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Gov’t Treatment of Zoomlion Threatens Investor Confidence – UPSA Lecturer Warns

The recent decision by government to review or decentralize sanitation contracts with Zoomlion Ghana Limited could send the wrong signals to investors and disrupt the gains made in the country’s waste management sector, a senior academic has warned.

Dr. Eric Boachie Yiadom, a Senior Lecturer and Climate Finance and Sustainability Expert at the University of Professional Studies, Accra (UPSA), has expressed concern over what he describes as unfair treatment of Zoomlion, a subsidiary of the Jospong Group of Companies, by state authorities. 

According to him, the approach could discourage future investments in the sector.

“We need to understand the cycle of industry. An industry has been built up to a certain standard and all that we need to do is to regulate and reduce any monopoly if there is one,” Dr. Boachie Yiadom said. 

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According to him, “But to say that you are going to decentralize and allow those without capacity to come in, when a lot of investment has already been made is simply not fair.”

He said when Zoomlion started their operations, Ghanaians gave them the name Borla so Gyata, literally meaning lion of waste dump. “Over the years, they have built a multimillion dollar business with massive investments and if you take away the job, what are they supposed to do with the equipment and the people they have hired and trained over the years?” he quizzed?

Dr. Boachie Yiadom made these remarks during a Panel discussion at the 2025 Environmental and Sustainability Summit held at the Alisa Hotel in Accra on Tuesday, June 24, 2025. 

The event, organized by the Business and Financial Times (B&FT), had the theme “Ending Plastic Waste in Ghana: A Sustainable Future for All.”

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The UPSA lecturer questioned the logic of weakening an industry that has taken years to develop. 

He said, “You cannot just go into the waste sector without the infrastructure, the expertise, or the systems. This industry has grown beyond where it used to be. If anything, government should support and help modernize the operations of players like Zoomlion, not weaken them.”

He said just as the oil industry cannot be decentralise for all to partake, so is the waste management industry which has been developed by the Jospong Group.

He called for more coherent national strategies that support long-term sustainability plans, especially for private sector players that have shown commitment to environmental goals.

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 According to him, “We talk about sustainability, but are we prepared to support sustainable business models and back them with fiscal incentives? One major thing missing in the conversation is the fiscal aspect that gives tax incentives to those who promote reuse and bring in recyclable materials.”

Dr. Boachie -Yiadom concluded with a call to action: “We should be serious about the things we talk about. It’s not enough to dump the problem somewhere. We must coordinate recycling efforts and support the institutions that have gathered the expertise and built the infrastructure.

” That’s how we’ll attract more investment—not by dismantling what’s already working,” he said.

Ing. Dr. Glenn Gyimah, General Manager of the Green Transitions Office at Jospong Group, revealed that the company is currently implementing a pilot project on single-use plastics in collaboration with the Global Environment Facility (GEF) and the United Nations Industrial Development Organization (UNIDO).

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“In partnership with IRECOP and our Accra plant, we are demonstrating how single-use plastics like PET bottles can be shredded, processed into yarn, and recycled into fibers with high market value,” Dr. Gyimah said. “We’ve proven that our systems work. What we need now is commitment from government and assurance of environmental integrity,” he added.

He noted that the Jospong Group has created a multimillion-dollar enterprise with proven models that require long-term protection and strategic partnerships.

 “In other countries, the private sector receives massive support from government, including funding and regulatory protection. That’s what we need here too,” he said.

Dr. Gyimah added that conversations are ongoing with both local and international off-takers to strengthen Ghana’s recycling value chain and turn waste into economic assets. “We are not just managing waste; we are creating value. And this is a capital-intensive industry that needs backing, not disruption.”

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Opening the summit, Minister for Environment, Science, and Technology, Murtala Mohammed, acknowledged the urgent need to reduce plastic waste through low-impact urban practices. 

He emphasized the role of circular economy models, calling for a national forum to unite polluters, producers, and policymakers to tackle the plastic menace.

According to the World Bank, Ghana generates approximately 1.1 million tonnes of plastic waste annually, but recycles only five percent of it. 

The Council for Scientific and Industrial Research (CSIR) further estimates that over 250,000 tonnes of plastic waste leak into the environment each year clogging drains, polluting freshwater bodies, and contributing to severe flooding in urban centres.

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Gov’t to build new public technical university in Western Region – Pres. Mahama

President John Dramani Mahama has announced that his government will build a new public technical university in the Western Region to expand access to technical and vocational education for young people.

In a speech at the Jubilee House during a courtesy call by the Paramount Chief of the Essikado Traditional Area, Nana Kobina Nketsia V, and other members of the Western Regional House of Chiefs, President Mahama said the new university forms part of a broader plan to prepare the region’s youth for emerging job opportunities in mining, oil and gas, agribusiness, and digital industries.

He explained that the technical university will be designed to meet the practical needs of industries in the region and across the country.

According to him, this move is crucial to Ghana’s long-term development goals, especially as the Western Region continues to contribute significantly to the national economy through natural resources.

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“The Western Region holds immense potential to lead Ghana into a new era of industrialization and job creation. But we must equip our young people with the right skills. That is why we are building a new public technical university here” the President intimated.

He added that this new institution will work alongside other youth-focused programs, including a region-wide employment initiative focused on agri-tech, tourism, green jobs, and digital entrepreneurship.

President Mahama revealed plans to upgrade the Effia Nkwanta Regional Hospital into a modern teaching hospital that will serve as a referral center for the Western and Western North regions.

This, he said, would improve healthcare delivery and provide training grounds for medical students.

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He assured the chiefs that these initiatives would help bridge development gaps and ensure that the youth in the region have better access to education, training, and jobs.

The President urged the chiefs to support these efforts by promoting peace, unity, and development in their communities.

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Oil-producing communities in Western Region to benefit from sea defense and social projects – Prez Mahama

President John Dramani Mahama has assured that coastal communities in the Western Region affected by oil and gas activities will see direct improvements in infrastructure, sea defense, and social services under his next development agenda.

The president made it clear that the discovery of petroleum in the region must be a blessing and not a burden.

He stated that towns like Essiama and Anochie, located in the oil-producing enclaves, would benefit from better roads, bridges, schools, health facilities, and agribusiness support as part of the government’s commitment to inclusive development.

He explained that the government is expanding sea defense projects along the coast to protect fishing communities from tidal wave erosion.

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These efforts, he noted are also aimed at preserving marine livelihoods and supporting the coastal economy.

President Mahama revealed that the government will establish a dedicated oil and gas services hub at the Takoradi Port through a public-private partnership.

He said the expansion of the port would include new container terminals and dry bulk facilities to boost exports and reduce delays for vessels.

He added that the (Local Content and Local Participation) Regulations, 2013 (L.I. 2204) would be strengthened to ensure young people in the Western Region gain access to petroleum jobs, contracts, and technical training.

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The president also announced that the Ministry of Energy had been directed to renegotiate land arrangements with landowners around the planned petroleum hub.

He said the government will release unused portions of land back to communities and pay compensation for land that will be used, starting with 5,000 hectares instead of the initially acquired 20,000 hectares.

He stressed that oil wealth must translate into better living conditions for the people whose lands and livelihoods are affected by exploration and production activities.

Jacob Aggrey

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