Audio By Carbonatix
About 1400 workers of the Juapong Textiles Factory in the Volta Region have been asked to go home, JoyNews has learnt.
The job cut comes after power supply to the grey baft-producing company was cut following failure of the company’s management to pay its huge electricity bills reported to be around 20 million cedis.
The company has not had power for the past three weeks. Workers of the company say they are in dire financial need.
The woes of Juapong textile has been a long standing problem.
The company has not been able to secure a reported 15 million cedis worth of capital to revamp its operations.
Efforts to reach the management for a reaction on the operational challenges have proved futile.
Secretary-General of the Textiles Workers Union Abraham Koomsom points out that the major cause of the company’s decline was the pirating of designs in the textiles industry.
The cheap imported designs from China made it very difficult for the company to break-even, Koomson argued.
Grey-baft which is the raw material processed to make textiles makes the eventual design uncompetitive compared to the cheap imports.
“That is why no investor would want to put in money. Nobody would do it”, he said.
He said not even a take-over of Juapong Textiles by the Trade Ministry could save the company.
The trade unionist warned that if government does not address the central problem of piracy, Juapong Textiles and other textiles companies will not stand a chance.
He urged the workers to emulate their Nigerian counterparts and demonstrate daily to draw government attention to piracy.
Abraham Koomson said he is willing to help the workers organize daily protests.
Latest Stories
-
Court denies businessman accused of allegedly beating his girlfriend to death bail
9 minutes -
Amin Adam commissions 12-unit classroom block at former school NOBISCO
17 minutes -
We must build infrastructure, not just policy papers – Matilda Asante-Asiedu
18 minutes -
COCOBOD signals new funding model for 2026/27 cocoa season at 2026 ACFIF Conference
48 minutes -
Early UK local election results point to big losses for Starmer’s Labour PartyÂ
50 minutes -
I authorised OSP to prosecute cases – Former AG Godfred Dame
58 minutes -
EOCO declares three women wanted over alleged financial loss to state
1 hour -
2025 WASSCE results decline due to lack of clear education formula — Dr Osei Adutwum
1 hour -
Ghana’s governance transition system is one of the poorest globally — Dr Osei Adutwum
1 hour -
“Do Africans Live on Trees?” — Dr Osei Adutwum recalls facing stereotypes while teaching in America
1 hour -
East Gonja: Tipper truck accident kills 4, one critically injured at Kinkinlin near Makango
1 hour -
Reposition TVET to drive SME growth and youth employment — Development Expert
1 hour -
A stranger’s kindness helped my brother reach Germany and opened my path to America — Dr Osei Adutwum
1 hour -
Gender Ministry monitors North Legon child abuse case, says victim is responding to treatment
2 hours -
Free SHS remains free – GES rejects claims of GH¢1,700 feeding fee
2 hours