Volta Aluminium Company Limited — state-owned aluminium smelter in Tema facing operational challenges, with its board dissolved in September 2026 and its equity structure under government review.
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Joy Online
… The affected institutions are Prestea Sankofa Gold Limited, the Bulk Oil Storage and Transportation Company Limited (BOST), the Volta Aluminium Company Limited (VALCO), Consolidated Bank Ghana Limited (CBG), Ghana Post Company Limited, the Road Maintenance Trust Fund, TDC Ghana L …
Dissolving inactive SOE boards is justified – Dennis Miracles AboagyeThe Ghanaian Times
… The affected institutions include Prestea Sankofa Gold Limited, Bulk Oil Storage and Transportation Company Limited (BOST), Volta Aluminium Company Limited (VALCO) and Consolidated Bank Ghana Limited (CBG). …
President dissolves boards of 9 state institutionsJoy Online
… The affected institutions are the Ghana National Petroleum Corporation (GNPC), Bulk Oil Storage and Transportation Company (BOST), Volta Aluminium Company Limited (VALCO), Consolidated Bank Ghana Limited (CBG), Ghana Post Company Limited, Road Maintenance Trust Fund, TDC Ghana Li …
Boards’ dissolution: Mahama won’t tolerate indiscipline, poor performance – SecretaryThe Ghanaian Times
… The affected institutions are Prestea Sankofa Gold Limited, Bulk Oil Storage and Transportation Company Limited (BOST), Volta Aluminium Company Limited (VALCO), Consolidated Bank Ghana Limited (CBG), Ghana Post Company Limited and the Road Maintenance Trust Fund. …
President Mahama dissolves boards of nine state institutionsThe Chronicle
… The affected institutions are Prestea Sankofa Gold Limited, Bulk Oil Storage and Transportation Company Limited (BOST), Volta Aluminium Company Limited (VALCO), Consolidated Bank Ghana Limited (CBG) and Ghana Post Company Limited. …
Mahama dissolves boards of nine state institutionsDaily Guide
… The affected institutions are Prestea Sankofa Gold Limited, Bulk Oil Storage and Transportation Company Limited (BOST), Volta Aluminium Company Limited (VALCO), Consolidated Bank Ghana Limited (CBG), Ghana Post Company Limited, Road Maintenance Trust Fund, Tema Development Corpor …
President Mahama Dissolves Nine State Institution BoardsJoy Online
… Major companies and facilities located along the stretch include the Volta Aluminium Company Limited (VALCO), Tema Tank Farm, Quantum Oil, Chase Petroleum, Olam, Aluworks, Sunon Asogli Power Plant and the Kpone Thermal Power Station, as well as several warehouses and other indust …
Valco-Kpone road turns nightmare as motorists fume, tanker drivers threaten fresh strikeDaily Guide
… Major companies and facilities located along the stretch include the Volta Aluminium Company Limited (VALCO), Tema Tank Farm, Quantum Oil, Chase Petroleum, Olam, Aluworks, Sunon Asogli Power Plant and the Kpone Thermal Power Station, as well as several warehouses and other indust …
Valco-Kpone Road Turns Nightmare, Drivers Threaten Fresh StrikeThe Ghanaian Times
The Ministry of Lands and Natural Resources has inaugurated a Negotiations Team to lead talks with a strategic investor to modernise and expand the Volta Aluminium Company Limited (VALCO). …
Team formed to negotiate VALCO modernisation dealJoy Online
The Volta Aluminium Company Limited (VALCO) is positioning itself to move beyond primary aluminium production with the introduction of a continuous casting and rolling mill capable of producing aluminium rods for the domestic electrical cable industry and potentially the internat …
VALCO rolling mill opens new frontier for Ghana’s aluminium industryThe Director of Communications for the Bawumia Campaign Team says the government's dissolution of state-owned enterprise boards is warranted because many boards have failed to demonstrate meaningful impact and are not contributing effectively to state institutions.
5 September 2026 · Joy Online →
The Director of Communications for the Bawumia Campaign Team says the government's dissolution of state-owned enterprise boards is warranted because many boards have failed to demonstrate meaningful impact and are not contributing effectively to state institutions.
5 September 2026 · Joy Online →
President John Dramani Mahama has dissolved the boards of nine state-owned institutions with immediate effect, including Prestea Sankofa Gold Limited, BOST, VALCO, and Consolidated Bank Ghana Limited.
3 September 2026 · The Ghanaian Times →
President John Dramani Mahama has warned ministers, chief executives, board members and other political appointees that conduct undermining government cohesion, institutional authority or policy implementation will not be tolerated. The warning follows the President's dissolution of nine state institution boards and recent ministerial changes.
2 September 2026 · Joy Online →
President John Dramani Mahama has dissolved the boards of nine state institutions with immediate effect, including Prestea Sankofa Gold Limited, BOST, VALCO, CBG, Ghana Post Company Limited, Road Maintenance Trust Fund, TDC Ghana Limited, GNPC, and the National Sports Authority. Sector ministers have been directed to implement the dissolutions in accordance with applicable laws, with the boards to be reconstituted in due course.
2 September 2026 · The Ghanaian Times →
President John Dramani Mahama has dissolved the boards of nine state institutions including Prestea Sankofa Gold Limited, BOST, VALCO, Consolidated Bank Ghana, Ghana Post, the Road Maintenance Trust Fund, TDC Ghana, GNPC, and the National Sports Authority, with immediate effect to allow for reconstitution.
2 September 2026 · The Chronicle →
President John Dramani Mahama has dissolved the boards of nine state institutions, including BOST, VALCO, CBG, Ghana Post, GNPC, and NSA, with immediate effect. Sector ministers have been directed to implement the dissolution in accordance with applicable laws, and the boards will be reconstituted in due course.
2 September 2026 · Daily Guide →
The 7.2-kilometre Valco Roundabout-Kpone Junction road in Tema remains in poor condition with little visible construction progress, causing journeys to take over three hours instead of 30 minutes and prompting the Ghana Petroleum Tanker Drivers Union to threaten renewed industrial action.
31 August 2026 · Joy Online →
The 7.2-kilometre Valco Roundabout-Kpone Junction road in Tema has deteriorated significantly, with motorists reporting journeys that should take 30 minutes now taking over three hours, and members of the Ghana Petroleum Tanker Drivers Union threatening fresh industrial action if authorities fail to complete promised rehabilitation.
31 August 2026 · Daily Guide →
The Ministry of Lands and Natural Resources has formed a Negotiations Team to lead talks with a strategic investor to modernise and expand the Volta Aluminium Company Limited (VALCO), the Tema-based aluminium smelter. The team will assess prospective investors based on technical capacity, financial strength, smelter operations experience, and commitment to long-term investment, as VALCO faces operational difficulties with active cells declining from 127 in 2025 to about 90 as of August 2026.
25 August 2026 · The Ghanaian Times →
VALCO has introduced a continuous casting and rolling mill capable of producing aluminium rods for Ghana's electrical cable industry and potentially for export, tested with local cable manufacturers Nexans Kabelmetal and Reroy Cables. The development aims to help Ghana retain more value from its aluminium resources by reducing manufacturers' reliance on imported aluminium inputs.
23 August 2026 · Joy Online →
The government has established an eight-member negotiations team to secure a strategic partnership with a prospective investor to modernise and expand the Tema-based Volta Aluminium Company Limited (VALCO). The team will examine prospective partners' technical capabilities, financial strength and investment plans to restore VALCO's productive capacity and position it as a competitive player in Ghana's aluminium industry.
22 August 2026 · Joy Online →
The Industrial and Commercial Workers' Union has appealed to the government to recapitalise and revive distressed state-owned enterprises to create jobs for unemployed youth and drive industrial transformation. The union also urged the President not to proceed with the proposed sale of a 70 percent equity stake in VALCO to a private investor, arguing it should remain a strategic national asset.
4 August 2026 · Joy Online →
The Industrial and Commercial Workers' Union (ICU) has appealed to President Mahama to recapitalise and revive distressed state-owned enterprises, citing the need to create sustainable jobs for unemployed youth. The Union specifically highlighted Volta Aluminium Company Limited (VALCO) and urged the government to halt plans to offload a 70 percent equity stake to a private investor.
3 August 2026 · Daily Guide →
The Minister for Lands and Natural Resources stated that the government will invite strategic investors to restore the Volta Aluminium Company Limited (VALCO) to its former glory and drive industrialisation, denying that the administration intends to auction or privatise the company.
3 August 2026 · Joy Online →
Ghana's Parliamentary Minority Caucus has backed VALCO workers and called on the government to disclose details of a proposed "strategic equity capitalization process" involving the state-owned Volta Aluminium Company, questioning why ownership changes are being considered when the company recently reported a profit of US$3.19 million in the first half of 2026.
30 July 2026 · The Ghanaian Times →
Workers of the Volta Aluminium Company have opposed privatisation plans to sell a 70 percent equity stake to Arch Holdings Consortium, warning that the sale would undermine strategic industrial interests, threaten jobs, and reverse recent operational gains made by the state-owned company.
28 July 2026 · Daily Guide →
The Ghana Integrated Aluminium Development Corporation has rejected allegations that the state-owned Volta Aluminium Company is being sold to businessman Ibrahim Mahama, calling the claims false and without factual basis. GIADEC stated that neither Mahama nor any company associated with him has expressed interest in acquiring a stake in VALCO.
27 July 2026 · Joy Online →