A merchant of Raw Cashew Nuts (RCN) operating in the Tain District of the Bono region, Solomon Ameyaw, has observed that for the private sector to be the engine of growth, intermediary organisations, such as trade and business associations (TBAs), should act as the voice of the industry.
He stressed that private businesses must organise themselves into powerful associations that will effectively use advocacy to articulate their concerns.
He noted this draws the attention of policymakers at the national, regional and district levels.
"They can advise the government on adopting prudent economic policies to create the appropriate environment for private sector growth and development.

The TBAs should strengthen the capacity of the private sector, determine policy and the allocation of resources," Mr Ameyaw suggested.
He was commenting on promoting business associations in Ghana in an interview with JoyNews at his RCN warehouse in Seikwa in the Tain District of the Bon region.
He said his company will soon organise workshops for the TBAs to improve the members' capacity for trade and business transactions.
The workshops, he noted, will strengthen the associations to enable them to have a strong and coherent voice to effectively play their role in the development process and further contribute to the achievement of the government's economic policies.
According to Mr Ameyaw, TBAs in Ghana are weak, poorly funded and lack research and lobbying capacity.

He said the policy environment has remained relatively weak for the private sector despite the government's declared commitment to private sector development.
He suggested that the leadership of business associations should strive for a strong voice in the determination of policy and the allocation of resources, adding that “strengthening business associations is a shared responsibility”.
The RCN merchant indicated that Ghanaian business associations possess the potential to become a force to be reckoned with in the national arena.

However, he added, "What is required is effective leadership that will rise to the challenge and offer the requisite leadership".
He noted that in the current competitive business world, it is almost impossible for any small-scale entrepreneur to survive as an individual.
"The resources of an individual alone might not be adequate to enable him or her to compete effectively with the larger business concerns which use modern and complex scientific methods in production," he explained.
Latest Stories
-
2026 World Cup: We are 100% confident Ghana will qualify – Bonsu Baah
15 minutes -
Springboard Road Show Foundation signs MoU with Youth-Led Organisations to scale Empower360 Impact
16 minutes -
Collateral Registry deploys Artificial Intelligence to strengthen system security and efficiency
19 minutes -
Vincent Joseph Robert Richter
20 minutes -
Prempeh I Int’l Airport runway extension project to be completed in 2025 – Transport Minister assures
22 minutes -
Applauding Ghana’s Independent Power Producers: Unsung heroes of the energy crisis
23 minutes -
Global economy set for weakest run since 2008 – World Bank
30 minutes -
GIPS congratulates Basil Ahiable on his appointment as board chairman of PPA
1 hour -
Ayra Starr makes history with first BET Award for Best International Act
2 hours -
ORAL had 33 cases, whistleblowers push count beyond 50 – Deputy AG Srem Sai reveals
2 hours -
Tems excited ahead of historic FIFA Club World Cup show
3 hours -
Some former appointees are providing information against their ex-colleagues – Dr Srem-Sai
3 hours -
NAPO is under investigation for mathematical sets procurement, other issues – Dep AG Srem Sai reveals
3 hours -
Dozens of ex-gov’t officials quietly answering for their tenure without fanfare – Dep AG Srem Sai
4 hours -
South African business confidence edges up in May after big drop in prior month
4 hours