Business News of Saturday, 18 January 2020

Source: Christopher Agbodo Ranson, Contributor

Overseas Commerce set to expand, exploit more opportunities in the future - CEO

Mr Boaz Amiel Mr Boaz Amiel

The Cheif Executive Officer of Overseas Commerce Ghana limited Mr Boaz Amiel has revealed his company will in the coming years expand its operations.

Mr Boaz Amiel in his address, said most importers of frozen foods and beverages were facing challenges when it comes to clearing of their goods at the port but the inception of Overseas company has made it easier for importers to clear goods in a fast and more convenient way.

According to him, with the introduction of a modernized bonded cold store warehouse by Overseas Commerce Ghana Ltd, importers will not have to be troubled in the clearing of their goods at the ports when they do not have adequate funds.

The CEO continued that the company has invested a lot of money to build their current facility to serve their cherished clients and is hoping to take the company to a greater height in the next four years.

About Overseas Commerce Ghana Limited

Overseas commerce Ghana limited is a recognized company established in Israel in 1967 by the maritime transportation company “Zim”, for the purpose of completing port services in response to periods of strikes at Israeli ports. In December 2016, the company became public upon the completion of an offer to sell shares to the public by the existing shareholders.

Today, the major shareholder of overseas commerce is Emilia Development, a strong group of company which was founded in 1952. The group holds about 20 private and public companies in the field of industry, services, distribution and logistics.

From its inception, the group maintains a strong financial base, with significant capital raising capability. Alongside the group’s business conservation, it keeps identifying and exploiting business opportunities in its area of activity.