Audio By Carbonatix
Local businesses have been tasked to improve trade ties among themselves even as Ghana gears up to host the Secretariat of the Continental Free Trade Area.
At the 3rd Accra Chamber Business to Business Networking event in Accra, Regional Chairman of the Accra Chamber, Nana Agyenim-Boateng, explained that even as trading with other African markets was needed for economic growth, increased domestic trade goes a long way to boost volumes and make indigenous firms – especially SMEs – much competitive.
“This business to business network session is very important for business owners to learn success and investment tips from each other. They need this to also prepare themselves for the Continental Free Trade Area (CFTA) which will demand much competition,” he told JoyBusiness.
The Executive Secretary for the Ghana International Trade Commission, Frank Agyekum explained that a framework is in the works to deal with dumping and underpricing as Ghana preps up to host the much-talked-about African Continental Free Trade Area.
Even though the United Nations Economic Commission for Africa (UNECA) has laid out structures to contain and regulate trade says this framework will act as a mouthpiece and guardian for all local businesses.
Speaking at the event, Frank Agyekum explained that “there will definitely be cases of unfair trade - dumping and smuggling – in the wake of the CFTA. This undercuts most business and that’s why we need interventions like this,” he said.
The 3rd Accra Chamber Business to Business Networking event in Accra is targeted at businesses on all ladder of economic performance.
Highlights of the event included the exhibition of products and services, establishment of partnership and joint ventures, network among representative of participating member firms and sharing of business ideas.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
TTAG raises alarm over proposed recruitment of 7,000 teachers, demands national posting roadmap
16 minutes -
Civilians feared killed after reports of air strike on Nigerian market
26 minutes -
Bishop Simon Kofi Appiah installed as new Jasikan Diocese Bishop
27 minutes -
Trump’s Strait of Hormuz blockade threat raises risks and leaves predicaments unchanged
29 minutes -
US Court backs extradiction of former MASLOC CEO Sedina Tamakloe-Attionu’s to Ghana
48 minutes -
Seven arrested as NAIMOS dismantles illegal mining camp, seizes firearms at Boin River
50 minutes -
Fire erupts at Madina Ritz Junction, destroys multiple wooden structures and containers
1 hour -
Daniel-Kofi Kyereh returns from long-term injury, registers assist for Freiburg U23
1 hour -
Knifeman calling himself ‘Lucifer’ slashes three at NYC’s Grand Central
2 hours -
Brands are built from within to without Â
2 hours -
Matriculants urged to pursue excellence as gov’t reaffirms support for Maritime education
2 hours -
See the areas that will be affected by ECG’s planned maintenance on Monday, April 13, 2026
2 hours -
GPL 2025/26: Salim Adams double fires Medeama back to summit after Kotoko rout
2 hours -
Two robbery suspects convicted following violent gold dealer attack in Obuasi
2 hours -
Supreme Court @150: Fanfare meets reflection as nationwide activities roll out
2 hours