The proprietor of Uncle J Foreign Reclining Spot in Kakata City, Margibi County, Jacob Q. Ketteh, has urged Liberians to venture into the business sector for sustainability.
In an interview with the Daily Observer recently in Kakata City, Ketteh said Liberia is endowed with numerous resources, among which are agriculture and the business sector that must be tapped by Liberians.
Ketteh pointed out that though the business sector is an important and powerful economic force in post conflict Liberia, it continues to face challenges.
He outlined several issues, among which include inadequate payment of taxes, corruption and the lack of business skills, among major hurdles that affect Liberian businesses in the country.
“As a result, a business can keep a very slow pace of growth because of such limitations, which also include lack of vision and ineffective management,” Ketteh said.
He added that the fact that Liberia has made significant strides in building an environment suitable for the business sector to thrive is an indication that with determination a business can grow.
He said despite the decline in the prices of iron ore and rubber on the world market, he is presently cultivating rubber on one hundred acres of land in Margibi County.