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Business News of Saturday, 29 March 2008

Source: GNA

Ghana Telecom Board Chairman warns staff on malpractices

Accra, March 29, GNA- Workers of Ghana Telecom, who would engage in malpractices such as stealing of company property, would be summarily dismissed and handed over to the police for prosecution, Board Chairman Nana Antwi Boasiako has warned.

Speaking at an award ceremony for 115 staffs, who retired from the organisation last year, the Board Chairman said any such workers would also lose all benefits due them after several years of sweat and toil for the company.

Citing the loss of cables worth thousands of dollars from the company's headquarters, Nana Boasiako asked those who were involved in the greedy and uncomplimentary behaviours to desist from such practices. He called on the staff and the retired officers to be vigilant to enable them assist in apprehending the saboteurs, who had been stealing the fibre and copper cables of the company, promising a handsome reward for information leading to the arrest of culprits. Nana Bosiako said the company would continue to tap the rich experiences of the retirees.

He said the Board and Management were working around the clock to enable the company undergo structural and organizational changes. Nana Bosiako said consequently, the Board has facilitated the procurement of a bond facility of 200 million Dollars from Iroko Securities of the United Kingdom to refinance the debts of the company to improve the mobile and fixed networks. He said the support units of company had become proactive and were seeking avenues to generate revenue to support the company's operations. Mr Dickson Oduro-Nyaning, Chief Executive Officer, urged staff to take the issue of security seriously, saying the situation where unauthorized people loitered in the premises of telecom facilities posed a great threat to security.

"I implore all staff to ensure that access to restricted areas is denied unauthorized people. Staff must also be vigilant in order to identify and flush out infiltrators," he said. Mr Oduro-Nyaning said management was putting measures in place to install security cameras at sensitive places to beef up security at the company.

He called for the total commitment of staff to the goals of the company to enable it to continue to provide the variety of telecom products and services to enable the company stay ahead in the telecommunication business.

Mr Oduro-Nyaning pledged management's support in retraining and development of staff to enable them to acquire the requisite skills to handle new equipment and apply new technologies. The retirees received gifts ranging from double door fridges, table-top fridges and television sets. 29 March 08