The Ghana Rice Millers Association says it is ready to meet the market demand for Ghana rice this festive season. The assurance comes after the association secured a deal with some banks to provide funds for the millers at an affordable rate.
The banks include GCB Bank, National Investment Bank, Barclays and ADB Bank. Members of the association have been asked to present their individual proposals to their respective banks. The campaign to encourage people to consume Ghana Rice was started by the CEO of Citi FM and Citi TV Samuel Attah-Mensah.
Speaking to Citi Business News on the progress made so far, the convener of the Ghana Rice Millers Association Yaw Poku stressed that the millers will hit the farm gate to clear the rice by next week.
“We are moving out there, by this weekend, a lot of us will be in the milling floor. It is Christmas, by next week will be sending milled rice to the market,” Mr. Poku said. He maintained with the new arrangement, rice millers now have an opportunity to access loans at a favorable rate from local banks to buy the produce at farm gate for processing.
Lawrence Segbefia, citibusinessnews.com