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Ashanti Businesses in Crises: Indigenous Owners Left in the Dark

Business Executives in the central business district of Kumasi have expressed concern about the poor patronage of local businesses. They believe that the overemphasis on party politics as the only source of livelihood within the region is making innovative skills and entrepreneurship unattractive to the youth.

The lack of support for indigenous businesses is said to be stifling their growth and development. This is having a negative impact on the local economy and making it difficult for these businesses to compete with larger, foreign-owned companies. One local business owner, who spoke with Ashantibiz, wished to remain anonymous, said that the lack of promotion and support for indigenous businesses is a major problem. “We are not getting the support we need from the government or from the people of Kumasi,” he said. “We are being left behind, and it is very frustrating.”

Another business owner said that the overemphasis on party politics is making it difficult for young people to see the value in entrepreneurship. “The youth are being told that the only way to succeed in life is to get involved in politics,” he said. “This is a very narrow and dangerous view of the world.” The lack of support for indigenous businesses is a serious problem that needs to be addressed.

The government and the people of Kumasi need to do more to promote and support these businesses. If they do not, the local economy will continue to suffer, and the youth will continue to be drawn to party politics as the only way to make a living.

 

Ashantibiz

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