{"id":610619,"date":"2019-04-26T22:25:51","date_gmt":"2019-04-26T22:25:51","guid":{"rendered":"<br><div>\n<p class=\"floatLeft\">Business News of Friday, 26 April 2019<\/p>\n<p class=\"floatRight\"><strong>Source: <\/strong>www.ghanaweb.com<\/p>\n2019-04-26\n\n<div class=\"article-left\">\n<p class=\"article-image\"><img src=\"https:\/\/cdn.ghana-mma.com\/2019\/04\/90857"},"modified":"2019-04-26T22:25:51","modified_gmt":"2019-04-26T22:25:51","slug":"vra-to-be-re-organized-into-a-holding-company-ceo","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2019\/04\/26\/vra-to-be-re-organized-into-a-holding-company-ceo\/","title":{"rendered":"VRA to be re-organized into a Holding Company \u2013 CEO"},"content":{"rendered":"<p><\/p>\n<div>\n<p class=\"floatLeft\">Business News of Friday, 26 April 2019<\/p>\n<p class=\"floatRight\"><strong>Source: <\/strong>www.ghanaweb.com<\/p>\n<p>2019-04-26<\/p>\n<div class=\"article-left\">\n<p class=\"article-image\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cdn.ghanamma.com\/2019\/04\/90857694.295.jpg\" alt=\"VRA CEO   Darkwa\" title=\"VRA CEO   Darkwa\" width=\"295\" height=\"177\" \/><span class=\"image_caption\"><span>Emmanuel Antwi Darkwa, CEO of Volta River Authority (VRA)<\/span><\/span><\/p>\n<\/div>\n<p style=\"clear:right\">Chief Executive Officer of the Volta River Authority (VRA), Emmanuel Antwi Darkwa, has disclosed that the year 2020 will begin a gradual and systematic re-organization of the Authority into a multi business holding company.<\/p>\n<p>Emmanuel Antwi Darkwa was speaking via a recorded video at VRA\u2019s 58th anniversary corporate thanksgiving service held today on the theme \u201cThe New VRA, One Year On\u201d.<\/p>\n<p>According to Emmanuel Antwi Darkwa, the Authority has already commenced work on the restructuring and expects that the concept, design and reports will be completed this year, after the required consultations, with Staff, Shareholder and relevant Stakeholders.<\/p>\n<p>\u201cIt is my expectation that by the time we celebrate VRA @ 60, powered by the BRAISE strategy, VRA will be transformed into an organization worthy of our vision \u2013 \u201cA model of Excellence for Power Utilities in Africa,\u201d he reiterated.<\/p>\n<p>He explained that the above disclosure is in line with the institution\u2019s resolve to reform its non-power businesses into commercially viable entities where appropriate. <\/p>\n<p>It includes the completion of an improvement of VRA\u2019s Property Holding Company, PROPCo which he said has been put it on a financially and commercially sustainable path.<\/p>\n<p>He added, \u201cWe intend to complete the commercialization of Kpong Farms Ltd, VLTC and The Akosombo Hotel Limited between the end of this year and the first quarter of 2020. The commercialization of the VRA Health Services is also in progress and the VRA Schools Limited will follow in that order\u201d.<\/p>\n<p>Mr Darkwa indicated that although business processes have significantly improved with the introduction of the paperless environment, a growing portfolio, a right upward trajectory on finances, among others, the Authority continues to face challenges with \u201cour work culture and the introduction of the commercial mind set.\u201d<\/p>\n<p>However, he maintained that Management will take the leadership to ensure that this critical objective is achieved.<\/p>\n<\/div>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a style=\"display:none\" rel=\"follow\" href=\"http:\/\/megatheme.ir\/\" title=\"\u0642\u0627\u0644\u0628 \u0648\u0631\u062f\u067e\u0631\u0633\">\u0642\u0627\u0644\u0628 \u0648\u0631\u062f\u067e\u0631\u0633<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Business News of Friday, 26 April 2019 Source: www.ghanaweb.com 2019-04-26 Emmanuel Antwi Darkwa, CEO of Volta River Authority (VRA) Chief Executive Officer of the Volta River Authority (VRA), Emmanuel Antwi Darkwa, has disclosed that the year 2020 will begin a gradual and systematic re-organization of the Authority into a multi business holding company. Emmanuel Antwi [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":610620,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-610619","post","type-post","status-publish","format-standard","has-post-thumbnail","category-local-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>VRA to be re-organized into a Holding Company \u2013 CEO - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2019\/04\/26\/vra-to-be-re-organized-into-a-holding-company-ceo\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"VRA to be re-organized into a Holding Company \u2013 CEO - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"Business News of Friday, 26 April 2019 Source: www.ghanaweb.com 2019-04-26 Emmanuel Antwi Darkwa, CEO of Volta River Authority (VRA) Chief Executive Officer of the Volta River Authority (VRA), Emmanuel Antwi Darkwa, has disclosed that the year 2020 will begin a gradual and systematic re-organization of the Authority into a multi business holding company. 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