ZARZA We are Zarza, the prestigious firm behind major projects in information technology.
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Episode Synopsis
The managing director of Bulk Oil Storage and Transportation Company Limited (BOST), Edwin Provencal, took his turn on the #PatrioticSpaces of Twitter to discuss the companyโs success story since taking over.
Provencal detailed the strategic investments and actions taken to turn the business around and back into a profitable enterprise, noting that BOST was heavily indebted at the time of transfer and had just 18% of its revenue-generating assets operating.
He said the pipelines linking Tema to Akosombo, Buipe to Bolga were entirely out of service and the companyโs marine infrastructure including tug and floating boats.
โ50% of our depots, thatโs three out of six were not working. So, in a nutshell, we had only 18% of our revenue assets working. All of our assets were grounded, and yet we have to find the money to pay our debts." Hosted by Kow Essuman Legal Counsel to President Akufo-Addo | Notary Public | ICSID Conciliator, listen for more...
Provencal detailed the strategic investments and actions taken to turn the business around and back into a profitable enterprise, noting that BOST was heavily indebted at the time of transfer and had just 18% of its revenue-generating assets operating.
He said the pipelines linking Tema to Akosombo, Buipe to Bolga were entirely out of service and the companyโs marine infrastructure including tug and floating boats.
โ50% of our depots, thatโs three out of six were not working. So, in a nutshell, we had only 18% of our revenue assets working. All of our assets were grounded, and yet we have to find the money to pay our debts." Hosted by Kow Essuman Legal Counsel to President Akufo-Addo | Notary Public | ICSID Conciliator, listen for more...
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