The Group Chairman of M& C Group Global, Mr Michael Bartlett-Vander-puye, has known as on the executive to develop its engagement with main stakeholders in the extractive trade to get their buy-in sooner than rolling out the “gold-for-oil” initiative.
According him, the initiative used to be an excellent one with the poten-tial to redeem the nation from the incessant emerging price of gas; then again, its implementation should be carried out in a extra clear and all-encompassing way to verify sustainability.
“The decision by the govern-ment to experiment with this option is very laudable, but I will caution that it will be rolled out within the next two to three years. This enable extensive consultation with all stakeholders including, players in the extractive industry, political actors, civil society organ-isations and others to ensure that it becomes a national policy,” he emphasized.
Speaking to the Ghanaian Times on the sidelines of the inaugura-tion of the corporate’s ultra-mod-ern head place of job complicated and company apparel in Accra the day past, Mr Vanderpuye mentioned the good fortune or in a different way of the initiative would in large part rely on the nation’s accumulation of gold reserves.
He mentioned it could be prudent to make use of the first two years in consulta-tions whilst development the nation’s gold reserve to function a powerful spine for the initiative in the brief to medium time period after which imagine the nation proudly owning its personal mines to verify sustainability.
“Without this, the initiative may run into challenges because in a situation where the mining compa-nies decide to withdraw the selling of 20 per cent of their production to us,” he emphasized.
Touching on his corporate’s op-erations, he mentioned the inauguration of latest head place of job complicated used to be to permit the corporate accommodate new portfolios below its umbrella.
He mentioned 15 years in operation were a mix of each successes and demanding situations, howev-er, they persisted to chalk many successes.
From only a consultancy company, we have now 15 corporations below our umbrella and their performances in the international of companies are an epitome of good fortune,” he mentioned.
Mr Vandepuye famous that cur-rently his crew prided itself with a sizeable choice of analysis and knowledge pros operating to meet its industry desires in all its 15 corporations.
The corporations he indexed them as minerals and meals commodity buying and selling, gold export and refining, basic buying and selling and logistics, actual property construction and belongings control, basic procurement, producers’ representatives, control consultancy, business finance and challenge finance, power and effort comparable products and services.
Author: Ghanaian Times