HISTORY

The roots of Intercity STC began in 1909 as a Government Transport Department to cater for the needs of the Central Government. In 1965 it was made a body corporate by Legislative instrument (L.I) number 414 0f 9th March 1965 to run commercial passenger services and was then called the State Transport Corporation.

In January 1968 the Government also created a haulage division to cater for the haulage of both wet and dry cargo. This was also handed over to STC to manage as a bulk haulage division, to function alongside the passenger division.

It was later incorporated in June 1995 as a Limited Liability Company under Ghana’s Companies Code 1962 Act 179 in the name State Transport Company Limited.

In June 2000 the assets of the company were purchased and organized into a new company, Vanef STC by a consortium of business concerns known as the Vanef Consortium. This was after the STC was put on divestiture under the Ghana Government’s systematic program to make previously owned state institutions more viable by divesting them to worthy private investors.

The Vanef Consortium is a parent Limited Liability holding company that oversees the operations of the two main Business Units: The Passenger Service Division (PSD), and The VCL Haulage Division. These Business Units are jointly and severally owned by the Vanef Consortium and the Government of Ghana with the Consortium owning majority shares in all the units. Vanef STC took over the running of businesses of the erstwhile State Transport Company (STC) on the 1st of June 2000.

In 2003, the name of the Company was changed to Intercity STC Coaches Limited.

The Board and Management comprise individuals of varied and rich backgrounds all bringing their strengths together to make Intercity STC a supremely successful corporate entity, dominating her chosen markets with superior products and services.