No Result
View All Result
Tuesday, March 21, 2023
Citi Business News
  • Home
  • News
    • All
    • Agriculture
    • Economy
    • General
    • Government
    • Local Economy
    • Top Stories

    Peasant farmers reiterate calls for construction of Pwalugu Multi-Purpose Dam

    ECG disconnects GRA, KFC, Ho Airport others from power grid

    GRA monitoring team retrieves over GHC85m revenue shortfall

    Finance Minister leaves for China for debt negotiations

    Ghana’s debt level frustrating businesses, individuals – IEA

    Gold Fields, AngloGold rule out merger after Ghana joint-venture deal

    Volkswagen takes over the responsibility of vehicle assembly in Ghana

    CFAO opens ultra-modern Mercedes Benz showroom

    Govt pays outstanding coupons to individual bondholders

  • Business
    • All
    • Agribusiness
    • Banking And Finance
    • Manufacturing
    • Markets
    • Mining
    • Oil And Gas
    • Real Estate
    • Tourism
    • Transport

    It’s time to give women top posts in multilateral institutions – GCBL Chairman 

    Global Chamber of business leaders enters into partnership with IEFS

    Gold for Oil policy will save Ghana $4.8bn annually – Veep

    Energy Minister scheduled to speak on Ghana’s near-term opportunities at NAEPEC 2023

    Standard Chartered appoints Ebenezer Twum Asante as Chairman of Board of Directors

    Abena Amoah named in WFE’s top 20 women leaders

    International Women’s Day: Female engineering students tour Karpowership

    BoG directs banks to submit prudential reports on sex-disaggregated basis

    AGM Petroleum Ghana relinquishes South Deep Water Tano block

  • TECHNOLOGY

    Cyber Security Authority commences licensing and accreditation regime

    Twitter is reportedly planning to charge businesses $1,000 per month to keep gold verified checks

    Ghana withdraws $672m back-tax demand from MTN Group

    MTN to fight $773m tax bill from government

    Telcos to implement 1% E-Levy charge from today

    Huawei Equips 500 Traders in FinTech

    Africans urged to bolster adoption of Bitcoins

    What does 2023 hold? Predictions in payments for the year ahead for Africa

    Meta considered building a Twitter competitor to capitalize on Elon Musk’s ‘crisis’ at company

  • INTERNATIONAL
    • All
    • Africa
    • Asia
    • Europe
    • Middle East
    • US

    Silicon Valley Bank crisis: What led to stock crash, what lies ahead?

    Medical devices market projected to expand by $ 7.1 billion by close of year

    African Union adopts Africa Prosperity Dialogues AfCFTA action plan

    Third World Network Africa urges Africans to be strategic about AfCFTA

    5 important things to know about the African Continental Free Trade Area agreement

    $130bn and $170bn needed annually to bridge Africa’s infrastructural gap – Bawumia

    Feed Africa Summit: African Development Bank to commit $10bn to make continent breadbasket of the world

    Nigeria’s national debt hits an all time as the country struggles with repayment

    What does 2023 hold? Predictions in payments for the year ahead for Africa

  • FEATURES
  • Videos
Citi Business News
  • Home
  • News
    • All
    • Agriculture
    • Economy
    • General
    • Government
    • Local Economy
    • Top Stories

    Peasant farmers reiterate calls for construction of Pwalugu Multi-Purpose Dam

    ECG disconnects GRA, KFC, Ho Airport others from power grid

    GRA monitoring team retrieves over GHC85m revenue shortfall

    Finance Minister leaves for China for debt negotiations

    Ghana’s debt level frustrating businesses, individuals – IEA

    Gold Fields, AngloGold rule out merger after Ghana joint-venture deal

    Volkswagen takes over the responsibility of vehicle assembly in Ghana

    CFAO opens ultra-modern Mercedes Benz showroom

    Govt pays outstanding coupons to individual bondholders

  • Business
    • All
    • Agribusiness
    • Banking And Finance
    • Manufacturing
    • Markets
    • Mining
    • Oil And Gas
    • Real Estate
    • Tourism
    • Transport

    It’s time to give women top posts in multilateral institutions – GCBL Chairman 

    Global Chamber of business leaders enters into partnership with IEFS

    Gold for Oil policy will save Ghana $4.8bn annually – Veep

    Energy Minister scheduled to speak on Ghana’s near-term opportunities at NAEPEC 2023

    Standard Chartered appoints Ebenezer Twum Asante as Chairman of Board of Directors

    Abena Amoah named in WFE’s top 20 women leaders

    International Women’s Day: Female engineering students tour Karpowership

    BoG directs banks to submit prudential reports on sex-disaggregated basis

    AGM Petroleum Ghana relinquishes South Deep Water Tano block

  • TECHNOLOGY

    Cyber Security Authority commences licensing and accreditation regime

    Twitter is reportedly planning to charge businesses $1,000 per month to keep gold verified checks

    Ghana withdraws $672m back-tax demand from MTN Group

    MTN to fight $773m tax bill from government

    Telcos to implement 1% E-Levy charge from today

    Huawei Equips 500 Traders in FinTech

    Africans urged to bolster adoption of Bitcoins

    What does 2023 hold? Predictions in payments for the year ahead for Africa

    Meta considered building a Twitter competitor to capitalize on Elon Musk’s ‘crisis’ at company

  • INTERNATIONAL
    • All
    • Africa
    • Asia
    • Europe
    • Middle East
    • US

    Silicon Valley Bank crisis: What led to stock crash, what lies ahead?

    Medical devices market projected to expand by $ 7.1 billion by close of year

    African Union adopts Africa Prosperity Dialogues AfCFTA action plan

    Third World Network Africa urges Africans to be strategic about AfCFTA

    5 important things to know about the African Continental Free Trade Area agreement

    $130bn and $170bn needed annually to bridge Africa’s infrastructural gap – Bawumia

    Feed Africa Summit: African Development Bank to commit $10bn to make continent breadbasket of the world

    Nigeria’s national debt hits an all time as the country struggles with repayment

    What does 2023 hold? Predictions in payments for the year ahead for Africa

  • FEATURES
  • Videos
No Result
View All Result
Citi Business News
No Result
View All Result

MiDA postpones Bidders Conference; opposition against ECG PSP heightens

bycitibusinessnews
October 31, 2016
in Government, Local Economy, Top Stories
Ing Owura Safo

Ing Owura Safo

Share on FacebookShare on TwitterShare on Whatsapp

The Millennium Development Authority’s (MiDA) has postponed its planned Bidders Conference for six shortlisted entities that have shown interest in the private sector participation (PSP) of the Electricity Company of Ghana(ECG).

According to MiDA, it will announce a different date later.

Even though a letter copied to Citi Business News did not have reasons for the cancellation,  Citi Business News is informed that a law suit filed by one, Saaka Salia against MiDA, as well as the Trades Union Congress’(TUC) opposition to the conference forced MiDA to cancel it.

ADVERTISEMENT

On Friday, October 28, 2016, Mr. Saalia warned MiDA of possible contempt of court t if it proceeds with its planned Bidder’s Conference over the privatization of the ECG since it is a defendant in a lawsuit.

In addition, the TUC in a strong worded letter to the Flagstaff House , accused MiDA of betraying the Union by going ahead to announce a planned Builders Conference when grievances by workers of ECG are being addressed.

The TUC warned that in line with a resolution passed at TUC’s 10th Quadrennial Delegates Congress held in August 2016 at KNUST, it will resist any attempt to privatize the ECG.

The TUC in the letter  further impressed on government to stop MiDA from going ahead with the Bidders’ Conference and to ensure that prompt measures are taken to consider the options proposed by the Union.

According to the TUC, MiDA’s action is a demonstration of bad faith since deliberations with the Public Utility Workers’ Union (PUWU) of TUC who are opposed to the privatization has not concluded its work.

On his part, Mr. Salia also warned in a letter to MiDA that its  action  is “in blatant contempt of court as an injunction is pending in court against defendants from proceeding with or in any way whatsoever dealing with or participating in any processes touching and concerning further activities or dealings with the ongoing PSP in ECG processes in proposed Concession for the Management of, Operation of, and Investments in the Electricity Distribution Business of the Electricity Company of Ghana Limited, until the case has been determined.”

–

By: Lawrence Segbefia/citibusinessnews.com/Ghana

Related Posts

Agriculture

Peasant farmers reiterate calls for construction of Pwalugu Multi-Purpose Dam

byEmmanuel Oppong

The Peasant Farmers Association of Ghana is urging the government to allocate funds for the construction of the Pwalugu multi-purpose...

Read more

ECG disconnects GRA, KFC, Ho Airport others from power grid

GRA monitoring team retrieves over GHC85m revenue shortfall

Finance Minister leaves for China for debt negotiations

Ghana’s debt level frustrating businesses, individuals – IEA

Gold Fields, AngloGold rule out merger after Ghana joint-venture deal

Volkswagen takes over the responsibility of vehicle assembly in Ghana

Next Post

S.A:Let me do my job - Finance Minister Gordhan

Video on Demand: Business Weekly

ADVERTISEMENT
Citi Business News

© 2019 Citi Business News - CitiBusinessNews.com by CNR Digital.

Navigate Site

  • Home
  • News
  • Business
  • TECHNOLOGY
  • INTERNATIONAL
  • FEATURES
  • Videos

Follow Us

No Result
View All Result
  • Home
  • News
  • Business
  • TECHNOLOGY
  • INTERNATIONAL
  • FEATURES
  • Videos

© 2019 Citi Business News - CitiBusinessNews.com by CNR Digital.