Audio By Carbonatix
The Government has authorized the immediate payment of outstanding severance obligations totaling 124 billion cedis to employees of nine divested State-Owned Enterprises (SOEs).
A statement by Public Relations Unit of the Ministry of Finance and Economic Planning signed by Ms Cecilia Akwetey said payment would be effected as soon as all the necessary paper work had been completed.
SOEs affected are State Construction Company; GIHOC Pharmaceuticals; Ghana Food Production Company; GIHOC Footwear Company; Pomadze Poultry; Aboso Glass Factory; Bonsa Tyre; GNTC and Ghana Food Distribution Corporation.
The statement said the Divestiture Implementation Committee would pay the severance awards due Ghana Food Distribution Corporation while the rest would be paid form the Government chest.
From GNA
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Recreation Minister Kofi Adams backs ‘Walk With Lexis’ set for December 6
8 minutes -
Milo U13 Championship reaches quarter-final with thrilling match-ups
1 hour -
From glut to growth – John Dumelo says value addition is the way forward
2 hours -
Feed Ghana, feed industry – Deputy Agric Minister Dumelo outlines new direction
3 hours -
Agric glut was political, not strategic – Chamber of Agribusiness Ghana boss warns of lost livelihoods
3 hours -
Food glut situation is no victory – Chamber for Agricbusiness Ghana CEO warns
3 hours -
Was Prince Harry referencing Trump in joke for Late Show sketch?
4 hours -
Arrest over fire petition stirs public debate in Hong Kong
4 hours -
Man who killed ex-Japan PM Shinzo Abe apologises to his family
4 hours -
Police recover $19k Fabergé egg swallowed by NZ man
4 hours -
Ireland among countries boycotting Eurovision after Israel allowed to compete
5 hours -
Grand jury declines to charge Letitia James after first case dismissed
5 hours -
Tanzanian activist blocked from Instagram after mobilising election protests
5 hours -
‘Not becoming of a president’: Somali-Americans respond to Trump’s ‘garbage’ remarks
5 hours -
More than 300 flights cancelled as Indian airline IndiGo faces ‘staff shortage’
5 hours
