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November 23rd , 2024

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TO INCREASE EXPORT GAINS, VALUE ADDITION IS NECESSARY: CHAIR OF M&C GROUP

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Michael Bartlett-Vanderpuye, Group Chairman of the M&C Group Global, a Ghanaian company that offers consulting, commodity trading, and other services, has urged the government to strategically work with the private sector to ensure value addition to the nation's exports.

He argued that it was time for the nation to switch from exporting raw materials to semi-finished goods so it might benefit from the global market.


At a media event in Accra on Monday, Mr. Bartlett-Vanderpuye told the Graphic Business that the government needs to take practical measures to modernise the nation's export-oriented and value-added businesses in order to assist raise more money for development.

Because we place a high importance on value addition, the M&C Group Global is working to diversify the exports of the nation.


To increase revenue and provide jobs for the youth, he stated, "we need to add value to goods and items destined for exporting to the international market."


media exposure

The M&C Group used the media engagement as a venue to introduce both its brand-new corporate clothing and its ultra-modern head office complex at East Legon in the Greater Accra Region.


It was also part of festivities to honour the company's 15th anniversary celebration in the country.

The Group Chairman noted that the organisation had raised 15 businesses to maturity, and that their achievements in the business world were the pinnacle of accomplishment, capping efforts with lovely outcomes.


He claimed that the organisation takes great satisfaction in having a substantial team of information and research specialists striving to realise its company goals in Ghana and other parts of the globe.



refinery for gold


The organisation, according to Mr. Bartlett-Vanderpuye, ran a business that purified and shipped gold for the global market.


He claimed that the corporation had made the decision to grow its operations by adding value to its shipments of raw gold in order to capitalise on its prosperous export portfolio over the period.

He stated that the company has already begun construction on a refinery in the nation after obtaining a refinery licence.



He said that once finished, the new refinery will have the ability to manufacture 100 kilogrammes of gold per day for the global market.


"The refinery's construction has already begun, and we have secured Italian equipment for its operationalization. To satisfy the export market, we plan to produce 100 kilogrammes of gold every day "said he.

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