Audio By Carbonatix
The opposition parties say the sale of Ghana Telecom smacks of a government just gone mad.
But government reckons the sale is the only lifeline to a dying national asset in the country.
In the mist of the waging controversy, the workers of GT in an uncharacteristic fashion have given their blessing for the sale of the national asset.
They claim the move would inject the needed capital to better manage an ailing company.
“Without a strategic partner, GT will move along the same path as Ghana Airways”, Head of Corporate Communication and Customer Care, Rtd Major Don-Chebe told Joy business news on Wednesday.
For the workers, the talk about GT being a national asset for which reason it should not be sold is a non issue.
Rtd Major Chebe says “It is better to have 30% of a profitable business than 100% of a business which is rather a drain on your resources.”
“What good is a piece of asset to you if that asset is not profitable anyway?” He quizzes.
Major CHebe says the company will be right sized under Vodafone with the interest of workers better served.
Joy News sources claim workers to be laid off under a redeployment policy will be given 3 months of highest salary in a year, multiplied by the number of years served with company.
Vodafone has acquired 70% shares in GT amidst criticisms from opposition parties and civil society groups.
The whole country await parliamentary ratification.
Author: Nathan Gadugah
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Retirement age reform requires national consensus, not a SSNIT decision – Afreh Biney
58 minutes -
Extending retirement age could delay opportunities for youth by up to 7 years – SSNIT boss
1 hour -
Jamaica in talks to accept third-country migrants deported from US
1 hour -
G7 leaders call for strong, coordinated response to Ebola outbreak
2 hours -
Ebola Bundibugyo vaccine candidates could enter Phase 1 trials as early as July
2 hours -
Longer life expectancy alone is not enough to raise retirement age – SSNIT boss
4 hours -
Mobile tech to add $290bn to Africa’s economy by 2030, GSMA says
4 hours -
South Africa’s Ramaphosa warns against scapegoating migrants for economic woes
4 hours -
Oil prices fall 5% to 3-month low on hopes Strait of Hormuz will open
5 hours -
Prince George to attend Eton College from September
5 hours -
Cadbury chocolate-owner Mondelez defends staying in Russia
5 hours -
‘We fear for our lives’ – deadline for migrants to leave South Africa looms
5 hours -
Hungary’s MPs block return of Orbán, limiting rule of PM to eight years
5 hours -
Hundreds of cats stolen for food in Vietnam rescued by police, welfare group says
5 hours -
Brazil convicts Jair Bolsonaro’s son of pursuing US help in father’s legal battle
6 hours