Newsfile to tackle Akosombo fire and BoG’s GH¢15.6bn loss

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JoyNews’ Newsfile this Saturday will tackle two major national issues shaping Ghana’s economy and infrastructure.

First, the news analysis programme will examine the recent fire outbreak at the Ghana Grid Company Limited substation near Akosombo, which triggered widespread power outages across the country.

The incident resulted in a significant loss of electricity supply from the Akosombo hydro system, affecting households, businesses, and industry nationwide. Emergency response teams from GRIDCo, the Volta River Authority, and other power sector agencies worked to restore supply in phases by rerouting electricity and repairing damaged systems.

Partial restoration began within days, with several generating units brought back online to ease pressure on the national grid. By April 29, a significant portion of lost capacity had been restored.

Full restoration was achieved by May 1, 2026, when authorities confirmed that all generating units at Akosombo were back in operation and national power supply had stabilised.

Investigations into the cause of the fire are ongoing, while long-term repairs to the damaged substation are expected to continue over the coming months.

Despite the disruption, officials say the rapid recovery demonstrated improved coordination and resilience within Ghana’s power sector.

This issue has sparked debate over whether the incident exposes systemic weaknesses in Ghana’s energy sector or was simply an isolated accident. The discussion will focus on what caused the disruption, the response, and what it means for Ghana’s energy resilience going forward.

The second major issue on the table will be the Bank of Ghana’s GH¢15.6 billion loss for 2025, which has sparked widespread debate.

The loss, significantly higher than the previous year, has been attributed to aggressive inflation control measures, foreign exchange revaluation losses, and accounting pressures linked to gold and reserve management. While some experts describe it as a “necessary cost” of stabilising the economy, others are raising concerns about sustainability and the impact on the central bank’s balance sheet.

Newsfile will break down the facts, interrogate the policy decisions behind both developments, and explore their implications for Ghana’s economic stability and future planning.

Join host Samson Lardy Anyenini this Saturday at 8 a.m. on JoyNews (DSTV channel 421 and GoTV channel 144), or stream live on JoyNews’ Facebook and YouTube channels, as well as MyJoyOnline, for a rigorous, solutions-focused national conversation.

Listeners can also tune in on Joy 99.7 FM or Luv 99.5 FM, or follow the discussion via Google or Apple Podcasts.

Newsfile is your most authoritative news analysis programme.

If it’s Saturday… It’s Newsfile.

DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.

DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.



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