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
-
Milo U13 Championship reaches quarter-final with thrilling match-ups
45 minutes -
From glut to growth – John Dumelo says value addition is the way forward
2 hours -
Feed Ghana, feed industry – Deputy Agric Minister Dumelo outlines new direction
2 hours -
Agric glut was political, not strategic – Chamber of Agribusiness Ghana boss warns of lost livelihoods
2 hours -
Food glut situation is no victory – Chamber for Agricbusiness Ghana CEO warns
3 hours -
Was Prince Harry referencing Trump in joke for Late Show sketch?
3 hours -
Arrest over fire petition stirs public debate in Hong Kong
3 hours -
Man who killed ex-Japan PM Shinzo Abe apologises to his family
4 hours -
Police recover $19k Fabergé egg swallowed by NZ man
4 hours -
Ireland among countries boycotting Eurovision after Israel allowed to compete
4 hours -
Grand jury declines to charge Letitia James after first case dismissed
4 hours -
Tanzanian activist blocked from Instagram after mobilising election protests
4 hours -
‘Not becoming of a president’: Somali-Americans respond to Trump’s ‘garbage’ remarks
4 hours -
More than 300 flights cancelled as Indian airline IndiGo faces ‘staff shortage’
5 hours -
Top UK scientist says research visa restrictions endanger economy
5 hours
