I was aghast when I learnt that Ghana is borrowing U.S.$24 million or thereabouts from India's Exim Bank to invest in the Komenda sugar factory. Hmm, Oman Ghana - eyeasem o.
What an odd lot our educated urban elites are, sometimes. Yet another loan for the Komenda sugar factory? Ebeeii.
Why is the Ghanaian nation-state borrowing money to run a sugar factory - when our leaders never tire of telling the world that the private-sector is the engine of Ghana's national economy's growth, one wonders?
For the sake of our younger generations, and their children's children, who are being saddled with all that endless debt, let our leaders do some creative-thinking in this particular matter, for once. Ebeeii.
The question is: Why do they not do a deal with the east African sugar production giants, the Mahdvani family's agribusiness to take over the Komenda sugar factory and its land portfolio, and also give them the derelict factory buildings and lands of the defunct Asutuare sugar factory, in a public private partnership (PPP) financed entirely by the Mahdvani Group - in exchange for a 25-year tax holiday?
If those who govern our nation want to ensure the transformation of Ghana into a prosperous society, they had better put their creative-thinking-caps on. Fast. Haaba.
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