Ken Kwamina Thompson, CEO of Dalex Finance Limited has said in a recent interview that it will take Ghana over 3 years to get back on its feet after the novel Coronavirus crisis.
According to Ken Kwamina Thompson, Ghana needs to act fast to ensure that businesses get back to normal as soon as possible. – “We need to act now and we need to act fast.”
Mr. Ken Kwamina Thompson made the assertion speaking on TV3 Saturday current affairs analysis program The Key Points.
He bemoaned the fate of the informal sector, observing that it will be the hardest hit in this crisis.
Already, the government has made available a stimulus package of about GH¢600 million earmarked to be accessed by small-scale businesses through the National Board for Small Scale Industries (NBSSI).
This will be in the form of soft loans for these small- and medium-scale enterprises.
But Mr. Thompson said it was wrong, in the first place, for the government to channel the resources through NBSSI as that body was set up on political lines.
He said the government should have worked with the various associations or professional bodies like the Ghana Association of Bankers with this support.
The chartered accountant said there is a need for the government to act quickly and fast to save many companies from total collapse.
“This is the time when the Minister of Business Development should be out there promoting entrepreneurship.”
The outspoken finance director said in the fight to recover from this crunch, the “classic Ghanaian thing” should be done away with.
He explained that it should not be all-talk with no action.
For him, immediate steps should be taken to save thousands of businesses from the crisis.
Source: OccupyGh.com/TV3
Source: OccupyGh.com
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