Kobina Tahiru Hammond, the Minister of Trade and Industry, has addressed payment concerns surrounding the lease of the Komenda Sugar Factory to West Africa Agro Limited, an Indian-based firm. According to him, Ghana will not pay the company but rather receive a yearly rent payment of over one million dollars. …
Read More »Govt to lease Komenda sugar factory for 15 to 20 years
The government is set to lease Komenda Sugar Development Company Limited to an Indian-based firm, West Africa Agro Limited for a renewable term of 15 to 20 years. Minister of Trade and Industry K.T. Hammond states that this initiative aims to revive the company’s operations to meet domestic demand. The …
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