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    Assistant Director, Fintech and Innovation, BoG, Clarence Blay

    E-cedi will not affect MoMo business – Bank of Ghana

    Coronation Insurance launches marine insurance e-portal for importers

    Bank of Ghana to widen its scope on cryptocurrency

    Importers, Exporters Association calls for sympathy for Labianca following corruption claims

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    Assistant Director, Fintech and Innovation, BoG, Clarence Blay

    E-cedi will not affect MoMo business – Bank of Ghana

    Farmers worried about possible unfair distribution of MoFA machines

    Coronation Insurance launches marine insurance e-portal for importers

    Bank of Ghana to widen its scope on cryptocurrency

    Importers, Exporters Association calls for sympathy for Labianca following corruption claims

    Our cars to sell for cheaper soon- locally assembled automobile companies

    BoG Deputy Governor chairs advisory board of UG’s College of Humanities

    Ghana’s inflation rate rises again; hits 31.7% in July 2022

    Fitch downgrades Ghana’s credit rating from B- to CCC

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    Assistant Director, Fintech and Innovation, BoG, Clarence Blay

    E-cedi will not affect MoMo business – Bank of Ghana

    Coronation Insurance launches marine insurance e-portal for importers

    Bank of Ghana to widen its scope on cryptocurrency

    Importers, Exporters Association calls for sympathy for Labianca following corruption claims

    BoG Deputy Governor chairs advisory board of UG’s College of Humanities

    GEXIM CEO is one of Ghana’s 100 most influential business leaders

    Zenith Bank Ghana wins premium quality West African banking brand of the year 2021

    GIPC and GSE sign MoU to attract more investment into Ghana

    Appolonia City unveils its first commercial building; Adumuah Place

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    We’re ready to re-engage gov’t on acquisition of Vodafone shares – Telecel

    New deadline for SIM re-registration too short – MoMo agents association

    Extend SIM card re-registration exercise to January 2023 – MoMo agents

    Vodafone agrees sell stake in Ghana’s business to Telecel

    Telecoms Chamber and IIPGH advocate sustained coding education

    IIPGH to enter coding education partnership with Telecoms Chamber

    PayAngel joins Microsoft for Startups Founders Hub

    Node 8, HTU hold first edition of Node X in Ho

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

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    Agribusiness entrepreneurs must take advantage of AfCFTA – ADB MD.

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    African countries that could follow Sri Lanka into economic chaos

    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

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GRIDCo must release loading-shedding timetable – Energy Consultant

byMichael Ogbodu
April 13, 2021
in News, Top Stories
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Despite the power outages associated with the Ghana Grid Company’s system upgrade, energy consultant, Dr Sulemana Yussif, believes the exercise is necessary to prevent a total collapse of the country’s power system.

GRIDCo had earlier announced it is undertaking some upgrades which will lead to power outages till September when the process will be completed.

Dr Suleman believes the system upgrade is timely adding that a timetable for the power outages ought to be released soon to enable businesses plan their activities.

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“Clearly, if you look at the statements being put out by the leadership of GRIDCo, it is all pointing to the fact that their system is weak. Their system is no more resilient, their system is not robust and that is why they need to do the upgrades. If that is the case, then I think that it is the right way to go. The only missing link is the kind of communication that is ongoing because the affected parties and other stakeholders are clamouring for a release of a kind of timetable in this process whilst GRIDCo is also saying that there isn’t any need to release any timetable.”

“So I think what needs to be done is for GRIDCo to inform the stakeholders about whatever their plans are,” he added.

The Energy Minister, Matthew Opoku Prempeh had justified the need for the planned system upgrade and maintenance works by GRIDCo.

According to him, the exercise is a necessary evil to prevent widespread outages.

Power outages have heightened in the country since February 2021.

But according to the Energy Minister, such occurrences will become a thing of the past once the system upgrade is completed.

The Chamber of Independent Power Producers had earlier urged the government to come out with a timetable for the imminent power outages the country is currently experiencing.

According to the Chamber, the present power challenge is disturbing and therefore a schedule will enable consumers to be able to plan properly.

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