The Managing Director of Indigenous Company, Tropical Cable and Conductor Ltd, Tony Oteng Gyasi has told Citi Business News his company is planning to list on the Ghana Stock Exchange (GSE) as part of the company’s long term plans.
[contextly_sidebar id=”xXmbugJbEWQBfrdI3OPBNCVtpuiSatqL”]Mr Oteng Gyasi believes the listing of the company on the stock market will make its operations more competitive as they seek to increase production.
‘’At the right time, we definitely intend to list on the Ghana Stock Exchange but then we have a plan.’’
The company is into the manufacture of electric and telecommunications cables and is the first cable manufacturer in Ghana with ISO 9001 certification.
Though the company intends to do a little over 2000 tonnes this year, Tony Oteng Gyasi tells Citi Business News he is a bit uncertain about whether they will be able to reach that goal in view of the current challenges.
According to him ‘we employ a lot of Ghanaians many of whom have made the company their career and we aim to make sure that they can build their lives around the kind of jobs we offer ; if for nothing, for those people who have put their faith and confidence in us as a company’’ Mr Oteng Gyasi said.
By: Lorrencia Nkrumah/citifmonline.com/Ghana