Trade Minister clarifies payment structure for Komenda Sugar Factory lease
Kobina Tahiru Hammond, the Minister of Trade and Industry, has addressed concerns regarding the lease of the Komenda Sugar Factory to West Africa Agro Limited, an Indian-based firm. According to him, Ghana will not pay the company; instead, it will receive an annual rent payment of over one million dollars. Hammond's clarification follows comments from Yusif Sulemana, the Ranking Member on the Trade and Industry Committee, who expressed concerns that Parliament was not informed of the decision and alleged that the company would be paid $50,000 monthly for management services. Speaking on Citi FM’s Eyewitness News, the Trade Minister refuted...
