21 July 2017

Lazy man’s approach is killing businesses – Chairman Ampadu to Politicians

The Chairman of Abossey Okai Spare parts dealers association, Mr SiawAmpadu has advised politicians to think outside the box instead of adopting the lazy man’s approach which has proven to be counter productive.

According to Chairman Ampadu, large and small to medium sized enterprises expect the political hierachy to use their expertise and experience to create the necessary enabling environment for business to thrive in the face of inevitable challenges.

He observed that, politicians over the years have adopted the lazy man’s approach which creates challenges instead of opportunities for them to exploit.

Chairman Ampadu made these observations in an interview with Kwaku Owusu Adjei on NYANSAPO on Agoo Tv last Thursday.

He is therefore calling on government to immediately implement policies that will make spare parts dealers competitive while reducing the cost of doing business.

He again urged government agencies and stakeholders to be more practical and learn best practices from countries where avenues are created for businesses to have access to credit facilities so as to increase productivity and profitability.

He questioned how businesses in Ghana can compete with colleagues in China who pay between 3%-6% on loan facilities as compared to the local businessman who pays between 36% and 45%.

Despite the abolishment of taxes by the Finance Minister which he describes as commendable,ChairmanAmpadu believes a lot needs to be done to ease pressure on them.

By: Leticia Ohene-Asiedu &KwakuAnkoma-Abrokwaa

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