Asantehene Otumfuo Osei Tutu II has tasked government to implement policies that will help the private sector to grow.
He said that the high unemployment among the youth, who are the future leaders, could be properly addressed if the private sector is given the support to develop.
Otumfuo Osei Tutu II disclosed this when top executives of Ideal Finance Holding, which has several subsidiary companies including Ideal Finance Ltd, paid a courtesy call on him at the Manhyia Palace in Kumasi.
He stated that the country’s development would be boosted if the private sector works closely with government, stressing that the government alone cannot develop the country.
Otumfuo also admonished financial institutions in the country to draw closer to traders and smaller businesses so that they could persuade them to transact business with the banks.
He expressed concern about the situation whereby traders keep their monies in their homes and markets and expose them to fire and armed robbers, urging the financial institutions to work hard to reverse the trend.
During the visit, Ideal Finance officials presented GH¢10,000 to the Otumfuo Charity Foundation. Earlier in the day they presented GH¢20,000 to the Obstetrics and Gynecology unit at KATH.
Capt. Kwadjo Butah, Chairman of the board, Ideal Finance Holding, said his outfit had embarked on an expansion drive and that Ideal Finance would soon open a branch in Kumasi.
He informed Otumfuo that Ideal Finance has planned to adopt a ward at KATH and improve it to meet international standards so that patients that would visit the medical facility would always feel comfortable.
Capt. Butah stated that Ideal Finance would also support Asantehene in diverse ways so that Asanteman and for that matter Ghana would develop effectively to help improve the lives of the masses.