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Business News of Monday, 30 October 2017


ECG workers won't be disadvantaged in Privatization - President assures

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President Nana Addo Dankwa Akufo-Addo on Monday assured that the move to privatise the Electricity Company of Ghana (ECG) would not place any worker of the company at a disadvantage.

He said government would ensure that the interest of all workers of the ECG is protected and that none is worse off after the company is privatised under the second compact of the Millennium Challenge Corporation, which is geared at achieving power supply efficiency.

President Akufo-Addo gave the assurance when the Trades Union Congress (TUC) called on him at the Flagstaff House in Accra.

The call was to apprise the President on the concerns of the worker's Union bordering on the ECG concession, SSNIT and the proposed sale of the Volta River Authority's thermal plant.

Employment and Labour Relations Minister Ignatius Baffour-Awuah, who briefed the media after the closed-door meeting, said the President was emphatic that he would ensure no ECG worker is made worse off as a result of the privatization of the national power distributor.

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