Business

STC seeks govt, unions intervention to pay salaries

1 Mins read

Management of the State Transport Company (STC), says it will engage with workers unions and government to determine how salaries would be paid following the adverse effects of the 21-day lockdown on the operations of the company.

The lockdown according to the company had negatively affected revenue generation, with activities of the company being put on hold during the period.

Speaking on the matter, Managing Director of STC, Nana Akomea, said management would have to engage with staff as the lockdown has adversely affected their operations.

“For the month of April, salaries are due this week. We have to sit down with the unions and have an arrangement. Maybe we will pay 50 percent. The finance people will come up with what they can do and how the situation can be remedied to create a win-win situation,” he said.

“The workers have always been extremely cooperative at STC, so I am sure we can come up with something,” he stressed.

He also added that a report on how the lockdown and the coronavirus pandemic has affected STC Coaches has been submitted to government to help in discussing salary issues that Coronavirus has brought to the company.

“It is going to be difficult but I’m sure we will come to a consensus,” he said.

The STC with about 1000 employees nationwide, has never been confronted with such a challenge before. Nevertheless, with government intervention, the company expects to address the current salary hurdle as government itself, could provide a stimulus to ease the burden on the company.

Related posts
AfricaBusinessCovid-19

6 reasons why Africa's new free trade area is a global game changer

5 Mins read
AfCFTA, the largest global free trade area by countries participating, could transform the continent’s economic prospects. • It aims to be a…
AfricaAgribusinessBusinessCovid-19Opportunity

Tech to deal with Africa supply chain challenges

3 Mins read
While it’s likely few people outside the supply chain industry would have given much thought to the sector before 2020, it didn’t…
BusinessInvestment

Provide Beneficial Ownership Information By June 30 Or Face Sanctions - Registrar-General

2 Mins read
Mrs Jemima Oware, the Registrar-General has directed companies to provide their Beneficial Ownership (BO) information to the Registrar-General’s Department (RGD) by June,…

Leave a Reply

Your email address will not be published. Required fields are marked *