Energy crisis costs Blue Skies $330,000 in 2015

The fruit juice producer, Blue Skies, has already spent $330,000 in 2015 on electricity generation to keep production steady amidst Ghana’s energy crisis. The harrowing revelation was contained in the speech of World Bank President Dr…

GRIDCo records GH¢41.5m net loss

The Chief Executive of Ghana Grid Company Limited (GRIDCo), Mr William Amuna, has said significant cash flow challenges in 2014 saw the company record a net loss of GH¢41.5 million. The cash flow challenges arose mainly because of the…

Ghana reduces poverty to 21.4% – World Bank

The World Bank Group says strong economic growth in Ghana within the past two decades has helped cut the poverty rate in half, from 52.6 per cent to 21.4 per cent between 1991 and 2012. Ghana’s poverty rate in 2012 was less than half the…