Tuesday, 25 March 2014

Dealing with the influx of foreign goods!!.

It has become a norm these days to visit  market places and find foreign products being sold. Foreign products being sold ranges from second -hand clothing, canned foods, shoes, poultry products all the way down to tooth picks.    

Government has over the years come out with measures like banning the importation of these goods into the country but to no avail. Failure on the side of government to curb this menace is gradually killing our local industries if that has not happened already . Local businesses such as the shoe factory in Kumasi, the cannery factories located across the country have all gone down the drain due to the influx of these goods.
Foreign products on display.

But how can this problem be tackled? Because the rate at which it is increasing is very alarming. Government's failure to ensure the ban on the importation of goods is crippling the local industries. To ensure the ban on some imported goods, government must enforce stricter and harsher laws to ensure that they have control over the kinds of goods that come into the country and those that go out.
Unbiased institutions must to set up and have the sole responsibility of controlling the amount of goods that come into the country. Another measure could be the increment of importation taxes to serve as a deterrent.
Our local industries  must receive adequate support from government,this support may come in a form of special incentives like interest free loans, logistics and many more to encourage workers in these industries.
A woman selling imported jeweleries.
The onus therefore lies on government to ensure that locally manufactured goods are patronized to boost the economy. The only way for local products to be patronized  is by making these products affordable and of good quality for consumers to be proud of purchasing them.



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