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
    PURC announces 3.49% electricity and 0.85% water tariff increase for Q3 2026
    June 22, 2026
    Proliferation of firearms major threat to National Security – Sewoekpor
    June 22, 2026
    Adwoa Safo shooting: Six private security guards arrested
    June 22, 2026
    Ministry of Interior suspends Kantanka Security Services Limited’s Private Security Operating Licence
    June 22, 2026
    Focus on Sickle Cell Foundation calls for increased genotype awareness to reduce sickle cell births in Ghana
    June 22, 2026
  • Business
    BusinessShow More
    Save The Forest Alliance commends Sammy Gyamfi over Tano Nimiri Forest restoration initiative
    June 17, 2026
    Hollard Ghana expands customer service operations with new 50-seater call center
    June 15, 2026
    Banking Consultant questions proposed Auditors’ Courts; calls for capacity building in Ghana’s financial oversight
    June 15, 2026
    Agric ministry to distribute fertilizers to farmers from Tuesday 
    June 14, 2026
    Court orders NAM1 to file evidence by July 6 over Menzgold customers’ funds
    June 12, 2026
  • Politics
    PoliticsShow More
    Akim Oda NDC Women’s Wing demands apology over treatment of Birim Central MCE
    June 22, 2026
    Court okays AG, Wontumi permission to negotiate GHS30m Exim Bank charges; Case Adjourned to July 6
    June 18, 2026
    Namibian President arrives in Accra for High-Level Consultative Conference on the Next Steps
    June 17, 2026
    US Immigration Court grants Ken Ofori-Atta green card
    June 16, 2026
    Wontumi directed mining activities in Tano Nimiri Forest Reserve – Investigator tells Court
    June 16, 2026
  • Entertainment
    EntertainmentShow More
    WatsUp On Campus: Stonebwoy rocks UniMAC-IJ’s first-ever artiste night
    June 16, 2026
    itz Tiffany teases new anthem “Money” ahead of June 17 release
    June 12, 2026
    I am producing a new hit campaign song for NPP and Dr Bawumiah – Appietus
    June 6, 2026
    Noble Nketsiah alleges career declined after rejecting occult offer
    June 6, 2026
    WatsUp On Campus kicks off tour featuring top artistes, 15 Universities in Ghana
    June 5, 2026
  • Sports
    SportsShow More
    Yirenkyi’s last-gasp heroics lift Ghana as Black Stars edge Panama in World Cup Opener
    June 18, 2026
    2026 World Cup: Dr. Bawumia rallies support for Black Stars
    June 17, 2026
    Messi hat-trick powers Argentina to 3-0 win over Algeria and rewrites World Cup history
    June 17, 2026
    Mbappé brace powers France to 3–1 victory over Senegal in World Cup opener
    June 17, 2026
    Vice President visits Black Stars camp to boost morale before Panama match
    June 16, 2026
  • Technology
    TechnologyShow More
    Child Rights International calls for ban on social media use for children under 17 in Ghana
    June 20, 2026
    Samsung Ghana expands access to AI-powered mobile experiences with the Galaxy A series
    June 2, 2026
    KNUST hosts FemSTEM Africa 2026 to empower the next generation of women health innovators
    June 2, 2026
    Samsung Ghana introduces 2026 Vision AI Mini LED TV for ultimate sports viewing experience
    June 1, 2026
    Redington appointed authorised distributor of Adobe Creative Cloud in Ghana
    May 25, 2026
  • International
    InternationalShow More
    Child Rights International calls for ban on social media use for children under 17 in Ghana
    June 20, 2026
    AG meets US Department of Justice over law enforcement cooperation
    June 18, 2026
    15 Countries adopt Mombasa Declaration to boost fisheries transparency and combat illegal fishing
    June 18, 2026
    Cape Verde stun Spain with historic draw in FIFA World Cup debut
    June 15, 2026
    Morocco hold Brazil to thrilling 1-1 draw in FIFA World Cup 2026 opener
    June 14, 2026
  • Factometer
Search
© 2024 EIB Network Ltd. All Rights Reserved.
Reading: Road Contractors threaten legal action over unpaid debt, say they can’t wait for IMF deal
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.
GeneralHeadlines

Road Contractors threaten legal action over unpaid debt, say they can’t wait for IMF deal

Starrfm.com.gh By Starrfm.com.gh Published March 9, 2023
Share
SHARE

Concerned Cocoa Road Contractors Association of Ghana are agitating over government’s delayed payment of debt owed them for work done on various roads across the country.

According to the aggrieved contractors, they cannot wait for government to secure IMF facility agreement before they are paid threatening they may be forced to take legal action en bloc if the debt is not paid by mid April this year.

Due to financial challenges almost all the cocoa road contractors have left site across the country.

The contractors said this when they marched to the office of Ghana Chamber of Construction Industry for an emergency meeting with leadership on Wednesday March 8, 2023 same day President Akufo Addo declared during presentation of the state of the Nation Address that his administration has constructed more roads than any other government in Ghana’s 4th Republic history.

Chief Executive Officer of Ghana Chamber of Construction Industry, Emmanuel Cherry said failure by government to honour promise to pay contractors by the end of 2022 has increased frustration among members as they are being chased by their creditors, suppliers and employees.

“Before the close of the year the Hon. Minister came out promising the entire world that he is going to pay contractors before the end of the year. The year came to an end but no show. As we speak today nothing has happened so contractors are being left in a dilemma and very confused. Now suppliers, employees are all over contractors because they thought the promises made by the Honourable Minister has been fulfilled, that, contractors are trying to run away with their money which is not the case. So the Minister has rather worsened the plight and the case of contractors upon that single pronouncement,” Emmanuel Cherry said.

Mr.Cherry cautioned that contractors are dying and cannot wait for government to secure an IMF deal before they are paid.

“Authorities should be proactive especially the road fund and do the needful to pay contractors, we can’t wait for IMF money before they come and pay contractors, there is every deduction that is ongoing, we buy fuel on daily bases, we do DVLA renewal on daily bases and there are other deductions like statutory deductions that is ongoing that rake into their account, what are they doing with that money”.

The Ghana chamber of Construction Industry demanded accountability on Electronic transaction levy(E-Levy) part of which was promised to service debt of contractors and award new road contracts.

The Vice Chairman of the Chamber of construction Industry Nana Opare Kwarfo also Kyidomhene of Aburi Atwiesin and CEO of Jilcon construction Ltd explained that, somewhere 20th December, 2022 cocobod paid between 10 to 15% of the debt owed contractors with promise to pay the outstanding early this year which has not been fulfilled.

He pleaded with government to release funds for payment of contractors to avoid

Source:Ghana/Starrfm.com.gh/Kojo Ansah

You Might Also Like

PURC announces 3.49% electricity and 0.85% water tariff increase for Q3 2026

Proliferation of firearms major threat to National Security – Sewoekpor

Adwoa Safo shooting: Six private security guards arrested

Ministry of Interior suspends Kantanka Security Services Limited’s Private Security Operating Licence

Focus on Sickle Cell Foundation calls for increased genotype awareness to reduce sickle cell births in Ghana

TAGGED:road contractors
Share This Article
Facebook Twitter Email Print
Share
Previous Article SONA: Three community mining schemes to be commissioned before end of year – Akufo-Addo
Next Article Halt hostel project for Kayayei – Gadangme Traditional Rulers to Bawumia

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?