Business News Mon, 2 Feb 2015

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ECG privatisation: Gov’t to select transaction advisor this month

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Kwabena Yeboah
2015-02-03 01:26:49
Comment to:
Privatization not the solution

There are certain public good we not allow the government to privatize because it is not good for economic growth. Electricity is one, water and our hospitals should not be privatized. There are some fools in the country who thing every state owned corporation that does not perform should be privatized. This is crass ignorance and buffoonery.

Our stupid governments are selling everything we own. Rawlings sold over 300 state owned corporations cheap because he claims they were under performing. Kufuor sold Ashanti Goldfields Ltd. the best ever Ghanaian company that was listed on New York and London exchanges. He also sold Ghana Telecom, and Ghana Airways - he claims they were under performing. And now this buffoon in power, Mahama is selling ECG. Why they sell the whole country to the Dutch or the British?

If these foolish nuthead politicians can hire a foreign coach for Ghana black stars and the stars can perform, then why can't they hire a foreign MD; someone with experience in managing power corporations to come and manage Ghana's ECG? Why are they not selling the Black Stars, but they are selling ECG? Unless Africans learn how to think, we are doomed for ever.

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Kwabena Yeboah on Feb 3, 01:26