Dr. Humphrey Kwasi Ayim Darke

AGI Blames Exodus Of Multinational Companies On Profit-Driven Business Models

AGI Blames Exodus Of Multinational Companies On Profit-Driven Business Models

Dr. Humphrey Ayim Darke, the president of the Association of Ghanaian Industries (AGI), has blamed the exit of multinational companies from Ghana on their business models. He explained that those companies had been impacted by unstable macroeconomic variables, which threatened their growth and profitability because their business strategies were mostly profit-driven. According to Dr. Darke, the scenario prompted the departure of those international businesses, who prioritized profit over other reasons for investing in the country. He stated this to determine the elements that may have contributed to the abrupt departure of some multinational businesses from Ghana. His comments were made…
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