Business News of Friday, 1 October 2010

Source: GNA

Let's buy made-in-Ghana for economic growth-Kale

Wa, Oct.01, GNA - Mr. Caesar Kale, Deputy Upper West Regional Minister, has urged Ghanaians to sacrifice their taste for foreign goods for made-in-Ghana goods as the economic flourishes when locals feed on what is local.

He said Ghanaians would be creating more economic prosperity for foreign countries to the detriment of their own economy if they continue to hunger for foreign goods.

Mr. Kale was briefing Journalists in Wa on the outcome of the Ministerial Workshop on Business and Investment for African English Speaking Countries held in China recently. The workshop exposed the participants to China's economic reforms, their experiences and lessons as well as offered them the opportunity to interact with investors, businessmen and entrepreneurs in China. Mr. Kale urged Ghanaians to come out with an economic model that would help promote the economic advancement of the country and avoid copying models from developed countries.

All these notwithstanding, he said Ghanaians must first learn to fight corruption and that must be done through a holistic approach from the family, basic school and at institutional levels in the country. "My first cultural shock I had in China was when I gave some money to a Chinese student who helped me throughout my two weeks stay and he turned me down, saying that was not part of their culture and practices.

"Ghanaians must learn to cure corruptions as it had been done in China", Mr. Kale said.

He announced that plans were ongoing to establish Sister-City Relations between Wa Municipal and Chongging Municipal in China for the mutual benefit of the two countries. Mr. Kale urged African governments to develop a political will, using the sub-economic structures, such as Economic Community of West African States (ECOWAS) and others to integrate to enhance the economic emancipation of the continent.