Category: FEATURES
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Paa Kwasi Anamua Sakyi writes: Women in energy; closing the inequality gap
The issue of inequality at the workplace have been discussed extensively by many authors. But one sector in which women’s participation is below that of the broader economy, is the energy sector. Despite making up 48 percent of the global labour force, women only account for 22 percent of the labour force in the oil…
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David Pilling writes: Why we should be selfish and provide Africa debt relief
African governments are asking for a debt standstill in the face of coronavirus. The poorest countries want substantial portions of their borrowing to be wiped clean. Critics will cry “moral hazard” and point out that we have been here before. From 1996, when a big debt relief campaign was launched by the World Bank and…
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Ken Ofori-Atta writes: ‘What does an African finance minister do now?’
It’s 5:00am and I stir. My stomach feels cramped. I have slept no more than four hours. My mind races. The problems cascade through. I hear the birds and do my meditation. My wife Angie and I are in the middle of an Easter study on the Book of Daniel, and I can’t help but…
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Anamua Sakyi writes: To spend the Ghana Heritage Fund now, or not to; multiple thoughts
In politics, academia and social circles, the debate on the utilization of the Ghana Heritage Fund (GHF) now have taking center stage over the past few years. The debate is often stoked by governments’ decision to amend the law to allow for the usage of the fund, other than what was originally intended. It first…
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Anamua Sakyi writes: The oil market must brace for another price plunge, if…..
The oil and gas industry appeared to have weathered the storm of the 2015 price collapse and had responded with considerable accomplishments. By November 2017, domestic crude oil production reached its highest level in U.S. history. International trade in crude oil and petroleum products was booming with exports of 6.6 million and imports of 10.3…
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Anamua Sakyi writes: Low prices induces cut-backs within the oil and gas sector
Brent crude is now trading below the US$30 per barrel mark compared to US$68.60 trading price recorded on January 03, on fears the deadly Covid-19 will push the world into recession with an oversupply of the commodity. Oil prices fell heavily at the open in Asia on Monday 23, 2020 after a trillion-dollar Senate proposal…
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Anamua Sakyi writes: Analyzing the impact of low oil price on Ghana’s oil production growth
Oil as a lucrative commodity, has empowered many countries that produce it for export, in terms of improving the lives of the populace and increasing their political power among other nations (Abubakar et al. 2016; Akakpo, 2015). A 2007 report by the United Nations Conference on Trade and Development (UNCTAD), suggest that extractive activities (including…
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![Economic policies for Coronavirus: Saving lives, safeguarding livelihoods [Article]](https://citibusinessnews.com/wp-content/uploads/2020/03/GSB-B-fast.jpg)
Economic policies for Coronavirus: Saving lives, safeguarding livelihoods [Article]
The impact of the coronavirus (COVID-19) pandemic is unprecedented in the modern era. Equally unprecedented is the escalation of the response around the world. Even for countries without an outbreak, spillovers from the global pandemic and social distancing measures locally would likely deal a severe blow to economic activity this year. Social distancing and containment…
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Anamua Sakyi writes: Absolutely nothing wrong with ‘Take-or-Pay’ power purchase agreements
In recent times, there has been a strong debate on factors necessitating Ghana’s rising energy sector debt. One of such factors as mentioned, is the “take-or-Pay” (ToP) clause in the Power Purchase Agreements (PPAs) between the Government of Ghana (GoG) and Independent Power Producers (IPPs). GoG as the buyer of the power produced by the…
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Customer Development – a Founder Institute Mentoring Session notes, for start-ups.
A few weeks ago, I had the opportunity to be part of a mentoring session with a Founder Institute cohort at the Stanbic Bank Incubator in Accra. It was good, very good. Joining us were Foster Awintiti Akugri, the Stanbic Bank Incubator Manager & Founder of Hacklab Foundation, and Kamil Nabong, the CEO at Hub…