Reduce interest rates - Kennedy Agyapong to banks.
The Member of Parliament (MP) for Assin Central, Kennedy Agyapong, has approached business banks to decrease financing costs to invigorate monetary action.
"Financing costs in Ghana are extremely crazy and make it practically unimaginable for neighborhood organizations to contend well with unfamiliar organizations," he said.
Mr Agyapong settled on the decision during a commitment with understudies of the School of Business of the Kwame Nkrumah University of Science and Technology (KNUST) in Kumasi last Tuesday.
Named: "Professionals' commitment on business capabilities", the occasion, which was coordinated by the School of Business, as a team with the Kumasi Business Incubator, was pointed toward giving a stage to the understudies to gain from industry players a portion of the abilities and characteristics expected to get by as business people.
Mr Agyapong, who is likewise a financial specialist, showed that most business banks added their net revenues to the credits they gave out, which wound up raising the loan fees.
"Numerous organizations have been grumbling about this," he said, adding that the exorbitant loan fees were the explanation most Ghanaian organizations would prefer to import completed merchandise, rather than delivering them locally.
Advancement Bank
Mr Agyapong asked the recently sent off Development Bank of Ghana (DBG) to manage organizations and not give the cash to business banks for ahead loaning to organizations.
He said it would be better for the DBG to think about the confidential area and loan the cash to that area at a less expensive rate than go it through the business banks.
As per him, the target of the DBG of supporting the confidential area with less expensive credits wouldn't be accomplished in the event that it needed to channel the credits through an outsider.
Get rich condition
Mr Agyapong encouraged the adolescent against the hurry to make it throughout everyday life, adding it was significant for them to stick around for their chance.
He said becoming effective didn't come for the time being nevertheless required a great deal of penance and difficult work.
As indicated by him, to have the option to prevail as a business visionary, one should have been reliable, aggressive and focused.
Be that as it may, he expressed, a large portion of the young today were eager to drive the most recent vehicles and would effectively get those things.
"Most business visionaries needed to go through restless evenings and long stretches of reserve funds to have the option to be where they are today," the MP said, and requested that the understudies fabricate the way of life of investment funds and figure out how to forfeit their solace today for a superior tomorrow.
Lowliness
The Chief Executive Officer of Uni-jay Limited, a style and plan undertaking, Janet Abobigu, who was a specialist on the program, approached the young, especially the females, to lower themselves and gain from their companions.
She expressed regardless of their degrees of schooling and situations with life, they would meet individuals who knew better compared to they and ought to be sufficiently unassuming to permit themselves to be educated.
Mrs Abobigu said despite the fact that the world was battling for orientation fairness, the reality stayed that it was a man's reality thus ladies shouldn't approach attempting to hobnob with men and attempting to demonstrate that they (ladies) were better.
As per her, ladies ought to have the option to utilize their woman's rights to get men to convey them along to allow ladies' work to represent them.
The business visionary made sense of that it was unrealistic for the adolescent to do everything; what made a difference was to have thoughts, the important help and money, adding: "You get individuals to make your thoughts work for you."
Trust
She emphasized the significance of confidence in business, saying it was the main money that supported organizations.
She said on the off chance that one couldn't be relied upon, it would be outside the realm of possibilities for individuals to work with the person in question or in any event, for one to get credit to extend one's tasks.
In this manner, Mrs Abobigu approached the young, especially those able to go into business, to continuously respect their commitments.
blogpay
Total Comments: 0