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Government is killing our business - Kantanka

The Chief Executive Officer (CEO) of Kantanka Automobile Limited, Kwadwo Sarfo Junior, said government is not supporting them after they agreed to allow two foreign-owned automobile companies establish assembling plants in Ghana.

This comes after the government announced that it will allow two foreign-owned automobile companies establish assembling plants in Ghana.

Senior Minister, Yaw Osafo-Maafo, revealed that government had already signed a Memorandum of Understanding (MoU) with two automobile companies to establish assembling plants in the country.

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He said it will complement government’s industrialisation agenda.

However, Kwadwo Safo said this was a wrong move.

“If you hear a Senior Minister say that they are going to have two more automobile plants in the country, while there is an automobile plant already in Ghana that you haven’t supported, I mean you clearly don’t even understand industrialisation or the automobile industry.”

“You need to support what we already have here that employs Ghanaian citizens; why do you have to go out there, get a foreign company, bring them here to compete with your local industry and kill them off?”

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“They have money, and if you look in the things that they are talking about now, there are so many clauses. He mentioned that they have to purchase a number of certain cars from them but we [Kantanka Automobile] haven’t given you any clauses, all we’re saying is, take taxes off our vehicle and make the environment conducive for Kantanka to be able to operate.”

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