US Govt Pleased With ECG ‘privatization’ Processes So Far – Ambassador

The US Government has told Citi Business News everything is on track for the private sector participation in the Electricity Company of Ghana (ECG) under the Power Compact II agreement. Currently, the six shortlisted companies are evaluating the assets of the ECG to guide further decision making on the move. Ghana is in an agreement with the … Read more

ECG Concession Will Protect Workers For 5 Years

The Millennium Development Authority (MiDA) has insisted that the concession of the Electricity Company of Ghana (ECG) under the Power Compact II will not lead to a retrenchment exercise. According to MiDA, the agreement has a clause that bars the concessionaire from undertaking a retrenchment exercise in the next five years. The Public Utility Workers … Read more