Alan Kyeremanten Trade Minister says gov't policies will enhance companies' competitiveness

Government has reiterated its commitment to make the private sector competitive.

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Government is committed to putting in place a congenial policy environment to enhance the competitiveness of companies in Ghana, that’s coming from the Trade and Industry Minister Alan Kyeremanteng

The trade minister stated that government will make sure that access to medium and long term financing as well as technical support to companies becomes readily available.

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Speaking at the 60th Anniversary Celebrations of Nestle Ghana Limited the minister said government will provide other incentives including marketing and distribution support to companies.

 

"What government is interested in, is creating jobs. Whatever it takes to support a company for them to survive and create jobs is what we are interested in".

The Minister of Trade lauded for its tax compliance over the years.

"They are paying taxes. My understanding is that they are the second best tax payer in Ghana. Government needs revenue to be able to support its projects".

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He also reiterated that the policy initiatives introduced by government will encourage Ghanaians to patronize local products and services.

Managing Director of Nestle Ghana Ltd Mrs Freda Y Duplan said all though there have been some challenges the company has survived primarily by creating shared values for both businesses and society.

"Nestle is driven by one purpose-enhancing the quality of life and contributing to a healthier future."

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For a multinational company, Freda Duplan said their commitment to local agricultural sector has been encouraging.

"Through a partnership with the Ministry of Food and Agriculture from 2008 to 2016, Nestle trained more than 50,000 cereal farmers through the Northern Rural Growth programme, in partnership with the international Institute of Tropical Agriculture," she indicated, adding, that the company has a long term commitment to the youth and employment in the country and this commitment is expressed by way of providing internship opportunities to prepare the youth for the world of work”.

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