
Audio By Carbonatix
Government has debunked the notion its policies are unfriendly and have been crippling local businesses, particularly at the ports.
This comes after several reports indicating that imports at Ghana's ports in recent times have declined.
A Deputy Minister for Trade and Industry, Michael Okyere Baafi, said government is putting up various measures in place to ensure the growth of local businesses across all sectors.
Speaking to Joy Business, he said government's stringent policies is geared towards boosting local businesses in the country
"Clearly, government’s intervention is to help businesses that originate in Ghana and for that matter to be able to grow these businesses to be an anchor businesses one day. That’s what we are doing now."
"What is happening at the port now, I’m sure it's because a lot of Ghanaians are now venturing into manufacturing and they are producing more here and so it has reduce the exportation of similar goods that would have been exported to town. Apart from that we have no intention to cripple businesses”, he said.
Mr. Baafi was optimistic government's One District, One Factory initiative is still on course.
He maintained that more offshore investors are still interested in investing in the country regardless of the current economic challenges.
"The initiative is still in shape, and however we know we are going through some hard times but investors are still willing to invest in Ghana”, he added.
Latest Stories
-
Tech giant Oracle cuts 21,000 jobs as it embraces AI
9 minutes -
Two-goal Haaland fires Norway into last 32 with win over Senegal
20 minutes -
England boss Tuchel not a fan of hydration breaks
31 minutes -
Oil inches down as investors focus on Hormuz flows after peace talks
41 minutes -
Namibia’s communication regulator dismisses Starlink appeal over license rejection
51 minutes -
Ethiopian prime minister’s party gets another big parliamentary majority
60 minutes -
Ivory Coast cocoa farmers say heavy rain has raised fears of flooding and disease
1 hour -
Meta to pause internal mouse-tracking tech while examining data security issues
1 hour -
World Cup: Mbappe brace as France beat Iraq after two hour delay
1 hour -
Tesla crash that killed a woman under US federal investigation
4 hours -
Millions of iCloud users could claim share of £3bn after Apple case given UK green light
4 hours -
Argentina’s Alvarez wants to leave Atletico Madrid
4 hours -
Germany defender Schlotterbeck out of World Cup
4 hours -
Ex-Wimbledon champion Vondrousova given four-year ban
5 hours -
Man City close in on appointing Maresca as manager
5 hours