Sunday 24 November 2019

As A Market Economy We Ignore The Forces Of Demand And Supply At Our Peril In The Longterm

For those worried about their future, the most effective way to empower  rice farmers in Ghana, is to help them convert to producing certified organic rice. That is a niche they can occupy and a market that will grow exponentially. In a market economy, we ignore the forces of demand and supply at our peril in the longterm.

Same with the poultry industry. The question there is: Why do the regional associations, such as the Greater Accra one, not talk to the Ghana  Exim Bank, about  funding the purchase of mini poultry processing plants for all the regional associations?

Imported poultry are already processed and convenient for today's busy consumers  -  who have no inclination to murder broilers themselves at home and go on to butcher them, on top too.

For their information, mini poultry processing factories are available in India - and a deal with the manufacturers  might even get their being exported to Ghana funded by the Exim Bank of India. Perhaps.  Who knows?

Finally, the Neoplan bus manufacturers are also  asking for state intervention. The niche  market for the transport sector is the  EV  bus. Are they exploring that, as we speak?  If they want to survive and thrive,  they ought to. Quickly. Yoooooo. Hmmmmm...

As a patriotic citizen who is  keen on innovation as a means of winning market share for Ghanaian entrepreneurs, I'd be quite happy to introduce Neoplan Ghana, to the  brilliant Ghanaian inventor, Raphael Afordoanyi, whose company can take a share in their beleaguered   business and help them  transform it into an electric bus manufacturing company. 

Furthermore,  Raphael Afordoanyi's company can also provide them with a stand-alone off-grid  renewable power system, which will supply them with electricity at half the tariff rates currently charged them by the Electricity Company of Ghana  (ECG).

That will lower a significant cost factor in their operations, will it not, I ask? Mu 3mpe wayi  na mu pe deyen? Haaba. For further information, Neoplan Ghana's obviously very desperate managers can WhatsApp  me at: +233576564600. Tel: 0558852619 & 0277453109.

 Innovation and creative thinking that meets the needs of consumers in their markets,  are key factors, in making all businesses  thrive. State intervention seldom helps in that sense. As a wise and aspirational African people,  who have opted for a market econony to power our transformation into a prosperous society, we ignore the forces of demand and supply at our peril, in the longterm.  Hmmmm. Yooooo... Cool.






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