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ECG receives GHc200m from PDS to service IPPs debt

The Electricity Company of Ghana (ECG) has confirmed receipt of GHc 200 million from the Power Distribution Service (PDS) Limited. This amount is to be used to defray part of the debt ECG owes independent power producers in the country. The payment comes after the Chamber of Independent Power Producers, …

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CalBank holds fire safety Drill for staff

As part of Cal Bank’s Business Continuity Program (BCP) and in fulfillment of regulatory and international safety requirements and standards on institutional preparedness and evacuation mechanisms for fire, the bank in collaboration with the Ghana National fire service has held a safety drill at its headquarters in Accra. As part …

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NPA reveals 15% growth in petroleum downstream for 2018

The petroleum downstream sector saw a 15% surge in consumptions of petroleum products during 2018 under review, the National Petroleum Authority (NPA) has revealed. The growth, according to the NPA, was as a result success chalked at curbing illicit fuel activities, supported by technology-based schemes and policy initiatives. The Chief …

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Digitisation of premix fuel distribution soon – VP Bawumia

The Vice President of the Republic, Dr Mahamudu Bawumia, has served notice that the digitisation agenda of President Nana Akufo-Addo will soon extend to the distribution of premix fuel in Ghana in order to increase efficiency of its delivery to fishermen. According to Vice President Bawumia, introducing digital technologies in …

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