Divestiture fetches 134 billion cedis

Total divestiture proceeds accruing from the sale of more than 100 state-owned enterprises (SOEs) stood at 134,212,579,819 as at December 1996.

The amount excludes proceeds from the divestiture of the Ashanti Goldfields Company, the Ghana Commercial Bank, Social Security Bank and Ghana Telecom.

Mr Emmanuel Agbodo, Executive Secretary of the Divestiture Implementation Committee (DIC) who disclosed this at the weekend, said 67,526,113,000 cedis of the total proceeds has been paid leaving a balance of 66,686,468,000 with the investors.

You may like

Gov’t set to present Ghana Scholarship Authority Bill to Parliament

Suzzy Pinamang undergoes successful eye surgery in UK

Andy Yiadom Extends Stay at Reading FC as Royals Captain Eyes Comeback

Two arrested in Wassa Akropong for tampering with credit-sold mobile phones

Court sentences gospel singer to death for gruesome murder of ‘lover’

Court fines two fishmongers for receiving stolen tilapia

Public notice

Mobile applications

Our mobile app is optimized for your phone. Download it for free!

Connect With Us

© 2025, dailypost | All Rights Reserved.
WP Radio
WP Radio
OFFLINE LIVE