McDAN Archives - Wontumi Online

30 Mar

ECG Disconnects Power To Mcdan’s Salt Company Over GH¢300,000 Debt

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A salt mining company belonging to businessman, Dr Daniel McKorley, has seen its electricity power supply cut off from the national grid due to a GH¢300,000 debt owed to the Electricity Company of Ghana, a myjoyonline.com report has said. The development follows an exercise carried out by the ECG Revenue Taskforce, which embarked on some checks within the Ada District. The power distribution company said that the meters installed at the premises of Electrochem Ghana Limited, the salt-mining company, have been tampered with, forcing the ECG to cut off power supply to the company. The External Communications Manager of ECG,…

27 Mar

Daniel McKorley Urges Students To Take Advantage Of Skills Offered By RMU

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The Executive Chairman of McDan Group of Companies, Dr. Daniel McKorley has charged fresh students of the Regional Maritime University to explore the various academic opportunities being offered by the university to become well-rounded individuals with employable skills. He explains that students with relevant skills have a competitive edge in the maritime industry. Speaking at the 20th and 8th Matriculation ceremony of the Regional Maritime University, Dr. McKorley urged the students to set their priorities right. “During your years on this campus, one of your most important responsibilities is to shape yourself and make the best use of the freedom…

10 Jan

More Businesses Will Collapse This Year – McDan

wontumionlineBusinessBusinesses, Economy, Ghana, imf, McDAN

Ghanaian business magnate, Daniel McKorley, popularly known as McDan, says more Ghanaian businesses will collapse this year. According to the entrepreneur, this is due to the precarious exchange rate between the cedi and the major foreign currencies, coupled with the country’s ailing economy. In an interview on Joy FM, he noted that given his projection about the fate of businesses this year, individuals must sit up and devise innovative means to navigate the impending challenges. ‘A lot of businesses are collapsing I can tell you and you have not seen anything yet. More businesses are going to collapse, looking at…

05 Jan

Maiden Edition Of McDan New Year Business Forum Slated For January 5

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2022 was a turbulent year for businesses globally. With escalating oil prices, excessive inflation, volatile exchange rates, a weakened dollar, and the effects of Covid-19 and the Russian-Ukraine war, it was a very challenging year for businesses globally, especially in Africa, and Ghana in particular. For us to thrive as individuals, businesses and a country as a whole, it is imperative that we take stock of the happenings of the year 2022, understand the unique challenges that we were faced with, the havoc it wreaked on our business, the makeshift solutions that enabled us to keep our heads afloat, and…

16 Nov

McDan Suspends Salt Development For 3 Months

wontumionlineNewsMcDAN

Electrochem Ghana has issued a release indicating a cutoff date on which all local mining activities would cease in the company’s concession at Ada Songor. According to a Press Release issued by the company, it indicated that pending the completion and handing over of community pans in Toflokpo, Bornikope and other communities who are currently engaged in the local salt mining activity, the cutoff date for local mining operations is 31st January 2023. This, it said is part of its desire to “support local economic development and improved household income and livelihood, and in consideration of the current economic conditions…

19 Oct

Asamoah Gyan, McDan Honoured By Ghana Tennis Federation

wontumionlineSportsAsamoah Gyan, McDAN

The Ghana Tennis Federation (GTF) as part of activities marking the historical first-time hosting of the Confederation of African Tennis (CAT) Annual General Meeting (AGM), held a Gala Dinner and Awards Night which served as a prelude to the CAT AGM on Saturday the 15th at Accra City Hotel. President of ITF, David Haggerty, who was visiting West Africa for the first time, was the Guest of Honor. He was accompanied by President of CAT Tarak Cherif and ITF Executive Director Luca Santilli. The Awards Night, the first of its kind in the Ghanaian tennis community, acknowledged the supportive contributions…