Acting Managing Director, Ghana Stock Exchange, Ekow Afedzi The Ghana Stock Exchange (GSE) says it would soon reinstate Produce Buying Company (PBC) onto the market. This is based on some progress made by the companies in question to comply with the listing rules. The Acting Managing Director of the GSE, Ekow Afedzi who disclosed this […]
Tag: produce buying company
Ghana: Cocoa Farmers Undergo Training in Post-Harvest Management
Essiama — A training programme in good agricultural practices, agroforestry, integrated pest management and good environmental practices, was on Friday held for cocoa farmers at Essiama in the Ellembelle District of the Western Region. It was to also educate farmers on post-harvest management and forest protection and restoration to help them produce cocoa sustainably, obtain […]
Ghana Stock Exchange justifies suspension of PBC
Managing Director of the Ghana Stock Exchange, Ekow Afedzi The Ghana Stock Exchange (GSE) has justified the suspension of the cocoa buying firm Produce Buying Company (PBC) from the market, insisting the move is needed to protect investors. GSE Tuesday announced the suspension of PBC from the bourse, over its failure to publish its financial […]
PBC has GHC185m locked up in savings, loans firms – CEO
The Chief Executive Officer of Produce Buying Company (PBC), Kofi Owusu Boateng, has outlined some of the crippling financial constraints that have culminated in a protest by workers of the company. Among other things, Mr. Boateng said the company has “about GHC185 million” locked up in savings and loans companies. On Eyewitness News, he confessed […]
Ghana Stock Exchange justifies suspension of PBC
Managing Director of the Ghana Stock Exchange, Ekow Afedzi The Ghana Stock Exchange (GSE) has justified the suspension of the cocoa buying firm Produce Buying Company (PBC) from the market, insisting the move is needed to protect investors. GSE Tuesday announced the suspension of PBC from the bourse, over its failure to publish its financial […]
PBC to be suspended from Ghana Stock Exchange
CEO of Produce Buying Company, Kofi Owusu Boateng The Ghana Stock Exchange is to suspend the listing status of licensed cocoa buyer, PBC Limited, from the bourse, come this Thursday, August 15. It follows the company’s inability to comply with two requirements of the GSE, it said in a statement issued Tuesday morning. It mentioned […]
Sack PBC Board Chair, MD, others to revive company – Workers to gov’t
PBC has been bedeviled with a myriad of financial challenges Workers of the Produce Buying Company (PBC) are calling for the immediate removal of some principal officers they blame for the companies woes. They want persons such as the Board Chairman, Managing Director and other executive members sacked if government is determined to see a […]
PBC bailout: Government to save 25,000 jobs – Solomon Kotei
General Secretary of the Industrial and Commercial Workers Union, Solomon Kotei In spite of worker agitations about challenges facing the Produce Buying Company (PBC) Limited, the General Secretary of the Industrial and Commercial Workers Union (ICU), Solomon Kotei, says the Union is delighted over government’s decision to revamp the company, salvaging between 10,000 and 25,000 […]
Corruption scandal hits PBC; employees drop ‘stinky’ secrets
The Produce Buying Company(PBC) Ghana’s state cocoa buying company, Produce Buying Company (PBC) is reportedly on the brink of collapse due to huge debts. According to YEN.com.gh’s sources within PBC, the company has piled up inexplicable debts of over GHc500 million. The PBC has also reportedly refused to publish its 2017/2018 annual reports due to […]
Pass law to regulate sheanut industry – Jabaah
Mr John Bennam Jabaah, Deputy Minister Designate for the Northern Region has called for the passage of a new law to regulate the sheanut industry to prevent foreign licensed agents from exploiting the farmers. According to him, currently there is no law regulating the pricing and export of sheanut from Ghana and as such a […]
