Govt settles on PWC as advisors for national airline

Government has settled on audit and professional services firm PricewaterhouseCoopers (PWC) as transaction advisors for the new national airline for Ghana.

Citi Business News on July 15 reported that the World Bank was expected to give a no objection to the selection of PWC before the deal would be sealed.

The Ministry of Transport, earlier told Citi Business News, that, PWC was the only company that showed interest and submitted a bid.

The national airline will be run on a public-private partnership basis, and PWC is expected to advise government on the ownership structure, funding, business model and routes among others.

The Ministry of Transport is expected to sign a contract with Price-Water-House-Coopers today, August 20th, 2014 over the move.

This is Ghana’s third attempt at running a national airline.

The previous two collapsed due to debt and mismanagement.

 

By:  Rabiu Alhassan/citifmonline.com/Ghana