Debt
ECG to start extensive disconnection exercise over GHc5bn debt
The Electricity Company of Ghana will begin a large-scale disconnection exercise on Monday, March 20, in order to generate revenue. Mr. Samuel Dubik Mahama Esq., Managing Director, stated that the company is owed more than GHS 5 billion from September 2022 to February 2023. The majority of this debt is held by SOEs and MDAs. This exercise stems from the numerous institutions that owe the energy company, This will be the fate of many other Ministries, Departments, and Agencies (MDAs) and State Ow...[Read More]
GBC to clear GH¢6.1 million debt owed ECG
The management of the Ghana Broadcasting Corporation GBC says it is working to clear debts owed to the Electricity Company of Ghana (ECG), which resulted in the company’s power is disconnected. The state broadcaster’s head office and transmission station were disconnected from the national grid within a week due to an unpaid bill debt of 8 million cedis. Acting Director of TV and Marketing George Lomotey assured the media that the company would pay its bills. “There is no probl...[Read More]
