Former President John Dramani Mahama has praised Minister for Trade, Agribusiness and Industry Elizabeth Ofosu-Adjare for her hands-on engagement with Ghana’s private manufacturing sector, pointing to her prompt interventions on industrial utility and export bottlenecks.
Speaking during a working visit to the Kasapreko Plc beverage manufacturing plant in Accra, Mahama emphasized that sustainable economic growth depends on government actively supporting indigenous producers rather than relying on imported commodities.
Government Action on Utility and Trade Barriers
During the plant tour, Kasapreko Chief Executive Officer Richard Adjei shared how direct ministerial intervention helped resolve persistent utility supply disruptions that previously threatened production capacity.
“The Minister stepped in directly to coordinate with utility providers, resolving water and power delivery issues that were holding back factory operations. That responsive support gave us the confidence to push forward with our multi-million-cedi production expansion,” Adjei said.
In addition to utility interventions, the ministry worked alongside regulatory authorities to extend the repatriation period for export proceeds from 60 to 90 days, easing working capital pressures for Ghanaian exporters trading across the West African sub-region.
Kasapreko Sets Benchmark on Stock Exchange
The former president cited Kasapreko’s recent GH₵1.72 billion initial public offering and subsequent listing on the Ghana Stock Exchange as clear evidence of what homegrown companies can accomplish with supportive regulatory policy and disciplined management.
Mahama noted that government policy must continue prioritizing local value addition, urging trade and financial regulators to maintain close collaboration with manufacturers to boost domestic employment and strengthen the national currency.
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