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The 'Kofi Wayo rice' saga

Sat, 23 Jun 2001 Source: --

Daily Guide says it can confirm that Stallion Industries and Investments Limited, duly registered in Ghana, and with certificates from the Ghana Investments Promotions Centre and the VAT Secretariat is in no way connected with Mr Charles Kofi Wayo, the cigar chomping and swashbuckling Nima Boy.

Stallion Industries and investments Ltd, who imported the fast selling Freedom Rice from Thailand a.k.a. "Kofi Wayo" rice, have therefore categorically denied that the NPP government nor Mr Kofi Wayo knows anything about the Freedom Rice currently flooding the market.

They made the denial in a statement to the Daily guide on Thursday.

"We do not even know him, have never met him and we don't know who started the gimmick", said one of the two importers of Freedom and Caprice brand rice. Kofi Wayo rice (Freedom rice) is 10 percent broken while the Caprice rice is five percent broken. All sell between ?128,000 and ?135,000 per bag depending on the exchange rate of the day.

It is not clear who may have started what Daily Guide can only describe as the "Marketing Strategy of the year". Certainly it is not by the importers, Stallion Industries and investment Limited, owned by two Indian brothers.

Until they came to Ghana, the two Indians were doing business in Nigeria.

Source: --