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May 16, 2026
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We’ll use every legitimate means to stop ECG privitisation – TUC
Money
Policy
Growth
Key Points
- The Trades Union Congress (TUC) and its affiliates will strongly resist any attempts to privatise the Electricity Company of Ghana (ECG).
- Dr. Kwabena Nyarko Otoo, Deputy Secretary General of TUC, stated labour's opposition to privatization, citing concerns about affordability and access.
- This stance comes as the International Monetary Fund (IMF) has urged Ghana to fast-track private sector participation in ECG's operations.
- The IMF believes deep problems in the energy sector threaten public finances and economic stability, pushing for stronger reforms.
- Dr. Otoo argues that ECG has shown notable improvements in revenue and operational reach, making privatization unnecessary.
Why This Matters
This issue is critical for Ghana as it pits the interests of organised labour and public ownership against the recommendations of the IMF for private sector participation in a vital state-owned enterprise. The decision on ECG's future will significantly impact Ghana's energy sector stability, public finances, consumer tariffs, and the government's economic reform agenda under international lenders.
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