Business Times Africa Magazine 2017 /vol 9/ No2 BT2Edition2017_web | Page 44

GHANA
To stabilise Ghana power,
the answer is simple: money
T
o produce power, one needs
huge capital investments.
Inadequate investment in the
power sector over the years, is the
bane of Ghana’s energy sector.
For decades, the energy sector
has been riddled with numerous
challenges; among them is efficiency,
corruption, and mismanagement.
But the biggest is money. Should
the nation get the required financial
investment and revenue collection
42 Business Times Africa | 2017
FOR DECADES, THE
ENERGY SECTOR
HAS BEEN RIDDLED
WITH NUMEROUS
CHALLENGES
is streamlined, the perennial issue of
power rationing, otherwise known as
‘dumsor’ in Ghana will be solved.
Many analysts, policy makers,
politicians and other stakeholders
have agreed that with the right
financial investment, Ghana’s energy
solutions will be second to none
around the world and the subject of
exporting energy or power will not be
a myth but reality.
The main power distributor, the