between 15 and 20 percent lower in November and December compared to...
