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Expensive power is weakening the cedi – Prof Ebo Turkson warns manufacturing is losing ground

By GhanaSummary Newsroom1 min read
Expensive power is weakening the cedi – Prof Ebo Turkson warns manufacturing is losing ground

“If we begin to reduce our reliance on imports, it’s a fundamental change that we need, and the import substitution that we begin to produce would enable us to even begin to look at the West African market.”And so we need to begin to put in place policies that will structure our Ghanaian economy.

Ghana risks losing the recent stability of the cedi if it fails to make its manufacturing sector more competitive, Economist Prof.

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