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GNCCI EMBARKED ON AN INDUSTRIAL TOUR IN THE CENTRAL REGION

GNCCI in collaboration with with its Regional branch; Cape Coast Regional Chamber of Commerce and Industry

(CCRCCI), embarked on an Industrial Tour in the Central Region on Thursday, 7th May, 2020 to three giant companies in the central region namely; Ameen Sangari, Central Oil Mills and Centre of Awareness Herbal Centre (COA FS)

The visit was led by the President of GNCCI, Nana Dr. Appiagyei Dankawoso I. Among the delegations were the second vice president of GNCCI; Mrs. Victoria Maame Ekua Hajar, CEO of GNCCI; Mr Mark Badu Aboagye and the Regional Chairman and the Vice of Cape Coast Regional Chamber of Commerce and Industry (CCRCCI); Mr. Anthony Yoofi Pokoo Aikins and Mr. George Ben-Smith, and also members of CCRCCI, stakeholders and media partners.

The mission for the industrial tour was to ascertain the challenges of the manufacturing industries and businesses in the central region and know how best GNCCI would assist address these challenges and help the businesses in central region to grow.

The tour started from Ameen Sangari, which was cooperated in 1972. The company produces palm oil, kernel shell, animal feed, detergent and among others. It is the leading exporter of Ameen Mini soap from Ghana to Niger and Burkina Foso.

Ameen Sangari industry, Ameen Sangari has been in existence for over four (4) decades and is the only factory in Cape Coast Metropolis which employs a large number of people in the area.

The Labenese owned company which aside from palm oil production also processes teak into electrical poles had more than 540 workers in 2015 but the number of employees had declined to a little above hundred. Dr. Foard Sangari, the Executive Director of the industry said the company had to halt the operation because he could not bear the cost of energy to compete both locally and internationally. He said the oil palm factory of the company when it operates at its maximum capacity could produce about fifty (50) tonnes of palm oil a day.

Dr. Foard Sangari revealed that the company would have survived in their diversification if a ready market which was assured by energy commission and Electricity Company of Ghana had been considered instead of importing from other countries.

The President of the Chamber, Nana Dr. Appiagyei Dunkawoso I, on his side, was impressed about the solid industrial machines at the factory and expressed his displeasure about the dilapidated nature of those industrial equipment if care was not taken. He called on the government to expedite action to support Ameen Sangari with the pending stimulus package and other financial support to redeem the company from collapse.

 

CENTRAL OIL MILLS

Central Oil Mills Limited was incorporated in 26th August, 2010.  The company’s business activities are Agro processing of palm product into palm product and other allied product, general farming. The company is an export oriented. 

The Central Oil Mills Limited currently produces from its own palm plantation and out growers in the area.

Central Oil Mills which is situated in Mfoum, in the Twifo henmang lower Denkyire District has been upgraded through Exim Bank loan which was facilitated by Nana Dr. Appiagyei Dankawoso I and had benchmarked from Malaysia some of the best practices in processing of cruel oil and other allied products.

The CEO of the Central Oil Mills Limited Company and the president of Ghana National Palm Oil Processing Association; Mr. Aaron Sagoe noted that Ghanaian manufacturing companies could only do well and compete both locally and internationally when government, financial institutions, traditional rulers, land owners and other relevant stakeholders support the cause of helping the local industry to grow within their means. Mr Sagoe nominated some of the main challenges of Ghanaian manufacturing companies; as lack of capital injection, high interest rate, proper land tenure system, high utility bills, lack of skilled labour, application of technology and innovation as well as Ghana’s import driven economy. He appealed to GNCCI to continue supporting SMEs since they are the hope of the business community.

 

CENTRE OF AWARENESS (COA FS) 

At the premises of Centre of Awareness (COA FS), Professor Samuel Ato Duncun appealed to the government to do further research on his product in order to adopt it as one of the immune boosters of the current pandemic and HIV. It was obvious to the delegation that vigorous expansion and industrial transformation was in progress at the Wosorkrom at Asebu in the central region. He urged the government to come in with support. He noted that it had been his heart desire and ambition to franchise the company in collaboration with the government to support the free SHS initiative by the president of Ghana; Nana Addo Dankwa Akuffo Addo.

Professor Samuel Ato Duncun emphasized that the efficacy of his product has been tested and standardized by Noguchi Medical Research, South Africa Plant Research Centre, University of Cape Coast and other standardized Centres.

Nana Dr. Appiagyei Dankawoso I, President, GNCCI assured the CEO of COA FS; Professor Samuel Ato Duncan of the need to access the Exim Bank facility and other stimulus packages from the government to expand the business to be able to compete and enhance foreign exchange of mother Ghana since the product has potential for international market.

The President of GNCCI,  Nana Dr. Appiagyei Dankawoso I, also cautioned regulators in Ghana to refrain from the old method of rigidity to dynamic method of dealing with the Ghanaian business community to ensure standards and encourage innovation, standardization, sustainability and growth of businesses. 

The regional chairman of the Cape Coast Regional Chamber of Commerce and Industry expressed his gratitude to GNCCI President for this development and emphasized that the industries in central region will see the lights with support from GNCCI’s training, advocacy and skill development to scale up all businesses in the central region and turn natural resources in the region to businesses and create job for he masses.

GNCCI recommends that government policy in building the local businesses in the region should be intensified; there is the need for an expedite action to facilitate support for the companies in the central region with the stimulus packaging and other low interest loans to build the capacity of the companies in the region. Manufacturing company of SMES should be encouraged with modern technology and skilled training to be able to compete both locally and internationally.

Structural policies to develop SMEs by the government should be deepened. 

 

About GNCC

The Ghana National Chamber of Commerce is an association of business operators, firms and industries with interests spanning every sector of private enterprise in Ghana. Read more

Head Office

Ghana National Chamber of Commerce
1st floor,World Trade Center,
Opp. Children's Park, National Theatre - Accra
P.O Box 2325,Accra

233(0) 302 662860 / 233(0) 544114306

info@ghanachamber.org

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