BusinessNews

ECG Cuts Off Kejetia Market Again Over GH¢7m Debt

The Electricity Company of Ghana (ECG) has severed the Kumasi City Market, also called the New Kejetia Market, from the national grid because of unpaid debts that above GH¢7 million.

Despite an earlier agreement to pay off the debt, according to ECG, the disconnection was necessary because the market didn’t follow the payment plan.

A comparable power outage that the market experienced in April 2024 was fixed when management gave assurances about their intention to pay off the debt.

Even if a payment schedule was established, according to ECG, the market has not followed it. ECG is still not satisfied, despite the market’s management—headed by Managing Director Edmond Kofi Duffuor—claiming that they have shown a commitment to repaying the loan.

We have paid roughly 1.7 million Ghana cedis out of a total of 9.7 million as of June.Therefore, while we are committed, why should we be in the dark? I’m not giving money to any other service provider. Except for ECG, no one else is getting money from Kejetia Market.

“We are now dependent on a generator because buying diesel is so expensive,” he continued.

To guarantee the seamless running of the market, the traders are pleading with the Local Government Ministry to step in and resolve the issue of the electrical supply.

The market is currently dependent on generators, which management believes cannot last.

Read Also: Traders Blames Irregular Rainfall For Higher Yam Prices 

Related Articles

Back to top button