The fangs of the new Coronavirus, since its appearance in late 2019, have cut through all sectors of national economies leaving nothing unscathed. For the global energy sector, it has resulted in a historic dive in oil prices, way below projections of many oil-based entities and budgets of national governments....
The economic shock experienced by most economies caused by the coronavirus (Covid-19) pandemic can have widespread and dramatic effect on investments in the energy sector. The baseline expectation for 2020 is a widespread global recession caused by prolonged restrictions on mobility and social and economic activity. With a gradual...
Yecham Property Consult in conjunction with the IFC –EDGE Program and supported by the Embassy of Denmark, hosted a virtual edition of the Ghana Green Building Summit from July 23rd to 24th July, 2020 at the head office of CalBank. The iconic tower, which was the perfect setting to host...
Last week, on 22 July, a virtual event was held to kick off the “Enhancing the resilience of Ghana’s national infrastructure systems “project. The project will undertake an analytic study to support Ghana in identifying its infrastructure adaptation needs and provide a roadmap on how those needs can be met. It...
South Africa in fourth month of lockdown restrictions Gradual reopening has led to return of power cuts Keitumetse Modise was already struggling to juggle her appointments as a freelance beautician while home-schooling her daughter during South Africa’s nearly four-month-old COVID-19 lockdown. The last thing she needed was the lights...
… gov’t’s freeze on new IPP deals delays production of cheaper and cleaner energy A 1,000MW wind power project, which has secured all the technical permits from the relevant government and district agencies, has stalled due to government’s decision to put a freeze on discussions and issuance of licences for...
The Northern Electricity Distribution Company (NEDCo) of the Volta River Authority (VRA) has clamped down on some hospitality operators and landlords for engaging in illegal power connections in the Northern and Savannah Regions. The exercise, undertaken by a team of NEDCo staff, found a good number of power consumers in...
I began my career at Tropical Cable and Conductor Ltd. 20 years ago, in June 2000. I had just turned 37 that year. That year was the beginning of a new millennium, and the age of technological advancements that would change our daily lives as we knew it (high...
The Biogas Association of Ghana (BAG) is calling on government to formulate a national policy to regulate the disposal of faecal waste in the country. The Vice President of the Association, Mr. Daniel Osei-Bonsu - in a media interview with support from BUSAC, DANIDA and USAID, stated that a national...
The Public Interest Accountability Committee (PIAC) has urged the Bank of Ghana and Ministry of Finance to consider broadening the qualifying investment instruments in order to diversify Ghana Petroleum Funds (GPFs) investments in both low and high risk portfolios to maximise returns. As it stands now, the Petroleum Revenue Management...