• Latest
  • Trending
PMMC outlines outstanding achievements of its Boss

PMMC outlines outstanding achievements of its Boss

October 9, 2018
Gov't announces imminent roll out of Low Cost Housing Scheme for Public Sector Workers

Gov’t announces imminent roll out of Low Cost Housing Scheme for Public Sector Workers

July 15, 2025
Big Push: "Present your certificate and get paid within two weeks" - President Mahama to contractors

Big Push: “Present your certificate and get paid within two weeks” – President Mahama to contractors

July 15, 2025
President Mahama Declares Friday, July 4, 2025, a Public Holiday

Government to build six new stadiums for the new regions – President Mahama

July 15, 2025
Telecel Ghana Rewards 12th Dream Car Promo Winner with Brand-New Hyundai Creta

Telecel Ghana Rewards 12th Dream Car Promo Winner with Brand-New Hyundai Creta

July 15, 2025
An overwhelming majority of council members gave a nod to preparing for the conference despite Kufuor's remarks - Osei Kyei Mensah Bonsu

An overwhelming majority of council members gave a nod to preparing for the conference despite Kufuor’s remarks – Osei Kyei Mensah Bonsu

July 15, 2025
26-Year-Old appointed to Ghana Hydrological Authority Board

26-Year-Old appointed to Ghana Hydrological Authority Board

July 15, 2025
NPP Congress 2025: Kufuor & Akufo-Addo to address delegates virtually

NPP Congress 2025: Kufuor & Akufo-Addo to address delegates virtually

July 15, 2025
GTEC orders Hassan Ayariga to drop “Dr.” Title over missing credentials

GTEC orders Hassan Ayariga to drop “Dr.” title over missing credentials

July 15, 2025
High Court Denies Nana Agradaa Bail as Appeal Proceeds

High Court denies Nana Agradaa bail as appeal proceeds

July 15, 2025
Government Directs Mandatory Registration of All Mining Machinery by August 1, 2025

Government directs mandatory registration of all mining machinery by August 1, 2025

July 15, 2025
Awutu Bonsuoku Crash: 4 in Critical Condition, 15 Injured in Sprinter Bus Collision

Awutu Bonsuoku Crash: 4 in Critical Condition, 15 Injured in Sprinter Bus Collision

July 15, 2025
Dollarisation Undermining Cedi Stability — BoG Governor Warns

Dollarisation undermining cedi stability — BoG Governor Warns

July 15, 2025
Happy Ghana
No Result
View All Result
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live
No Result
View All Result
Happy Ghana
No Result
View All Result
Home Sports

PMMC outlines outstanding achievements of its Boss

in Sports
PMMC outlines outstanding achievements of its Boss

Dr. Kwadwo Hammond

Share on FacebookShare on TwitterShare on Whatsapp

The Precious Minerals Marketing Company (PMMC) Limited has released a statement, outlining the achievements of its Managing Director Dr. Kwadwo Opare-Hammond, since assuming office over a year and half ago.

In the release, the PMMC said under the auspices of its MD, the company has assayed large scale mining companies gold, which has led to the employment of new staffs. An initiative which they believe has helped in addressing the unemployment situation in the country as well as help government rake in more revenue.

They added that, there is an ongoing discussion on Joint Cooperation with Mauritius so that Ghana can export jewellery produced in Ghana to Mauritius – in other to earn more foreign exchange through value addition.

Under the watchful eye of Dr. Opare-Hammond, the PMMC has also paid about GH¢10million out of GH¢60million legacy debt.

However, workers of the PMMC, who on Thursday, demonstrated at the premises of the company are to return to work as steps, are being taken to address grievances amicably.

Below is the full release:

ACHIEVEMENTS SO FAR AFTER ONE AND HALF YEAR OF ASSUMING OFFICE AS THE MANAGING DIRECTOR OF PRECIOUS MINERALS MARKETING COMPANY LIMITED

The following are the achievements so far after assuming office as the Managing Director of Precious Minerals Marketing Company (PMMC) Limited:

  1. Assaying Large Scale Mining Companies gold, this has led to the employment of 20 new staff. An initiative that has helped in addressing the unemployment situation in the country as well as help government rake in more revenue
  2. Joint Venture Agreement to build a State Refinery for value addition to gold before export
  3. MOU to establish International Assay Lab with LBMA Certification and an interface with GRA to ensure accurate value for gold exports so that appropriate taxes and royalties can be charged
  4. Ongoing discussions on Joint Cooperation with Mauritius so that we can export Jewellery produced in Ghana to Mauritius – Value addition to earn more foreign exchange
  5. Paid about GH¢10million of legacy debt. When I took over the debt was about GH¢60million
  6. Payment of salaries- Salaries are often paid most often a week before the end of the month. Hitherto salaries could be in arrears for 2-3months.
  7. Prompt payment of recurrent Bills Expenditure eg. ECG, Rent, Garbage Collection etc.
  8. Started Rehabilitation/Renovation of old dilapidated Diamond House – Company Headquarters
  9. Introduction of the Traceability Concept to tighten loopholes in the downstream gold business
  10. Redesigning of Gold Buying licence with security features to prevent easy duplication and fraud
  11. New Stream of income from Large Scale Assaying
  12. New Stream of income from Gold Buying Licence
  13. New Stream of income from Transit Gold
  14. New Stream of income from Transit Diamond
  15. Transparent Administration/Procurement procedures
  16. Reduction of PMMC’s Net Loss of over GH¢19m in the year 2016 to GH¢6m in the year 2016
  17. Ongoing arrangement with Jewelers Association to regulate industry
  18. Licensing of the Jewelers will also bring in additional revenue

By: Joseph Nii Ankrah

 

Subscribe to receive notification everytime a new post is published. We promise to be discrete.

Unsubscribe
Previous Post

GMA UK: KOD expounds why he nearly slapped Afia Schwarzenegger

Next Post

I have nothing to prove to anyone – Gyan

Next Post

I have nothing to prove to anyone - Gyan

Search

No Result
View All Result

Listen Live

BBC Match of the Day Africa

Happy Ghana

Recent News

  • Gov’t announces imminent roll out of Low Cost Housing Scheme for Public Sector Workers
  • Big Push: “Present your certificate and get paid within two weeks” – President Mahama to contractors
  • Government to build six new stadiums for the new regions – President Mahama
  • About
  • advertise
  • Privacy Policy
  • Contact Us

© 2025 Happy FM – Powered by Ghana’s leading radio network. Designed with passion by Global Media Alliance.

No Result
View All Result
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live

© 2025 Happy FM – Powered by Ghana’s leading radio network. Designed with passion by Global Media Alliance.