The World Bank’s Board of Directors on Thursday, July 30 approved a record investment of $700 million in guarantees for Ghana’s Sankofa Gas Project - a transformational project that will help address the country’s serious energy shortages by developing new sources of clean and affordable natural gas for domestic power generation.

The Public Utilities Regulatory Commission (PURC), has ordered the Ghana Grid Company (GRIDCo), to defer its "planned maintenance exercise on the transmission network, aimed at replacing obsolete components.

Shell to cut 6,500 jobs

Thursday, 30 July 2015 10:30

Oil giant Royal Dutch Shell has announced it is to shed 6,500 jobs as part of cost-cutting plans as it seeks to counter falling oil prices.

Producer price inflation for June was 23.1 per cent. This represents a 4.3 percent increase over may figures of 18.8 per cent.

Vodafone Ghana has launched an online ‘Live Chat’ and ‘Support Centre’ to enhance its range of customer care channels that offer timely and convenient response to customers’ queries.

The Public Utilities Regulatory Commission (PURC) is studying a statement issued by power-production company Ghana Grid Company Limited (GRIDCo) that it will embark on a 12-month project to replace over-aged equipment at some of its substations dotted across the country, an official of the commission has told TV3.

The Ghana Grid Company Limited (GRIDCo) has announced interruptions in power supply from now till July, 2016, when it expects to complete replacement of “over-aged equipment at its major substations across the country”.

Public institutions owe the Ghana Water Company close to 220 million cedis despite a government directive to them to  pay their outstanding utility bills from their budgetary allocation.

Government  is set to raise another 1.5 billion dollar  Eurobond on the international  market this September.

Vodafone Ghana is consolidating its leadership in the 'Machine-2-Machine' technology space in Ghana.

GNPC searches for more oil fields

Monday, 27 July 2015 11:01

The Ghana National Petroleum Corporation (GNPC) has stepped up the search for more oilfields as it begins work on the Voltaian Basin Project.

Though mechanically complete, the Kpone Thermal Plant is yet to start full operation as a result of defects in some key components noticed during pre-commissioning.