Ghana Publishing Company introduces reforms to curb revenue leakages
By: Celestine Avi and Seth Eyiah The Ghana Publishing Company Limited has introduced new financial controls and administrative reforms to improve accountability and address revenue leakages. The Managing Director, Nana Kwesi Boaitey, said the company had partnered with Consolidated Bank Ghana to strengthen its financial management system. Speaking at the Government Accountability Series at the […]
The Ghana Publishing Company Limited has implemented new financial controls and administrative reforms to enhance accountability and tackle revenue leakages, according to a recent report. Managing Director Nana Kwesi Boaitey revealed that the company has partnered with Consolidated Bank Ghana to enhance its financial management system.
This collaboration has led to the installation of banking facilities at the company's business center, ensuring payments are directed straight into a bank account. Boaitey stated that this arrangement has improved monitoring of revenue and expenditure while minimizing opportunities for financial leakages. In addition, the management has intensified efforts to tackle individuals who allegedly divert payments and sell counterfeit gazettes.
The company has also undertaken structural reforms, establishing departments such as quality control, legal, commercial sales, and corporate affairs. These reforms are part of efforts to improve institutional efficiency and restore confidence in the operations of the state-owned printing company.
Written by urgent.news from GBC Ghana's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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