Ghacem Cement Foundation

GHACEM CEMENT FOUNDATION

Economic and social intervention mainly geared towards infrastructural development with strategic focus on health and education, as well as special projects. Ghacem cement foundation was established in 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 Stefano Gallini-Managing Director (member).

• The Ghacem Cement Foundation (GCF) was established by Ghacem Limited in 2002 as part of its Corporate Social Responsibility (CSR), to assist communities to improve their Health and Educational infrastructure(s) or build new ones.

• The Cement Foundation donates cement to deserving rural and urban communities, with priority to small or medium sized projects. Such projects need to have a significant element of community labor.

• Most importantly, donations are made devoid of partisan considerations.

CRITERIA FOR APPLICATION(S)

• Requirements for rehabilitation

1. Original application letter from the Community or Head of Institution.

• The Chief

• Chairman, Town Development Council

• Head Teacher / Master

• Doctor - in – charge or Medical Assistant / Administrator

2. Letter from the District Director of Education or Health

3. Letter from the MCE or any Senior Government Official or Chairman of the Town Development Council or Head of a recognized Religious Institution.

4. Two (2) photographs, showcasing new / rehabilitated structures, should be endorsed by the District Director of Education / Health. 

5. Expected completion time for project after cement has been received.

• Requirement for new structure(s)

As above, but the building / structure must be at the lintel level before qualifying unless the Ghacem Cement Foundation can rely on the applicant’s ability to continue the structure from the foundation stage.

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                               : 25,000 bags / yearly

Utilization                                           : below 25,000 bags

Southern Sector                                 : 9,470 bags (2023)                                        

Northern Sector                                 : 7,980 bags (2023)

GCF Green Project                             : 3,000 bags (2023)

Total Cost involved                            : GHS 1,526,688 (2023)

Beneficiaries                                      : 392 communities (northern & southern sectors)

Year to Date distribution                    : 670,450 bags (2002-2023)