VALCO Workers Union Sounds Alarm Over Possible Stealth Sale. The leadership of workers at Volta Aluminium Company Limited (VALCO) has expressed concern over GIADEC's announc - SATA RADIO

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VALCO Workers Union Sounds Alarm Over Possible Stealth Sale. The leadership of workers at Volta Aluminium Company Limited (VALCO) has expressed concern over GIADEC's announc GOVERNMENT OF GHANA SETTLES US$709 MILLION EUROBOND OBLIGATION The Ministry of Finance has successfully settled a US$709 million Eurobond obligation on 30th December 2025, ah Minority Sounds Alarm Over GoldBod, Alleges $214m Loss in Nine Months. The Minority in Ghana's Parliament has raised concerns over the Gold-for-Reserves scheme, alleging a $

VALCO Workers Union Sounds Alarm Over Possible Stealth Sale. The leadership of workers at Volta Aluminium Company Limited (VALCO) has expressed concern over GIADEC's announc GOVERNMENT OF GHANA SETTLES US$709 MILLION EUROBOND OBLIGATION The Ministry of Finance has successfully settled a US$709 million Eurobond obligation on 30th December 2025, ah Minority Sounds Alarm Over GoldBod, Alleges $214m Loss in Nine Months. The Minority in Ghana's Parliament has raised concerns over the Gold-for-Reserves scheme, alleging a $

VALCO Workers Union Sounds Alarm Over Possible Stealth Sale. The leadership of workers at Volta Aluminium Company Limited (VALCO) has expressed concern over GIADEC's announc

VALCO Workers Union Sounds Alarm Over Possible Stealth Sale. The leadership of workers at Volta Aluminium Company Limited (VALCO) has expressed concern over GIADEC's announcement to secure strategic investors for VALCO's modernization, alleging it's a rushed privatization without stakeholder consultation. In a press statement signed by the union chairman Mr Samuel W. Agyeman, the union demands transparency, citing secrecy and lack of valuation as red flags. According to them, they suspect a disguised sale, possibly linked to Ibrahim Mahama, and call on the President and SIGA to intervene. They called upon the director general of SIGA, Prof Michael Kpessa White to immediately look into the affairs of GIADEC with regard to VALCO. They added that, VALCO is not just a factory but a legacy given to Ghana by Osagyefo Dr Kwame Nkrumah which symbolizes industrial courage, national pride and promise of decent jobs for generations yet unborn. "We will not sit down and watch that legacy

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Published on 01/12/2026 22:04

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VALCO Workers Union Sounds Alarm Over Possible Stealth Sale.

The leadership of workers at Volta Aluminium Company Limited (VALCO) has expressed concern over GIADEC's announcement to secure strategic investors for VALCO's modernization, alleging it's a rushed privatization without stakeholder consultation.

In a press statement signed by the union chairman Mr Samuel W. Agyeman, the union demands transparency, citing secrecy and lack of valuation as red flags.

According to them, they suspect a disguised sale, possibly linked to Ibrahim Mahama, and call on the President and SIGA to intervene.

They called upon the director general of SIGA, Prof Michael Kpessa White to immediately look into the affairs of GIADEC with regard to VALCO.

They added that, VALCO is not just a factory but a legacy given to Ghana by Osagyefo Dr Kwame Nkrumah which symbolizes industrial courage, national pride and promise of decent jobs for generations yet unborn.

"We will not sit down and watch that legacy dismantle under our watch." They lamented.

Report by PKB

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