No Bonuses For Banks Staff As Mounting Debts Trigger Write-Offs
Staff of universal banks will be denied their bonuses this year as rising Non- performing loans in the sector crossed ...
Tag: Volta River Authority
There’ll Be Stable Power During Election Period — ECG Assures
The Electricity Company of Ghana (ECG) has rolled out a contingency plan to ensure stable supply of power during the ...
Ghana Signs 40.82 Million Euro 12MW Solar Plant Deal
The Ministry of Finance has signed a three loan agreement with the German government for 40.82 million euros (approximately 176 ...
Rejection of US$1.5 Billion Coal Power Plant Is Best
The Volta River Authority (VRA) in collaboration with a Chinese company, Shenzhen Energy Group Company Limited (SEC) is preparing to ...
Banks Receive 2nd Payment of VRA ‘legacy Debt’
19 banks owed under the ‘legacy debt’ received second payment in the first quarter of September. This was part of ...
Bankers Optimistic of Drop In NPLs By End of 2016
The impact of the high Non-Performing Loans (NPLs) on the books of commercial banks is set to reduce by the ...
Non-Performing Loans Hit GHC6.1 Billion
The latest Bank of Ghana (BoG) Financial Stability, report covering operations of bank’s for the first seven months of this ...
Banks Crave More Loan Restructuring Deals
Government’s decision to restructure Volta River Authority’s (VRA) debts has been well received by banks in the country which are ...
Govt Makes Second Payment On Legacy Debt
The President of the Ghana Bankers Association, Alhassan Andani has stated that banks that were owed by government under the ...
105 PPP Errors Clear Indication of EC’s Sloppiness
Policy Analyst, Dr. Charles Wereko-Brobby, has described the Electoral Commission’s discovery of additional errors on the nomination forms of the ...
Wereko-Brobby Slams EC Over 105 PPP Errors
Policy Analyst, Dr. Charles Wereko-Brobby, has described the Electoral Commission’s discovery of additional errors on the nomination forms of the ...
Mahama Has Banished ‘Dumsor’- Kofi Adams
The country’s energy challenges are over courtesy President John Dramani Mahama according to his Campaign Coordinator Kofi Adams. On Abusua ...
Energy Sector Outlook For 2017 Uncertain
The African Centre for Energy Policy (ACEP) says that the energy sector outlook for 2017 presents significant levels of uncertainty, ...
Tullow Reduces Supply To Ghana Gas
Tullow Ghana Limited has announced the reduction of gas supply from the FPSO Kwame Nkrumah. A statement issued by Ghana ...
Ghana Shelves Proposed Coal Power Plant
The government of Ghana has rejected the proposed $1.5 billion coal project to be established in the Ekumfi Aboano District ...
Ghana’s Energy Situation Could Worsen
Former Volta River Authority (VRA) Chief Executive, Kweku Awotwi has expressed worry over debts owed power producers and fuel suppliers like the ...
WAPCo Chases Dangote Gas
Officials of the West African Gas Pipeline Company (WAPCo) are in talks with Dangote Refinery to buy gas to bridge ...
Ghana Still Imports Power
The relatively cheaper cost of electricity from Côte d'Ivoire is the reason Ghana continues to import power from that country, ...
My 170 Economic Claims Yet To Be Challenged
New Patriotic Party (NPP) Vice-Presidential candidate Dr Mahamudu Bawumia has once again demanded that government responds to his 170 economic claims contained in ...
Water Flows Into Akosombo Dam
The water level in the Akosombo hydro plant is gradually picking up. Water from the upper parts and middle belts ...