Skip to main content

Blame Kantanka Automobile for low market penetration - Gabby

Source: Ghana|myjoyonline.com|Edwin Appiah|edwin.appiah@myjoyonline.com

Ghanaian car company, Kantanka, has been blamed for failing to penetrate the local market following efforts by German car maker VW to set up in Ghana.
The New Patriotic Party (NPP) man and an insider in the Akufo-Addo government, has said Kantanka Automobile has not been proactive in engaging the government to purchase their cars.
The discussion about Kantanka cars has been triggered by the President's announcement, Volks Wagen (VW) will be setting up a car assembly plant in Ghana.
The announcement has been applauded in some quarters on social media but it has also raised questions about government's commitment to helping the indigenous car company.
Critics say the President's much-touted 'Ghana beyond aid' is hollow if it cannot empower local businesses and entrepreneurs.
The Chief Executive Officer of Kantanka Automobile Limited, Kwadwo Safo Jnr joined in a tweet ' “Why is it so difficult for Africans to support their own?'
He continued:
Mr President. Only thing we need is good policies to protect the automobile industry and help grow our local industries @NAkufoAddo
But Gabby Asare Otchere-Darko who uses a Kantanka car has said the company is responsible for its weak penetration in the Ghana market.
He said the company has a great opportunity to expand because the Finance Minister, who controls the public purse is also a client of the local company.
"He is happy with the vehicle he is using", the NPP man revealed the Minister's assessment to him in private discussions. If Kantanka Automobile Ltd was proactive enough, it would present a proposal to the Finance Minister, the Founder of Danquah Institute said.
"I think they will get a positive response", Gabby Otchere-Darko told host of the Joy FM Super Morning Show Monday.
Mr. Otchere-Darko who owns pro-government newspaper, The Stateman, said the indigenous company which unvieled its first car in 2008 should not expect government to engage it.
Nana Akufo-Addo after test driving some Kantanka cars during a visit ahead of the 2016 elections, declared "when I win the 2016 election and become President, my government will support local, Ghanaian manufacturing companies"
Kwadwo Safo Jnr in June 2017 met the Vice-President Dr. Mahamudu Bawumia at the Flagstaff House and complained, the company pays the same duty and levies as charged on imported cars.
During the meeting, he also showcased models manufactured and assembled by the company such as an SUV, Mini SUV, and Pickups.
A month later, the Trades Ministry announced it had purchased 4X4 Kantanka Onantefo SUV. The Trades Minister, Alan Kwadwo Kyrerematen, said the purchase of the car is to make a statement of government's commitment to help local industries.
Adwoa Safo, daughter of the Founder of the Kantanka Automobile, Apostle Kwadwo Safo Kantanka, is Procurement Minister in the Akufo-Addo government.
High profile Ghanaians who use Kantanka cars include the Asantehene and Okyenhene who both own the Kantanka Onantefo valued at over ¢130,000.
Kantanka-Asantehene
Gabby Otchere-Darko said the local automobile company's business model is faulty because it does not target the mass market.
Kantanka Automobile ​which began commercial sale of the Kantanka cars in November 2015, has been criticised as selling at uncompetitive prices.
The Kantanka K71 is selling between ¢65,000 - ¢70,000. The luxury version, Omama Luxury is sold at ¢130,00.  Toyota show room in Accra displays a brand new 1.8litre Toyota Corolla which costs ¢155,000.
A used Toyota is sold around ¢35,000.

Share this story

Comments

Popular posts from this blog

St Louis SHS student Sex tape leaks in Kumasi (Photos+Audio+Video)

The most popular girl in Ghana right now is Ayisha, the lady whose sex tape leaked on Whatsapp having hot sexual intercourse with two boys. In the video making rounds on Social media, the young girl who is just 19 years old and a graduate of St. Louis SHS was being bonked by two guys in the video and a third one, whom we didn’t see bonking but we are told had his fair share of the pumpum after he was done recording. The lady was heard saying in an audio that, she didn’t even know she was been recorded but a new source and friend  who is close to the girl, has given us an insight into what really happened. Source: Ghana/otecfmghana.com

How this fashion brand Is bringing women from Israel and Palestine together

The result, Two Neighbors, is a socially conscious fashion brand that is empowering women and encouraging ‘peace through the eye of a needle’ as their tagline states. Source:  Forbes | Michelle Martin When retired American couple, Dr. Whitman Jones and his wife Paula created  The Center for Emerging Futures , a nonprofit organization dedicated to addressing some of the most difficult situations that humans face, they didn’t realize they would also be launching an innovative fashion brand soon thereafter. After visiting Israel and seeing the conflict between Israelis and Palestinians firsthand, Jones began looking for ways to facilitate peaceful connections that could transcend the conflict. Given the skill sets of women in the region, Jones had the idea to bring Israeli seamstresses and designers together with Palestinian embroiderers to create a high-end fashion collection that could create jobs and highlight talents from both sides of the conflict. The result, ...

Kwadwo Asamoah earns the praise of Luciano Spalletti

Inter Milan manager Luciano Spalletti has heaped praise on Ghana midfielder Kwadwo Asamoah following his superlative performance against Olympique Lyon in the International Champions Cup on Saturday. The Nerazzurri inflicted a 1-0 defeat on the French giants via Lautaro Martinez’s 52nd-minute strike at the Stadio Via del Mare. “Lautaro [Martinez] and [Mauro] Icardi with Nainggolan? We’ll have lots of matches to play and we need to manage for all of them,” Spalletti said. “Lautaro knows what to do on the ball, he has the right attitude for every type of situation and he knows how to play as an advanced midfielder. “For the goal, Icardi showed extraordinary movement. Dalbert is showing he’s in excellent shape in pre-season. “We have a lot of options up front but thankfully there are lots of matches. I pick the team by making positive choices, not rejecting players. “Asamoah is showing all that was expected of him and his versatility provides us with a lot of solutions.”...