Economy (road network/conditions, economic activities, e.g. agriculture, mining, and  fishing, tourism,  energy etc.

District Economy

The economy of the district can be sub-divided into three (3) sectors as follows; Agriculture, Commerce and Service.

Commerce

Market

Markets provide avenues for transactions in buying and selling of goods and services.  They contribute significantly to the Assembly’s Internally Generated Fund (IGF) mobilization. The District has one marketing center situated at Jinijini Township with Fetentaa too being a major hub for tomato production. Farmers and traders convey their produce and goods on market days to Jinijini and the Berekum Thursday market days where they engage in brisk business.

Commodity Flow

There are two main inflows into the District namely foodstuffs (fish, grains, legumes and yams plywood, sawn timber and plastic products). Out flows from the District are foodstuffs (cassava, plantain, and cocoyam, cashew and other forest products) sand. Of late, the activities of sand winning purposely for construction work are fast degrading most arable lands in the District.

Economic Activities of Women

The agricultural sector (farming and animal husbandry) employs majority of the District’s women population and in a labor-intensive activities. Moreover, the poor quality of their health often reduces the productivity level of rural women in their agricultural pursuits.  In general, women’s work is centered on the house or compound where she undertakes an activity which ensures the upkeep and well-being of the family.  The man’s tasks are more outside of the house and these activities are intended for household consumption and maintenance as well as proper regulations of community affairs.

Distribution of Financial Institutions

 There are a number of financial institutions operating in the District. Paramount among them includes:

GN Bank, Jinijini Branch

Nsoatreman Rural Bank, Jinijini Branch

BACCSOD

These banks give loans and overdraft to most of their customers but according to most of the customers they find it very difficult to secure loans from their bankers. The bankers on the other hand contend that their customers are not able to provide either the necessary collateral security or guarantors in order to obtain the loans. If these issues are properly streamlined, farmers, traders and other business operators would find it easy to attract loans in order to expand their businesses.

Other Financial Institutions

Apart from the banking sector, which deals with monetary transactions, there are other institutions, which help the citizenry to mobilize funds and also to deal with their financial needs in times of trouble. There are community based credit unions, insurance companies and ‘susu’ collectors in the District. Most of these institutions offer loans and credit to their customers who feel more secured than the orthodox banking services.