Tag: Produce Buying Company
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Ghana Stock Exchange to suspend PBC’s listing
The Ghana Stock Exchange (GSE) 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 the breached regulations as failure to publish…
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PBC bailout: Government to save 25,000 jobs
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), Mr. Solomon Kotei, says the Union is delighted over government’s decision to revamp the company, salvaging between 10,000 and 25,000 jobs. Speaking to Business Finder, Mr. Kotei recalled that a…
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Produce Buying Company needs financial bailout — workers reveal
Workers of the Produce Buying Company (PBC) Limited have appealed to the government for a bailout to enable the company service its debt and re-profile its short term maturing debt to a long-term one. This, they said, would give the company the needed space to recover and retire all debt properly to ensure that it…