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According to a high profile document intercepted by Starrfmonline.com, barring any last minute changes, the government of Ghana will this month select transaction advisors to aid the process.
The move follows a detailed research and analysis into the various options being considered by government in the management of ECG.
The private partner for ECG “is expected to strengthen and improve corporate governance and management, invest in needed infrastructure to expand services, reduce losses, and improve quality of service delivery.”
“For me the challenge or the solution is not really about privatization…we need to do a proper diagnosis of the problem facing ECG and find a solution and not to quickly jump at privatization as an option,” Dr. Manteaw said.
Dr. Manteaw added: "We are worried about the fact that we have not had the opportunity to debate what are the diagnosis in this document...wisdom does not reside only in the heads of those in government in fact in many cases wisdom resides outside government".