The government is taking steps to convert the status of the Tema
Development Corporation (TDC) to a limited liability company to empower
it to operate anywhere in the country to help bring sanity in the
country’s development schemes.
The Minister of Water Resources, Works
and Housing, Alhaji Collins Dauda, made this disclosure at the
corporation’s third Annual General and Stakeholders Meeting (AGM) at
He commended the corporation for its effort in meeting the economic
challenges in the industry and added that: “you need to be commended for
The TDC declared a profit of GH¢10.6 million as at the end of December
2012, as against GH¢4.3 million profit in 2011. The corporation also
generated gross income of Gh¢28.9 million in 2012, representing an
increase of 82.9 per cent above GH¢15.8 million in 2011.
Alhaji Dauda urged the Tema TDC to use all legal means available to
ensure that people comply with the payment of fees associated with plot
The Technical Working Group (TWG) on Utility Tariffs has stated that a
50 per cent increase in the price of electricity is not sustainable.
This is because the revenue that will accrue from that increase will not be able to cover the production and transmission cost.
The analysis made by the TWG indicated that in order to cover at a
minimum the cost of generation and transmission, tariff adjustments
above 60 per cent might be necessary, taking into consideration the need
to minimise the negative budget implication.
The recommendations were contained in an interim report that the TWG presented to the government yesterday.
The Chairman of the TWG, Dr Joe Abbey, presented the report to the
Chief of Staff, Mr Prosper Douglas Bani, at the Flagstaff House.
Present at the presentation was the Minister of Finance, Mr Seth Terkper.
The TWG was constituted by the Vice-President, Mr Kwesi Bekoe
Amissah-Arthur, following the increases in utility tariffs by the Public
Ghana's energy crisis will be over if government can fund it with US$4
billion, the Technical Working Group set up by government has said.
The astronomical figure will permanently erase the cyclical crisis that
has plagued the country for decades, the group said, adding that a
bonus benefit of solving the power crisis was that it will naturally
help solve another perennial utility problem - water.
A technical committee was set up by President John Dramani Mahama in
reaction to strong public opposition to "steep" increase in electricity
and water tariffs by 78% and 52% respectively.
The Committee was composed of representatives from Ghana Employers
Association, Association of Ghana Industries and Private Enterprise
Federation as well as the Utility Companies including Volta River
Authority, Electricity Company of Ghana, Ghana Grid Company Limited and
Bui Power Authority, Public Utilities Regulatory Commission among
The Ghana Poultry Farmers Association has appealed to the government to
expedite action on a proposal which seeks to introduce eggs to the daily
meals of school children under the School Feeding Programme.
Mr. Stephen Owusu, Brong Ahafo regional chairman of the association,
repeated the call at a durbar of chiefs and people of Asunsu No.1 in the
Dormaa Municipality of the Brong Ahafo Region. The gathering was part
of a nationwide advocacy campaign to highlight the potential of adding
eggs to the feeding programme.
Government in collaboration with the Dutch government in 2005 initiated
the Ghana School Feeding Programme (GSFP). Its stated long-term goal is
to contribute to reducing poverty and enhancing food security in Ghana.
It also seeks to achieve the objectives of boosting domestic food
production, increasing school enrolment, attendance and retention among
kindergarten and primary school children, and reducing hunger and
malnutrition, thus contributing to the achie…