‘Economy can’t be transformed without manufacturing‘

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Kojo T 11 years ago

Must we shout this obvious fact from rooftops?

Must we shout this obvious fact from rooftops?
OSEI 11 years ago

No disrespect to agriculture, however, considering the size and population of Ghana, we don't even have enough land for just agriculture.
If we want to be developed in this 21st century and solve our unemployment, GDP, str ...
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No disrespect to agriculture, however, considering the size and population of Ghana, we don't even have enough land for just agriculture.
If we want to be developed in this 21st century and solve our unemployment, GDP, strong cedi etc, the earlier we embark on manufacturing industries and building viable transportation infrastructure. Railway lines from the filthy Accra to Paga with the view of linking the network to all regional centers. I know the "We don't have money" attitude but we pay judgement debts. If we could build just one mile of durable well cemented dual carriage road a year, it would be better. Please, when we talk about industries and projects, we shouldn't waste money on Nkomfem, the guinea fowls of today are smart and more adventurous. Kwame Nkrumah, where are thou? We hated communism, but a corrupt govt. is worse.
Anthony 11 years ago

Typical continent mentality,just consumers and producing nothing.Look at the Stock Exchange ,how many Ghanaaina owned manufacturing companies exist.Mostly financial services copanies to proviide loans for importation of goods ...
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Typical continent mentality,just consumers and producing nothing.Look at the Stock Exchange ,how many Ghanaaina owned manufacturing companies exist.Mostly financial services copanies to proviide loans for importation of goods.A strong agricultural and manufacturing sector together with mining,oil and gas there should be no problem for Ghana.May be every politician should own a farm to start .This will market farming to the ordinary person.
Nii 11 years ago

you dont get it-for Ghana and indeed Africa to develop we need that unity that Nkrumah talked about-tiny small Ghana can not engage in any meaningful manufacturing as there will be no real market to sell to for that substanti ...
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you dont get it-for Ghana and indeed Africa to develop we need that unity that Nkrumah talked about-tiny small Ghana can not engage in any meaningful manufacturing as there will be no real market to sell to for that substantial profit and growth . until we (mainly leaders) in Africa come together and formulate better way of "wholistic" development plan for our 800million population we will not have that meaningful development that we all need.
The mask 11 years ago

The Bank of Ghana (BOG) has no Eastern Regional headoffice. The BOG must ask for land from the King of Akyem (Okyehene) to construct this building. I don´t believe that the BOG has accurate data on the economic activity in t ...
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The Bank of Ghana (BOG) has no Eastern Regional headoffice. The BOG must ask for land from the King of Akyem (Okyehene) to construct this building. I don´t believe that the BOG has accurate data on the economic activity in the at least 12 Akyem districts which make up more than half the population on the region. The GDP and GNI of these Akyem districts are very high. They stem from:

Gold mining
Diamond mining
Cocoa
Oil Palm (the largest in West Africa)
Timber
Software development
etc

The money supply and capital in the at least 12 Akyem districts are wholly inadequate. BOG must remove impediments to the setting up of rural banks in these districts and encourage ADB and GCB to open branches in these districts.

The government must further ensure that wholly owned Ghanaian banks, including rural banks, get at least 80% of the banking revenue.
Nana Richie 11 years ago

Sure, we need to go into manufacturing from agricultural machinery, cars, furniture, among other things. Everything has to start from somewhere. We must encourage ourselves. God bless Ghana.

Sure, we need to go into manufacturing from agricultural machinery, cars, furniture, among other things. Everything has to start from somewhere. We must encourage ourselves. God bless Ghana.
Omanhene(U$A) 11 years ago

There isn't any country in the world which has developed and thus, reached both upper and middle class—in terms of incomes and social status—without the Almighty magic of "industrialization."

Industrialization covers ...
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There isn't any country in the world which has developed and thus, reached both upper and middle class—in terms of incomes and social status—without the Almighty magic of "industrialization."

Industrialization covers the creation of "the manufacturing sector" to first add value/s to existing natural products and to manufacture new products. By so doing, TECHNOLOGY is uncovered to manufacture the MOTOR (Engine) which powers industrial, business and household products. Manufacturing creates JOBS, increases export trade, reduces the appetite for and reliance on foreign goods, it conserves foreign exchange; and it surely helps to put our scientists and engineers to work for the country. Lastly, by the sheer fact that a nation is "technologically developed" commands a great deal of respect around the world. JUST STOP BEING A THIRD WORLD AND PRIMARY PRODUCTS EXPORTER-IN-CHIEF!!

Look at the USA, Japan, Germany, France, England and even South Korea, Malaysia, Brazil, South Africa, India, Hong Kong, etc., etc. They're all technologically capable of manufacturing most of their own goods by which several jobs are created, but above all “they EXPORT” a great deal of their manufactured products to other countries.

Our policy makers should pay careful attention to what the ALOWORKS chief is advocating, because that the only way that we can help ourselves and save our country. Heavy reliance of foreign manufactured goods ain’t going to get us anywhere.
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KWASI 11 years ago

90% OF USA PRODUCT IS FROM CHINA AND THEY ARE SUOER POWER

90% OF USA PRODUCT IS FROM CHINA AND THEY ARE SUOER POWER
siisi 11 years ago

KWASI.... And that's why China controls USA's debt. Let's objective and think
50 years ahead. The China you mention are where they are because of manufacturing

KWASI.... And that's why China controls USA's debt. Let's objective and think
50 years ahead. The China you mention are where they are because of manufacturing
MARFO 11 years ago

MR NO NOTHING.

MR NO NOTHING.

Ben 11 years ago

Why do we compare ourselves to USA.Although they may be leading the pack in terms of most stuff, we need to learn to crawl before we walk.The South East Asian Tigers,Turkey,Rwanda and other coutries have a lot to offer us.We ...
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Why do we compare ourselves to USA.Although they may be leading the pack in terms of most stuff, we need to learn to crawl before we walk.The South East Asian Tigers,Turkey,Rwanda and other coutries have a lot to offer us.We struggle even to be self sufficient in tomato and onions but there is a lot of arable land and rain in Ghana.
mensa 11 years ago

we must seek advise and help from succssesfull country like the usa ,Canada and Australia not from 3rd world countrys . the rich countrys in the world have economy base on imports from china ,indea etc and are all doing well ...
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we must seek advise and help from succssesfull country like the usa ,Canada and Australia not from 3rd world countrys . the rich countrys in the world have economy base on imports from china ,indea etc and are all doing well mainting statues of super powers without manufecture this okoh is talking nonsense looking where balme lies rather then fuchos on salution common sense and creativity
SHARPEST 11 years ago

SURE. REQUIRES URGENT ATTENTION

SURE. REQUIRES URGENT ATTENTION
ababac 11 years ago

Incredible behaviour on the part on the so called Government Ministers.They do not have the know how of how a country should run.

Incredible behaviour on the part on the so called Government Ministers.They do not have the know how of how a country should run.
KENTE 11 years ago

GHANAIANS DO NOT UNDERSTAND THE WORD "BIG TIME MULTI-NATIONAL BUSINESS LIKE COCA-COLA, TOYOTA, LOUIS BERGER, MACDONALDS, KFC, ETC".

EVEN INDIANS AND PAKISTANIS HAVE MULTI-NATIONAL BUSINESSES LIKE LULU HYPERMARKET, TATA, ET ...
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GHANAIANS DO NOT UNDERSTAND THE WORD "BIG TIME MULTI-NATIONAL BUSINESS LIKE COCA-COLA, TOYOTA, LOUIS BERGER, MACDONALDS, KFC, ETC".

EVEN INDIANS AND PAKISTANIS HAVE MULTI-NATIONAL BUSINESSES LIKE LULU HYPERMARKET, TATA, ETC.

ALL GHANAIANS KNOW IS I HOLD 10 PHDs, MSc, BSc, THEN THEY SIT IN AIR-CONDITIONED OFFICES BRAGGING THAT "I AM A VANDAL" AND THE REST OF ALL THAT NONSENSE.

MEANWHILE, ALL THOSE SO-CALLED UNIVERSITIES OF GHANA, KNUST, CAPE COAST, ETC HAVE NEVER PRODUCED A SINGLE GRADUATE WHO CAN MANUFACTURE A WHEELBARROW TYRE.
Ibn 11 years ago

MR. THAT IS RIGHT, I ENCOURAGE YOU TO COME OUT POLICIES AND PROCEDURES TO HELP DEVELOP THIS MULT-NATIONAL BUSINESS IN GHANA.

MR. THAT IS RIGHT, I ENCOURAGE YOU TO COME OUT POLICIES AND PROCEDURES TO HELP DEVELOP THIS MULT-NATIONAL BUSINESS IN GHANA.
Jojo 11 years ago

OPAYIN-

YOU ARE HUNDRED PERCENT RIGHT WITH YOUR COMPREHENSIVE ANALYSIS OF THE
ECONOMY,LACK OF DYNAMIC INDUSTRIES
MANUFACTURING AND PROCESSING PLANTS AND;TO ACCELERATE ECONOMIC GROWTH, EMPLOYMENT OPPORTUNITIES, INCOME AND ...
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OPAYIN-

YOU ARE HUNDRED PERCENT RIGHT WITH YOUR COMPREHENSIVE ANALYSIS OF THE
ECONOMY,LACK OF DYNAMIC INDUSTRIES
MANUFACTURING AND PROCESSING PLANTS AND;TO ACCELERATE ECONOMIC GROWTH, EMPLOYMENT OPPORTUNITIES, INCOME AND BETTER STANDARDS OF LVING IN GHANA.

FIRST AND FOREMOST CALLS FOR MASSIVE INFRASTRUCTURE DEVELOPMENT, CONSTRUCTION,REGULAR SUPPLY OF ENERGY,WATER,COMMUNICATION,ROADS, TRANSPORTATION, SANITATION AND WASTE MANAGEMENT.

SHOULD BUSINESSES BE DONE WITH CELL PHONES AND ENERGY BREAK DOWNS.

WE NEED TO REFLECT AND TO KNOW WHY ARE STILL TOO LATE TO CATCH UP.

PROGRESS IN THE MANUFACTURING CALLS FOR THE PROMOTION OF EDUCATION, SCIENCE RESEARCH, VOCATIONAL AND TECCNICAL TRAINING IN THE COUNTRY AND FOR THEM TO TURN OUT PRACTICAL PROFESSIONAL QUALITY SKILLED WORKFORCE,COMPETENT IN THE KNOWLEDGE TO ESTABLISH MANUFACTURING COMPANIES IN THE COUNTRY.

GHANA IS STILL BLESSED WITH MANY FACTORIES THAT WERE ESTABLISHED IN THE LATE FIFTIES THROUGH TO EARLY SIXTIES AND STILL ABANDONED IN THE COUNTRY.

IT IS TIME THESE FACTORIES ARE HANDED OVER TO WELL EDUCATED AND TRAINED ENGINEERS AND PRECISION SKILLED WORKFORCE WITH VISION, MISSION AND PURPOSE TO ACCELERATE MANUFACTURING,PRODUCTION AND DISTRIBUTION OF GOODS AND SERVICES IN THE COUNTRY.

HERE CALLS FOR THE SUPPORT AND ASSISTANCE OF THE GOVERNMENT, THE MINISTRY OF TRADE AND INDUSTRIES TO PROVIDE THOSE READY TO INVENT AND TO MANUFACTURE, WITH LOW INTEREST RATES,IN THE RENOVATIon,IMPORTATION OF THE NECESSARY MACHINES AND EQUIPPMENT IN RUNNING THE OLD FACTORIES.

IT IS RATHER UNFORTUNATE THAT, THE SO CALLED EDUCATED IN GHANA STILL REMAIN UNCONVINCED OF THE IMPORTANCE OF SCIENTIFIC INNOVATION AND CREATIVITY IN CREATING ECONOMIC GROWTH IN GHANA.

THE QUESTION IS ARE THE EDUCATED WITH BIG DEGREE TITLES FULLY EQUIPPED WITH THE TOOLS IN TECHNICAL KNOW-HOW AND TO TURN THE WHEELS OF INDUSTRIALIZATION IN THE COUNTRY.

THIS CLEARLY INDIVCATES WHY POLITICS HAS BECOME TO THE MANY AS PREOCCUPATION-CAMPAIGN TRAILS FROM DAY ONE AFTER NATIONAL GENERAL ELECTIONS, PRAYER ANBD THANKSGIVING TOURS IN THE COUNTRY.

THIS IS A RESULT OF OUR CONTINUED BACKWARDNESS,UNDERDEVELOPMENT AND EXTREME POVERTY.

AND NEVER SHOULD WE LOSE SIGHT OF THESE NEGATIVE REALITIES.
mensa 11 years ago

there are many sucssful countrys that have zero manufecture and they are rich due to good banking system and turism and other ways ,there are plenty ways to make it with out industrys

there are many sucssful countrys that have zero manufecture and they are rich due to good banking system and turism and other ways ,there are plenty ways to make it with out industrys

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‘Economy can’t be transformed without manufacturing‘

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