Ghacem Cement Foundation

GHACEM CEMENT FOUNDATION  - WHAT IT IS IN GHACEM

Economic and social intervention mainly geared towards infrastructural development with strategic focus on health and education, as well as special projects. Ghacem cement foundation has been established since 2002 as the main driver of Ghacem’s CSR programmes.
The governing council of the cement foundation is made up of Nana Prah Agyeinsaim VI (Chairman), Professor Audrey Gadzekpo (member), and Mr Morten Gade-Managing Director (member).

GHACEM CEMENT FOUNDATION - A 3TIER PROGRAMME

  • TIER I - Distribution of cement for improvement of health facilities or build new ones
  • TIER II - Distribution of cement for improvement of educational facilities or build new ones
  • TIER III - Execution of development projects around the quarry sites and other places of influence

CRITERIA FOR TIER I & II

Original application letter from the Community or Head of Institution

The Chief

 Chairman, Town Development Council

 Head Teacher/Master (In the case of Education)

 Doctor-in Charge or Medical Assistant/Administration (In case of health)

Head Midwife.(In case of health)

Letter from the District Director of Education or Health

Letter From the District Chief Executive or any Senior Government Official or Chairman of the  Town Development Council or head of religious institution.

Two (2) pictures of existing structures to be rehabilitated to be endorsed by the Director of Education/ Health.

Expected completion time for project

HOW THE TIER III WORKS

Agreement has been signed with the various communities

GHS 10.00 per every truck loaded from the site(s) is deposited in the fund

The community does the need analysis ( what do they need) and forward recommendation to the governing council for consideration

Depending on availability of funds, the recommendation is approved for execution.

Contractual agreement is signed with the contractor and Funds are then released and monitoring team supervises until completion. The contract management is done by Ghacem procurement office/Technical services department

After execution, The Governing Council fixes a date for commissioning with its attendant media relations.

EXPENDITURE YTD

Budget allocation                                : 30,000 bags

Utilization                                           : 29,680 bags

Southern Sector                                  : 12,930 bags (2016)                                        

Northern Sector                                  : 16,750 bags (2016)

Total Cost involved                            : GHS980,000

Beneficiaries                                       : 331 communities (northern & southern sectors)

Year to Date distribution                    : 420, 000 bags (2002-2016)

Value                                                 : GHS 13.4m

Beneficiaries Year to Date                  : 4,263 communities (2002-2016)

Tier III Development Fund

Amount accumulated (August 2013- July 2016):   GHS 155,000.00

Amount disbursed:            NOT YET

Reason: Beneficiary communities to finalise proposals on selected projects with respective Municipal Assembly and present final proposal to Ghacem.

Ghacem Cement Academy.