Ghana imported about Ghc18 million worth of took-picks from China in 2017 for its hospitality industry, according to Dr. Yaw Adu Gyamfi, President of the Association of Ghana Industries (AGI).
This figure according him was recorded from January 2017 to December 2017. He said the continuous importation of rice, chicken and fruit juice to compete with the locally produce ones by Ghanaian entrepreneurs would not inure to the socio-economic benefit of Ghana, noting that if the current status quo is continues the domestic manufacturing industry would totally collapse and ultimately stifle the growth of Ghanaian owned businesses.
Dr. Yaw Adu Gyamfi told GhanaNewsOnline.com.gh on the sidelines of the recently held Ghangeria Rising conference in Accra that Ghana should emulate Nigeria and ban the importation of Rice, Chicken and Fruit Juice. The AGI President appealed to the Government to put in place policies to protect local industries.
Commenting on succession plan of businesses in the country he urged entrepreneurs and those with business interest to introduce their businesses to the youth and mentor them like it pertains in India so that their businesses would not collapse when they leave the scene.
Ghangeria Rising conference attracted business persons from Ghana and Nigeria. The conference was on the theme: Harnessing the Business Opportunities in Ghana and Nigeria to Accelerate Inclusive Economic Growth and Development.
Source: Adovor Nutifafa