By Ernest Obeng Anim, a Journalist.
Ghana over the years has depended heavily on imported goods neglecting the locally produced ones to the detriment of the country’s economy. Lately there have been calls for the country to initiate policies that will wean it off over-dependency on foreign goods.
To give meaning to the Ghana Beyond Aid mantra, the government initiated programmes such as one district, one factory, to add value to the country’s raw materials for the local and international markets. This is to help generate more foreign exchange to boost the economy. Some Ghanaians who have an insatiable desire for foreign products have been impressed upon to patronize made in Ghana goods so that the country can focus on exportation to improve the economy.
Patronizing locally made goods will help indigenous companies to expand and create more job opportunities for the teeming unemployed youth. Some state institutions are leading the way in patronizing goods manufactured in the country. The institutions are Ga Central Municipal Assembly which purchased two pickups from Kantanka Automobile Company, a wholly owned Ghanaian business and National Identification Authority, NIA which has entered into an agreement with the company for the supply of 85 cars.
Seventeen have already been delivered to the NIA and the rest are to be handed over within six months. These two institutions have shown the way to support indigenous companies to produce more for the local and international markets. Indigenous companies including Kantanka Automobile Company have struggled to survive in the face of difficulties and strong competition from foreign companies and goods imported into the country. It is therefore gratifying that some institutions have decided to patronize locally made vehicles. To ensure that the commitment demonstrated by these institutions is emulated by all state institutions, the government should make it a policy for institutions to purchase their vehicles, equipment, rice and other food items from indigenous manufacturing companies.
By doing so the pressure on foreign exchange to import the same goods into the country will be reduced. This will gradually help to solve the unemployment challenges facing the country.
Government should be commended for offering support to some indigenous companies under the one district one factory programme which is also critical for their survival and expansion.
One thing that the companies need to thrive is a conducive environment and the reduced cost of doing business in the country.
With regard to the conducive environment, the Government has initiated a lot of policies including tax holidays and financial concessions, however, more needs to be done to reduce the cost of doing business so that indigenous products will be affordable to the consuming public.
Once the directive is given, the onus lies on the companies to work diligently to satisfy their customers and clients to ensure they continue to patronize locally manufactured goods. Most of the time Ghanaians complain of the finishing and packaging of indigenous products. Their durability is also sometimes questioned by consumers. These and many others should be considered by the companies if they want to stay in business and help the economy to grow.
Due to some experiences people have gone through with locally manufactured goods they have decided to opt for foreign goods and a lot of effort needs to be made to convince such people.
Since the products will not be for only local consumption but export as well, it is important for indigenous companies to meet international standards and avoid being blacklisted on the international market.
With the right decisions by the government and the reciprocal effect from indigenous companies the unemployment problem of the country will be reduced to the barest minimum.
Related
Patronize made in Ghana to operationalize, Ghana Beyond Aid
By Ernest Obeng Anim, a Journalist.
Ghana over the years has depended heavily on imported goods neglecting the locally produced ones to the detriment of the country’s economy. Lately there have been calls for the country to initiate policies that will wean it off over-dependency on foreign goods.
To give meaning to the Ghana Beyond Aid mantra, the government initiated programmes such as one district, one factory, to add value to the country’s raw materials for the local and international markets. This is to help generate more foreign exchange to boost the economy. Some Ghanaians who have an insatiable desire for foreign products have been impressed upon to patronize made in Ghana goods so that the country can focus on exportation to improve the economy.
Patronizing locally made goods will help indigenous companies to expand and create more job opportunities for the teeming unemployed youth. Some state institutions are leading the way in patronizing goods manufactured in the country. The institutions are Ga Central Municipal Assembly which purchased two pickups from Kantanka Automobile Company, a wholly owned Ghanaian business and National Identification Authority, NIA which has entered into an agreement with the company for the supply of 85 cars.
Seventeen have already been delivered to the NIA and the rest are to be handed over within six months. These two institutions have shown the way to support indigenous companies to produce more for the local and international markets. Indigenous companies including Kantanka Automobile Company have struggled to survive in the face of difficulties and strong competition from foreign companies and goods imported into the country. It is therefore gratifying that some institutions have decided to patronize locally made vehicles. To ensure that the commitment demonstrated by these institutions is emulated by all state institutions, the government should make it a policy for institutions to purchase their vehicles, equipment, rice and other food items from indigenous manufacturing companies.
By doing so the pressure on foreign exchange to import the same goods into the country will be reduced. This will gradually help to solve the unemployment challenges facing the country.
Government should be commended for offering support to some indigenous companies under the one district one factory programme which is also critical for their survival and expansion.
One thing that the companies need to thrive is a conducive environment and the reduced cost of doing business in the country.
With regard to the conducive environment, the Government has initiated a lot of policies including tax holidays and financial concessions, however, more needs to be done to reduce the cost of doing business so that indigenous products will be affordable to the consuming public.
Once the directive is given, the onus lies on the companies to work diligently to satisfy their customers and clients to ensure they continue to patronize locally manufactured goods. Most of the time Ghanaians complain of the finishing and packaging of indigenous products. Their durability is also sometimes questioned by consumers. These and many others should be considered by the companies if they want to stay in business and help the economy to grow.
Due to some experiences people have gone through with locally manufactured goods they have decided to opt for foreign goods and a lot of effort needs to be made to convince such people.
Since the products will not be for only local consumption but export as well, it is important for indigenous companies to meet international standards and avoid being blacklisted on the international market.
With the right decisions by the government and the reciprocal effect from indigenous companies the unemployment problem of the country will be reduced to the barest minimum.
Related
Dansoman market fire victims cry for urgent support as traders lament 10 days of silence from authorities
EU Sahel Envoy praises Ghana’s democracy, warns of regional security threats
African First Ladies commit to ending AIDS in children and mothers by 2030
Majority Leader Mahama Ayariga calls for abolition of Office of Special Prosecutor
Ghana to introduce national standards for EV chargers and batteries
West African countries urged to strengthen regional collaboration to achieve universal energy access
ADVERTISEMENT
Kofi Adams represents Ghana at 2025 World Conference on Doping in Sport in Busan, South Korea
Dansoman market fire victims cry for urgent support as traders lament 10 days of silence from authorities
EU Sahel Envoy praises Ghana’s democracy, warns of regional security threats
African First Ladies commit to ending AIDS in children and mothers by 2030
Majority Leader Mahama Ayariga calls for abolition of Office of Special Prosecutor
Ghana to introduce national standards for EV chargers and batteries
West African countries urged to strengthen regional collaboration to achieve universal energy access
Asutifi North: Newmont supports Farmers’ Day with GH₵368,000 donation
Ghana’s Black Stars brace for 2026 World Cup draw, facing crucial group-stage destiny
Ghana must move to commercial farming to reduce food imports – Majority Leader
Recent News
Effective natural way for dealing with knee and hip arthritis
Koforidua: Passengers enjoy extra services of provisions buy in taxi
This Japanese Invention Let’s You Speak 43 Languages Instantly
Smoking ‘damages eyes as well as lungs’- Specialists warn
Prada unveils revolutionary bag collection made from ocean plastic
Alcohol, drug-related mental illness on the rise in Ketu South
Gloria Vanderbilt, heiress and socialite, dies at 95
Famous birthdays for June 1-12:Peter Dinklage,Franklin Agbenyo, Angela Nhyirah, Harriet Lamptey
Tips To Throw An Eco-Conscious Wedding
#KuToo no more! Japanese women take stand against high heels
Ten Ways To Make Lunching Al-Desko More Eco-Friendly
Singapore confronts food crisis with sky farms and lab-grown shrimp
Prada announces it will ban fur by 2020
Fashion giant LVMH partners with UNESCO to achieve sustainable goals
Drink This Wonder Juice At Bedtime To Cut Down Belly Fat
Dior launches radical collection promoting local African print
Ghana-based American jazz singer Toni Manieson dies
5 Things To Tell Yourself When Feeling Down
I interviewed celebrities every day for six years- Jessica Evans
Finland, named world's happiest country, offers 'rent a Finn'
Northern region: Meanings of traditional attires & ways of dressing
9 Perfume Hacks That Will Make You Smell Gorgeous All Day
Palazzo Pants – Everything You Need To Know
Trying To Be Eco-Friendly? You Should Start With Your Choice Of New Phone
Ukrainian Artist Turns Plastic Into Jewellery
Is it safe to fly while pregnant? Here's what a doctor says
New planetary diet to promote global health, experts say
Iconic fashion designer Karl Lagerfeld has died – Source at Chanel
Signs a Shy Guy Likes You
Gucci to step up diversity hiring after 'blackface' uproar
Valentine's Day: Romantic Ways To Say ‘I'm In Love With You’
Reebok Russia stirs controversy with 'face-sitting' slogan in feminist ad campaign
New conveyor belt mattress to keep bed hoggers in their own lane – Ford
Barbie to unveil new dolls with wheelchairs, prosthetic limbs
Valentine's Day Tips
Droves of Ghanaian ladies crazy for short haircuts
Lion cub playfully bites on his mother's tail in Kenya
Ariana Grande gets Japanese text tattoo with hilarious misspelling
Kim Kardashian steps out with North’s hair straightened again
Meghan Markle won't return for 'Suits' final season, creator says
Hawaii farmer's 6-pound avocado beats Guinness record
100 Ways to Live to 100
Victoria Beckham Celebrates Reebok Collaboration
Water intake. Before, during or after meal?
Red meat not linked to high cholesterol- Doctor
Michael Kors' take over of Versace is complete
South Africans celebrate country's beauty queen at Miss Universe
The Best Anti-Aging Foods for Women
Top 4 Cancer Screenings That Should Be on Your Radar in 2019
The luxurious home made of bamboo
Addiction is a Disease of the Mind and Body- Walter Damen Asoh
Hotel's underwater villa costs $50,000 per night
French fashion group Vivarte sells off Chevignon brand
Adopt healthy lifestyle to live longer
Sunlight ‘may be best disinfectant for homes, hospitals', scientists claim
Benefits of Coconut Water
WaterAid Ghana launches campaign for universal access to WASH
Bottle of Macallan whisky sold for record-breaking $1.1 million
World's most expensive shoes go on sale in Dubai
Michael Kors buys Versace for €1.83 Billion