General News of Monday, 3 September 2018

Source: starrfmonline.com

We sold more than 120 Kantanka vehicles last year – CEO

Kantanka CEO, Group Kwadwo Safo Kantanka CEO, Group Kwadwo Safo

The CEO of the Kantanka Group Kwadwo Safo has revealed that sales is picking up for the local firm contrary to views among Ghanaians.

He said despite the challenges confronting the firm, they sold more than 120 vehicles last year.

“Business is good. Last year was a great year for us. Within just two months last year, we sold 120 vehicles,” Safo told Francis Abban on the Morning Starr Monday.

The automobile firm which has expressed concerns over government’s new deal with German Car Giant VW says they hope government will give them the same prominence they appear to be giving the Germans.

“We’ve been asking for a certain custom procedure code, tax policies to operate in this country, tax waiver and holidays and we’ve heard nothing and that made me a bit angry looking at some clauses in the VW MOU. We don’t import cars into this country, instead, we import certain components we need to put together to help in the assembling.

“I was a bit shocked when I heard the Trade Ministry was involved. We have been engaging the Trade Ministry for long but feedback has not been too good. Government has plans of engaging us again this week and we hope something good comes out of the meeting,” he said.

VW is set to begin operations in Ghana by next year. The deal was announced by the German Chancellor Angela Merkel when she visited President Akufo-Addo last week.