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    Gov’t still plans on tabling a legislation to compel banks to lend to the Agric sector – Agric Minister

    Financial transactions will be allowed even without Ghana card from 1st July – GAB assures

    Enterprise Group PLC records 37% rise in revenue in 2021

    Prices of petrol, LPG to fall by 4% in first pricing window of July – IES

    Losses due to fraud in banking sector in 2021 up by 144%; hits GH¢61m – BoG report

    ASTM International pledges support for Ghana’s petroleum industry

    NIB MD laments cost of borrowing for private sector

    Finance professionals urged to develop strategies to boost ESG-driven business environment

    Gov’t likely to scrap E-Levy if its revenue stays low – Tax analyst

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    Financial transactions will be allowed even without Ghana card from 1st July – GAB assures

    Losses due to fraud in banking sector in 2021 up by 144%; hits GH¢61m – BoG report

    BoG, CSA deepen collaboration to fight cyber threats

    Dr. Bawumia unveils Ghana’s first Tier IV data centre

    ADB pioneers in global remittance services in Ghana [ARTICLE]

    Introduction of GhanaPay complements efforts to capture the unbanked into digital payments ecosystem – Veep

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    We’re not charging E-levy on merchant accounts – GRA

    Gov’t still plans on tabling a legislation to compel banks to lend to the Agric sector – Agric Minister

    AfCFTA Secretariat calls for accelerated dev’t for key infrastructure in Africa to boost trade

    Financial transactions will be allowed even without Ghana card from 1st July – GAB assures

    Enterprise Group PLC records 37% rise in revenue in 2021

    Prices of petrol, LPG to fall by 4% in first pricing window of July – IES

    Losses due to fraud in banking sector in 2021 up by 144%; hits GH¢61m – BoG report

    ASTM International pledges support for Ghana’s petroleum industry

    NIB MD laments cost of borrowing for private sector

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    Gov’t still plans on tabling a legislation to compel banks to lend to the Agric sector – Agric Minister

    Financial transactions will be allowed even without Ghana card from 1st July – GAB assures

    Enterprise Group PLC records 37% rise in revenue in 2021

    Prices of petrol, LPG to fall by 4% in first pricing window of July – IES

    Losses due to fraud in banking sector in 2021 up by 144%; hits GH¢61m – BoG report

    ASTM International pledges support for Ghana’s petroleum industry

    NIB MD laments cost of borrowing for private sector

    Finance professionals urged to develop strategies to boost ESG-driven business environment

    Gov’t likely to scrap E-Levy if its revenue stays low – Tax analyst

  • TECHNOLOGY

    Financial transactions will be allowed even without Ghana card from 1st July – GAB assures

    Losses due to fraud in banking sector in 2021 up by 144%; hits GH¢61m – BoG report

    BoG, CSA deepen collaboration to fight cyber threats

    Dr. Bawumia unveils Ghana’s first Tier IV data centre

    ADB pioneers in global remittance services in Ghana [ARTICLE]

    Introduction of GhanaPay complements efforts to capture the unbanked into digital payments ecosystem – Veep

    #CitiBusinessFestival: How the country can take advantage of the “Ghana Opportunity”

    Chamber of Telecommunications calls for more investment into Technology to improve livelihoods

    Citi Business Festival: Address lack of financial data challenges using MoMo – Rufai Abdul Majeed

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    Africa’s internet economy to cross $180 billion by 2025: Report

    Regional economic cooperation needed to enhance Africa’s competitiveness – Bawumia

    Ivory Coast is set to receive $26.1 billion worth of development finance from 4 lenders, the EU and France

    Gulf central banks, Bank of England raise policy rates after Fed hike

    US Fed meets inflation surge with 75bp hike

    As Nigeria’s inflation rate accelerates to 17.71%, the World Bank warns millions could face extreme poverty

    Modern airline tickets design with flight time and passenger name. Plane tickets vector pictogram. Airline boarding pass template. Vector illustration. The concept of air transportation

    Ticket prices to rise following B.A schedule change on Accra-London-Accra route

    Bawumia calls for more AfDB support as African economies battle global challenges

    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

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NDC will establish a Renewable Energy Authority if voted into power – John Jinapor

byMichael Ogbodu
November 12, 2020
in General, Local Economy, News, Top Stories
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The National Democratic Congress says it will establish a Renewable Energy Authority as part of its efforts towards achieving the country’s plan on green energy.

Speaking at the Energy Manifesto Dialogue organised by the Institute of Energy Security, former deputy Energy Minister, John Abu Jinapor said  the NDC’s plan of establishing a Renewable Energy Authority if voted into power come December 7, will help the country make significant strides in renewable energy.

He stated that, “On assumption of office the first thing we will do is to reform the sector. What we intend to do is to bring all thermal plants and have what we will call the Ghana Thermal Company so their focus will be on thermal energy. We also intend to have what we call a Volta lake/River Authority; we will bring Bui Dam, Akosombo dam and all the hydro dams into one company so they focus on the sector. But more importantly we will have what we will call the Renewable Energy Authority. Today the world is moving to renewables and for the first time since renewables started renewables seem to have increased compared to thermal energy.”

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Ghana has so far failed to meet its initial target of universal electricity access by 2020 and also failed to meet its 10 percent deployment of renewable energy by 2020 target.

But the National Democratic Congress says it is committed to making key advancement in the country’s renewable energy sector.

The Institute for Energy Security had earlier demanded a lot more commitment from the governing New Patriotic Party and the National Democratic Congress in the renewal energy sector.

Both parties had made provision for renewable energy in their respective manifestos but the energy think tank believes such promises are not enough.

The National Democratic Congress proposed to establish a Renewable Energy Commission (REC) to focus on advocacy for renewables howbeit without any timelines.

On the other hand, the New Patriotic Party seeks to increase portions of renewable energy in the national generation mix, but without any indication of how it plans to implement it.

As part of Government’s commitment to renewable energy, Parliament last week passed the Bui Power Authority (Amendment) Bill 2020.

The Act seeks to empower the Bui Power Authority to develop renewable energy and other clean energy alternatives in the country.

The Energy Manifesto Dialogue was organized by the Institute for Energy Security (IES) with the focus of bringing key political actors to engage with various stakeholders on their policies and plans for the energy sector especially as the country prepares for the December Presidential and Parliamentary elections.

 

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