Ghana Publishing Company Limited (GPCL) has achieved operational and financial stability after adopting the Government’s 24-hour economy policy.
Nana Kwasi Boatey, Managing Director of GPCL, revealed that the introduction of a two-shift, 24-hour production system reversed years of operational challenges and prevented job losses.
Management implemented a night shift, saving about 100 jobs that would have otherwise been cut.
The reforms reduced the turnaround time for gazette publications from eight weeks to three weeks, with a new 24-hour gazette service enabling same-day document delivery.
Revenues have improved significantly, and the company has opened a new digital press centre, converting a former warehouse. Within 10 months, GPCL paid a 13th-month salary without borrowing, committed to a 40% salary increase for staff, and placed GH¢15 million in fixed deposits.
President John Dramani Mahama commended the turnaround, noting that GPCL no longer requires a bailout, unlike other state-owned enterprises he has visited.
He praised the adoption of the 24-hour economy model and encouraged GPCL to register under the proposed 24-hour economy authority to access incentives.
The President also supported efforts to position GPCL as a leading printing brand, with ongoing discussions to secure government textbook and learning materials printing contracts.
GPCL is responsible for printing, publishing, and disseminating government publications, including the Ghana Gazette, Acts of Parliament, and other official documents.
President Mahama inaugurated the new Digital Press Centre during his visit, which also included tours of the Ghana Broadcasting Corporation and the Graphic Communications Group Limited.
