Business

Ghanaians urged to cultivate habit of savings

The Board Chairman for Saint Mary’s Corporative Society for Development, Michael Yaw Essuman, has urged Ghanaians particularly Christians to cultivate the habit of savings and tax paying in order to support national development.

He said savings facilitate the process for establishing and expanding business ventures and helped in times of emergency.

Mr. Essuman made the call during the seventh (7th) annual general meeting of Saint Mary’s Corporative Society for Development at South Suntreso Roman Catholic Church in Kumasi.

He further added every country’s economy runs on tax hence Ghanaians should comply with tax paying to reduce poverty.

“After paying our tithes as Christians, we should not forget to pay our taxes to support national development programmes since Jesus Christ our Lord complied with paying tax when He was on earth.

We should also try and save little with our surplus as a means of establishing and expanding business ventures and helped in times of emergency to reduce poverty and stop over reliance on the politicians to better our lives” he stressed.

According to him, poverty had become endemic in many communities in Ghana because people overlooked the importance of savings.

“Government cannot put money in people’s pocket to alleviate poverty as had been the expectation of some people. Successes and failures are choices and it is the responsibilities of an individual to decide his fate, hence Christians are empowered as children of God to believe they will succeed” Mr. Essuman encouraged.

He explained Saint Mary’s Corporative Society for Development is not restricted to only members of South Suntreso Roman Catholic Church.

Mr. Essuman therefore encouraged individuals, business persons and institutions disregard the recent banking crisis in the country and do business with Saint Mary’s Corporative Society for Development since they have better plans and products for Ghanaians.

Source: Ghana/otecfmghana.com/Paul Asabere

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