NEWS

PURC orders ECG to compensate affected customers

The Electricity Company of Ghana (ECG) has been ordered by the Public Utilities Regulatory Commission (PURC) to compensate its consumers who have been harmed by the ongoing problems with the prepaid vending system. The directive is “in line with the law and a demonstration of exemplary customer service,” according to …

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Moody’s downgrades Ghana’s rating from Caa1 to Caa2

Ghana’s long-term issuer and senior unsecured debt ratings have been lowered by the rating agency Moody’s from Caa1 to Caa2, and the ratings have been put under review for a possible downgrade. Ghana was downgraded by Moody’s in February of this year from B3 to Caa1. The rating agency asserts …

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End ECG’s power supply monopoly – Dennis Miracles

Dennis Miracles Aboagye, a member of the New Patriotic Party’s (NPP) communications team, believes that the nation’s electrical grid should be decentralized. He emphasized that the Electricity Company of Ghana’s (ECG) monopoly in the power sector should be broken up since it is not beneficial for ECG to have complete …

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100,000 graduates to start National Service in November

Beginning on November 1, 2022, about 100,000 graduates will perform their required one-year national service. In an endeavor to increase internal revenue and achieve self-sufficiency, the National Service Scheme (NSS) management will post around 20,000 of the total to the private sector. Osei Assibey Antwi, the NSS’s Executive Director, who …

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