Sunday 21st August, 2016
Afedzi Abdullah, GNA
Cape Coast, Aug. 21, GNA – The University of
Cape Coast (UCC) has inaugurated three business ventures as part of efforts to
generate more income for the institution.
The businesses are the production of sachet
and bottled water, a restaurant and a shuttle station to serve the university
community and beyond.
They add to the already existing business
ventures which include a filling station and detergent production unit being
manned under the University of Cape Coast Enterprise Limited.
The shuttle station, an initiative by the
Student Representative Council (SRC) and management, started three years ago as
a result of the absence of an organised bus station.
Speaking at separate inaugurations, the
outgoing Vice Chancellor of the university, Professor D.D. Kuupole, said the
establishment of the businesses had become necessary due to the dwindling
subvention the university receives from the central government.
The university must tap from its knowledge to
support itself, he said, and called for the collaborative efforts of all
stakeholders to move the university forward by working to sustain the business
Professor Marfo Yiadom, Chairman of the Income
Generating Committee, said some of the business enterprises would serve as
practical laboratory for students in the business and sciences sector.