Business in Ghana

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Archive for December 6th, 2015

Powa Barging. Critical News, 6th December 2015

Posted by Business in Ghana on December 6, 2015

Sydney Casely-Hayford, sydney@bizghana.com

OMG! Twenty-five days (25) only left to the end of ‘Dumsor”. And in case Dr. Kwabena Donkor has any other interpretations, let’s make it clear to him that we the people of this country are not fools. We know exactly what is the difference between “load shedding” and “dum sor”. Load means “dum”, shed means “sor”. They are one and the same thing. We are not going to allow these infantile lies to change the goal post to end this ineptitude of managing power and electricity.

GNPC has too much money on its hands and have become a conduit for Government to redirect funds a it needs. Every year, GNPC receives money from the petroleum funds. So far this year they have received $98 million. It’s a lot of money to manage as a company, but with clear mandates to deliver we should expect plenty. But GNPC is not a transparent company. I have not seen a copy of their financials yet, neither have I heard anyone discuss whether they are meeting their targets and obligations to the people of Ghana. Instead I hear lots of comments about ex-gratia meant for persons who left the company or were sacked years ago.

I just got word that Tsatsu Tsikata has sued MP for Adansi Asokwa, Mr. KT Hammond in the High Court for unsavory statements. I am looking forward to 2016. Tsatsu was appointed Energy Advisor to JJ in December 2000, succeeded by Nana Asafu-Adjaye and gave up this position immediately after the NPP came to power in 2001. His entitlements, ex-gratia etc. should not be an issue today. We live in interesting times. Read the rest of this entry »

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