GhanaStar
  • News
  • Sports
  • Entertainment
  • Politics
  • Business
  • Music
No Result
View All Result
GhanaStar
  • News
  • Sports
  • Entertainment
  • Politics
  • Business
  • Music
No Result
View All Result
GhanaStar
No Result
View All Result
Home Business

GTP Sends 130 Home As ‘monkey-Dey-Work-Baboon-Dey-Chop’ Syndicate Bites

November 25, 2016
in Business
Share on FacebookShare on Twitter

Textiles printing firm GTP has sent 130 of its workers home, Secretary-General of the Ghana Federation of Labour Abraham Koomson has revealed.

You Might Also Like

Nana Akufo-Addo Has Won 2020 Ghana Elections with 51.7% of the Vote

Online Casino Best-Themed Games

Utilize Reliable Exam Dumps to Attain Cisco 300-320 R&S Certification Easily

Some cheeky laughter followed his announcement. It was the sort of laughter that supposes, ‘this is just the beginning…it is about to get worse’.

And yes – it is getting worse, he added immediately.

“ATL, Printex, they are all on their marks and anything can happen to them also”, he predicted doomsday in an interview with Beatrice Adu on Joy News.

The textiles industry is arguably the largest job-cutting industry in the country where rich cultural heritage should have made it a booming business.

At the height of the four-year energy crisis [dumsor] businesses cried about laying off staff.

Well, the textiles industry has been experiencing its own ‘dumsor’ for the past 45 years. From a massive workforce of 25,000 in the 1970s, the textile industry now employs 1,700. Stories about job-cuts have become mundane.

About 20 companies existed in the 80s. Only about 8 remain. Just to mention a few among the few – Akosombo Textile Limited (ATL), Textyl Printex and the Ghana Textile Manufacturing Company (GTMC) and Ghana Textiles Limited (GTP).

It is not because of the absence of power but the weakness of policy on how to tackle smuggling.

Ruthless smuggling of cheap imports has dealt a very cruel blow to the industry, it is begging on its knees.

“Look if we even go and sleep in the market, these people will bring [smuggled goods]. Almost every day we make arrests”, Mr Koomson who doubles as a member of the Anti-piracy taskforce said in an exasperation voice.

Telling its own story of how smuggling has caused havoc to the company, GTL wrote on its website’s;

“The new millennium (2000) sees GTP reach a production milestone that would have seemed impossible in its 1980s slump. The company produces an incredible 16 million yards of fabric.

Regrettably, this amazing zenith is undermined by the glut of cheap, inferior quality imports, leading to a decline to 7.5 million yards by 2006”.

That was in 2006. Add 10 more years of smuggling and what you get is a subtraction from its work force – 130 have now become jobless.

An important player in the industry, Mr Koomson who is also the Chairman of the Textile, Garment and Leather Workers Union, accused Customs officials of conniving with smugglers to bring fake textiles into the country.

We have had occasions where we chanced on Customs officials who have seized trucks but refused to dispose of them, he said.

Since the introduction of national Friday wear by the Kufuor government, there has been an incredible boom in the patronage of textile products.

An increasing fashion conscious generation and the millennial youth has ensured that there is a guaranteed market for local textiles.

But while the production machines of GTP and others work in the day, a get-rich-quick, a monkey-dey-work-baboon-dey-chop syndicate harvests this demand at night.

And so when the GTP, ATL and other trucks pull up in the market to supply their goods, the market is full.

Join GhanaStar.com to receive daily email alerts of breaking news in Ghana. GhanaStar.com is your source for all Ghana News. Get the latest Ghana news, breaking news, sports, politics, entertainment and more about Ghana, Africa and beyond.

Tags: Abraham KoomsonafricaAkosombo Textile LimitedBeatrice AduBusiness_Financechairmandumsoreconomyenergy crisisForms of governmentghanaGhana FederationGhana Textile Manufacturing CompanyGhana Textiles LimitedGTPimportant playerJoyKufuor governmentLaborLaughterPrintexSecretary-Generaltextile productsTextile, Garment and Leather Workers UnionTextiles printing

Related News

Covid-19: President Akufo-Addo To Address Ghanaians Tonight

Nana Akufo-Addo Has Won 2020 Ghana Elections with 51.7% of the Vote

by ghanastar
December 9, 2020
0

Nana Akufo-Addo won Ghana’s national election, becoming president-elect at the third attempt and cementing the country’s reputation as a standard-bearer...

Online Casino Best-Themed Games

Online Casino Best-Themed Games

by ghanastar
July 9, 2020
0

Whether you like casino games or not, we can all agree that people like themes, and they express their lover...

Utilize Reliable Exam Dumps to Attain Cisco 300-320 R&S Certification Easily

by ghanastar
July 14, 2020
0

Cisco’s certifications are among the most popular credentials for IT professionals. The company is considered to be one of the...

Burkina Faso: Attack on Church Kills at Least 14

by
December 1, 2019
0

At least 14 people have been killed after gunmen opened fire inside a church in Burkina Faso. The victims were...

Next Post

Did You Know Breast Can Weigh As Much As 3 Bricks?

Komenda Sugar Factory Will Resume Operation Next Week

Categories

  • Africa & World
  • African Music Lyrics Directory
  • Business
  • Business Directory
  • celebrities
  • Computing
  • Diaspora
  • Entertainment
  • Events
  • Feature
  • Featured
  • Ghana Elections 2016
  • Headlines
  • Health
  • International
  • Internet
  • Jobs
  • lifestyle
  • Music
  • News
  • Offbeat
  • Opinion
  • Politics
  • Profiles
  • Religion
  • Security
  • Seth Terkper
  • Smart Home
  • Social Networks
  • Sports
  • Technology
  • Top Stories
  • World News

Tags

accra addo africa Association football Banks - NEC business Business_Finance chairman Donald Trump economy education Entertainment_Culture environment Geography of Africa ghana Ghanaian people government Government of Ghana Human Interest John Dramani Mahama john mahama Law_Crime mahama minister MPs elected in the Ghanaian parliamentary election Nana Addo Nana Addo Dankwa Nana Akufo-Addo National Democratic Congress National Democratic Congress (NDC) New Patriotic Party New Patriotic Party (NPP) nigeria politics Politics of Ghana president Social Issues Social Media Social Media & Networking sports United Kingdom United Nations United States Vice President War_Conflict

Recent Posts

  • Government of Ghana Unveils Official Portraits of President John Dramani Mahama and Vice President Prof. Naana Jane Opoku-Agyemang
  • Who Is the Woman (Sheena Gakpe) in Sarkodie’s Latest Hit “No Sir” and Why Everyone Is Talking about It
List of Ghana Holidays for 2020
Ghana Geocoding
Ghana Cedis Exchange API
Ghana Maps Service
Toyota Cars Auto Auction History
  • African Music Lyrics Directory
  • Business Directory
  • Diaspora
  • Top Stories

All rights reserved © 2021 GhanaStar.com

No Result
View All Result
  • News
  • Sports
  • Entertainment
  • Politics
  • Business
  • Music

All rights reserved © 2021 GhanaStar.com