Indigenous entrepreneurs can’t grow economy – Greenstreet

Ivor Greenstreet
Ivor Greenstreet

The flagbearer of the Convention People’s Party (CPP), Mr Ivor Kobina Greenstreet, has said that indigenous entrepreneurs have not accumulated sufficient financial resources to become the engine of economic growth.

He argued that local entrepreneurs had been grappling with high interest rates and taxes; while the multinational foreign companies have been granted tax-free holiday and reduced taxes to compete with Ghanaian businessmen and women.

“Unless the private sector has comparative advantage in certain areas of the economy, they cannot be the engine of growth,” he said,  at a media conference, urging the Government to support the local entrepreneurs with capitals to enable them to succeed.

“If we want to transform the economy of the country in terms of value addition to oil and mineral resources; as well as to cash crops then, the state must get involved by creating the enabling environment for the private sector to succeed,” the CPP Flagbearer said.

He was in Takoradi to express his appreciation to the Party Delegates, who voted for him as the Presidential Candidate for the 2016 Presidential Election.

He  said  the ruling National Democratic Congress and the New Patriotic Party, which had governed the country in recent years, had failed to reduce youth unemployment but rather sought political power for self-enrichment.

Mr Greenstreet said the CPP was united now more  than ever, explaining that, the party had identified the issues that disunited them in the past.

He said the CPP  would provide the necessary tools to the grassroots members to galvanise support for the party and campaign for their respective parliamentary candidates.

He said if he was given the mandate as the President, he would use the best Ghanaians to govern the nation no matter the parties they belonged to.

Mr. Greenstreet appealed to President John Mahama to release the CPP’s assets, which were confiscated after the overthrow of Dr. Kwame Nkrumah in line with the National Reconciliation Commission’s recommendations.

Professor Edmund Delle, the National Chairman of the Party, said the Party would campaign on ideas devoid of insults and personal vendetta and asked other political parties to do same.

He urged all CPP members to ‘wake up’ and work extra hard to redeem the suffering masses.

He said: “The four million disabled persons in Ghana have found leadership in Mr. Greenstreet, who would fight for their rights so they should vote for him in the November 7 polls.

Prof. Delle remarked that the fact that the Party’s flag bearer was a disabled person and said a Former United States President, Franklin Roosevelt, was disabled, but he brought massive economic and human rights transformation to the people of America, saying disability is not inability.

Source: GNA

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