Chairperson of the Council of State, Nana Otuo Siriboe II, has bemoaned the poor work attitude of private sector staff.

According to him, pilfering of company properties, laziness and irresponsible behavior are factors contributing to the collapse of young businesses. 

He entreats business owners to be vigilant to keep their businesses running.

Nana Otuo Siriboe was addressing indigenes of Juaben in the Ashanti Region at the commissioning of the Christal Palace Gardens hospitality facility.

“What is more worrying is, whilst you establish a business to employ the youth, they in turn treat it as a favoUr other than treating it as an opportunity and source of livelihood. Some even resort to stealing, not considering how it will collapse the business.

“These things collapse businesses and so workers here should treat the business as important to themselves and their families. One needs to be focused to keep them in business. The ups and down may weigh you down,” he said.

The 50-bed facility contains a swimming pool, restaurant and resort aimed at improving recreation and hospitality in the municipality.

Chief Executive Officer of Christal Palace Gardens, Nana Biribiba Boateng, bemoaned the high cost of doing business in the country.

He cited high taxes and business registration levies as frustrating and having the potential to kill the spirit of entrepreneurship. 

“Business owners are suffering. The cost, stress, and frustration of setting up a business are worrying. Infant firms who are yet to register their businesses are supposed to pay certain levies even before the start of the business. So, I will appeal to the government to support start-up businesses.

“We cannot promote entrepreneurship when these costs and taxes are strangling entrepreneurs. The government can permit the setup of the business, provide subsidies and allow for a timeframe to pass before such business start-ups start paying these inflicting costs,” he said.

In response, Minister of Education, Osei Yaw Adutwum indicated that, “the government has grants that most entrepreneurs may not be aware of. Such includes TVET grants in the education sector to support people with a vision of supporting TVET education and I believe there are financial support channels aimed to support start-ups”.