We are doomed, ghanaians. ECG to be totally go into private. We shall use our blood to pay ecg
We are doomed, ghanaians. ECG to be totally go into private. We shall use our blood to pay ecg
Farmer 9 years ago
The concession is supposed to be limited in time, probably no more than 10 years. 150 mil annual profit after restructuring is greatly exaggerated, but even if it kicks in after - say - 3 years, total take away profits will ... read full comment
The concession is supposed to be limited in time, probably no more than 10 years. 150 mil annual profit after restructuring is greatly exaggerated, but even if it kicks in after - say - 3 years, total take away profits will be no more than approx 1 billion.
Investment expected 200 mil/year already amounts to 1 billion after only 5 years, not counting financing cost, initial losses etc. Even the use of a full MCC grant of around 350 mil leaves any investor stranded with something of 0.5 billion in total losses, not counting all the hardships of doing business in Africa's most corrupt country. NO THANK YOU, MR. MAHAMA. THE DEAL IS A SCAM.
Ibrahim Seidu 9 years ago
what are they up to Npp gave us Vodafone and NDC is also given us something else.Ghana where are we heading toward
what are they up to Npp gave us Vodafone and NDC is also given us something else.Ghana where are we heading toward
MAlik 9 years ago
The latest and biggest investment so far any super power house has made and surprising was UK, Britain has call in CHINA to develop and manage their ERNEGY system, China which has renewable most efficient cheap reliable techn ... read full comment
The latest and biggest investment so far any super power house has made and surprising was UK, Britain has call in CHINA to develop and manage their ERNEGY system, China which has renewable most efficient cheap reliable technology system in the world today ,, Ghana grab your CHANCE like RIGHT NOW with CHINA
mike 9 years ago
private and control management, WIN WIN for ALL
private and control management, WIN WIN for ALL
Ali 9 years ago
Is chinese energy renewable. They are building coal powered electricity stations by the fortnight - I doubt that is renewable source of energy.
Is chinese energy renewable. They are building coal powered electricity stations by the fortnight - I doubt that is renewable source of energy.
Ampabeng 9 years ago
Ghana is being divided among the politicians. From Rawllings' era every government of the day sells a nation's property. Look at the shady service Vodafone has been rendering in the country. Now NDC is continuing the sales. S ... read full comment
Ghana is being divided among the politicians. From Rawllings' era every government of the day sells a nation's property. Look at the shady service Vodafone has been rendering in the country. Now NDC is continuing the sales. Soon & very soon, the indigenous people of the land will be branded "FOREIGNERS."
Saint Ghfuo: FREE YOUR PSYCHE 9 years ago
soon, these greedy and lazy gh leaders will privatise water, hydro and even humans...fools! dont u have brains to manage ur own affairs?
soon, these greedy and lazy gh leaders will privatise water, hydro and even humans...fools! dont u have brains to manage ur own affairs?
sko 9 years ago
ECG generates $150M/YR and Investors are expected to invest $200M/YR? Come on this is simple arithmetic. It is a losing venture from get go! ECG's revenue generation capacity does not support the expected $M/B of investments ... read full comment
ECG generates $150M/YR and Investors are expected to invest $200M/YR? Come on this is simple arithmetic. It is a losing venture from get go! ECG's revenue generation capacity does not support the expected $M/B of investments everybody is calling for. Ghana's electricity market is too small to support the size of investment proposed. We have no manufacturing/commercial capacity, nor do we have much residential/home use demand to support the size of investment. Look beyond the obvious and solve the problem of Dum-Sor!
@@@ 9 years ago
out of the 4 companies from the US, only two seem legit.Pike and new generation
out of the 4 companies from the US, only two seem legit.Pike and new generation
inercycl 9 years ago
So why was their bid even accepted in the first place.For all the PhDs still no administration? Anonymous application for a job? Never heard of that in my life.Only in Ghana.Could be from the Norwegian-paki crook fronting for ... read full comment
So why was their bid even accepted in the first place.For all the PhDs still no administration? Anonymous application for a job? Never heard of that in my life.Only in Ghana.Could be from the Norwegian-paki crook fronting for yet another!
Osman anafa 9 years ago
To do partnership with somebody ,one should take into consideration de track records of ur partner. l do not think ECG had a good track records ,so firms should do away from this biding process.I in particular will never do p ... read full comment
To do partnership with somebody ,one should take into consideration de track records of ur partner. l do not think ECG had a good track records ,so firms should do away from this biding process.I in particular will never do partnership with ECG
Xavi 9 years ago
I do not understand why in this day and age the government still wants to control large swathes of the economy, the primary role of government is to provide conducive environment for businesses and regulation. Most of these S ... read full comment
I do not understand why in this day and age the government still wants to control large swathes of the economy, the primary role of government is to provide conducive environment for businesses and regulation. Most of these State owned enterprises are black holes just sucking money out of the public purse, money which can be used to provide infrastructure and strengthen the economy, privatize ECG now!!!
Saint Ghfuo: FREE YOUR PSYCHE 9 years ago
ANY SUCCESSFUL WESTERN NATION DOES NOT ENGAGE IN PRIVATIZING THEIR INDUSTRIES...
ANY SUCCESSFUL WESTERN NATION DOES NOT ENGAGE IN PRIVATIZING THEIR INDUSTRIES...
Xavi 9 years ago
I am sure you do not know what you are talking about
I am sure you do not know what you are talking about
We are doomed, ghanaians. ECG to be totally go into private. We shall use our blood to pay ecg
The concession is supposed to be limited in time, probably no more than 10 years. 150 mil annual profit after restructuring is greatly exaggerated, but even if it kicks in after - say - 3 years, total take away profits will ...
read full comment
what are they up to Npp gave us Vodafone and NDC is also given us something else.Ghana where are we heading toward
The latest and biggest investment so far any super power house has made and surprising was UK, Britain has call in CHINA to develop and manage their ERNEGY system, China which has renewable most efficient cheap reliable techn ...
read full comment
private and control management, WIN WIN for ALL
Is chinese energy renewable. They are building coal powered electricity stations by the fortnight - I doubt that is renewable source of energy.
Ghana is being divided among the politicians. From Rawllings' era every government of the day sells a nation's property. Look at the shady service Vodafone has been rendering in the country. Now NDC is continuing the sales. S ...
read full comment
soon, these greedy and lazy gh leaders will privatise water, hydro and even humans...fools! dont u have brains to manage ur own affairs?
ECG generates $150M/YR and Investors are expected to invest $200M/YR? Come on this is simple arithmetic. It is a losing venture from get go! ECG's revenue generation capacity does not support the expected $M/B of investments ...
read full comment
out of the 4 companies from the US, only two seem legit.Pike and new generation
So why was their bid even accepted in the first place.For all the PhDs still no administration? Anonymous application for a job? Never heard of that in my life.Only in Ghana.Could be from the Norwegian-paki crook fronting for ...
read full comment
To do partnership with somebody ,one should take into consideration de track records of ur partner. l do not think ECG had a good track records ,so firms should do away from this biding process.I in particular will never do p ...
read full comment
I do not understand why in this day and age the government still wants to control large swathes of the economy, the primary role of government is to provide conducive environment for businesses and regulation. Most of these S ...
read full comment
ANY SUCCESSFUL WESTERN NATION DOES NOT ENGAGE IN PRIVATIZING THEIR INDUSTRIES...
I am sure you do not know what you are talking about