Local Entrepreneurs Urged To Invest In Ghana To Help Retain Profits

The General Manager of Coconut Groove Hotels, Ralph Ayitey, has called for the empowerment of local investors to boost the hospitality Industry. According to him, although foreign direct investment brings a lot of money, proceeds or profits from investments are normally repatriated. Mr Ayitey urged local entrepreneurs to invest in the country to help retain profits which can be channeled into development.