In the News

Ghana – 30,000 jobs lost in timber industry in last ten years

About 60 local timber companies have collapsed in the last 10 years, leading to the loss of about 30,000 jobs.

Companies that had managed to survive the turbulence in the industry are currently producing below 50 per cent capacity.

The Chief Executive of the Ghana Timber Millers Organisation (GTMO), Dr Kwame Asamoah Adam, made this known in an interview with the Daily Graphic in Kumasi after the opening of the annual general meeting of the Forestry Senior Staff Association (FOSSA) at Akyawkrom near Ejisu in the Ashanti Region Friday.

He said the situation was self-inflicted, adding that “We have waited for far too long for the timber industry to take a nosedive and it is very unfortunate,” he said.

Dr Adam mentioned policies on value added products, illegal logging and policies on effective forest management among others as having had combined effects on the timber industry.

The situation, he said, had been compounded by high interest rates and electricity tariffs as well as high cost of fuel…

Choosen excerpts by JMM from

via Ghana Business News » 30,000 jobs lost in Ghana’s timber industry in last ten years.


2 thoughts on “Ghana – 30,000 jobs lost in timber industry in last ten years

  1. I think other website proprietors should take this site as an model, very clean and wonderful user genial style and design, as well as the content. You’re an expert in this topic!

    Posted by Instalacje elektryczne | November 7, 2012, 8:32 am
  2. Valuable іnformation. Lucky mе I discovered your site by chance, ɑnd I am
    shocked ԝhy tɦis twist օf fate didn’t came about in advance!
    I bookmarked іt.

    Posted by Allen | March 10, 2014, 8:01 am

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Jobs – Offres d’emploi – US & Canada (Eng. & Fr.)

The Most Popular Job Search Tools

Even More Objectives Statements to customize

Cover Letters – Tools, Tips and Free Cover Letter Templates for Microsoft Office

Follow Job Market Monitor on

Enter your email address to follow this blog and receive notifications of new posts by email.

Follow Job Market Monitor via Twitter



%d bloggers like this: