• About
  • Advertise
  • Privacy Policy
  • Contact
Monday, October 20, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

Aviation Minister says GACL Staff Have Been Misled Over Strategic Partnership

M.Cby M.C
July 9, 2020
Reading Time: 2 mins read
M.Cby M.C
in Vaultz Business
0
Aviation Minister says GACL Staff Have Been Misled Over Strategic Partnership

Minister For Aviation, Joseph Kofi Adda

The Minister of Aviation, Joseph Kofi Adda says the Ghana Airports Company Limited (GACL) staff have been misled over a “blatant lie” over governments intentions of selling the airport.

The Board of the Company has not yet begun formal negotiations with the proposed strategic partner even after receiving Executive approval from President Akufo-Addo, according to him.

Addressing the press, Mr Adda emphasized that negotiations have not commenced because the Board is still assessing the scope of the Executive approval. This comes a day after workers of the GACL embarked on a demonstration to register their displeasure over government’s alleged plan to privatise the company.

RelatedPosts

Millions Lost to Mobile Money Scams as Cyber Fraud Skyrockets in Ghana — CSA Raises Alarm

IMANI Africa and ISSER to Present Groundbreaking Research on Ghana’s Digital Assets and Credit Guidelines at MTN MoMo’s Fintech Forum

Importers and Exporters Applaud BoG’s $1.15bn Forex Boost

He said also that there is a lot of falsehood in the system and also revealed that the Union did not approach them for details.

“We have not even written to the strategic partner, so how can you say we are selling the company. We have not invited them formally. Yes, they have made presentations to us on what they intend to do.”

He added

“There is nothing formal in terms of a technical proposal, financial or whatever. So, I want it to be very clear that there has not been any effort or any attempt to sell the company, to privatise it or to sign an agreement.

“The union has been misled, for whatever reason, I do not know. I do not want to suggest political motivation but if there are politicians behind them well, unfortunately from Ghana everything has been politicised but they are the same ones who will benefit if this thing happens well”.

He assured that any future agreement with the strategic partner will be to expand the operations of the Airport which will lead to job creation and not job losses.

The Minister stated that there are already strategic partnerships between the GACL and private companies in the aviation sector. He said agreements with Swissport Ghana Limited and Aviance Ghana had proved beneficial to the country and not resulted in the sale of any national assets.

ADVERTISEMENT

Mr Adda stressed that these agreements would serve as experience in negotiating a future strategic agreement.

Mr Adda further explained that such agreements are essential to the development of Ghana’s airport infrastructure because the GACL is not attractive to lenders because of a $300 million legacy debt from the construction of Terminal 3 of the Kotoka International Airport.

Background

This comes after the Public Service Workers’ Union at the Ghana Airports Company Limited demonstrated yesterday against the supposed engagement of a Turkish frim, TAV-Summa Consortium, as a strategic partner for the management of the Ghana Airports Company Limited.

Tags: AviationStaff of GACL
Please login to join discussion
Previous Post

Every rape victim enjoys it – Ghanaian rape apologist claims

Next Post

Challenges with clearance at the ports is because importers do not understand ICUMS – GRA

Subscription Form

Related Posts

Millions Lost to Mobile Money Scams as Cyber Fraud Skyrockets in Ghana — CSA Raises Alarm
Vaultz Business

Millions Lost to Mobile Money Scams as Cyber Fraud Skyrockets in Ghana — CSA Raises Alarm

October 19, 2025
IMANI Africa and ISSER to Present Groundbreaking Research on Ghana’s Digital Assets and Credit Guidelines at MTN MoMo’s Fintech Forum
Vaultz Business

IMANI Africa and ISSER to Present Groundbreaking Research on Ghana’s Digital Assets and Credit Guidelines at MTN MoMo’s Fintech Forum

October 14, 2025
Importers and Exporters Applaud BoG’s $1.15bn Forex Boost
Vaultz Business

Importers and Exporters Applaud BoG’s $1.15bn Forex Boost

October 9, 2025
No Business Can Survive This! — GUTA, FABAG Blast Government Over Tariff Hikes
Vaultz Business

No Business Can Survive This! — GUTA, FABAG Blast Government Over Tariff Hikes

October 7, 2025
AfCFTA and Afreximbank Ignite New Push to Break Barriers and Scale Trade Across Africa
Vaultz Business

AfCFTA and Afreximbank Ignite New Push to Break Barriers and Scale Trade Across Africa

October 3, 2025
Africa’s $6 Trillion Trade Opportunity: GEPA Rallies Nations to Unlock Intra-Continental Power
Vaultz Business

Africa’s $6 Trillion Trade Opportunity: GEPA Rallies Nations to Unlock Intra-Continental Power

September 30, 2025
General News

Three Arrested Over Shooting Incident at Celebrity Golf Club

by Silas Kafui AssemOctober 19, 2025
Millions Lost to Mobile Money Scams as Cyber Fraud Skyrockets in Ghana — CSA Raises Alarm
Vaultz Business

Millions Lost to Mobile Money Scams as Cyber Fraud Skyrockets in Ghana — CSA Raises Alarm

by M.COctober 19, 2025
NPP Presidential Primaries: Bawumia Most Marketed Candidate—Prof. Nortey
General News

Bawumia’s Team Confident of Primary Win, Insists 2028 Victory Hinges on Unity

by Emmanuel Tibila BoasahOctober 19, 2025
Zenith Bank Ghana at 20: CEO Henry Onwuzurigbo Pledges New Era of Innovation and Excellence
Banking

Zenith Bank Ghana at 20: CEO Henry Onwuzurigbo Pledges New Era of Innovation and Excellence

by M.COctober 19, 2025
Energy Minister Pays ECG a Working Visit, Warns Staff Over Malfeasance
Extractives/Energy

Energy Minister Pays ECG a Working Visit, Warns Staff Over Malfeasance

by Bless Banir YarayeOctober 19, 2025
ECG to Pay Over GHS400 Million to Sector Player
Extractives/Energy

PURC Reaffirms Commitment to Fair, Reliable, and Affordable Utility Services 

by Prince AgyapongOctober 19, 2025
Millions Lost to Mobile Money Scams as Cyber Fraud Skyrockets in Ghana — CSA Raises Alarm
NPP Presidential Primaries: Bawumia Most Marketed Candidate—Prof. Nortey
Zenith Bank Ghana at 20: CEO Henry Onwuzurigbo Pledges New Era of Innovation and Excellence
Energy Minister Pays ECG a Working Visit, Warns Staff Over Malfeasance
ECG to Pay Over GHS400 Million to Sector Player

Recent News

20251019 181231 edited

Three Arrested Over Shooting Incident at Celebrity Golf Club

October 19, 2025
Millions Lost to Mobile Money Scams as Cyber Fraud Skyrockets in Ghana — CSA Raises Alarm

Millions Lost to Mobile Money Scams as Cyber Fraud Skyrockets in Ghana — CSA Raises Alarm

October 19, 2025
NPP Presidential Primaries: Bawumia Most Marketed Candidate—Prof. Nortey

Bawumia’s Team Confident of Primary Win, Insists 2028 Victory Hinges on Unity

October 19, 2025
Zenith Bank Ghana at 20: CEO Henry Onwuzurigbo Pledges New Era of Innovation and Excellence

Zenith Bank Ghana at 20: CEO Henry Onwuzurigbo Pledges New Era of Innovation and Excellence

October 19, 2025
Energy Minister Pays ECG a Working Visit, Warns Staff Over Malfeasance

Energy Minister Pays ECG a Working Visit, Warns Staff Over Malfeasance

October 19, 2025
ECG to Pay Over GHS400 Million to Sector Player

PURC Reaffirms Commitment to Fair, Reliable, and Affordable Utility Services 

October 19, 2025
The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

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

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

Discover the Details behind the story

Get an in-depth analysis of the news from our top editors

Enter your email address