08/31/2023 | Press release | Distributed by Public on 08/31/2023 10:50
Golden Star Wassa Ltd, through its Development Foundation, has at a ceremony on 29th August 2023 disbursed 460,000 cedis to 37 tertiary and 100 senior high school students in Wassa for the 2022/2023 academic year. The rigorous selection process ensured that brilliant but financially disadvantaged students can continue their education without interruption.
At the same ceremony, the Golden Star Development Foundation (GSDF) also inaugurated its Scholarship and Bursary unit to ensure sustainability and adherence to laid out guidelines in selection and future disbursement of funds.
The activities of the GSDF, which includes the scholarship and Bursary unit are detailed in the MoU that Golden Star signed with its host communities in 2017. Funding is by the underlisted processes.
The activities of GSDF are also guided by the below hierarchy.
Aside this disbursement Golden Star already supports education in the host communities by
Commenting on the inauguration and disbursement, through a speech read on his behalf by the Senior Process Manager, the Managing Director of Golden Star Wassa Mr. Shaddrack Sowah confirmed that 'Golden Star is happy that an intervention that started in 2007 and run until 2017 when the free SHS was introduced, has been able to reinvent itself in consultation with the CMCC to include support for tertiary education. As a company this is important to us. To be able to move with the times to ensure that our relationships with our host communities remain relevant'.
The ceremony was attended by Member of Parliament for the area Hon Isaac Agyei Mensah, Lawyer David Gyapong both members of the Board of trustees, members of the CMCC, Management of Golden Star Wassa, as well as traditional leaders from host communities.