The Ghana Publishing Company Limited (GPCL) has recorded a 3,000 per cent increase in its assets following a comprehensive revaluation, highlighting the company’s growing financial and operational strength under its current management.
The revelation was made in response to recent public claims by former Managing Director David Asante, who asserted that the company’s recent success was due to his tenure.
GPCL’s corporate affairs department clarified that the asset increase is largely a result of revaluation, not prior retooling or management decisions.
“While there is some truth that past administrations contributed to the company’s infrastructure, the 3,000 per cent growth in assets comes from revaluation exercises and not from retooling, as has been claimed,” a statement from GPCL said.
The current management has also invested in modernising operations, including a new digital printing centre, a 24-hour operational system, and the acquisition of new vehicles, which together improve efficiency and service delivery. These developments have allowed GPCL to pay a 13th-month salary, increase staff pay by 40 per cent, and better position the company to support national printing needs.
President John Dramani Mahama, who visited GPCL on January 8, 2026, to inspect ongoing reforms, commended the management and board for their efforts in improving the company’s reputation and operational capacity.
“Ghana Publishing did not have a good brand previously… the recent turnaround of the company must be commended,” he said.
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Source: www.myjoyonline.com
