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25.10.2005 General News

Ghanaian Times Collapsing

By NATIONAL DEMOCRAT
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... AS M.D. GOES “BRIBING” SENIOR EXECUTIVE ... WHILE CORPORATION IS IN OVER ¢5 BILLION DEBT ... WORKERS RESIGNING IN DROVES
The New Times Corporation (NTC), one of the two state print media houses is at the verge of collapse due to the poor administration style of its management headed by Nanabanyin Pratt.
The Corporation has accumulated debts running into over ¢5 billion and has been hit by numerous resignations in the last one and a half years.
At least, fifteen personnel of the Corporation have resigned in the last fortnight.
The corporation, which was established by Ghana's first President, the late Dr. Kwame Nkrumah as a mouthpiece for government policies and the propagation of Africa's liberation struggle has lost all its virtues leading to low moral among the 300 workers.


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