News
Dumsor looms, Mahama’s govt must act swiftly – IES
The Institute for Energy Security (IES) has issued a dire warning about an impending power crisis, commonly referred to as ‘dumsor,’ urging the Mahama administration to take immediate action.
This follows concerns raised by John Abdulai Jinapor, Member of Parliament for Yapei Kusawgu, who cited a severe fuel shortage as the root cause of the looming crisis.
Speaking after the inauguration of President John Dramani Mahama in Accra on Tuesday, January 7, 2024, Jinapor revealed that Ghana’s current fuel stock is critically low, with only five hours of fuel supply remaining.
He criticized the outgoing administration for failing to secure sufficient fuel, leaving the incoming government in a vulnerable position.
Backing these claims, Nana Amoasi VII, Executive Director of the Institute for Energy Security (IES), highlighted the fragile state of Ghana’s power sector during an interview on Eyewitness News on Citi FM.
He attributed the crisis to systemic inefficiencies and poor planning, stressing the urgent need for reforms to prevent prolonged power outages.
The IES and other stakeholders are calling for decisive action to address the situation and stabilize the country’s power supply.
“It is not something that we were not expecting. Being watchers of the space, we knew very well that we had a very fragile power sector stemming from systemic inefficiencies, including poor planning,” Nana Amoasi VII stated.
He emphasised the reliance on natural gas and the lack of adequate backup or stock of liquid fuel, which has left the country exposed to potential power outages.
“Today we are more reliant on natural gas, but thank God almost all the plants that we have in Ghana, excluding the hydro ones and the solar, all of them can run on liquid fuel as well. But we knew that we don’t have any backup or any stock of liquid fuel in adequate form, so we knew that at a certain point in time we could be exposed,” he explained.
Nana Amoasi VII expressed disappointment that no procurement or lifting arrangements were made during the transition to ensure a seamless power supply.
“Unfortunately, we were expecting that as part of the transition arrangement, some form of procurement or lifting would have been made to ensure that there is no gap left within the space, but our checks indicate that we don’t have enough liquid fuel to give us that reliance and assurance that we won’t have any shock in power supply,” he added.
The IES Executive Director appealed to the current administration to take immediate action to address the looming crisis.
“So we will appeal to the men in charge today to get back to work and start work as soon as possible. Either than that, we are largely exposed,” he stated.
Source: citinewsroom.com
News
I funded Dr. Bawumia’s 2023 campaign in the Eastern Region– Bryan Acheampong
Flagbearer hopeful of the New Patriotic Party (NPP), Dr. Bryan Acheampong has alleged that he was the main financier of Dr. Mahamudu Bawumia’s campaign in the Eastern Region during the party’s 2023 presidential primaries.
Addressing party members, Dr. Acheampong claimed that Dr. Bawumia did not contribute financially to his campaign in the region.
He stated that he personally covered all expenses to secure support for Dr. Bawumia.
He further alleged that during the primaries, constituency executives each received $1,500, which he funded.
Dr. Acheampong recalled a conversation with former President John Agyekum Kufuor, who, according to him, acknowledged his significant financial contributions to the NPP’s victory in the 2016 elections.
He added that in the lead-up to the 2024 elections, he spent even more on Dr. Bawumia’s campaign than he did on former President Nana Addo Dankwa Akufo-Addo’s earlier campaigns.
According to him, he has already visited 14 regions, with the Eastern Region being the last, and will continue to share his message with party supporters.
By: Jacob Aggrey
News
32 brands win big at Ghana Corporate Brands Awards 2025
Thirty-two brands and corporate leaders have been honoured at the 2025 Ghana Corporate Brands Awards, held at the Mövenpick Ambassador Hotel in Accra.
The event, organised by Maven Communications, recognised outstanding companies and individuals who have excelled in their industries and contributed to Ghana’s economic development.
Winners were selected after a thorough evaluation of their corporate social responsibility, customer service, product quality, market influence, and brand communication strategies.
Among the awardees were Blow Group of Companies, Baobab Microfinance Limited, Hale Pharmacy, Moove Vehicle Ghana Limited, Indo-Ghana Industries, Samatex Timber and Plywood, Bel Aqua, B5 Plus, Sonotech Medical Center, Joy Industries, Letap Packaging, Reservoir Management Group, and Rehoboth Properties Limited. Ridge Medical Center, led by Dr. Emmanuel Gyimah Amankwa, won the prestigious Outstanding CEO of the Year award.
Other award winners included Coronation Insurance, Dank Natural Healthcare Complex, HR Certification Centre, Drill Masters Africa Limited, Servacco Legacy, Classic Cristken Limited, Village-Herbs Clinic, Manbah Gas Company Limited, and PrestoDea Ghana Limited, among others.
Event Director of the Awards, Seth Joojo Danso Asante, commended government for addressing the country’s power challenges, saying it had relieved businesses of a heavy cost burden.
He, however, appealed for urgent measures to stabilise the cedi, noting that its depreciation continues to hurt companies that rely on imports.
He explained that the awards were not only to celebrate excellence but also to highlight the role of essential service providers whose impact often goes unnoticed.
Mr. Asante called for stronger collaboration between government agencies and the private sector to drive national development.
The Municipal Chief Executive (MCE) of Ga West, Nii Sowah Nai, said the government’s proposed 24-hour economy would expand opportunities for businesses, create jobs, and support SMEs.
He revealed that the Assembly was developing a tax policy to encourage more businesses to embrace the initiative.
Senior Marketing Manager of Bel Aqua, Maxine Opoku Ababio, urged government to reduce import duties on essential raw materials to help ease the burden on manufacturers.
She also appealed for improved road infrastructure, stressing that poor roads delay distribution and increase operational costs.
“Improving the roads will help businesses run smoothly and contribute more to national development,” she said.
Background
Maven Communications, a leading corporate events and brand communications company, is the organising force behind some of Ghana’s most prestigious events, including the Ghana Business League Awards, Africa Best Business Awards, Corporate People’s Choice Awards, and the HR Summit and Awards.
Proceeds from its programmes support the Maven Foundation, which focuses on equipping students and young graduates with practical skills for future success.
By: Jacob Aggrey
