Collapse of local printing houses blamed on high taxes

Krapah, (Ash), Oct. 2, GNA- The poor performance of the local printing industry has been blamed on high taxes on equipment and printing materials imported into the country.

Mr. Yaw Ofori, Managing Director of EDO Printing Press at Krapah, near Ejisu, in the Ashanti Region, who said this in an interview with GNA at Krapah, called on government to revive taxes on imported equipment and printing materials towards the revival of the industry.

He said because most printing houses in the country were small in size they were unable to attract credit facilities to enable then to purchase equipment and printing materials.

Mr. Ofori expressed regret that due to the high cost of printing in the country most customers preferred printing their works outside the country to the detriment of local printers. 2 Oct 07