ECG Wereko-Brobby warns labour agitations in power sector could dampen investor confidence

Workers of EC have laid down their tools in protest of the government decision to privatise the state-controlled power distributor for 25 years.

  • Published:
play Dr Charles Wereko-Brobby
24/7 Live - Subscribe to the Pulse Newsletter!

The agitations over the release of the Electricity Company of Ghana (ECG) to a concessionaire by ECG workers has the potential to affect foreign direct investment in Ghana, a former Chief Executive of the Volta River Authority has warned.

“I do not know about the long term effect; all I know is that it is wrong, as it sends a wrong signal to anyone who wants to come to invest in the power sector or any other sector of the economy," Dr Charles Wereko Brobby warned on Tuesday in a media interview.

Workers of EC have laid down their tools in protest of the government decision to privatise the state-controlled power distributor for 25 years.

The workers say privatising the company is not the best way of reviving the ailing company which has been saddled with debts, opaque structures and inability to collect revenues.

In addition, the workers fear they would be dismissed after the takeover agreement is completed in the next five years, and high tariffs set for consumers.

However, Dr Wereko-Brobby, who says he is against the deal in an interview with Citi FM, argues that despite the concerns of the workers, their actions send signals to investors that there is no discipline among workers  and management in Ghana.

“Many of us are not happy about what is happening in terms of the MIDA arrangement but those who have the responsibility must deal with it. This is anarchy in the workplace and it shouldn’t have been allowed to happen," he said.

Do you ever witness news or have a story that should be featured on Pulse Ghana?
Submit your stories, pictures and videos to us now via WhatsApp: +233507713497, Social Media @pulseghana: #PulseEyewitness & DM or Email:

Recommended Articles

Recommended Videos

Top Articles

1 Bank of Ghana Here are the banks with the best deposit rates in Ghanabullet
2 Cash For Seats Expatriates fail to appear before ad hoc committee,...bullet
3 Cash For Seat Saga We didn't force anybody to pay - Gbehobullet
4 Salaries In 2018 Here are the dates public workers will be paid in...bullet
5 Black Stars Nana Aba comes under attack over Black Stars...bullet
6 Menzgold Ghana Don't deposit money with Menzgold – BoG...bullet
7 In Lesotho World's fifth largest diamond discoveredbullet
8 Taxes In Ghana 3% VAT flat rate takes off in July 1bullet
9 Interest Rate Here are the banks offering the cheapest...bullet
10 Cash For Seats I instructed GEBA organisers not to...bullet

Top Videos

1 Support Finance minister buys Kantanka carbullet
2 Dr Joseph Siaw Agyepong Nobody can collapse my company – JOSPONGbullet
3 Tech 6 reasons you should buy an iPhone SE instead of any of the...bullet
4 Plane Crash Starbow suspends operations following plane crashbullet
5 Entrepreneurship How To Get Ready To Get Started | StartUpSchoolbullet
6 Entrepreneurship How to be resourceful as an entrepreneurbullet
7 Video We are determined to move Ghana beyond aid - Bawumiabullet