Accra, GNA – Twenty-seven State-Owned Enterprises, including Tema Oil Refinery (TOR), Electricity Company of Ghana (ECG) and Ghana National Petroleum Corporation have been listed for divestiture.
The list released by the Divestiture Implementation Committee (DIC) in Accra on Monday said they have been put in four groups. These are large and strategic, medium-size SOEs (fully state owned), Joint ventures and small-size SOE’s (fully state owned).
A source at the DIC stand at the Ghana International Trade Fair 2000 told the GNA that Graphic Communications Group and New Times Corporation have been removed from the list.
State Insurance Company, State Housing Company, Mim Timber Company and the Electricity Company of Ghana would be divested under large and strategic group.
Ghana Publishing Corporation, Takoradi Press, Ghana National Procurement Agency, Ghana Re-Insurance Company, GNTC General Goods, Volta Lake Transport Company, Plant Pool, TOR and City Express Service are under the medium-size SOEs.
The rest under this category are Omnibus Service Authority, GHASEL, Asutsuare and Komenda, Ghana Airways Limited, Ghana Commercial Bank, GIHOC Distilleries, Benso Oil Palm Plantation and Ghana Consolidated Diamonds (GCD).
Ghana Sanyo Company Limited and Western Veneer and Lumber Company, which are under negotiation, fall under the joint venture group. Under the small-size SOEs category are GIHOC Footwear and Anyinase Oil Mills.
