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Daily Archives: April 12, 2017

Otumfuo Osei Tutu II Acquires Three (3) Kantanka Vehicles

Asantehene Otumfuo Osei Tutu II has acquired three special customised four wheel drive vehicles manufactured by the Kantanka Automobile Company.

Taking delivery of one of the vehicles from the company under Apostle Kwadwo Sarfo of the Kristo Asafo Mission of Ghana in Kumasi on Wednesday, Asantehene advised government to promote the local industry.

He said if possible, Ghana should avoid the importation of cars from outside the country and rather help promote and market the local Kantanka cars.​

The remaining two of the vehicles, each costing GH150,000 ordered by the Asantehene would be delivered soon. He said the brand of vehicles manufactured the Kantanka Automobile Company could match-up to any brand in the world. 

He said te vehicle under the brand 'Kantanka Otumfuo' was his way of encouraging the Apostle and to rally Ghanaians and indeed, the government to patronise the product.​

Inner view of Kantanka car

The vehicle is only one of many innovations and inventions the industrialist cum the preacherman  has produced in recent times. The CEO of the Kantanka Group of Companies, Mr Kwadwo Safo Jnr, said the company has instituted measures to replace and repair the vehicle per international standards.​

He epressed the hope that Otumfuo's endorsement would help promote the use of the Kantanka vehicle and make it attractive to Ghanaians to patronise.

Source: Daily Graphic​

Government Releases GH465m For One-District-One-Factory Project

An amount of GH465 million has been released by government for the commencement of the one-district-one-factory project.

The Director of Policy Planning, Monitoring and Budget at the Ministry of Trade​ and Industry, Mr Padi Adjirakor, who made the announcement in Accra on Monday also revealed that an amount of GH256 million has also been released for the revamping of 100 private commercially viable companies throughout the country.

Delivering a speech on behalf of the Trade and Industry Minister Mr. Alan kyerematen, at the ​opening of the Ghana International Trade and Finance Conference, Mr Adjirakor said all businesses that qualified for the two programmes must present their proposals to the ministry for the necessary action to be taken.

Mr Adjirakor added that the project, which is expected to kick-start any moment from now, would boost the nation's economy, create more jobs, as well as make most districts economic giants.​

The commencement of the one-district-one-factory project is in fulfilment of the NPP's campaign promise.​

The President, Nana Addo Dankwa Akufo-Addo promised to transform Ghana's economy by establishing a factory in each of the 216 districts.​

 The initiative, otherwise known as district enterprises, is to establish medium-to-large factories or industrial enterprises that have the potential to fundamentally affect the economy of the districts.

Source:Starrfmonline​