Mr Issa Ouedraogo addressing the individuals
A social entrepreneur concerned deeply in Ghana’s Agricultural sector, Mr Issa Ouedraogo has known as for a authorized framework that can allow indigenous social enterprises within the nation to be exempted from some taxes.
He noticed that though social enterprises play a key position within the socioeconomic improvement of the nation, they’re made to pay big taxes which generally cripple their actions.
He, due to this fact, known as on the federal government to take a second have a look at taxing social enterprises.
“Social enterprises do extra work than NGOs, however they pay taxes, like another enterprise. We take into account three major issues specifically planet, folks, and revenue. The folks on the centre, it’s a must to care for the atmosphere and in addition guarantee that it’s worthwhile”
If NGOs who don’t try this a lot are exempted from many taxes, that makes it tough, that’s the reason I’m calling on the registrar basic in order that there will probably be a room for social entrepreneurs the place they are going to be exempted from sure issues”, he acknowledged.
Mr Ouedraogo made the decision in an interview with the media at Ghana Social Enterprise discussion board organised on Friday Nov 18, 2022 on the British Council.
Pertaining to the Agriculture sector, he mentioned some indigenous attorneys, native banks, are continuously conniving insidiously to exploit the nation’s Agricultural sector dry, therefore the weak efficiency of Agriculture within the nation.
Issa Ouedraogo, the founding father of B-BOVID, who says he has gone by hell within the palms of the aforementioned within the final 17 years, mentioned, till the federal government identifies these abnormalities silently creating an avoidable lacuna alongside the worth chain of the Agricultural sector, and stem the tide, nothing vital can be achieved while the pockets of people fronting for faux overseas traders as attorneys, and banks would proceed to get full.
These native banks, he confused would proceed to whitewash the floor of the fiscal coverage regime and beneath their actions, they’d proceed to connive with faux overseas traders to shortchange the nation in varied methods.
Addressing individuals underneath the theme: ‘Partnerships for sustainable improvement: social enterprises as catalysts for inclusive development in Ghana,’ Mr. Ouedraogo, identified that overseas direct funding into Ghana’s Agricultural sector seems good within the books, however lacks readability, conformity, and integrity.
He cited his private engagement with one French group which got here into the nation as social impression traders and cunningly took over the corporate he personally struggled to start within the final twenty years together with his sweat and toil with out the help of any authorities establishment.
He mentioned the federal government should take into account investigating the modus operandi of a few of these companies to determine if certainly these firms are respectable sufficient and don’t maintain Ghana sway in its underhand dealings with native and overseas companions.
He once more cited two banks, one for fraudulently partaking in unprofessional conduct to help traders to cheat, and milking the Agricultural sector dry.
He mentioned they denied him and others worth for the interest-free facility acquired.
Within the case of one of many banks, he mentioned he negotiated with a financial institution in Sudan for an interest-free facility which needed to move by them however ultimately the mortgage was given to him by the financial institution at a cutthroat rate of interest on the blind aspect of the central authorities.
This concern, he mentioned should not be swept underneath carpet, and the federal government should trigger a critical investigation into a few of these points.
He mentioned the mentioned financial institution fabricated a really dangerous story about him, defamed him fully earlier than many dignitaries on this nation, and in addition revealed falsehoods about his firm nationally and internationally.
For one more financial institution, he claimed the Financial institution unprofessionally received misguided to interact in unlawful tampering of accounts, and approval of transactions at his blind aspect with an account he collectively owned with one other firm.
In his quest to advertise peri-urban farming, the social enterprise entrepreneur, initiated in 2012 the Ghana Peri-urban Greens Worth Chain Mission (GPVVCP), which is a subsidiary challenge underneath GCAP being funded by a grant of US$2.85 million from the Japan Social Growth Fund (JSDF) by a Belief Fund Association with the World Financial institution.
Sadly, his firm was eradicated on the implementation stage in 2017 with an excuse that the corporate by no means confirmed curiosity.
The challenge is being carried out by the Ministry of Meals and Agriculture.
In his try to combat for justice within the legislation courts as he uncovered the double normal of an organization pretending to interact in social entrepreneurship which culminated within the partnership together with his firm B-BOVID, he mentioned Ghanaian attorneys working within the cowl of darkness for monetization of justice, then jumped to the protection of the mentioned firm clearly sending a incorrect sign on the market that the justice system of the nation was for the best bidder the place crooks may maneuver and manipulate their means by, as soon as that they had cash.
All these unfavorable developments, he underscored, would proceed to work impervious in opposition to the Agricultural sector and finally the nationwide economic system.