Wednesday, 16 April

Do genuine business with gov’t institutions so they grow, not die – Seidu Agongo

Business
Seidu Agongo says he abhors the exploitation of state institutions for personal gains, condemning the wealth gotten from such situations as abominable

Ghanaian businessman and philanthropist Seidu Agongo has made a passionate appeal to the business community to do genuine business to grow government institutions, not to collapse them.

In an interview with Kwasi Kyei Darkwah on the Master of the Game show on CTV,  Mr Agongo highlighted the importance of ethical entrepreneurship, stressing that success should not come at the expense of national assets.

"I’m not saying that you can’t do business and make money. You can do business and make money," he said. "But, like the white culture: do better business so that the institution that you are working for grows, so that you also make money."

Using the Ghana Cocoa Board (Cocobod) and the energy sector as examples, Mr Agongo laid out his business philosophy, emphasising partnership over exploitation.

“As it is now, I intend to do business with Cocobod, but my priority is how I can do genuine business for Cocobod to grow so that I can continue making money, not to collapse Cocobod,” he said.

He extended this same principle to his ambitions in the energy sector, expressing his readiness to work in harmony with Energy Minister John Jinapor to expand energy access across the country.

“The intention is: how I can support Jinapor to grow the energy sector to give light to everybody so that I could also make money,” he noted, again emphasising the mutual benefit of integrity in business.

 

Mr Agongo challenged the notion of ill-gotten wealth, questioning the pride that comes with becoming rich at the cost of national ruin. “Not to collapse a whole cocoa sector and make money and call myself a rich person. What sort of riches is this?” he asked rhetorically.

Source: ClassFMonline.com/Terkperkuor Puor