It is better to have 30% of a profitable business than 100% of a business which is rather a drain on your resources.
Rtd Major chebe
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.
It is better to have 30% of a profitable business than 100% of a business which is rather a drain on your resources. 