This article is closed for comments.
Entrepreneurs are risk averse because the Ghana economy is a high risk high transaction uncompetitive cost economy. High taxes, high utility, fuel, transport, logistics and interest rates, plus ridiculously expensive cost of ...
read full comment
Entrepreneurs are risk averse because the Ghana economy is a high risk high transaction uncompetitive cost economy. High taxes, high utility, fuel, transport, logistics and interest rates, plus ridiculously expensive cost of credit. Which sane person will not be risk averse in such an economy. In fact most people like yourself will simply go and work for government until retirement or their party assumes power and can offer avsecure contract. Dr. Akosa in an interview with K SakyiAddo on Joyfm as condemning ghanaians entrepreneurs for making this a country of traders instead of manufacturing. When he reminded that his own wife was a trader in imported products he said it was her choice. Then he was asked why he thinksvhe can convince traders to invest in manufacturing if he could not influence his own wife and household. What risky business investment has Maj Tara tried before. I rest my case
Copyright © 1994 - 2024 GhanaWeb. All rights reserved.