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The Institute of Directors Ghana (IoD-Gh), has proposed to Government how the appointment of Chief Executive Officers (CEO) of State-Owned Enterprises (SOEs) should be done.

Delivering a speech during the virtual launch of the Institute’s 3rd edition of Directors’ Week Celebration on Tuesday, November 10, President of the Institute, Rockson Dogbegah, pointed out that appointment of CEOs of SOEs by Heads of State before the formation of Board of Directors defeats the principles and practices of good cooperate governance in the country.

“Ghana has a practice where CEOs of State-Owned Enterprises are appointed ahead of […]

At long last, Ghana is again taking leadership in construction industry development agenda within the West African region as a catalyst to development. Very soon the Construction Industry Development Authority (CIDA) 2020 bill will be passed by Parliament.

In fact, the passing of the CIDA 2020 bill will again put Ghana as the first country within the corridors of West Africa to make such giant strides, learning from the examples of Singapore, Malaysia, Hong Kong, United Kingdom, among others. It is important to recount the history of efforts made by stakeholders toward this all-important milestone as a […]

Asantehene, Otumfuo Osei Tutu II, unveils a plaque to inaugurate the new Faculty of Social Sciences Complex at the KNUST in Kumasi.

The Asantehene, Otumfuo Osei Tutu II, has inaugurated the Youth in Greenhouse Enterprise Project for the Kwame Nkrumah University of Science and Technology (KNUST), which seeks to create permanent employment opportunities for the youth in agriculture.

He also inaugurated the KNUST Islamic Centre.

Event

The Asantehene, who doubles as the Chancellor of the […]

The Construction Sector of the Association of Ghana Industries (AGI), has asked the Government to consider the establishment of a “special development fund” to cushion contractors “heavily impacted” by high overheads from halted works during the COVID-19 lockdown.

A press statement from the Sector, signed by its Chairman, Mr Rockson Dogbega, said COVID-19 had had its toll on both clients and contractors.

Contractors, it said, were faced with the challenges of fragmentation of the sector players – contractors, consultants, clients, and regulatory bodies.

It said a “special developmental fund” would, therefore, help surmount project financing hurdles and risks.

The statement said the […]

The Association of Ghana Industries (AGI) Construction Sector is asking Government to pay Advance Mobilization to enable contractors resourced effectively to undertake projects timely.

Advance Mobilization implies a monetary payment of funds made to the contractor for initial expenditure in respect of site mobilization, and a fair proportion of job overheads. The payment is expected to reduce contractors’ need for working capital.

In a release copied to the Goldstreet Business Tuesday, on key measures needed to be implemented to mitigate financial hardship on contractors as a result of delayed payment of funds, it noted that the non-adherence to payment timeline […]

The Kotoka International Airport Dog Kennel project was today January 30, 2020 commissioned and handover to the Client, Customs Division of the Ghana Revenue Authority.

In a brief ceremony to handover the facility, the Commissioner of Customs, Col. Kwadwo Damoah expressed his gratitude to the Government of Denmark and DANIDA for their support to Customs Division of GRA over the years. He indicated the wonderful offices constructed by Berock Ventures Ltd. was to complement the Dog Kennel for the Kotoka International Airport. 

Madam Brigit La Cour Madsen, the Deputy Head of Mission at the Embassy of Denmark expressed her gratitude […]

The National Director of the Rural Enterprise Programme on 5^th, 6^th & 7^th of November 2019 inspected the completed two-storey structures to be used as Business Resource centres at Ada, Sogakope, Atimpoku, Kadjebi, Kpeve, Kade, Kyebi and Konongo. The National Director, Mr. Kwasi Attah-Antwi was full of praise for the contractor, Messrs Berock Ventures Limited for good quality work done and completing the project in good time.

Mr. Freeman Gordor, the Project Manager for the contractor Messrs Berock Ventures thanked the Client, REP and AfDB for the opportunity given to them. He further thanked the […]

President Nana Addo Dankwa Akufo-Addo on Saturday, October 12, 2019 inspected ongoing construction of 10 kilometres of roads in Nkawkaw, Eastern Region, he commended the contractor, Messrs Berock Ventures Limited for a good work done and urge the contractor to complete the work on schedule.

The road construction works entailed the bituminous surfacing of Nkawkaw SHS-Domeabra Road (1.97kms); Agyakwa Hospital Road (1.6kms); Betrams-Asuogya Road (2.1kms); Adoagyiri/White House Road (1.98km); ADB-Assembly Road (0.5kms).

In addition are; Residency Road (2.2kms); Mococo Street (0.6kms); and Krofrom Street (0.7kms).

The President in the company of the Minister of Road and Highway, Eastern Regional Minister, Regional […]

Collaboration among key stakeholders is essential to the success of construction projects all over the world. Project participants have all agreed that collaboration among clients, contractors and consultants is one of the important ingredients for successful contracts and good contractual relationships.

Unfortunately, in Ghana there seems to be a complete disregard or ignorance of the provisions of the contract concerning the relationship among these stakeholders. This is seen especially between the main contractor and consultants resulting sometimes in a situation where some consultants are tempted to think that the main contractor is a subordinate to them and they treat them as […]

The Council for Technical and Vocational Education and Training (COTVET) will amend its regulations, by end of this year, to meet current demands in the technical educational sector.

The amendment, COTVET explained, will be aligned with government’s transformational agenda to meet existing demands, guidelines and materials used in teaching and learning in the country’s technical educational sector.

Recent concerns expressed by captains of industry are that graduates from most technical and vocational training institutions across the country do not meet the technical demands and skills requirement of the job.

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