WEST AFRICAN MILLS COMPAMNY (WAMCO) DENIES LAYING OFF NEW WORKERS

The Management of West Africa Mills Company Limited (WAMCO), a cocoa processing company in Sekondi says their short break in production has nothing to do with laying off workers employed recently.

Deputy Managing Director of WAMCO Mr Frank Bednar disclosed that the fate of the workers is not in a limbo as it had been reported in the media .According to him the company is making frantic to recall the workers after the proper measures are taken.

He explained that the company was in recession for close to three years because COCOBOD stopped supplying the company with bean and indicated that the company was a joint venture between Ghana Cocoa Board and a German investor.

Mr Bednar noted that when the new government  took over the current Chief Executive Officer (CEO) of COCOBOD, Joseph Boahen Aidoo, gave assurance that they would collaborate with the foreign investor to  revive the defunct company based on which the majority shareholder pumped in more than  $2 million dollars to rehabilitate the various plants for full production to begin.