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    Come clean on gold-for-oil ‘fiasco’ – COPEC to govt

    Ghana paid cash for 40,000 tons of oil instead of gold – Egyapa Mercer confirms

    Deadline for debt exchange program moved to February 7 with new terms

    Government finally makes progress on Debt Exchange Program

    Policy Rate increased by 100 basis points; now at 28%

    Africa loses $88bn annually through illicit financial flows – Akufo-Addo

    AMA to roll out digital revenue collection system in March 2023

    We will not layoff Vodafone staff – Telecel

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    Come clean on gold-for-oil ‘fiasco’ – COPEC to govt

    Ghana paid cash for 40,000 tons of oil instead of gold – Egyapa Mercer confirms

    $130bn and $170bn needed annually to bridge Africa’s infrastructural gap – Bawumia

    Government and Association of Banks reach agreement on DDEP

    DDE: Banks secure 5% coupon for 2023; other revisions

    Cocoa bill payment; BoG, COCOBOD others agree to roll over maturing investments

    AfriCatalyst to host conference on use of Special Drawing Rights to accelerate economic transformation

    Banks seek shorter maturities in local debt-swap deal

    Zenith Bank ceases trustee services in unit trust schemes in Ghana

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    MTN to fight $773m tax bill from government

    Telcos to implement 1% E-Levy charge from today

    Huawei Equips 500 Traders in FinTech

    Africans urged to bolster adoption of Bitcoins

    What does 2023 hold? Predictions in payments for the year ahead for Africa

    Meta considered building a Twitter competitor to capitalize on Elon Musk’s ‘crisis’ at company

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    Telcos ready to begin deactivating unregistered SIMs – Chamber of Telecommunications

    Malagasy delegation completes tour of Ghanaian Fintechs and MFIs

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    $130bn and $170bn needed annually to bridge Africa’s infrastructural gap – Bawumia

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    Nigeria’s national debt hits an all time as the country struggles with repayment

    What does 2023 hold? Predictions in payments for the year ahead for Africa

    Nigeria set to stop importation of refined oil and refine its own oil by 2023

    EIU analysts forecast grim economic outlook for Africa in 2023

    AUDA-NEPAD holds workshop for Youth and Media on AU Year of Nutrition

    Agribusiness entrepreneurs must take advantage of AfCFTA – ADB MD.

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PURC to distribute solar panels to small businesses

bycitibusinessnews
March 11, 2015
in Business, Top Stories
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The Public Utility and Regulatory Commission (PURC) has announced plans to start distributing roof top solar panels to small and medium scale businesses.

[contextly_sidebar id=”Prj5x6TEWGZ2iscNsipTipquDSRuKjsz”]”It is also a step towards doing our pilot of giving them some roof top solar panels which will power their equipment.

They don’t have very heavy equipment, like the seamstresses their machines, the barbers their clippers”, the Director of Public Affairs at the PURC, Nana Yaa Jantuah confirmed.

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The move is part of efforts to help ease the impact of the ongoing load shedding on their operations.

It is unclear how much the project would cost and when the pilot will start.

According to Ms Jantuah,” we are not giving timelines now because we have to do preparatory work…we are not talking money now, we are talking the project (the preparatory stage)”.

Some businesses have already collapsed due to the worsening power situation, while others have cut down on labor to survive the turbulent economic situation in the country.

The Electricity Company of Ghana (ECG) at the beginning of the year roped in the industrial sector into the load shedding program and recently increased the load they shed to 30%.

The latest move by the PURC was made public after a meeting between the PURC, ECG, Volta River Authority (VRA), Ghana Grid Company (GRIDCo), and representatives of small scale businesses in Accra today.

The President of the Ghana Association of Barbers and Barbering shop owners Ibrahim Musah in an interview with Citi Business News expressed delight and said this means “a significant drop in the cost of doing business” for his members.

 

By: Rabiu Alhassan/citifmonline.com/Ghana

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