ECG privatisation: Gov’t to select transaction advisor this month

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• Paapidi 10 years ago

  How can you reveal or publish as news item if it was really classified? I do not know about Ghana laws on government's classified data but in the civilized world you will be in big trouble in this regard. Or maybe, they just ...
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  How can you reveal or publish as news item if it was really classified? I do not know about Ghana laws on government's classified data but in the civilized world you will be in big trouble in this regard. Or maybe, they just use the term "classified" loosely in Ghana.

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• The mask 10 years ago

  I am against privatization. We must not sacrifice short term for our long term prosperity.
  
  Privatization would have a negative effect on the macroeconomy.

  I am against privatization. We must not sacrifice short term for our long term prosperity.
  
  Privatization would have a negative effect on the macroeconomy.

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• Kwabena Yeboah 10 years ago

  There are certain public good we not allow the government to privatize because it is not good for economic growth. Electricity is one, water and our hospitals should not be privatized. There are some fools in the country who ...
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  There are certain public good we not allow the government to privatize because it is not good for economic growth. Electricity is one, water and our hospitals should not be privatized. There are some fools in the country who thing every state owned corporation that does not perform should be privatized. This is crass ignorance and buffoonery.
  
  Our stupid governments are selling everything we own. Rawlings sold over 300 state owned corporations cheap because he claims they were under performing. Kufuor sold Ashanti Goldfields Ltd. the best ever Ghanaian company that was listed on New York and London exchanges. He also sold Ghana Telecom, and Ghana Airways - he claims they were under performing. And now this buffoon in power, Mahama is selling ECG. Why they sell the whole country to the Dutch or the British?
  
  If these foolish nuthead politicians can hire a foreign coach for Ghana black stars and the stars can perform, then why can't they hire a foreign MD; someone with experience in managing power corporations to come and manage Ghana's ECG? Why are they not selling the Black Stars, but they are selling ECG? Unless Africans learn how to think, we are doomed for ever.

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• Say the TRUTH 10 years ago

  I CAN CONFIDENTLY SO NO FOREIGN PRIVATE PARTNER WILL TOUCH ECG AT ITS STAGE AND CURRENTLY UNDER GOVERNMENT OF GHANA'S "ENERGY PRICE SUBSIDY TO CONSUMERS WITH NO PAYMENTS MADE TO ECG FOR THE SUBSIDY" THEREBY MAKING ECG UNPROFI ...
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  I CAN CONFIDENTLY SO NO FOREIGN PRIVATE PARTNER WILL TOUCH ECG AT ITS STAGE AND CURRENTLY UNDER GOVERNMENT OF GHANA'S "ENERGY PRICE SUBSIDY TO CONSUMERS WITH NO PAYMENTS MADE TO ECG FOR THE SUBSIDY" THEREBY MAKING ECG UNPROFITABLE THAT CANNOT MEET IT COST OR BREAK-EVEN.
  
  ANY PRIVATE INVESTMENT WILL SEE TO IT THAT THE REGIME OF SUBSIDY WITH NO PAYMENT TO THE PRODUCERS/DISTRIBUTORS BY THE GOVERNMENT OF GHANA IS DONE WITH. OTHERWISE THEY WILL NOT BE ABLE TO COLLECT THE NEEDED REVENUE TO EVEN BREAKEVEN IF THE MAJOR CONSUMERS ARE GOVERNMENT INSTITUTIONS THAT DON'T PAY THEIR ENERGY BILLS OWING!!!!

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• Tamaren 10 years ago

  Privatization is good move because government can not continue to supplier or retailer of utilities it is just not feasible just from America or other developed nations government floats it just as JJ did for mobile companie ...
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  Privatization is good move because government can not continue to supplier or retailer of utilities it is just not feasible just from America or other developed nations government floats it just as JJ did for mobile companies just allow several companies to come in and where there is competition the consumer wins.The government regulates and collects taxes and makes sure you follow the laid down rules set by parliament just as they did with mobile phone comes and internet.I do not even remember how many times I have changed my water and electric suppliers and I can not count how many times I get calls from various electric companies asking me to switch to them.That is how privatization helps with competition because no investor wants to go out of business.

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• Kwame Birmingham 10 years ago

  Privatization is even better. That thing called ecg is a waste. I'm wondering who on mother earth would want to buy or put their money into it

  Privatization is even better. That thing called ecg is a waste. I'm wondering who on mother earth would want to buy or put their money into it

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• Sebastian 10 years ago

  ooh I see ,its cos the government want to privatised ECG that's why he is punishing consumers ,shame,if the previous Government without Bui could give us better service done this then its deliberate attempt to make us believ ...
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  ooh I see ,its cos the government want to privatised ECG that's why he is punishing consumers ,shame,if the previous Government without Bui could give us better service done this then its deliberate attempt to make us believe privatisation is the solution.

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• Robert Ankrah 10 years ago

  God go punish you all for treating ghanains as slaves

  God go punish you all for treating ghanains as slaves

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• Kwabena Yeboah 10 years ago

  Why can't the black man do anything right? Are we so stupid and dumb that we are selling our veritable institutions block by block without caring about the implication our diabolical acts?
  
  Electricity is like air and water ...
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  Why can't the black man do anything right? Are we so stupid and dumb that we are selling our veritable institutions block by block without caring about the implication our diabolical acts?
  
  Electricity is like air and water, it is so vital to our basic existence and development, and the stupid and callous black man wants to privatize this? Electricity is a public good and any fool who attempts to privatize must be beheaded. When will this buffoonery of the black man stop?
  
  We black people have not put an end to our diabolical ways after centuries. First of all, we fought among ourselves and captured our own people and sold them into slavery - the only race in the world that captured their own people and sold them for stupid things like mirror, liquor, gun powder and other useless things. Then we gained independence in 1957, thanks to Nkrumah. One would think after independence the black man is capable to govern himself and takeover his own destiny. No, the plunder continues with Rawlings selling off everything Nkrumah built to foreigners - about 300 state owned corporations were sold to Lebanese, Syrians, Indians, you name it. This idiot sold these corporations at the time his government has devalued the cedi down to nothing? The sad part of this pillaging is that the stupid Rawlings made sure that companies like GIHOC and other important state owned corporation were split into pieces and sold to these foreigners exclusively.
  
  Then the thief Kufuor and his NPP came to power and made sure that they finished pillaging Rawlings and his PNDC/NDC have started. Kufuor sold the most important treasure in our land, Ashanti Goldfields Ltd. Anglogold. He literally gave it away for nothing and went on to have a lavish party at Buckingham Palace with the Queen. All our rich gold lands - Obuasi, Prestea, and others are leased out to Anglogold for 55 years as part of the sale. How devious can a black man be.
  
  Now they want to sell our electricity to line their pockets. Tweeaaaaa, the black man is the most useless and hopeless creation the Almighty God put out there. It makes me sad that I was born black, I wish I can do something about my makeup.

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• Zargon 10 years ago

  It's a good move- how many of UK assets are owned by them? Almost none as they have all been privatised, but have regulations to control the way they price and charge consumers. It works perfectly

  It's a good move- how many of UK assets are owned by them? Almost none as they have all been privatised, but have regulations to control the way they price and charge consumers. It works perfectly

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• Kwabena Yeboah 10 years ago

  It is such ignorance in the Ghanaian that make me want to scream. What do you know about state owned and private corporation? Even in US where capitalism is the economic system, states own their power companies. In Canada al ...
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  It is such ignorance in the Ghanaian that make me want to scream. What do you know about state owned and private corporation? Even in US where capitalism is the economic system, states own their power companies. In Canada all of the provinces own their power companies, and every country I know own their power companies, but the ignorant Ghanaian who has no knack for research would always go for the easy assumptions, such as privatization is good so the country must privatize all under performing state owned enterprise.
  
  In Canada where I live, there are 10 provinces and they all own their electricity corporations or power corporations and there is no dumsor. These fools in government should sit up and use their heads to run the country. They are always looking for easy solutions for every problem. If life is difficult with dumsor, wait till you receive your electric bill when these idiots privatize this damn thing.

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