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Revenue at Ghana Publishing Company Soars Following 24-Hour Economy Reforms – MD

Credit: Emma Ankrah

The Managing Director of the Ghana Publishing Company, Nana Kwasi Boatey, has said that reforms inspired by the government’s 24-hour economy policy have transformed the company’s operations, resulting in improved efficiency, higher revenues, and stronger financial stability.

“We decided to implement a night shift within three weeks. It meant running two shifts to make better use of our workforce. Without that decision, about 100 workers would have been laid off. In my view, it turned out to be the best decision for this company,” he said.

He noted that the operational reforms significantly reduced turnaround times for key services, particularly the production of government gazettes.

According to him, the improved efficiency created opportunities for increased revenue generation, which has since strengthened the company’s financial position.

The Managing Director said the revenue gains have enabled the company to invest in new infrastructure, including the establishment of a fully equipped digital press centre.

“In just ten months, the situation has changed significantly. In December, we paid a 13th-month salary without borrowing, and we have committed to a 40 per cent increase in staff salaries,” he said.

He further announced that the company has been able to place GH¢15 million in a fixed deposit account, describing the milestone as clear evidence of the impact of the 24-hour economy reforms on the Ghana Publishing Company.

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