Skip to main content

STC MD seeks public private partnership for operation



By: Raphael Apetorgbor

The Intercity State Transport Company (STC) will not seek further support from the Social Security and National Insurance Trust (SSNIT) for its operations again, the newly appointed Managing Director, Mr. Samuel Nuamah Donkor has stated.
The state transport firm is however seeking for a Private Public Partnership (PPP) with the private sector to fund its operations in order to turn around the economic woes of the company without the interference of its majority shareholder, SSNIT.
Mr. Nuamah Donkor told the press during it maiden management meeting in Accra that the STC will soon commerce digitizing its ticketing system so that customers can purchase their bus tickets online to avoid the long queues at the yard and thereby reducing congestion at the yard.
“We are interested in getting strategic partners to invest in the company so that we can reconstruct and get in new fleet of buses for our new routes,” he added.
He however noted that many people had proposed the complete privatization of the company, yet government had kept faith with its operations with the hope of transforming it into a viable and vibrant one to complement other private transport companies to provide quality services to the people.
He stated that the company is collaborating with the Driver and Vehicle Licensing Authority (DVLA)to establish a new vehicle testing and examination centre within its Accra yard.
The facility when established will help provide services on day and night basis to customers to reduce traffic and pressure at the DVLA offices.
The company was divested in 1997 under the Divestiture Implementation Programme, and the state pension fund manager, SSNIT, owns 80% as the majority shareholder, with the government of Ghana controlling the remaining 20%.

Comments

Popular posts from this blog

Deputy AG sues Facebooker over 'malicious' Ameri deal

The Deputy Attorney-General and Member of Parliament for Bolgatanga East, Mr Dominic Ayine has filed a defamation suit at an Accra High Court against a Facebook commentator, Evron Hughes.
In Mr Ayine’s statement of claim, sighted by Graphic Online, he accused Mr Hughes of defaming him in a post he authored and published on Facebook on December 21, 2015, titled “RE: AMERI TRANSACTION”.
According to the Deputy A-G, the “false and malicious” post has provoked “public disaffection” against him and exposed him to public ridicule and contempt.
Describing Mr Hughes as a “self-styled social media blogger and a social commentator”, Mr Ayine said the Facebook post had brought his hard-won reputation “as a respected politician, teacher and lawyer” into “hatred, ridicule, odium, discredit, contempt, opprobrium and reproach”.
The Deputy A-G said the “defamatory words” were authored with the sole intent to reduce him in the estimation of all right thinking Ghanaians, adding that he had received numerou…

Meet Ghanaian female shoemaker

The Saint Ozwald shoe brand

By: Fred Yaw SARPONG
The Daily Express

From her humble beginning in Sunyani in the Brong Ahafo region, a senior high female graduate from the Twene Amanfo Senior high in the Brong Ahafo Sunyani and a Ghanaian now boasts of being one of the most popular Made-in-Ghana shoe brands and has the most number of celebrity endorsements.
Sandra Ozwald, CEO of Saint Ozwald

After Sandrah Ozwald completed school in 2013, her parent couldn't have enough money to help her continue school so she planned to do something for herself by selling ice cream, groundnut cakes or food. Back at the senior high, Sandra used to make groundnut cakes, condensed toffees and ice cream to support herself since her mother couldn't provide all for her.

With 12 siblings and the only girl child (2nd born) among them, and whiles planning which of these to sell, Sandra attended a friend’s wedding and the grooms shoe looked so attractive to her.

According to her, the groom’s shoes were Ma…