Audio By Carbonatix
Former president John Agyekum Kufuor is urging the government to partner the private sector in a manner that is mutually beneficial to unlock the wealth of the country for sustainable development.
According to him, this is the only way Ghana can delink itself as a highly import-dependent country.
In his view, reducing high-interest rates and other economic indices that make it hard for private business to thrive in the country will whittle down the lofty unemployment rate in the country.
This he also said will encourage emerging and established entrepreneurs to operate without hindrances and inject more money into the economy by growing more businesses that will create employment opportunities for others.
Former President J.A Kufuor was speaking in Accra at the launch of 2017 edition of the "Lifetime in a Portrait Awards” by Change Initiators Foundation.
"...Raw material export without diversification and value addition will not do Ghana any good. If we create the enabling environment for the public and Private sector to add value to our raw materials, the country will make money and more jobs will be created," said former President Kufuor.
Former president Kufuor believes that the more the private sector is empowered to do business, the more revenue the country will generate to undertake its projects without overly relying on foreign aids.
He also lauded the "Ghana beyond aid" agenda being pursued by President Nana Akuffo-Addo.
The Change Initiators Foundation is a not-for-profit organization established in 2001 with the objective of empowering, creating opportunities for businessstart-upss as well as honouring distinguished entrepreneurs whose activities have made Ghana an enviable business destination.
The honorees of the 2017 edition of the 'Lifetime in a Portrait Awards include the Chief Executive officers of the McDan Group of Companies, Golden Group of Companies, Linda Dor Group of Companies, Golden Beam International School among others.
Each of the awardees received a magazine that chronicles their journey to becoming extraordinary entrepreneurs. This according to the organizers, is to inspire emerging entrepreneurs in the pursuit of their dreams.
The Lifetime in a Portrait Awards is organized every year by the Change Initiators Foundation and it honours businesses in manufacturing, pharmaceuticals, real estate, waste management, freight forwarding, building and construction, innovation and creativity among others.
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
-
Central Regional Minister urges use of religious platforms to change environmental, sanitation practices
2 minutes -
Henry Kweku Banning
2 minutes -
Execution of US murderer Christa Pike halted an hour before it was due to happen
4 minutes -
GoldBod generates US$1.87bn in FX in September, exceeds monthly target
8 minutes -
SOE comments controversy: ‘We must never abandon our humanity because of judicial office’ – CJ
17 minutes -
Samuel Kojo Brace declares intention to contest NPP parliamentary primary in Ahanta West
19 minutes -
Dr Apaak calls for evidence-based education response to emergencies
22 minutes -
Pilot may have sought to crash Israel-bound flight after stabbing other pilot, Netanyahu says
27 minutes -
Report flags potential money laundering, terrorist financing risks among Ghana’s NGOs
27 minutes -
Breast Cancer Awareness Month launched: 2,695 women die from breast cancer annually — Dr Ann-Dadzie
35 minutes -
Mahama’s proposed airline looks to South America, Caribbean as Ghana confronts mounting drug trafficking cases
50 minutes -
5% progress on Suame Interchange Phase One inadequate – Roads Minister tasks contractor to speed up work
53 minutes -
Photos: Vice President joins GAAS Awards to celebrate outstanding women leaders
54 minutes -
OSP vs Ken Ofori-Atta, SML and others: Court gives OSP four more weeks to serve Ofori-Atta with summons
55 minutes -
High Commission sends caution to Ghanaians in South Africa ahead of planned protests
58 minutes