BUSINESS NEWS

Minister of Energy, Dr Matthew Opoku Prempeh, has once again criticised former President John Mahama for the erratic power outages that occurred during his administration. He jokingly referred to the phenomenon at the time as ‘dum dum’, a play on the local term for power outages, known as ‘dumsor’. This …

The Electricity Company of Ghana (ECG) has attributed the power outages being experienced in parts of Accra to the flooding of seven substations after the rains on Wednesday, May 1, 2024.       ECG in a press release on Thursday, May 2, indicated that the substations which included Burma …

President Akufo-Addo has reaffirmed his commitment to ensure that Ghana does not experience persistent power challenges, commonly known as “dumsor,” during his presidency. Addressing this year’s national May Day celebrations in Accra, the President assured Ghanaians that all issues related to dumsor have been effectively addressed, and they can trust …

Ghanaian actress Yvonne Nelson is rallying citizens for a “DumsorMustStop” vigil, seeking to unite Ghanaians in addressing the nation’s persistent power outages. In a passionate plea on social media, Nelson calls for collective action and accountability from leaders to resolve the power crisis known as Dumsor. Reflecting on her advocacy …

The Ghana Union of Traders’ Associations (GUTA) has joined calls for the Electricity Company of Ghana (ECG) to release a load-shedding timetable, as the ongoing power interruptions are negatively affecting businesses and livelihoods across the country. In a statement, GUTA highlighted the significant impact of the power outages on various …

Maxwell Investment Group (MIG) hosted the second volume of its Business Forum at the British Council on April 25, 2024, drawing attention to the crucial importance of financial literacy and retirement planning. The event featured insightful discussions led by notable speakers, including Dr. Godfred Amewu, lecturer at the Department of …

The Ashanti Regional Minister, Simon Osei-Mensah, has rejected calls from the Electricity Company of Ghana (ECG) Workers’ Union to apologise for the arrest of one of their Managers. He defended his actions, stating that he had requested the Police to arrest the Ashanti East Manager of the ECG, Mark Wiafe …

The National Communications Authority (NCA) has approved Space X Starlink GH LTD, the operator of Starlink Satellite Broadband, to provide Satellite Broadband Services in the country. This is a significant development for Ghana’s telecommunications landscape. The NCA’s decision, communicated through an official statement, on April 25, marks a pivotal milestone …

Minister for Transport, Kwaku Ofori Asiamah, has said his outfit will meet with the Transport Operators Union and the Concerned Drivers Association of Ghana to find an amicable solution to the hike in transport fares in some parts of the country. According to him, it is important to reach a …

The Kumasi International Airport is on track to commence full operations by the end of June this year, following an official handover to the Ghana Airports Company Limited (GACL). The airport’s commissioning, scheduled for May ending, will facilitate testing essential for both domestic and international flights. With an estimated capacity …