Many local soya bean processors in Ashanti Region are gradually shutting down their businesses as the shortage of raw materials needed to feed their industry intensifies.

Already, other industry players have shut down due to the same reasons which have rendered many people jobless.

According to the industry players, foreign companies have penetrated the market and are purchasing the beans from the farmers at a higher price, making it difficult for them to compete.

Our news team in Kumasi have visited premises of two soya beans processing factories to learn at firsthand, the seriousness of the problem.