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Saturday 27 April 2024

2021-04-07

[N] As Majority Leader be circumspect with your utterances

2021-03-19

[I] Goldman Sachs staff revolt at ‘98-hour week’
[I] Over half of staff go back to workplace
[I] Health chiefs confirm Oxford-AstraZeneca Covid jab safe to use
[S] Kotoko Signs Second Brazalian Player
[N] It Is A Blatant Lie That I’ve Declared My Prez Ambition-Agric Minister
[S] Accra Mayor to change face of sports in Greater Accra
[S] Ambassador Lutterodt charges GOC prez to tackle Martha Bissah issue
[S] Ben Nunoo-Mensah hits ground running for GOC
[S] Black Stars to Engage Uzbekistan In International Friendly
[N] House of Chiefs calls for collaboration with MMDCEs for development
[N] Baby Harvesting: More suspects picked
[N] Police pledge commitment to bringing Sheikh Maikano’s murderers to book
[B] ARB Apex Bank admitted to Ghana-Sweden Chamber of Commerce
[N] Desist from starting race ahead of time - Obiri Boahen to NPP presidential
[N] Gov’t announces construction of five interchanges in Ashanti
[N] Controversial textbooks: NPP urges NaCCA to enforce rules without fear or favour
[N] Staff working on Tamale interchange call off strike
[N] Newly proposed taxes a huge hindrance to businesses’ recovery
[N] Government can’t take a unilateral decision on salaries for public workers
[N] Ghana records 2 new Covid-19 variants; experts call for immediate action

2021-03-17

[S] First GFA safety and security seminar takes place today
[B] NDPC holds consultation medium term framework for 2022-2025 in Oti
[B] More investments recorded in Western Region despite COVID-19
[N] Ghana records 698 COVID-19 deaths
[N] NDC’s Ofosu Ampofo behaves like a toddler – Allotey Jacobs
[S] Don’t tax sports betting, ban it – Ato Forson to government
[N] Ama Benyiwaa Doe slams Allotey Jacobs; says he has no influence
[N] Approving Akufo-Addo’s ministers ‘regrettable and unfortunate’ – NDC caucus
[S] Don't rush Satellites players, warns GFA coaching boss
[N] Eastern Regional Hospital detains 246 patients for non-settlement of bills
[N] COVID-19 vaccination in Ghana: 1,000 reports received on adverse effects
[N] Ignore reports of rift between local, foreign staff at AfCFTA secretariat – Govt
[N] Remain calm, support our leadership in Parliament – NDC Council of Elders
[N] Ghana hasn’t recorded any case of blood clots from COVID-19 vaccination – FDA
[N] 9-year-old boy burnt to death as stepfather sets house ablaze
[B] Budget cuts for legislature, judiciary won’t be entertained – Speaker
[I] Half of UK managers back mandatory Covid vaccines for office work
[I] Brussels to propose Covid certificate to allow EU-wide travel

2021-03-16

[I] Nick Candy leads £1m drive to oust London mayor Sadiq Khan
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Business

[ 2016-09-28 ]

Expresso workers give telco ultimatum over unpaid wages
Workers of Telecommunications Company Expresso are
pressing on management of the telco to pay them
all arrears owed them by the 1st week of October,
2016 or face their wrath.

The development follows the inability of the
company to settle workers salaries for over 18
months.

In a bid to drum home their concerns the workers
this morning [Wednesday] held a protest at the
company’s headquarters.

The workers with red bands clad around their
wrists said they were forced to embark on the
protest because of the company’s silence on the
matter.

‘If they can’t pay us they should tell us so
we go. I’m left with one year to go on pension
and yet look at my situation. Nobody is telling us
anything. We are human; they should at least
respect that and explain issues to us. But they
choose to keep mute on the matter. We come in
every morning, go back when the day is over. Such
is the routine as we are still working’. One of
the workers told Citi Business News’ Jessica
Ayorkor Aryee who was at the headquarters this
morning.

According to some of the workers the none payment
of their wages have pushed them into debt.

‘It’s over so many months now and you know now
with this new credit bureau system if you don’t
pay your bank loan for some time, they will
blacklist you and it goes against you the person.
We owe the banks; we have to service the loans.

It’s affecting me in so many ways, my family,
our rent, our land lords are on our necks and some
of us have even been evicted. Our children are
home because we cannot pay their fees, water bills
have all jammed up and we are unable to pay
because of that ECG has disconnected our
lights’.

Meanwhile the workers want management to pay at
least one third of the accrued salary arrears,
SSNIT, Provident Fund, 2nd Tier, Medicare among
others by 1st week of October or face their
wrath.

Local Union Secretary of the company Edward Anane
told Citi Business News ‘ we are telling
management to settle at least one third of the
accrued salary, SSNIT, etc by the first week of
October. We will not wait. We have held the fort
for so long and since our approach to management
has not yielded anything we will take the next
step’.

Efforts to reach management of the company on the
matter proved futile.

Expresso challenges

Expresso has been facing financial and operational
challenges for years.

The telecom operator has been struggling to secure
an investor for some time now, the development has
led to a reduction in Expresso’s market share to
about 0.36% as at the first quarter of this year.

Earlier some players within the telecom industry
warned that the company risks folding up if it
fails to find an investor soon.

NCA to revoke Expresso’s license

The National Communications Authority (NCA)
earlier told Citi Business News it had begun the
processes to revoke the license of Expresso.

According to the NCA’s Director for Engineering
Henry Kanor the prolonged inactivity of Expresso
is affecting industry stakeholders and creating a
shortfall in the revenue targets of the regulator
and government.

In an interview with Citi Business News, Henry
Kanor said there will be a policy statement on
Expresso shortly if it fails to get an investor to
invest in the company soon.

“We have a regulatory regime that is enshrined
in their license and so we gave triggered that and
a discussion has to be taken in that regard. I
should think that is why they are now seriously
looking for investors to come invest in the
company.” Henry Kanor stated that “The status
quo cannot remain the same for long, we want to
make sure that customers get the best services, we
want to get revenues for government and as
regulator we need revenue to survive.”

Source - citibsinessnews.com



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