• Contact US
  • Advertise With US
  • Privacy & Policy
  • Submit Station
Wednesday, October 22, 2025
Kumasi Mail
Advertisement
  • Home
  • News
    • All
    • Education
    • Health
    • Manhyia
    Ghana’s 9th Parliament officially inaugurated

    Parliament halts reintroduction of Anti-Gay Bill after advertisement error

    Abdul-Wahab Hanan denies corruption allegations mentioned by Attorney General

    Abdul-Wahab Hanan denies corruption allegations mentioned by Attorney General

    AG charges former Buffer Stock CEO and wife over GHS78m theft, money laundering

    AG charges former Buffer Stock CEO and wife over GHS78m theft, money laundering

    Chairman Wontumi granted GH¢1m bail ahead of trial over illegal mining

    Attorney-General Dr. Dominic Ayine rejects plea deal in Wontumi case

    Krofrom Market files sealed- KMA promises revelation “in due course”

    Krofrom Market files sealed- KMA promises revelation “in due course”

    Richard Ofori Agyeman Boadi, KMA BOSS

    KMA orders removal of unauthorized structures and billboards ahead of road project

    Ghana’s Future at Risk: Poisoned lands, sick children, and a booming illegal gold economy- Minority raises alarm

    Ghana’s Future at Risk: Poisoned lands, sick children, and a booming illegal gold economy- Minority raises alarm

    Education Minister reaffirms Mahama administration’s commitment to strengthening ‘No Fees Stress’ policy

    GES warns schools against unauthorised PTA levies

    Baffoe-Bonnie’s Vetting: The countdown to Ghana’s next Chief Justice

    Baffoe-Bonnie’s Vetting: The countdown to Ghana’s next Chief Justice

    • Health
    • Education
  • Election 2024
  • Politics
  • Business
  • Showbiz
  • Opinion
  • Sports
  • World
  • Media
  • Manhyia
  • History
No Result
View All Result
  • Home
  • News
    • All
    • Education
    • Health
    • Manhyia
    Ghana’s 9th Parliament officially inaugurated

    Parliament halts reintroduction of Anti-Gay Bill after advertisement error

    Abdul-Wahab Hanan denies corruption allegations mentioned by Attorney General

    Abdul-Wahab Hanan denies corruption allegations mentioned by Attorney General

    AG charges former Buffer Stock CEO and wife over GHS78m theft, money laundering

    AG charges former Buffer Stock CEO and wife over GHS78m theft, money laundering

    Chairman Wontumi granted GH¢1m bail ahead of trial over illegal mining

    Attorney-General Dr. Dominic Ayine rejects plea deal in Wontumi case

    Krofrom Market files sealed- KMA promises revelation “in due course”

    Krofrom Market files sealed- KMA promises revelation “in due course”

    Richard Ofori Agyeman Boadi, KMA BOSS

    KMA orders removal of unauthorized structures and billboards ahead of road project

    Ghana’s Future at Risk: Poisoned lands, sick children, and a booming illegal gold economy- Minority raises alarm

    Ghana’s Future at Risk: Poisoned lands, sick children, and a booming illegal gold economy- Minority raises alarm

    Education Minister reaffirms Mahama administration’s commitment to strengthening ‘No Fees Stress’ policy

    GES warns schools against unauthorised PTA levies

    Baffoe-Bonnie’s Vetting: The countdown to Ghana’s next Chief Justice

    Baffoe-Bonnie’s Vetting: The countdown to Ghana’s next Chief Justice

    • Health
    • Education
  • Election 2024
  • Politics
  • Business
  • Showbiz
  • Opinion
  • Sports
  • World
  • Media
  • Manhyia
  • History
No Result
View All Result
Kumasi Mail
No Result
View All Result
  • Home
  • News
  • Election 2024
  • Politics
  • Business
  • Showbiz
  • Opinion
  • Sports
  • World
  • Media
  • Manhyia
  • History
Home News

President Mahama rules out privatization of ECG, pledges public-private partnerships for reform

Kumasi Mail by Kumasi Mail
May 2, 2025
in News
0
Mahama warns Ministers to uphold humility and respect for Ghanaians
Share on FacebookShare on Twitter

President John Dramani Mahama has firmly assured Ghanaians that the Electricity Company of Ghana (ECG) will not be privatised, despite mounting concerns over the company’s financial woes and the broader challenges facing the nation’s power sector.

Addressing workers and citizens at the May Day celebrations held at Black Star Square in Accra on Thursday, May 1, President Mahama responded to widespread fears about the possible sale of the state-owned power distributor.

He emphasised that his administration has no intention of relinquishing public ownership of ECG, instead advocating for strategic collaborations with private partners to boost efficiency.

President Mahama said “Let me assure you that it is not my intention to privatise ECG as an institution. Our attention is more on a public-private collaboration to inject efficiency into our downstream electricity distribution system”.

The President outlined the dire state of ECG’s finances, attributing its challenges to years of poor governance and mismanagement.

He revealed that ECG is currently saddled with a debt of GH¢68 billion, warning that without decisive intervention, the entire power sector could face collapse.

“The ECG has been brought to its knees by a culture of poor governance over the last eight years, with a debt of GH¢68 billion and rising. If we do not do something drastic, our whole power sector will collapse. We can only bring down power tariffs if we improve efficiency in the distribution of power”.

Mahama pointed to the success of public-private partnerships during his previous term, citing the example of Enclave Power Company, which manages metering and billing in the Free Zones enclave. Under this arrangement, ECG supplies bulk power while Enclave Power handles billing and collections, achieving a 99% revenue collection rate.

He recounted “When I was President, in the free zones, a private company, Enclave Power, was given the right of metering and billing in the free zone. ECG provided them with a bulk supply of power. They pay ECG, and until today, they still pay ECG monthly on time. Their billing and collection in the free zones enclave is 99% of revenue collected”.

He argued that such partnerships can deliver much-needed operational improvements without the need for privatisation.

“I am sure that we can make our electricity distribution more effective through public-private partnerships, but I can assure you that electricity as an institution will not be privatised,” Mahama reiterated.

President Mahama’s assurance is expected to calm fears and refocus attention on reform strategies that preserve public ownership while seeking greater efficiency and sustainability in Ghana’s power sector.

Source: www.kumasimail.com /Kwadwo Owusu

Tags: despite mounting concernsElectricity Company of GhanaJohn Dramani MahamaPresidentprivatisedtopstory
ShareTweetSend
Previous Post

Minority Leader accuses Council of State of undermining democracy in Chief Justice suspension

Next Post

Global Conservation Alliance launches ambitious “Plant The Birthday Tree” Climate Initiative in Ghana

YOU MAY LIKE

Ghana’s 9th Parliament officially inaugurated
News

Parliament halts reintroduction of Anti-Gay Bill after advertisement error

Abdul-Wahab Hanan denies corruption allegations mentioned by Attorney General
News

Abdul-Wahab Hanan denies corruption allegations mentioned by Attorney General

AG charges former Buffer Stock CEO and wife over GHS78m theft, money laundering
News

AG charges former Buffer Stock CEO and wife over GHS78m theft, money laundering

Chairman Wontumi granted GH¢1m bail ahead of trial over illegal mining
News

Attorney-General Dr. Dominic Ayine rejects plea deal in Wontumi case

Krofrom Market files sealed- KMA promises revelation “in due course”
News

Krofrom Market files sealed- KMA promises revelation “in due course”

Next Post
Global Conservation Alliance launches ambitious “Plant The Birthday Tree” Climate Initiative in Ghana

Global Conservation Alliance launches ambitious “Plant The Birthday Tree” Climate Initiative in Ghana

COCOBOD is broke, but we will fix it to become more profitable – Dr. Randy Abbey

COCOBOD investigates $263M Cocoa farm rehab loan amid project shortfall

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

LATEST NEWS

Ghana’s 9th Parliament officially inaugurated

Parliament halts reintroduction of Anti-Gay Bill after advertisement error

Abdul-Wahab Hanan denies corruption allegations mentioned by Attorney General

Abdul-Wahab Hanan denies corruption allegations mentioned by Attorney General

AG charges former Buffer Stock CEO and wife over GHS78m theft, money laundering

AG charges former Buffer Stock CEO and wife over GHS78m theft, money laundering

Chairman Wontumi granted GH¢1m bail ahead of trial over illegal mining

Attorney-General Dr. Dominic Ayine rejects plea deal in Wontumi case

Krofrom Market files sealed- KMA promises revelation “in due course”

Krofrom Market files sealed- KMA promises revelation “in due course”

Richard Ofori Agyeman Boadi, KMA BOSS

KMA orders removal of unauthorized structures and billboards ahead of road project

Ghana’s Future at Risk: Poisoned lands, sick children, and a booming illegal gold economy- Minority raises alarm

Ghana’s Future at Risk: Poisoned lands, sick children, and a booming illegal gold economy- Minority raises alarm

Education Minister reaffirms Mahama administration’s commitment to strengthening ‘No Fees Stress’ policy

GES warns schools against unauthorised PTA levies

Baffoe-Bonnie’s Vetting: The countdown to Ghana’s next Chief Justice

Baffoe-Bonnie’s Vetting: The countdown to Ghana’s next Chief Justice

Foreign Affairs Minister engages US, Canada officials on Visa arrangements for Ghanaian football fans ahead of World Cup

Foreign Affairs Minister engages US, Canada officials on Visa arrangements for Ghanaian football fans ahead of World Cup

  • Trending
  • Comments
  • Latest
52-Year-old man arrested in Nsawam for possessing suspected EC Biometric Device

52-Year-old man arrested in Nsawam for possessing suspected EC Biometric Device

Ghana Airforce Z-9 Helicopter Goes Missing en Route to Obuasi, Rescue Efforts Underway

Ghana Airforce Z-9 Helicopter Goes Missing en Route to Obuasi, Rescue Efforts Underway

Asokore Mamponhene Nana Boakye Ansah passes away

Asokore Mamponhene Nana Boakye Ansah passes away

EPA CEO calls for Immediate action to restore polluted water bodies in Ashanti region

EPA CEO calls for Immediate action to restore polluted water bodies in Ashanti region

Hello world!

1
NCA promises lower data prices by year-end

NCA promises lower data prices by year-end

1
COVID-19: Information Ministry justifies GHC150K spent on staff

COVID-19: Information Ministry justifies GHC150K spent on staff

1
EC to conduct mop-up registration August 1-3

EC to conduct mop-up registration August 1-3

1
Ghana’s 9th Parliament officially inaugurated

Parliament halts reintroduction of Anti-Gay Bill after advertisement error

Abdul-Wahab Hanan denies corruption allegations mentioned by Attorney General

Abdul-Wahab Hanan denies corruption allegations mentioned by Attorney General

AG charges former Buffer Stock CEO and wife over GHS78m theft, money laundering

AG charges former Buffer Stock CEO and wife over GHS78m theft, money laundering

Chairman Wontumi granted GH¢1m bail ahead of trial over illegal mining

Attorney-General Dr. Dominic Ayine rejects plea deal in Wontumi case

Facebook Twitter Youtube Instagram
Kumasi Mail

About US

Advertise With US

Submit Station

© 2024 KumasiMail.com