info.afrindex.com
China-Africa Trade Information Service
info.afrindex.com
China-Africa Trade Information Service
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Some members of the Ghana Employers’ Association have emphasized that the need for the Ghana to have a national re-orientation on how the development of the country should be.
The members also expressed concern about the huge corporate tax on rural businesses which stood at 25 percent, the burden of import levies on local industries and the unfriendly cost of doing business.
Another critical area of concern according to them was the massive whip up of interest in entrepreneurship among the youth and unemployment without the commiserate structures and enabling environment for capital acquisition into such start-ups.
Mr Samaad Yussif, a Relationship Manager who addressed a breakfast meeting organised by GEA in Takoradi pointed out that the Bank of Ghana policy 'on no collateral no credit' has made it difficult for banks to support start-ups, adding “Elsewhere, a good idea is enough for financial support”.
On bridging industry and academia gap, Mr Yussif said every course was useful to the socio-economic development of a country, adding “though I did economics and philosophy, I must confess that it is the philosophy that is helping in my work…the classics, history, music, philosophy are still relevant and Ghana must develop and tap into these areas for growth”.
The GEA encouraged employers who were not yet members to join the Association to enable a collective advocacy towards a congenial business environment, so it is good for the development of Ghana.
