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Business News of Wednesday, 21 October 2015


Mahama orders ban on imported electrical cables

President John Mahama President John Mahama

President John Mahama has ordered the immediate ban on the importation of electrical cables and transformers due to quality concerns.

According to the President, local businesses must take up the challenge to produce for the local market.

President Mahama stated that many fire outbreaks in the country can be prevented if local businesses begin investing in the manufacturing of quality electrical cables and transformers.

“Let’s think out of the box, I have told the Electricity Company of Ghana that they won’t import any of those electrical products anymore.

“Cables must be produced here, transformers must be produced here, meters must be produced here because our Ghanaian businessmen can set up those businesses to produce them.

“We have tropical cables, why do you go and bring cables from China and they are exploding every day and creating problems, so there is a lot that we can do here,” President Mahama said in the Ashanti region during his tour.