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Spencer Wan Blog of Friday, 3 January 2025

Source: Eric Afatsao

For the first time, Kwadwo Safo Kantanka has responded to Nana Addo-Dankwa's remarks against his business.

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Speaking at a recent public event, Safo stressed the importance of locally produced automobiles and asked Ghanaians to take the costs of auto manufacturing into account before criticizing the prices.



According to Yen, one of Ghana's top indigenous automakers, Kantanka Automobile, has been creating automobiles that are specifically designed to meet the demands and circumstances of the African market.



Some residents have voiced unhappiness with the price tags of Kantanka vehicles, frequently comparing them to imported cars, despite their efforts to promote locally produced goods. Kwadwo Safo replied, "It's not inexpensive to make an automobile.



Are people aware of the cost of producing a single engine? A single vehicle requires a lot of time, money, and technology to manufacture. He clarified that although the company sources the majority of its resources locally, Ghana's lack of industrial infrastructure still results in high production costs.



Safo also emphasized the wider economic advantages of supporting local businesses and urged Ghanaians to do so. "When you buy a Kantanka car, you’re not just buying a vehicle; you’re investing in Ghana’s future, creating jobs, and supporting innovation," he said.

The CEO also listed the difficulties Kantanka Automobile faces, such as the absence of government assistance and competition from less expensive, frequently used foreign automobiles.



He urged the government to enact laws that incentivize Ghanaians to buy locally produced goods, such as increased taxes on imported automobiles and tax breaks for regional producers.



Safo expressed hope for the company's expansion and its dedication to lowering production costs going forward in spite of the criticism. "We are working on improving efficiency and introducing more affordable models without compromising quality," he stated.



For many Ghanaians, the Kantanka Automobile has been a representation of pride and inventiveness. Safo's remarks serve as a reminder of how crucial it is to help small businesses in order to promote economic independence and national growth.