Metro Mass To Increase Revenue By 15%

The Metro Mass Transit (MMT) has resolved to put back on the road all broken vehicles as it takes delivery of two containers full of spare-parts by the end of this week. The company expects the repairs of its broken fleet which are part of MMT’s total fleet of 1,048 to increase its revenue by 15 percent by end of the year. The company made this known in a resolution at the end of a three-day strategic planning meeting in Kumasi last week. The Managing Director of MMT, Ing. Noble John Appiah, said the company’s target requires staff to explore opportunities that will help the company to boost its revenue. “I would want you to constantly explore means to sell MMT’s bus seats and cease forthwith acquisitions of new buses now,” he said. Ing.Appiah urged the decision-makers of the company to strategise and work together to meet the set targets. He called for more research, scheduling of buses, and effective planning especially as the company has a commendable work culture and a sense of belonging which will enable it to meet its objective. Incorporated 10 years ago, the MMT is one of the most affordable and safest transportation companies in Ghana, operating inter- and intra-city services. The company is owned by State Insurance Company, National Investment Bank, Ghana Oil Company Limited, Agriculture Development Bank, Prudential Bank and SSNIT as well as the Government of Ghana. In recent times the company has suffered operational difficulties, which has impacted negatively on its financial fortunes drawing concerns about the company’s sustainability. MMT’s operational challenges has been worsened by the vehicular traffic situation in major cities and shortage of spare-parts as well as red-tapism, which the company’s Board Chairman, Mr. Antwi Gyamfi, has noted is “ simply unacceptable”.