Audio By Carbonatix
Joe Jackson, CEO of Dalex Finance, has proposed that the government consider abolishing direct agricultural subsidies and instead focus on supporting risk management for the sector.
Mr Jackson explained that the government should implement guarantee schemes to enable financial institutions to fund farmers more effectively.
He cited an example from his company, which provided loans to over 5,000 rice farmers in northern Ghana. Despite the support, many farmers suffered losses, highlighting the need for a more sustainable approach.
"In truth, we should stop subsidising agriculture and subsidise risk," he said. "Give a guarantee scheme so that we can afford to go and fund these farmers, give a guarantee scheme so that some boy can go and fund corn, fund cassava, fund millet and maize and all the things that we need to do for agric, then all of a sudden you will find the money flowing in," he added.
Latest Stories
-
Ghana–India trade nears $5bn as bilateral partnership deepens
20 seconds -
Ghana set to exit IMF programme this year – Haruna Iddrisu
3 minutes -
Today’s Front pages: Thursday, January 29, 2026
1 hour -
More than 8,500 delegates to vote in NPP presidential primaries in Upper East
1 hour -
Bawumia is formidable and prepared candidate – Regional Campaign team member
2 hours -
KAIPTC launches inaugural Executive Travel Security Course
2 hours -
Ghana loses nearly 19 tonnes of gold in 3 months – BoG urged to explain
2 hours -
Bryan Acheampong claims nationwide campaign edge in NPP flagbearer contest
2 hours -
CAF dismisses Morocco protest to strip Senegal of AFCON title for misconduct during final
3 hours -
I almost lost hope along the way – Matthew Nyindam
3 hours -
The womb and the field: How colonialism turned African women into permanent infrastructure
3 hours -
Government committed to recapitalising BoG after DDEP losses – BoG Governor Asiama
3 hours -
Banks have started calling customers for loans, says BoG Governor
3 hours -
Bawumia promises ‘10 appointments per constituency’ under prospective NPP gov’t
3 hours -
Bawumia leads NPP flagbearer race with clear majority – Global InfoAnalytics
4 hours