GIADEC Introduces New Shareholder Of GBC To Ahwiaso And Sefwi Bekwai Traditional Leaders

The Ghana Integrated Aluminium Development Corporation (GIADEC) has introduced OPCL as the new majority shareholder of Ghana Bauxite Company (GBC) to the traditional leaders, Chiefs and people of Ahwiaso and Sefwi Bekwai in the Western North region.

OPCL, a wholly owned Ghanaian company in March 2022 acquired the total 80% shares in GBC, which was previously held by Chinese mining giant, Bosai Minerals Group Limited with the remainder 20% held by the Government of Ghana (GoG) following Bosai’s decision to pull out of operations and exit the country. GoG’s interest in GBC is held by GIADEC.

At a courtesy call, first on the President of the Western-North Regional House of Chiefs and Sefwi Ahwiaso Traditional Council, Ogyeahoho Yaw Gyebi II, at his Palace in Sefwi Ahwiaso, the traditional leader, who doubles as President of the National House of Chiefs, commended GIADEC for ensuring a seamless transition from the old to the new managers of GBC which has led to the continuity of work without any break.

He was particularly thankful to the CEO of GIADEC, Mr. Michael Ansah for playing an instrumental role in ensuring that there were no job losses during the transitional phase as that was a major concern especially for the local workers.

Ogyeahoho Yaw Gyebi II commended OPCL for taking up the management of GBC and urged them to ‘turn a new leaf’ in the operations of the company. According to him, the communities have not enjoyed any meaningful benefits especially during the administration of Bosai Minerals Group Limited and thus expects OPCL to do things differently.

He made a passionate appeal to OPCL and GIADEC to offer employment opportunities to the teeming youth in the area and keep the traditional council updated on major developments.

The delegation next stop was at the Palace of the President of Sefwi Bekwai Traditional Council, Oyeadeyie Basape Kwadwo Armah II for a formal introduction of OPCL as the new majority shareholder in GBC.

The team was welcomed by the Acting President of the Traditional Council, Katakyie Kwasi Afful who reiterated the need for OPCL not to neglect the community but see it as one of its key stakeholders.