• About
  • Contcat Us
  • Privacy Policy
Thursday, February 2, 2023
Primenews.com.gh
No Result
View All Result
  • HomePage
  • Ghana News
  • Politics
  • Entertainment
  • Sports
  • HomePage
  • Ghana News
  • Politics
  • Entertainment
  • Sports
No Result
View All Result
Primenews.com.gh Logo
No Result
View All Result
Home general news

WAMCO denies laying off new workers

by PrimeNewsGhana
2018-01-09
in general news
WAMCO denies laying off new workers

WAMCO

90
VIEWS
Share on FacebookShare on TwitterShare on WhatsApp

READ ALSO

NHIS service tariffs increased by 10%

Gov’t launches ‘1D1F Enable Youth Initiative’ to create 16,000 jobs

ADVERTISEMENT
The Management of West Africa Mills Company Limited, WAMCO, a cocoa processing company in Takoradi has described as unfounded media reports that their short break in production was to lay off workers employed recently.
 
“The fate of the workers is not in a limbo as had been alleged by some of the workers themselves to newsmen. They would definitely be called to work after the proper measures are taken”, he stressed.
 
Frank Bednar, Deputy Managing Director of WAMCO explained that the company was in recession for close to three years because COCOBOD stopped supplying the company with beans.
 
{loadmodule mod_banners,nativeads}
 
He indicated that the company was a joint venture between Ghana Cocoa Board and a German investor and that several attempts to help revive the company those days were not successful.
 
Mr Bednar noted that when the new government  took over the current Chief Executive Officer (CEO) of COCOBOD,
 
Joseph Boahen Aidoo gave assurance that they would collaborate with the foreign investor to revive the defunct company based on which the majority shareholder pumped in more than  $2 million dollars to rehabilitate the various plants for full production to begin. 
 
“Some staff of WAMCO were recalled to undertake rehabilitation works at the Liquor plant which is the WAMCO 1 plant site and in September 2017, the company procured 500 metric tonnes of cocoa beans to test run the same liquor plant”. 
 
“WAMCO through the assessment period was able to produce and ship a total of 150 tonnes of liquor from the beans they procured”.
 
He noted that prior to the Christmas break, he made it clear to workers that the company needed to move from test run to full production but certain measures needed to be put in place. 
 
He explained that the majority shareholder needed to have the assurance from COCOBOD that it would be able to supply cocoa beans on regular basis to WAMCO to encourage the management and shareholders of the company to constitute a governing board to embark on salary negotiations. 
 
“Currently, WAMCO does not have a governing board and without it, we cannot negotiate on anything.
 
“So we have not started full operations even though currently all the machines are ready for production. Why should we spend money to rehabilitate the machines and shut the company down or lay workers off?
 
“The resumption of full production is not clear yet but I have already explained to the workers to be patient for the right things to be done then we will call them and even employ more”, he assured. 
 
 
 
According to the management of WAMCO, the company started with about 30 workers for the test run but indicated that the number would increase when the cocoa processing company starts full operations this year. 
 
WAMCO, which has been granted a free zone board status, comprises three factories, including; Expeller Plant, Cocoa Liquor Plant and Hydraulic Press Plant.
 
The first two plants are in WAMCO 1-Expeller Plant and the other at WAMCO 2.
 
The expeller plant uses the expeller methods for the extraction of butter from the cocoa beans.
 
 
The crude butter extracted is then purified, deodorised and packaged with the brand name, “Deodorised Butter”, and “Expeller Cocoa Cake.”
 
At the Cocoa Liquor Plant, roasted cocoa beans are winnowed and the nibs milled into a fine paste which is sterilised, cooled by tempering machine and blocked as Natural Cocoa Liquor.
 
The plant has a facility to alkalise the liquor.
 
Tags: CocoaCOCOBOD,Joseph Boahen AidooTOPSTORYWAMCO
ShareTweetSend
Previous Post

A guy tried to forcefully have sex with me in his office – Joselyn Dumas

Next Post

NSS personnel storm head office over unpaid allowances

Related Posts

NHIS service tariffs increased by 10%
general news

NHIS service tariffs increased by 10%

2023-02-01
Gov’t launches ‘1D1F Enable Youth Initiative’ to create 16,000 jobs
general news

Gov’t launches ‘1D1F Enable Youth Initiative’ to create 16,000 jobs

2022-12-24
Bawumia presents $2 million worth of mobile identification devices, Mobile Device Management System to Police
general news

8 money mistakes you shouldn’t make in 2023

2022-12-24
Bawumia presents $2 million worth of mobile identification devices, Mobile Device Management System to Police
general news

Bawumia commissions ultra-modern facilities, operational vehicles for Ghana Fire Service

2022-12-24
Bawumia presents $2 million worth of mobile identification devices, Mobile Device Management System to Police
general news

Bawumia presents $2 million worth of mobile identification devices, Mobile Device Management System to Police

2022-12-24
Databank shuts offices, staff to work from home due to threats
general news

Databank shuts offices, staff to work from home due to threats

2022-12-22
Next Post
NSS personnel storm head office over unpaid allowances

NSS personnel storm head office over unpaid allowances

gfa_logo

GFA announces football calendar for next three seasons

ADVERTISEMENT

TRENDING NEWS IN GHANA

GFA finally secures legal ownership of Ghanaman Soccer Centre of Excellence lands

GFA finally secures legal ownership of Ghanaman Soccer Centre of Excellence lands

2023-01-05
CHAN 2023: Black Galaxies line up friendlies against Algeria, Mozambique

CHAN 2023: Black Galaxies line up friendlies against Algeria, Mozambique

2023-01-05
Jury finds Canadian rapper Tory Lanez guilty of shooting Megan Thee Stallion

Jury finds Canadian rapper Tory Lanez guilty of shooting Megan Thee Stallion

2022-12-24
Gov’t launches ‘1D1F Enable Youth Initiative’ to create 16,000 jobs

Gov’t launches ‘1D1F Enable Youth Initiative’ to create 16,000 jobs

2022-12-24
Bawumia presents $2 million worth of mobile identification devices, Mobile Device Management System to Police

8 money mistakes you shouldn’t make in 2023

2022-12-24
Bawumia presents $2 million worth of mobile identification devices, Mobile Device Management System to Police

Bawumia commissions ultra-modern facilities, operational vehicles for Ghana Fire Service

2022-12-24
Bawumia presents $2 million worth of mobile identification devices, Mobile Device Management System to Police

Bawumia presents $2 million worth of mobile identification devices, Mobile Device Management System to Police

2022-12-24
Databank shuts offices, staff to work from home due to threats

Databank shuts offices, staff to work from home due to threats

2022-12-22
Pele

Pele’s cancer has advanced, says hospital

2022-12-22
Justin Bieber

Justin Bieber nears $200 million deal to sell music rights

2022-12-22
ADVERTISEMENT

Must Reads

Bawumia presents $2 million worth of mobile identification devices, Mobile Device Management System to Police

Databank shuts offices, staff to work from home due to threats

Pele’s cancer has advanced, says hospital

Justin Bieber nears $200 million deal to sell music rights

Parliament approves Gender Ministry nominees

Akufo-Addo swears in 15 Appeals Court Justices

About

A Prime Network Limited Website.

Follow us

No Result
View All Result
  • HomePage
  • Ghana News
  • Politics
  • Entertainment
  • Sports

©2015 - 2020 Primenews.com.gh

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.