The Fairtrade Premium Committee of the Golden Exotics Limited (GEL) at Asutuare in the Greater Accra Region has recorded impressive growth performance across key indicators of its operations for the year ended, 31st December, 2024.
The Committee announced the amount as the cash available for projects alongside GHS 20,446,697 being premium received in 2024.
Its bus income received also stood at GHS 2,593,685 with disposal of FPC assets standing at 1,977.83 while total cash at hand stood at GHS 71,869,697.83.
Also, an amount of GHC 255,140.46 was realized as interest on investments received between January and December, 2024.
Proceeds from the Sainsbury’s sales for 2024 for special project is GHC 5,312,702.38 with premium income less sainsbury’s sale standing at GHC 15,133,994.37.
Additionally, an amount of GHC 26,661,874 was realized as investment income-fixed deposit with fidelity.
The figures represented a remarkable progress across main indicators of its operations for the year ended, 31st December, 2024.
On his part, the new fairtrade officer for the golden exotics limited expressed his commitment to continuing the great legacies he was inheriting, assuring that prosperity and growth of the company’s workers, host communities and the interest of the company would be his priority.
He underscored his readiness to introduce fresh perspectives and ideas that aimed at ensuring the progress of golden exotics limited and called for collective effort and support, adding that these would contribute to building on the foundation that has been laid and brace themselves through the challenging times ahead of us.
Kofi Twum Konadu, Administrator of the Fairtrade Premium Committee of the GEL in an interview said the Committee successfully executed about 95% of its projected target for 2024, adding that most bordered on staff welfare.
He was optimistic that the Committee’s project for the year, 2025 would be similarly executed to help improve the welfare of its workers.
The delegates approved and adopted all resolutions on the agenda which included among others the FPC annual premium reports, internal and external audit report and work plan and risk assessment financial statement.
A new executive body was also sworn in with the outgoing executives handing over to the new body.
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