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The return of privatization

So, what’s in the bag today?
National: ECG for sale? TUC and PUWU said ‘Go and sit down!’
National: Mahama just dropped GH₵6bn on bondholders—big moves or just vibes?
National: Ex-Deputy Minister says Mahama’s National Education Forum is basically ‘talk shop pro max.’
National: NSA’s payroll be like: One guy cloned himself 226 times and still collected allowance.
Sports: GFA’s pitches be looking like a burnt plantain, but someone wants a third term? Be so for real.
Fact of the Day: Finish the sentence. You can’t hum when you…
Politics: DDEP Payments: Mahama or NPP? The Hot Potato nobody wants to drop.
Crime: So, there’s this crazy story about a police inspector who’s somehow involved in a murder case.
QUICK BYTE

So apparently, the government wants to privatize ECG, and TUC and PUWU said, “Asem bɛn nie?” Basically, they think it’s a bad idea because history has shown that privatization in Ghana is just a fancy way of saying, “Brace yourself for job losses and higher bills.”
But let’s be honest, ECG’s problem isn’t ownership—it’s management. How are you changing MDs like iPhone models and expecting stability? And why are we buying electricity in dollars but selling it in cedis? That’s like pricing waakye in Bitcoin—chaotic Want the deets in full? Check out the Deep Dive section.
It’s not every day you wake up to billions being sprayed like konfɛti (yes, that’s the twi spelling😂😂) at a wedding, but here we are. The Finance Ministry has wired a cool GH₵6.081bn into bondholders' accounts like a sugar daddy making amends. GH₵3.46bn of it is Monopoly money… okay, not exactly, but it's Payment-In-Kind (PIK), meaning some people just got credited with bonds instead of straight cash. Imagine expecting momo but getting store credit instead. And because Ghana’s debt situation is shakier than a trotro on potholes, the government also stashed GH₵9.7bn into a "Sinking Fund" to make sure the next payments don’t ghost us. Ghanaians are side-eyeing like, “You sure?” because their economic confidence has been bruised more times than an old Nokia phone dropped on concrete. Read more

Ntim Fordjour thinks Mahama’s National Education Forum is a waste of time and money because the country already has an education plan (2018-2030). Instead of more meetings, he says Mahama should just get to work on his campaign promises. Read more
Imagine you dey chop waakye every morning from the same seller, but every day, the food is getting worser - stone inside the rice, and the shito no dey shito again. Then one day, the seller say make you dash am award for "Best Waakye Joint." Ei? That’s exactly how J.Y. Appiah feels about Kurt Okraku’s third-term dreams. According to him, Ghana football is not giving vibes at all, so what exactly has Okraku done to deserve another four years? Win most controversial GFA President?
FIFA sent $260,000 to fix our pitches, but somehow, they’re still looking like a cornfield in harmattan. J.Y. Appiah is asking the real questions, where did the money go? Because right now, the only "natural" thing about these pitches is the dust. Read more
FACT OF THE DAY

You can’t hum while plugging your nose.
The Fourth Estate pulled receipts and found a single name repeated 226 times on the NSA payroll. Yeah, not once, not twice—two hundred and twenty-six times. At this point, it’s either someone cracked the cloning code, or the NSA thought Ghanaians wouldn’t count past ten. Now, this isn’t just a "one ghost name here, one ghost name there" kind of vibe. Nah, it’s a full-on cemetery! They even had 80-year-olds and 90-year-olds "doing national service." A whole grandpa somewhere is chilling, watching Kumkum Bhagya, while his name is out here collecting NSS allowance. And let’s not even start on the fake index numbers—some of these "graduates" don’t exist in any university register, but somehow, they’ve been "deployed." If fraud was an Olympic sport, whoever masterminded this payroll would be bringing home gold, silver, and bronze every year. Read more

Pooley got stabbed during a football match between Nsoatreman FC and Asante Kotoko FC. If you’ve ever been to one of those intense football games, you know the vibe, tensions are high, and people are out here acting like it's the World Cup Final every weekend. But this? This escalated. And who’s caught in the mix? Our guy Owusu. A police inspector. Like, why is he even in this mess? The thing is, Owusu isn’t the only one caught up in this wild drama. There are other suspects—some are even walking around like it’s no big deal! Former Employment Minister Ignatius Baffour-Awuah and a couple of others got charged with abetting the murder. Read more
So, DDEP bondholders finally got their fourth coupon payment, but now there’s a political tug-of-war over who made it happen. Mahama’s camp says it was his directive, but former Finance Minister Dr. Amin Adam is out here with receipts, claiming NPP already planned for this way before leaving office. Basically, it's giving “who owns the last piece of pizza?” vibes. The real question is, do the bondholders care who made the payment, or are they just happy their money landed? Because at the end of the day, a deposit is a deposit. Read more
DEEP DIVE
FOR SALE
Another day, another “government wants to sell ECG” saga. But this time, TUC and PUWU pulled up like concerned uncles at a family meeting, ready to scatter the agenda. They basically said, “Privatization? Abeg, we’ve seen this Nollywood movie before, and we know how it ends—job losses, high tariffs, and plenty ‘we’re still investigating’ press conferences.” In other words, they are not having it, and they’re making sure the government knows ECG is not a Black Friday deal.
But if we’re being honest, eh? ECG’s wahala isn’t about being state-owned; it’s about being state-mismanaged. We’re talking seven MDs in ten years, more political interference than your nosy auntie at Christmas, and procurement decisions that make zero sense. Why is ECG buying electricity in dollars but selling it in cedis? Who thought that was a good idea?
And let’s talk about this whole “private sector involvement” thing. We all remember the PDS scandal, right? The one that turned ECG into a ‘come and chop’ buffet before it collapsed. Then there was Ghana Water’s privatization disaster. It got so bad, we had to take it back like an ex we swore we’d never text again. Now they want to try the same thing with ECG?
Anyway, the unions are saying the real solution isn’t to privatize ECG but to fix it. Leadership stability, proper procurement, and cutting out political interference—sounds simple enough, right? But will the government listen? Or will we be here again in four years, watching another privatization attempt fail like a New Year’s gym resolution? Read more
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