Cape coast sports stadium
Due to legacy debts totaling GHS 513,000, the Electricity Company of Ghana (ECG) has stopped providing electricity to the Cape Coast Sports Stadium.
The action is a part of the company’s national initiative to get rid of debts so that it can continue operating.
In an attempt to reduce its debt, which was affecting operations, it had started an aggressive revenue mobilization campaign on Monday, March 20.
This applies to all customers who owe the ECG, not just state-owned businesses.
The regional sports director, Alexander Tieku, stated in an interview on Tuesday that the split would have a significant impact on the organization’s operations as a significant state asset.
When the facility was first disconnected sometime last year, he explained that the debt inherited many years earlier was being settled through planned talks with the ECG, and some payments were made.
To ensure smooth operations, management also hired ECG officials to install pre-paid meters to direct a portion of the bills to the stadium’s different business units. Twenty of these installations have already been made.
Hostels, restaurants, offices, clinics, and gyms are among the businesses at the stadium that were only linked to one post-paid meter, which resulted in the accumulation of enormous debts.
Due to the understanding made by both parties, Mr. Tieku described the situation as “unfortunate” and “surprising.”