By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Starr FmStarr FmStarr Fm
  • Home
  • Election Hub
  • General
    GeneralShow More
    Ghana Gas records 97% profit growth in 2025 as strong financial performance boosts energy sector
    August 4, 2026
    Hard work, focus, integrity and intellectual honesty bedrocks of my professional journey – Justice Kulendi to UG SoL students
    August 4, 2026
    KNUST Vice-Chancellor urges collective effort to advance University vision
    August 4, 2026
    Two killed, five injured in fiery crash involving fuel tanker and 3 vehicles on Accra-Kumasi Highway
    August 3, 2026
    GH¢55m IMCCoD scandal: High Court freezes Miracles Aboagye’s 4 houses, 5 accounts
    August 3, 2026
  • Business
    BusinessShow More
    Ghana Gas records 97% profit growth in 2025 as strong financial performance boosts energy sector
    August 4, 2026
    Stanbic Bank becomes first in Ghana to offer direct Chinese Yuan payments through CIPS
    August 4, 2026
    Zoomlion assures MMDA fumigation workers of payment of outstanding salary arrears
    August 3, 2026
    TOR’s Return, testament of what strategic partnership can do
    August 3, 2026
    Hollard Insurance launches “We Cover You” campaign
    August 3, 2026
  • Politics
    PoliticsShow More
    GH¢55m IMCCoD scandal: High Court freezes Miracles Aboagye’s 4 houses, 5 accounts
    August 3, 2026
    ‘It seems this government fancies burdening the Ghanaian taxpayer with more taxes’ – Gideon Boako
    August 1, 2026
    Gideon Boako accuses government of failing to use Energy Recovery Levy for intended purpose
    August 1, 2026
    Gideon Boako warns against one-party dominance in Parliament
    August 1, 2026
    Court of Appeal to seek Warrant from CJ to rule on AG’s Stay of Execution in Sedina Tamakloe’s acquittal during vacation
    July 31, 2026
  • Entertainment
    EntertainmentShow More
    MOLIY releases highly anticipated mixtape “BADDIES <3 MOLIY”
    July 31, 2026
    History made as 77: The Festac Conspiracy premieres to sold-out crowd in Zambia
    July 20, 2026
    X Lor opens new chapter as debut EP Tornado arrives on streaming platforms
    July 10, 2026
    Samsung Ghana powers culture and creativity at 2026 UG All Dance Carnival
    July 1, 2026
    Ghana Music Awards USA, WatsUp TV partner to amplify Ghanaian music on the global stage
    June 25, 2026
  • Sports
    SportsShow More
    Black Queens suffer defeat as Cameroon book WAFCON quarter-final spot
    August 3, 2026
    Black Queens begin WAFCON campaign with convincing 2-0 win over Cape Verde
    July 30, 2026
    Black Stars
    Ghana at 2026 World Cup: Black Stars Show Promise but Miss Cutting Edge
    July 27, 2026
    Late Argentine comeback ends England’s dream, sets up World Cup final against Spain
    July 16, 2026
    Ghana gears up to host ITTF-Africa Hopes Week as Africa’s young stars converge in Accra
    July 13, 2026
  • Technology
    TechnologyShow More
    AngloGold Ashanti Iduapriem commissions $750,000 AI and Smart Systems Centre at UMaT
    July 29, 2026
    Sambus Geospatial MD calls on Ga Mantse ahead of ESRI Conference West Africa 2026
    July 28, 2026
    GIMPA Tech Fair held as Samsung brings ‘Awesome Experience’ to event
    July 1, 2026
    Siniat joins ITALKOL and PIXEL PAINTS portfolio as ITALKOL celebrates a decade of industry impact
    June 23, 2026
    Child Rights International calls for ban on social media use for children under 17 in Ghana
    June 20, 2026
  • International
    InternationalShow More
    Korea commits US$38 million to strengthen Digital STEM education in Ghana
    July 8, 2026
    QNET joins EOCO, INTERPOL regional workshop to strengthen cross-border action against human trafficking and fraud
    July 8, 2026
    High Court dismisses Abu Trica’s emergency application to halt extradition to US
    July 6, 2026
    Ghanaian students abroad to convene global forum on national development
    July 5, 2026
    Alleged romance scam: Lawyers for Abu TRICA file emergency application to halt extradition to US
    July 3, 2026
  • Factometer
Search
© 2024 EIB Network Ltd. All Rights Reserved.
Reading: 70% contracts to go to local contractors – Adwoa Safo
Share
Notification Show More
Font ResizerAa
Starr FmStarr Fm
Font ResizerAa
  • Headlines
  • Election Hub
  • General
  • Politics
  • Sports
  • Business
  • Entertainment
  • Factometer
Search
  • Headlines
  • Election Hub
  • General
  • Politics
  • Sports
  • Business
  • Entertainment
  • Factometer
Have an existing account? Sign In
Follow US
© 2024 EIB Network Ltd. All Rights Reserved.
Business

70% contracts to go to local contractors – Adwoa Safo

Starrfm.com.gh By Starrfm.com.gh Published October 12, 2017
Share
SHARE

Government is working on a policy document that will see 70 percent contracts go to local contractors.

The new policy, government believes, will help grow local businesses. This was disclosed by Minister of State in charge of procurement Sarah Adwoa Safo at a Press Soirée. According to the Minister, the new policy currently being developed will also reserve a 30% quota of all contracts for women.

“So the 70% and the 30% we will be engaging all of you. The 70% we are going to rely mostly on the data that we get from the Ministry of Trade because they have all that database. So we don’t have to reinvent the wheel on who our local companies are and what government can engage them on”

There have always been concerns about the capacity of local contractors to execute quality works. However, Adwoa Safo argues inherent in the new policy will be capacity building measures for the local contractors.

“When identifying these companies, we are also going to build their capacity as well to be able to be competitive and responsive bidders. It is not as if we are just putting together the policy and leave it as it is because we know that many of our local contractors will need a lot of capacity building in the procurement process to be able to take advantage of the contracts that come in,” she said.

According to the Dome Kwabenya MP, African countries like Kenya, Tanzania are already implementing similar policies aimed at empowering indigenous contractors.

Office of Special Prosecutor

The deputy majority leader also disclosed the yet to be established office of the Special Prosecutor will be clothed with the powers to prosecute public procurement infractions. Adwoa Safo believes existing legislations have not been effective in checking procurement excesses.

According to her, an audit of claims at the roads ministry for instance has revealed some road contractors moved to sites to execute projects without a written contract with government.

“In the office of special prosecutor bill emphasis is made there that the prosecutor will also be prosecuting procurement fraud and procurement malpractices. If you look at section 93 of the procurement act, it lists all the offences. There are criminal offences under procurement but nobody has ever been caught to face the full rigors of the law,” she noted.

The Office of the Special Prosecutor bill is currently before parliament.

Source: Ghana/Starrfmonline.com/103.5FM/Ibrahim Alhassan

You Might Also Like

Ghana Gas records 97% profit growth in 2025 as strong financial performance boosts energy sector

Stanbic Bank becomes first in Ghana to offer direct Chinese Yuan payments through CIPS

Zoomlion assures MMDA fumigation workers of payment of outstanding salary arrears

TOR’s Return, testament of what strategic partnership can do

Hollard Insurance launches “We Cover You” campaign

TAGGED:adwoa safoprocurement
Share This Article
Facebook Twitter Email Print
Share
Previous Article Ghana Vs India: Coach Fabin makes four changes for clash
Next Article PODCAST: Starr Mid-day News-October 12,2017

Starr 103.5FM

Starr FmStarr Fm
Follow US
© 2024 EIB Network Ltd. All Rights Reserved.
newsletter icon
Join Us!

Subscribe to our newsletter and never miss our latest in news, podcasts etc..

[mc4wp_form]
Zero spam, Unsubscribe at any time.
adbanner
AdBlock Detected
Our site is an advertising supported site. Please whitelist to support our site.
Okay, I'll Whitelist
Welcome Back!

Sign in to your account

Lost your password?