Business News of Saturday, 20 August 2016
The Chief Executive Officer of Beige Capital, Mike Nyinaku has appealed to government to give Ghanaian companies an opportunity to showcase what they can do to aid the country’s development.
According to him, government is the most important single entity that can empower indigenous Ghanaian companies to dare and expand their operations.
Speaking at a programme organized by the Chartered Institute of Marketing Ghana (CIMG) dubbed “Evening with Mike Nyinaku”, Mr. Nyinaku maintained that there are many Ghanaian companies that are ready to take on high budget projects if government will give them an opportunity.
“All we are saying s that give local companies an opportunity. Look, there are many indigenous Ghanaian companies out there and all we are asking government is give us some chance to prove what we can do,” he said.
He stated that even though some indigenous companies have failed after getting an opportunity, there were still a number of excellent companies that can prove their capabilities. “We can’t say that because some local companies have received the opportunity and failed, it means that indigenous companies do not deserve an opportunity. I am the CEO of Beige Capital, an indigenous company and yet we have done very well,” he said.
Stressing on the capacity of local companies, Mr. Nyinaku maintained that some local companies have the capacity to undertake high budget projects. “We should be promoting the positives and good deeds in the mindset of entrepreneurs that are coming up so that we will influence our politicians who are in decision making positions,” he said.
He stated that it is important to whip up faith in policy makers to make them deliberately design policies that will aid the expansion of local businesses.