Posts

Showing posts from October, 2017

Mrs Nduom build dormatory for her Alma mater

Image
Mrs Yvonne Sterlin Nduom in collaboration with Groupe Nduom has constructed an ultra modern dormitory for her Alma mater, Archbishop Porters Girls school in Takoradi in the Western Region. The dormitory block christened : Yvonne Sterlin Nduom is named after the benefactor  an old girl of the school who initiated and financed the project. The project forms part of Groupe Nduom's initiative of giving back to the society and the edge to improve quality  education  in the country. The new dormitory which was constructed by the York properties the construction arm of Groupe Nduom will accommodate over 200 students and has two bedroom flat as accommodation for house mistresses. Presenting the keys of the dormitory to the Headmistress of the School, Mrs. Mary Brako, Mrs.  Nduom stated that her passion for girl child education motivated her to build for the school. " Education is very dear to my husband and l so we have set up an education  fund whi...

GREL TO KICK START BUILDING NEW FACTOY SOON

Image
Ghana Rubber Estate limited ( GREL) will soon construct a second  rubber processing factory at Apimanim in the Ahanta West of  the Western region to increase  its production and export of processed  rubber. The project is estimated to cost 25 million euros and will see it completed in 2020. The new factory forms part of GREL’s initiative to increase rubber production and processing to meet the raising demand of rubber on the global market. Per  GREL’s record, in 2016 the consumption of natural rubber stood at 9.4 million tons and it Is projected to shot up to 11.9 million tons in 2020 and 14.4 million tons by 2035, making it  necessary for GREL to expand its capacity to enable it process and export more latex to rake in foreign exchange for the country. In an interview with the Project Engineer, Mr Selassie Zoiku, he disclosed that the first phase of the project  will be completed by the end of October 2017 and by March 2018 the 2nd phase...

PPA SETS UP DUE DELIGENT UNIT TO FIGHT CORRUPTION

Image
The Chief Executive Officer of Public Procurement Authority , Agyemang Boateng Adjei has disclosed that his outfit is poised in curbing the wastage of the nation’s revenue through  contract that government undertake  under  sole sourcing. Mr Agyemang Boateng Adjei disclosed that his outfit has currently established a due diligent unit tasked to scrutinize all applications made to the Authority for sole sourcing to ensure that contractor who bid for sole sourcing meet the criteria as specified by law. “ The Due Diligence Unit is tasked to investigate ant application for sole sourcing, it will investigate contractor to find if the contractor has SNITT, VAT clearance, a Certificate from Ministry of Works and Housing, because on most occasions contractors who bid for sole sourcing do not meet these requirement” he says Over the years the public purse have been milk dry by contracts executed under sole sourcing, the recent one is the over bloated 130 million which th...

CRIMINALIZE SIDE SELLING OF RUBBERS - GREL CEO

Image
Managing Director of the Ghana Rubber Estates Limited (GREL), Lionel Barre is calling on government to as matter of urgency halt  private individuals from buying rubbers from farmers and exporting them in their raw state. According to him this is causing government of Ghana to loose millions of foreign  exchange hence "government should immediately introduced policy to stop this nefarious activity and make it criminal ". He made this revelation during the Second edition of media encounter which was yield at its Head Quarters in Takoradi  to educate journalists of it activities. Ghana Rubber Estate Limited, a public-private initiative which deals in the production and  exports nearly 100% of its natural rubber produce abroad, raking in millions of foreign exchange. Mode of Operation Government of Ghana secures loans from Agriculture Development Bank and  National Investment Bank for farmers to invest in their rubber plantation. And by memorandum of ...