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GREL pays GH¢1.35 million bonus to loyal rubber farmers
● Mr Loenel Barrre, MD GREL
The Ghana Rubber Estates Limited (GREL) has paid GH¢1.35 million to 790 rubber outgrower farmers who have continuously sold rubber to the company.
The payment known as “Fidelity Bonus’ was to reward the rubber outgrower farmers who demonstrated total loyalty to the company by delivering rubber cup lumps to the weigh bridges and processing factories for eight consecutive months during the 2022-2023 agriculture season.
In a communique to the outgrower farmers, the GREL said it really appreciated the long-standing relationship with its outgrower farmers and the payment was to show appreciation and to boost their morale and also to encourage other outgrower farmers to be loyal to the company.
GREL started as a small private plantation established by R. T. Briscoe in 1957 at Dixcove with a plantation size of 923 hectares.
The plantation was nationalised into Agricultural Development Corporation (ADC) in 1960 and later, State Farms Corporation in 1962. At that time, the rubber plantation had expanded to Abura and Subri.
The Ghana Government, in 1967, established a joint venture company with Firestone Tyre Company of USA to take over the rubber plantation. This joint venture company was Ghana Rubber Estates Limited (GREL).
GREL became wholly state-owned in 1980 when Firestone sold its shares in GREL to the Ghana Government.
However, the Ghana Government entered into a financing agreement with the then Caisse Française de Development (CFD) now Agence Française de Development to rehabilitate and manage the company’s rubber plantation and to build a new rubber processing plant at Apimenim.
After the rehabilitation in 1996, the French management company, Societe Internationale d Plantation d’ Hevea (SIPH) became the major shareholder of the company.
By Peter Gbambila
The prosecution has officially rested its case in The Republic v Solomon Asamoah & Another, the high-profile legal battle commonly referred to as the “Sky Train” case.
The Deputy Attorney General Justice Srem Sai announced the development, praising the state’s team of hard-working prosecutors for successfully anchoring the state’s evidence before the High Court.
The criminal trial centers on the former Chief Executive Officer and the former Board Chairman of the Ghana Infrastructure Investment Fund (GIIF).
The duo stands accused of illegally authorizing and paying out US$2 million to a foreign company without obtaining board directives or other mandatory statutory approvals.
State investigators have confirmed that the disbursed millions cannot be found.
Following the closure of the prosecution’s case, the accused persons moved the court for an opportunity to file a submission of no case.
The presiding judge granted the application, ordering the defense to submit their arguments by June 8.
The outcome of the June 8 filings will decide the fate of the trial:
With this, if the judge finds the defense’s submission convincing, the accused will be acquitted and discharged however, If the judge dismisses the submission, the court will order the accused officials to take the stand and explain why they should not face prison sentences.
By Edem Mensah-Tsotorme
Member of Parliament for Akuapem North, Sammy Awuku, has expressed deep sorrow following the sudden passing of Isaac Batsa, the constituency secretary for the opposition National Democratic Congress (NDC).
The New Patriotic Party (NPP) lawmaker issued a statement on Tuesday reacting to the news, which has shocked the local political community.
Mr.Awuku praised the late NDC secretary for his bipartisan approach to local governance.
He noted that despite their different political affiliations, Batsa consistently rose above party lines to serve the constituency with diligence.
The MP revealed that the news was particularly shocking given that he had last interacted with Batsa just three days prior on Saturday.
Concluding his statement, Sammy Awuku extended his heartfelt condolences to Batsa’s family, the constituency and regional executives, and the entire NDC fraternity, wishing the deceased peaceful eternal rest.
By Edem Mensah-Tsotorme
