Joseph Cudjoe

18 Jul

Government To Maintain Shares Of Some Defunct SOEs – Ministry Of Public Enterprises

wontumionlineBusinessJoseph Cudjoe, State Owned Enterprises

The Head of Communications at the Ministry of Public Enterprises, Paa Kwesi Agyefi, says not all 17 defunct State-Owned-Enterprises (SOEs) will be sold outrightly. He said the Government would have shares in some of the affected companies. “Cabinet is still considering (the options). Some for outright sale, and others may be equity…So, it is not the case that the Government is selling everything to private businesses”, Mr Agyefi told the Ghana News Agency (GNA) in an interview. Mr Agyefi said: “Case by case, it will be determined whether the Government will have shares or sell it outright.” Mr Joseph Cudjoe,…

13 Jul

Government To Sell Assets Of 17 Defunct Soes – Minister

wontumionlineBusinessJoseph Cudjoe

The Minister for Public Enterprises, Joseph Cudjoe, has announced the Government’s intention to dispose of assets of 17 inactive State-Owned-Enterprises (SOEs) to save costs. The Cabinet, he said, had already approved the processes for evaluation of the assets of the affected SOEs and within the next few months activities for disposal would begin. Some of the SOEs whose assets would go on sale included the Aboso Glass Factory’s Central Stores, the bungalow of the Bolgatanga Meat Factory, Bonsa Tyre Factory’s Clinic, the research laboratory of the Ghana Consolidated Diamonds, the regional office of the Ghana Food Production Corporation at Srodae and…