The General Secretary of Ghana Mine Workers Union, Mr. Prince William Ankrah, has today cut the sod for the commencement of the proposed banking hall named Golden Pride Savings and Loans Limited in Obuasi.
Present at the function were the Hon. Alexander Ackon (Obuasi Municipal Chief Executive) Representative for the Managing Director, AngloGold Ashanti, Obuasi Mine, Mr. Bentum Williams (Properties Manager, AGA), Rev. Fr. Maxwell Appiagyei (The Vicar Gen. Of the Obuasi Dioceses of the Catholic Church), Nana Kuttin (Ayaase Kontihene) .
In a speech delivered by the Chief Executive of Ghana Mine Workers’ Union, he revealed that, the sod cutting ceremony is a major step in fulfilling the dream of the visionaries of the union. He further explained that, it will mark the beginning of the process of seeking for a license from the Bank of Ghana and initiating other viable ventures that will increase the well being of members of the union, empowering Ghanaians in Rural Urban Ghana and by creating wealth in areas the bank will operate.
He continued that, having the head office in Obuasi is in recognition of the loyalty and support the union has enjoyed from their counterparts in Obuasi, over the years from the then AGC till now AGA. He added that, by 2016, the project would be a fully fledged universal bank with its head office in Obuasi.
“The sod cutting ceremony officially marks the commissioning of the construction project of the Ghana Mine Workers Union Investment. The first phase would be an ultra modern branch with offices and the second phase would be the construction of the Head office block”, he said.
Mr. Robert Asamoah Gyekye finally outlined some of the achievements of the GMWU Investments Units since the establishment of the Welfare programme dubbed the GMWU Scheme piloted in Obuasi about 5years ago.
“We have helped our members with Educational Loans. Members have acquired land and vehicles through the Scheme. We have also eliminated the dependence on illegal money lenders”, he stated.