We are still engaging the investor to revive Komenda Sugar Factory - Mahama
President Mahama announced that the Ghanaian government is in negotiations with an investor to revive the Komenda Sugar Factory. The government is carefully evaluating the investor's capacity before considering a ban on imported sugar to protect local production.
Why it matters
The revival of the factory is a key economic development project intended to boost local manufacturing and reduce reliance on sugar imports.
President John Dramani Mahama has disclosed that government is in ongoing discussions with an investor aimed at reviving the Komenda Sugar Factory.
The report provides a balanced account of the government's cautious approach to economic protectionism.
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