The government is disposing off public enterprises with phenomenal speed. The APRC administration has been very vocal in criticizing the PPP regime for its privatisation scheme. The sale of the GPMB for 20 million dalasis which was paid in three installments was frequently mentioned and the APRC went as far as to accuse the buyers of money laundering and ceased their properties. The owners have been compensated and GGC is up for privatisation again. After spending 11.4 million dollars compensation scheme with GGC Alimenta which was equivalent to over 300 million dalasis at the then exchange rate, one should wonder how much government is to gain by privatizing the enterprise. GPMB was the biggest employer among all the parastatals. Now the situation is different. The very survival of GGC is at stake, so is the future of the employees like most parastatals.
The government gave the impression in 2006 that it would undertake a "Redundancy and Compensation framework study" in order to protect the vital interest of the public sector employees in the face of divestiture.
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