Business News of Wednesday, 19 March 2025
Source: www.ghanawebbers.com
Ghana Bauxite Company (GBC) has firmly refuted allegations suggesting that it misled stakeholders regarding the sale of bauxite to Ofori Poku Company. In a recent statement, GBC clarified that all transactions were conducted transparently and in accordance with legal requirements. The company emphasized its commitment to ethical business practices while asserting that they have adhered strictly to industry regulations.
The controversy arose from claims made by some local entities who alleged that GBC’s dealings were not in the best interest of the community or the economy. However, GBC countered these assertions by detailing their operational transparency and ongoing engagement with local stakeholders.
Furthermore, GBC highlighted its significant contributions to the local economy, including job creation and infrastructure development, which are vital for community growth. The company urged the public to rely on factual information rather than unsubstantiated rumors as it continues to operate with integrity and dedication toward sustainable practices in Ghana's mining sector.