The President of Group Ideal, Nii Kotei Dzani, says the economy is not doomed but rather recovering given the prudent economic measures being implemented by the government.
“Those predicting doom for Ghana’s economy are not God. It is recovering and we need to take advantage of it,” he stated during the company’s festival of Nine Lessons and Carols in Accra, Wednesday.
Citing his company as an example, he said in spite of the economic challenges, they have been able to increase their assets from 1 billion cedis to 1.5 billion cedis this year.
Nii Kotei Dzani said they were able to achieve this feat because they took advantage of the challenging environment to create opportunities.
Based on this sterling performance, he announced a salary increment of between 25 to 35 percent for staff in 2018 to encourage them to do more.
The Ideal Group President also hinted that, there will not be any acquisition but will rather seek to consolidate their growth and expand to other regions.
He emphasized that all was not lost given the numerous austerity measures being introduced by the government to help local companies.
“This is the time for the youth to take advantage and open businesses because the government is offering incentives. Economic challenges bring its own opportunities,” he added.
Nii Kotei Dzani also charged local investors to take advantage of the booming oil and gas sector to accelerate Ghana’s development.
OTHER News & Reports
Greater Accra member of Council of State has advised young parliamentarians to learn at the feet of older members who have served long terms in the House.
The youngest member of the Council of State Dr. Nii Kotei Dzani is advocating for a reduction in the age for people eyeing the presidency of Ghana.
The President of Groupe Ideal and Member of the Council of State, Dr. Nii Kotei Dzani has said that no Government is interested in destroying any business especially home-grown businesses.
Over 450 women, last week Thursday, received surprise goodies from Groupe Ideal as the world marked International Women’s Day (IWD).
Management and staff of Groupe Ideal, a leading and fast-growing institution with over 13 subsidiaries in Ghana shared their Valentine’s joy with the children of Osudoku Global Orphanage and the Child Protection Centre.
Nii Kotei Dzani, the President of Groupe Ideal, has urged the youth to take advantage of government’s policy initiatives aimed at stimulating the economy to build their own businesses.
Despite the tightening of the public purse, which will see government expenditure controlled in 2018, the policies initiated by government do not support the idea that cash will be scarce in the economy, President of Groupe Ideal, Nii Kotei Dzani, has said.
President of Groupe Ideal, Dr. Nii Kotei Dzani has said the current state of the African continent is testament of the fact that majority of its leaders fail to think and act effectively to facilitate the economic growth of their respective countries.
Dr. Nii Kotei Dzani, President of Groupe Ideal says he would use his position of influence to convince friends and other stakeholders to assist him to continue with developmental projects in the country.
The President of Group Ideal, Dr. Nii Kotei Dzani has cautioned chiefs and politicians against meddling in the administrative affairs of Rural and Community banks in the country.