Tag: institute for energy security
Oil Marketing Companies in Ghana have begun applying the revised energy sector levies which has seen an upward adjustment in both diesel and fuel prices. The move follows a directive from Ghana’s National Petroleum Authority (NPA). To discuss this story and its impact, Paa Kwasi Anamua Sakyi, Executive Director at the Institute for Energy Security joins CNBC Africa for more.
Ghana’s Finance Minister Ken Ofori-Atta has declared a state of emergency in the country’s energy sector, stressing that the sector is facing serious challenges. Ofori-Atta noted that at the heart of the challenges is the take-or-pay contract signed by the National Democratic Congress (NDC). Paa Kwasi Anamua Sakyi, Executive Director of Institute for Energy Security joins CNBC Africa for more.