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RADP / Pulse Ghana  >  news  >  business

Gov’t can do very little for Ghanaian businesses – GIPC boss

Magdalene Teiko Larnyoh

Asked what support government can give to start-ups that have the potential of becoming international brands. Yofi Grant said “those who always line up to see government officials before they get their businesses growing do not go far.”

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This is because the government of Ghana can do very little to support and help expand Ghanaian businesses in the country.

This was disclosed by the Chief Executive Officer (CEO) of the Ghana Investment Promotions Centre (GIPC), Yofi Grant.

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He was speaking at the Ghana Economic Forum held in Accra on Monday (August 7, 2017).

Asked what support government has to offer start-ups that have the potential of becoming international brands.

He said “businesses here are like businesses everywhere. Sometimes you don’t need government to support you. Those who always line up to see government officials before they get their businesses growing do not go far.”

READ ALSO: Ghana's one district one factory policy to create one million jobs within the next four years

He explained that this is “because the government can do very little for you. The government concerns and needs are bigger than pushing a private businessman.”

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“We can only create the space and make sure that space enables you to grow,” he added.

The CEO of GIPC explained that there were Ghanaian businesses doing well even though they have never come to the government for any help.

He called on Ghanaian owned businesses to forge ahead instead of relying on government for any help or handouts.

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Magdalene Teiko Larnyoh Magdalene Teiko Larnyoh A feminist at heart and a lover of art. She loves to write on business, politics and health.

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