On Tuesday, June 4, 2024, Intercity STC Coaches Limited responded to a petition from its workers regarding the appointment of a new Deputy Managing Director.
In a statement signed by Public Relations Officer Anita Abaka-Sika, the company addressed the workers’ concerns.
The company acknowledged that workers’ provident contributions have been in arrears since 2011, but emphasized that the debt has been reduced to four years, largely due to the challenging operational environment caused by COVID-19.
Additionally, SSNIT arrears dating back to 2013 have been reduced to GHS 4 million, with the company now current on monthly payments.
The statement also revealed that the company’s bus fleet is aging, with the Scania fleet averaging 9 years and the Daewoo fleet averaging 5 years, leading to frequent and prolonged workshop visits. However, the company is working to replace the entire fleet.
Regarding the company’s debt to ADB, it has been reduced from GHS 140,000 to GHS 80 million, with STC paying GHS 2 million to ADB.
The company assured that the ISTC Board will meet with Union leaders on June 6, 2024, to address workers’ concerns over the new appointment.
Workers had petitioned against the appointment of a third deputy managing director, citing the company’s more pressing needs, such as settling GHS 6 million in pensions and acquiring more buses.
They emphasized the challenges facing the company, including a dwindling fleet of operational buses and outstanding provident fund contributions and statutory deductions.
