Share FacebookTwitterPinterestLinkedinWhatsappTelegramEmail 256 Government has secured money from the Export Trade Agricultural and Industrial Development Fund (EDAIF) to shore-up the troubled Volta Star Textiles Limited, while it searches for investors. Dr Ekwow Spio-Garbrah, Minister of Trade and Industries stated this when he met management and workers, of the company during third day of his working visit to the Volta Region. Workers of the factory, which makes greybaft mainly for GTP as an off-taker, have been on indefinite strike over non-payment of their salaries for 10 months. Dr Spio-Garbrah said the EDAIF grant would pay salaries and some other backlogs to put the factory back into production sooner than later. More Articles You Would Love Zynelle Zuh Stuns Most Fabulously At The Gh Women Of The Year Honours 2019; See Her & More Red Carpet Looks “Take advantage of ACFTA” – Joyce Ababio Advices Fashion Industry Creatives “Let me on behalf of government, the sole shareholder, and the people of Ghana apologize for the inconveniences to you, workers,” the Minister told the agitated workers who swarmed around him. He expressed hope that the search for investors would yield results soon, to put the factory back to business. Dr Spio-Garbrah expressed regret that reports from management did not appear to have conveyed the real situation on the ground to his office. The Minister earlier met with management staff during which he said comprehensive efficiency tests, including worker-machine ratio and other productivity assessments, would be carried out in the factory. Volta Star Textiles Limited was incorporated to take over Juapong Textiles Limited, founded in the early 1960,s as part of the chain in Ghana’s textile production. Juapong Textiles however progressively floundered under intense competition from imported textiles over the years, leading to the withdrawal of the strategic shareholders and closure and the subsequent government intervention. Dr Spio-Garbrah also visited Kartech Ventures, the biggest concrete moulding factory in the Region, where he advised Churchill Kartey Amedzeame, Managing Director to take advantage of facilities for equipment upgrade available to scale-up. Read More On Ghana Fashion Socio-Politics Dr Spio-GarbrahedaifExport Trade Agricultural and Industrial Development Fundfashion socio politicsghanatextilesvolta textiles Share FacebookTwitterPinterestLinkedinWhatsappTelegramEmail Nana Tamakloe Founder of FashionGHANA.com and Accra Fashion Week. I'm grateful you visited, I hope you share, subscribe and share your comments or opinions below. More For You AI Artist Dana K. Booker Explores The Gorgeous African Beauties Of Columbia In... Nigeria’s Lady Maker Launches The Stunning Look Book For Her Waste To Wonder... Cameroonian UFC champion Francis Ngannou’s 15 Month Old Son Dies #fGSTYLE: Tips On How To Color Code With Your Lover; The African Way #OOTD: Simply Tacha Is Goes Beyond Fierce In Her Medlin Boss Red Fringed... Looking For Ghanaian Kente Bridal Inspiration? Look No Further Nanice Gorgeous AI Wedding... #fGSTYLE: From The Church To The Lounge; Treat Your Sundays With These Trendy... #OOTD: Queen Of Afrobeats Yemi Alade Proves She’s Still The Queen Of African... #BeautyOfTheWeek: Check Out Stunning Images Of SA’s Vitiligo Super Star Yolanda Monyai From... VIDEOS: Tunis Fashion Week 2024 Ended With A Bang, Watch Snippets & See... Leave a Comment Cancel ReplyYou must be logged in to post a comment. This site uses Akismet to reduce spam. Learn how your comment data is processed.