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    COCOBOD closes purchases for 2021/2022 main crop cocoa season

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    Ghana Life Insurance Ltd accused of employing delay tactics in payment of claims

    BoG urged African DFIs to enhance credit rating positions to boost investment

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

    Gold exports push Ghana’s trade surplus to $1.3 billion in April

    Value of MoMo transactions decrease by 3% between March and April 2022

    Inflation rate likely to drop to single digits in 2023 – Dr. Ernest Addison

    Monetary Policy Rate increased again by 200 basis points; now at 19%

    Government partners private companies to mine abandoned iron ore in Oti Region

    Manufacture of petroleum products push PPI to 31.2% in April

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

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    We’ll avert any looming food crisis with effective planning – AfDB Boss

    Standard of cars assembled in Ghana will not be compromised – GSA assures

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    Kyle Kelhofer appointed as IFC Senior Country Manager for Benin, Ghana, Liberia, Sierra Leone, and Togo

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    COCOBOD closes purchases for 2021/2022 main crop cocoa season

    Ghana Life Insurance Ltd accused of employing delay tactics in payment of claims

    BoG urged African DFIs to enhance credit rating positions to boost investment

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

    Gold exports push Ghana’s trade surplus to $1.3 billion in April

    Old Mutual celebrates 177th anniversary globally, 10 years in Ghana

    Gov’t expenditure needs to be checked to help deal with inflation – ICAG

    Take control of financing on the continent – Ofori-Atta to AfDB

    We’ll avert any looming food crisis with effective planning – AfDB Boss

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    Ghana Life Insurance Ltd accused of employing delay tactics in payment of claims

    BoG urged African DFIs to enhance credit rating positions to boost investment

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

    Gold exports push Ghana’s trade surplus to $1.3 billion in April

    Value of MoMo transactions decrease by 3% between March and April 2022

    Inflation rate likely to drop to single digits in 2023 – Dr. Ernest Addison

    Monetary Policy Rate increased again by 200 basis points; now at 19%

    Government partners private companies to mine abandoned iron ore in Oti Region

    Manufacture of petroleum products push PPI to 31.2% in April

  • TECHNOLOGY

    Government to invest heavily in internet safety – Ursula pledges

    Ho Node Hub rebrands as Node Eight

    Elon Musk strikes deal to buy Twitter for $44bn

    Block chain’s success will depend on supportive policy environment – Prof. Quaynor

    1.5% E-Levy rate will negatively impact GH¢6.9 billion target – Prof. Quartey

    Transactions to be affected by E-levy

    Bethniel Finance emerges winner in Innovation Challenge Program

    Taxing of non-resident e-commerce entities in Ghana could push prices up – Technology Consultant

    BoG cautions against fraudulent money-doubling scheme ‘BitCash Currency Exchange’

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

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    We’ll avert any looming food crisis with effective planning – AfDB Boss

    Standard of cars assembled in Ghana will not be compromised – GSA assures

    GUTA urges gov’t to get other countries to open their borders to facilitate trade

    Kyle Kelhofer appointed as IFC Senior Country Manager for Benin, Ghana, Liberia, Sierra Leone, and Togo

    Greater, more diverse participation in global trade is key to achieving Africa’s economic transformation – World Bank

    Seth Terkper advises against e-levy; urges government to run to IMF

    AfCFTA members conclude negotiations on rules of origin to enhance free trade

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Expect intermittent power outages as we fix power system – GRIDCo

byBobbie Osei
March 15, 2021
in General, Local Economy, News, Top Stories
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The Ghana Grid Company Limited (GRIDCo) says consumers of power should expect some intermittent power outages in the coming months.

This is due to ongoing projects on the Pokuase and Kasoa substations and other transmission line works across the country.

These works are expected to ultimately fix certain incidental problems in the power system to ensure reliable power supply across the country.

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The information was contained in an opinion editorial penned by the Chief Executive of GRIDCo, Jonathan Amoako-Baah.

This follows the total system shutdown and total power outage experienced nationwide on Sunday, March 7, 2021, which has led to many calling for a full-scale investigation.

GRIDCo, ECG and NEDCo have meanwhile communicated that they are investigating the problem which was a result of a fault on a major transmission line between Prestea and Obuasi.

In giving further insight into the events of March 7, 2021, while highlighting steps being taken to ensure the experience doesn’t occur again, the Chief Executive of GRIDCo stated emphatically that “Dumsor” is not coming back, as all key participants in the value chain are working hard, in an effort to maintain stability, accessibility, consistency and reliability of power supply at all times.

Currently, according to Mr. Amoako-Baah, Ghana’s system peak demand is close to 3,200MW with an installed capacity of 5,300MW, and with multiple works being undertaken across the value chain, power delivery to different parts of the country will be greatly enhanced.

The editorial goes on to further add that GRIDCo and ECG, in partnership with the firms working on the key projects, will in the weeks to follow, adequately inform the public on the outage plans required for completion of the respective works in good time.

Click here to read the full piece

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