Due to a lack of raw materials needed to keep the business operating, The Ghana Rubber Estates Limited (GREL) is in danger of closing down.
The remaining raw materials would barely last two weeks, according to Samson Boafotey, the production supervisor at Ghana Rubber Estate Limited.
He clarified that a shortage of funding has prevented certain faulty devices from being fixed as well.
He said that the company’s issues could result in job losses because all employees have been told to remain at home until there are sufficient raw materials for processing.
Samson Boafotey said, “Lack of raw materials to feed our factory has brought a lot of hardships on our workers. This is because they receive some allowances in addition to their monthly salary when we are working but since we do not have the raw materials, they cannot get them.”
“The other factor is that the company took loans for the management of the factory and because of the raw material issues, we are unable to produce. Our machines as they are not working is also a cost to the company. We are urging the government to intervene else we do not know what to do next. The raw material we have in our factory now will last for only two weeks,” he said in an interview on Connect FM.
The Ghana Rubber Estate Limited’s production supervisor appealed to the government to support them so that the business could carry on with its activities.
This rubber processing business is a participant in the government’s One District One Factory program.
The company had roughly 7,500 direct and indirect employees when it was launched in 2020.