• About
  • Advertise
  • Privacy Policy
  • Contact
Sunday, May 24, 2026
  • 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
in Vaultz Business

Aviation Minister says GACL Staff Have Been Misled Over Strategic Partnership

Maynard Championby Maynard Champion
July 9, 2020
Reading Time: 2 mins read
Minister For Aviation, Joseph Kofi Adda

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.

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.

ADVERTISEMENT

“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.

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.

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

Tags: AviationStaff of GACL
Share4Tweet3Share1SendSend
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

Related Posts

Dr. George Asafo-Agyei, GIPC’s Director of Monitoring and Evaluation, at the Business Forum in Accra
Vaultz Business

Ghanaian Businesses Urged To Expand Via Mauritius Route

May 23, 2026
Mr. Lateef Apau Wiredu, DCEO of GFZA, and Team, with Delegation from Danfoss Power Solutions
Vaultz Business

Global Tech Giant, Danfoss, Eyes Ghanaian Manufacturing Investment

May 22, 2026
Mr. Musah Sibiri Hamidu, DCEO of GFZA, and Panelists, at the 7th Africa Ports Forum
Vaultz Business

GFZA Outlines Special Economic Zone Transition at Africa Ports Forum

May 22, 2026
Mr. Simon Madjie, GIPC CEO, and Hon. Sampson Ahi, Deputy Minister for Trade, Agribusiness, and Industry, at the Ghana-EU Dialogue
Vaultz Business

Ghana Pivots to Industrial Transformation as European Investment Hits $16.24 Billion

May 22, 2026

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

Recent News

President Bola Ahmed Tinubu

Tinubu Clinches APC Presidential Ticket for 2027 Election

May 24, 2026
Chris Brown, R&B Singer

Chris Brown Receives Honorary Doctorate in Visual and Performing Arts Excellence

May 24, 2026
NPA Boss, Edudzi Tamakloe

NPA Boss Highlights Emerging National Energy Security Concerns

May 24, 2026
President John Dramani Mahama

Mahama: Districts Seeing Faster Development Under 80% Common Fund Transfer Policy

May 24, 2026
Kay Codjoe Image 4

A Cyber Coup d’État? Part III: NITA Bill Not Yet Law, But the Tollbooth is Already Open

May 24, 2026
Next Post
GHANA REVENUE AUTHORITY

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

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.

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

Discover the Details behind the story

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

Enter your email address