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Govt studying Exxon-Kosmos deal

Comment: Thanks, what abt COMMON SENSE

Author:
Kwame
Date:
2009-10-08 12:15:25
Comment to:
How it works - AKOSUA


Good explanation but my question is " do we also lack the common sense to make sure that these companies find local partners and register as home companies"

If even it is 10% locally own and the business registers a full operating office in Ghana, it will ensure that most of they money stay here and with time the locals will acquire the skills and competence to compete.

This is exactly what South Korea did, today they have huge multi-national companies that compete with that of Japan. Sumsong is even doing better than Sony, they have taken the lead of producing battery(high tech batteries for laptops and fuel cells for cars) from Japan.

We know very well we don't have the expertise and technical know how but DO WE LACK COMMON SENSE TOO.

Please give me an answer

This article is closed for comments.

10-08 04:51
 
 
 
 
 
 
Thanks, what abt COMMON SENSE
Kwame
10-08 12:15
JAH-jerry >>>>>>>>>>>>>>>>>>>>
10-08 09:05