Last week Barclays bank launched its maiden Barclays Africa Group Financial Markets Index which had Ghana ranking in the index that ranked the maturity, openness and accessibility of 17 markets in Africa based on both qualitative and quantitative criteria. Ghana ranked below South Africa, Mauritius, Botswana, Kenya, Namibia and Kenya...
Research points to Qatar stadium workers ‘trapped’ in vicious cycle of debt,  ‘Nepali migrant workers are being systematically and mercilessly set up’ Migrant workers constructing stadiums for the Qatar 2022 World Cup continue to be trapped in a vicious cycle of debt and exploitation, according to new research by Amnesty International. Fifa...
Government is keenly planning to embark on a Ministries Department and Agencies (MDA) Solar Rooftop Programme from 2018, Mr Mustapha Abdul Hamid, Minister of Information, has said. The programme dubbed: “Government Goes Solar” will ensure that, government institutions switch to renewable energy to reduce Government’s expenditure on utilities. The “Government Goes...
The Bui Power Authority (BPA) says it has expanded its switchyard at the Bui Generation Station (GS) to accommodate 250MW of solar-generated power. “BPA will be the first hybrid generation plant by the end of 2018, combining hydro and solar power generation,” its Chief Executive Officer Mr Fred Oware, told...
A 100-million Euro bilateral investment and reform partnership agreement to promote private investment in renewable energy and vocational training in Ghana have been signed between Ghana and Germany. The agreement which forms part of Germany's G-20 Compact with Africa for sustainable economic development is also geared towards improving conditions for...
The Institute of Energy Security (IES) is expecting no significant changes in the prices of fuel at the pumps during the Christmas period. A statement signed by IES Principal Research Analyst Richmond Rockson on said the reasons is “due to the fairly stable price of both Crude oil and refined...
Former Finance Minister, Seth Terkper has cautioned government of the risk of huge subsidy debts and its potential to hurt the economy and collapse the energy sector of the economy should government resume paying petroleum levies. The National Petroleum Authority (NPA) is planning to use proceeds of the Price Stabilisation...
Meridian Port Services (MPS) has taken delivery of the first unit of two Mobile Harbour Cranes (MHC). The crane arrived on 8th December 2017 and is currently being commissioned by the manufacturer’s engineers. It is expected to be put into operations after the completion of training over the coming two...
Natural gas transporter West African Gas Pipeline Company (WAPCo) has doubled its capacity from an initial 70mmscf per day to 140mmscf per day. According to management, the infrastructural expansion works - which cost some US$3.5million - will enable the company to transport higher volumes of natural gas to VRA, aside...
Juaben Rural Bank Limited at Juaben in the Ejisu-Juaben Municipality of Ashanti Region has recorded  an impressive operational performance in the 2016 year under review. The Board and Management of the bank consider that the current banking environment is becoming more competitive and aggressive than before, and also becoming more...