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    Cedi Summit comes off today at Alisa Hotel

    BoG’s supply of dollars to BDCs drops from 85% to 21% within 3 months – CBOD

    Societe Generale Ghana launches new ‘boafo loan product’ assist MSMEs

    CBOD calls for a more structured supply of Forex for petroleum products

    Bank of Namibia Governor pays courtesy call on BoG Governor

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    BoG, CSA deepen collaboration to fight cyber threats

    Dr. Bawumia unveils Ghana’s first Tier IV data centre

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    Introduction of GhanaPay complements efforts to capture the unbanked into digital payments ecosystem – Veep

    #CitiBusinessFestival: How the country can take advantage of the “Ghana Opportunity”

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    Citi Business Festival: Address lack of financial data challenges using MoMo – Rufai Abdul Majeed

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    Employ targeted-subsidized systems to check macro-economic challenges – Prof. Quartey

    Inflation in Africa: Some subsidy programs prolonging situation – Jeff Gable

    Cedi Summit comes off today at Alisa Hotel

    BoG’s supply of dollars to BDCs drops from 85% to 21% within 3 months – CBOD

    BoG, CSA deepen collaboration to fight cyber threats

    Societe Generale Ghana launches new ‘boafo loan product’ assist MSMEs

    Dr. Bawumia unveils Ghana’s first Tier IV data centre

    Intravenous Infusions PLC records 10% growth in profit in 2021

    Regional economic cooperation needed to enhance Africa’s competitiveness – Bawumia

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    Cedi Summit comes off today at Alisa Hotel

    BoG’s supply of dollars to BDCs drops from 85% to 21% within 3 months – CBOD

    Societe Generale Ghana launches new ‘boafo loan product’ assist MSMEs

    CBOD calls for a more structured supply of Forex for petroleum products

    Bank of Namibia Governor pays courtesy call on BoG Governor

    DBG funds will not be used to buy gov’t securities – Deputy CEO assures

    Producer Price Inflation rises again to hit 33.5% in May 2022

    #CitiBusinessFestival: Garment industry needs financial support to thrive – Cyndex CEO

    Ghana tops list of countries with cheapest cost of electricity in West Africa

  • TECHNOLOGY

    BoG, CSA deepen collaboration to fight cyber threats

    Dr. Bawumia unveils Ghana’s first Tier IV data centre

    ADB pioneers in global remittance services in Ghana [ARTICLE]

    Introduction of GhanaPay complements efforts to capture the unbanked into digital payments ecosystem – Veep

    #CitiBusinessFestival: How the country can take advantage of the “Ghana Opportunity”

    Chamber of Telecommunications calls for more investment into Technology to improve livelihoods

    Citi Business Festival: Address lack of financial data challenges using MoMo – Rufai Abdul Majeed

    Citi Business Festival: Acquiring digital skills key to securing employment – Maximus Ametorgoh

    Bank of Ghana commences piloting of digital currency in Sefwi Asafo

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    Regional economic cooperation needed to enhance Africa’s competitiveness – Bawumia

    Ivory Coast is set to receive $26.1 billion worth of development finance from 4 lenders, the EU and France

    Gulf central banks, Bank of England raise policy rates after Fed hike

    US Fed meets inflation surge with 75bp hike

    As Nigeria’s inflation rate accelerates to 17.71%, the World Bank warns millions could face extreme poverty

    Modern airline tickets design with flight time and passenger name. Plane tickets vector pictogram. Airline boarding pass template. Vector illustration. The concept of air transportation

    Ticket prices to rise following B.A schedule change on Accra-London-Accra route

    Bawumia calls for more AfDB support as African economies battle global challenges

    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

    Take control of financing on the continent – Ofori-Atta to AfDB

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ECG works to rectify anomalies for prepaid users yet to enjoy relief package

byNerteley Nettey
May 6, 2020
in Local Economy, Top Stories
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The Electricity Company of Ghana, ECG, says it should complete the configuration of a few more prepaid meters to reflect the relief packages announced for electricity consumers by the end of this week.

The ECG deferred the implementation of a three-month relief package for pre-paid consumers of electricity; from April to May, to allow it reconfigure its systems.

Per the relief, all lifeline consumers will get a one hundred percent waiver for electricity consumed for three months; while other consumers will get a fifty percent reduction in tariff as part of measures to mitigate the economic impact of COVID-19 in Ghana.

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Public Relations Officer for the ECG at Accra West, Fred Baimbill Johnson, told Citi Business News all consumers will enjoy the benefits as outlined.

“Since the first of May as announced earlier, we have started the implementation of the relief as announced by the President. Now with the roll out of the relief we have realized that there are some challenges in the system as earlier mentioned. For some customers, what we realized is that some were not able to swipe their cards or insert their cards properly before visiting our various checkpoints. So, we are not able to pick the March consumption rate of these customers to be able to give them the relief they deserve.”

“Also, we have some meters which are on pilot. A few of them are really slow and so we are giving ourselves some time till the end of this week to be able to evaluate all of these so that the customers will have the relief they deserve. But in all about 90% of our customers have received the relief they deserve and so far we think everything is going on well,” he noted.

Gov’t to absorb electricity bills 

In the wake of the outbreak of the novel Coronavirus in the country, President Akufo-Addo on April 9, 2020, announced that Government will fully cover the bills of low-income consumers of electricity in the country for April, May and June, as part of measures to bring relief to Ghanaians.

According to him, other consumers who fall outside of this class will also enjoy a 50 percent reduction in the cost of electricity for the same period.

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