Pulse.com.gh logo

MCA Compact 2 ECG privatisation will create more jobs - US Ambassador

Ambassador Jackson said ECG workers who are scared of losing their job as a result of the move have nothing to fear.

  • Published:
play Robert P. Jackson

The privatisation of the Electricity Company of Ghana (ECG) will create more jobs, the US Ambassador to Ghana Robert P. Jackson has assured agitated ECG workers.

Ambassador Jackson said ECG workers who are scared of losing their job as a result of the move have nothing to fear.

As part of the Millennium Challenge Account (MCA) compact 2, Ghana is mandated to lease ECG to a concessionaire for 25 years.

READ MORE: IUC wades into ECG sales; slams privatisation deal

Ambassador Jackson clarified that current ECG workers will keep their job for five years.

Ambassador Jackson was speaking at the 15th Annual General Meeting (AGM) of the American Chamber of Commerce.

He said: “I don’t think that any worker of ECG will lose their job as the compact comes into force.

"What I can say for certain is it that the compact makes it clear that during the first five years of the compact, probably until 2022, every worker has his or her job guaranteed unless the person commits a crime or any serious misconduct.

"So for the next five years, their employment is guaranteed.”

“So they (staff of ECG) have got a good deal. Secondly, if the company is going to grow, there are going to  be more people not fewer.

"I don’t have a crystal ball but my intuition is that the ECG workers are going to have new colleagues.”

The government's decision to accept the MCA Compact 2 deal which mandates the privatisation of ECG has drawn widespread criticism.

The Trades Union Congress, the Public Utility Workers Union (PUWU) and some opposition MPs have rejected the move.

READ MORE:TUC vows to resist ECG privatisation

The PUWU maintains: "his policy is not the best option to bring reforms to make ECG more efficient and profitable. We have already articulated our views and suggestions in our position paper to MiDA and the ministry of power.

"Unfortunately, the government of Ghana with tacit pressure from the MCC of America is still pushing this agenda despite all the negative implications for our country and it citizens."

The TUC on the other hand has vowed to resist the move, saying the process lacks transparency and consultation.

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: eyewitness@pulse.com.gh.

Recommended Articles

Recommended Videos

Top Articles

1 Investment banks in Ghana Top 5 investment banks in Ghana and why you...bullet
2 Salaries In 2018 Here are the dates public workers will be paid in 2018bullet
3 Education Top 5 private high schools in Ghana according to WAECbullet
4 Breaking Otabil finally breaks silence on banking controversiesbullet
5 Tax Policy Gov't weighs in on controversial MoMo taxbullet
6 Incompetence Otabil wasn't qualified to be Capital Bank Board...bullet
7 Promo Glo introduces Yakata, Ghana’s most exciting telecoms...bullet
8 Banking Crises Joe Jackson urges BoG to ‘rate’ banks to...bullet
9 How to create a verified PayPal account Learn how to...bullet
10 uniBank Takeover Meet all the Unibank Executives who...bullet

Top Videos

1 Forbes 2018 Africa's billionaires rich listbullet
2 Money Alert Meet Africa's richest womanbullet
3 Former Capital Bank staff grills pork for survivalbullet
4 New Discovery Ghana discovers new mineral, lithium in commercial...bullet
5 Bozoma Saint John 10 quotes from Uber top official, Bozoma, that...bullet
6 Support Finance minister buys Kantanka carbullet
7 Plane Crash Starbow suspends operations following plane crashbullet
8 Dr Joseph Siaw Agyepong Nobody can collapse my company –...bullet
9 Video We are determined to move Ghana beyond aid - Bawumiabullet