Gov’t must support local companies – Dr. Dzani

IDEAL Finance, a microfinance company, has launched its 5th-anniversary celebration at Ada in the Greater Accra Region with a call on government to implement policies that will support the growth of indigenous companies.

Dr. Nii Kotei Dzani, Chief Executive Officer (CEO) of IDEAL Finance, who made the call, said currently government offers tremendous support to foreign companies operating in the country instead of the indigenous ones.

He said the prevailing economic environment is not conducive for entrepreneurs to thrive, attributing it to the lack of adequate support from government.

“There should be a clear-cut policy to support local companies. When we are given the needed support I think the indigenous companies will be able to do well and compete with the foreign ones,” he said.

Touching on the success chalked by the company in its five years of operations, he said the IDEAL Group has been able to establish three companies- IDEAL Capital Partners, First Trust Savings and Loans and Ideal Trade.

Dr. Dzani said the company has built solid structures and would become an international company in the next five years.

“We are not only investing money but investing in innovation in order to become a universal bank by 2017. We want to transform lives and impact on society,” he said. The CEO said the company would provide world-class services to meet the diverse financial needs of customers, as well as offer both loans and investment products at very competitive rates.

As part of the anniversary, the company cut the sod for the construction of an ultra-modern six- unit classroom block for Ada Senior High School (SHS), the Alma mater of Dr Dzani.