Ghana buys $150 million worth of fruit juice from abroad every year

Ghana buys $150 million worth of fruit juice from abroad every year

- Ghana spends over $150 million each year to import fruit juice

- A report indicates that almost all of the factories in Ghana are facing a possible collapse

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It has emerged that Ghana spends billions of cedis to import common fruit juice from abroad. In fact, a report by the Goldstreet Business claims that the country spends in excess of 150 billion dollars for the importation of exotic fruit juices across the world.

Ghana buys $150 million worth of fruit juice from abroad every year

Almost all factories in Ghana are said to be performing below average (Photo: citifmonline)

READ ALSO: Let's fight galamsey to the death - Nana Addo fumes

According to this worrying report, a little over 40 million dollars is only used for the production of fruit juice locally. What this means is that 99 percent of all factories in Ghana are performing just under 10 percent.

This troubling development comes in the wake of government's resolve to boost local production through flagship programs as the planting for food and jobs initiative as well as the one district one factory policy.

Should these projects be launched in September, government is expected to create over 1.1 million jobs - a move aimed at ending the unemployment menace in the country.

READ ALSO: Let's fight galamsey to the death - Nana Addo fumes

But even before these projects are to be launched, concerns are being raised over the availability of a ready market were these products could be bought as most farmers in Ghana remain challenged in their line of work largely due to the non-availability of a ready set customer base.

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Source: Yen.com.gh

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