Tag: STC
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STC lost over GH¢40M due to COVID-19 restrictions – Nana Akomea
The Managing Director of the State Transport Company (STC), Nana Akomea, says the imposition of COVID-19 restrictions has resulted in the loss of about GH¢48 million so far to the company. According to him, the company’s operations in neighbouring countries like the Ivory Coast, Burkina Faso, Togo and Benin, which proved to be very profitable,…
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STC blames 50% drop in revenue on Coronavirus-induced border closure
Managing Director of Intercity STC Coaches Limited, formerly State Transport Company (STC), Nana Akomea has blamed the continuous loss of revenue for the company, on the Coronavirus-induced border closure in Ghana. Ghana’s land borders remain shut, seven months on after they were initially closed on March 22 to curb the spread of the novel coronavirus…