Posted: February 12, 2020
SA Businesspeople Looking Forward to Doing Business in Ghana
|South African businesspeople are looking forward to doing business in Ghana. Most of them expressed their contentment at the positive feedback that they received from the Ghanaian market during the first leg of the Outward Trade and Investment Mission that ended in Accra, Ghana yesterday. The businesspeople are heading to Lagos, Nigeria today for the second leg of the mission that is organised and funded by the Department of Trade and Industry (the dti).
The Managing Director of AET, Ms Sandiswa Qayi says the mission was very beneficial to her, as she has received a positive response from the Ghanaian market. She is also happy that she has managed to get additional partners for her business, which manufactures energy efficiency products.
“I met my Ghanaian partner last year and we finally managed to sign a Memorandum of Understanding during this mission. There are possibilities of collaborating with bigger companies in Ghana to whom I will soon be presenting and see how it takes off. We have also managed to meet additional potential partners in Ghana. I will be roping in five South African companies to work with us as we intend to establish a joint venture in Ghana,” says Qayi.
The Project Manager of Weba South Africa, Mr Karin Trollip, who is one of the businesspeople who visited the Ghana Chamber of Mines, says Ghana has a huge potential that the South African companies can explore for trade and investment opportunities
“There is a huge potential in Ghana and the business seminar gave us direction on how to do business in the West African country. We have received an invitation to the Ghana Mining Exhibition that will take place in the near future. I will be coming back to Ghana soon to visit some of the mines. I am glad that I have managed to expand my contacts during this mission,” says Trollip.
The Chief Executive Officer of the Steel Tube Association of South Africa, Mr Keitumetse Moumakoe says partnerships with Ghanaian companies can contribute positively in the economies of both countries.
“There are huge opportunities for steel fabrication in Ghana because the country is on a path of industrialisation and that presents opportunities for investments by the South African companies in the industry. We intend to work with the newly-established Ghana Integrated Iron Steel Development Cooperation,” says Moumakoe.
The Managing Director of Cubicle Solutions, Ms Sue Hadcroft says she has identified opportunities for her company in the multi-billion dollar Accra beachfront development project. Hadcroft and a group of SA companies operating in the construction industry visited the Ghana Tourism Development Company (GTDC) where their appetite was whetted by a presentation on what the CEO of the GTDC, Mr Kwadwo Odame Antwi described as the biggest development project ever undertaken in Ghana.