Audio By Carbonatix
Mr Andrew E. Quayson, Chairman of the Unilever Ghana Foundation for Education and Development (UFED), has said that vibrant small and medium sizes enterprises (SMEs) equipped with the requisite skills and competencies held the key to accelerated socio-economic growth.
He said the country's quest for a middle-income status by 2015 could be elusive if the activities of indigenous SMEs were not mainstreamed into national development.
Mr Quayson said this at the opening of a two-day entrepreneurship training workshop for 50 SMEs in the northern segment of the Volta Region at Hohoe.
At the end of the session, UFED under the auspices of EMPRETEC
Ghana Foundation would have trained 770 entrepreneurs in the Greater Accra, Ashanti, Western, Brong Ahafo and Volta regions.
He said the informal sector including SMEs continued to provide jobs for about 85 percent of the labour force in the economy as well as playing a key role in market-driven economies.
Mr Nii Ansah Adjaye, Head of Credit Operations, EMPRETEC Ghana Foundation, said the private sector including SMEs, which usually started as small businesses, metamorphosed into multi-nationals and conglomerates were driving the global economies.
He recounted the achievement of Mrs Augustine Hammond, Proprietor of JEM Afrik Creations, a recipient of the United Nations Conference on Trade and Development (UNCTAD) award, and said she is a product of his organization.
Togbega Gabusu VI, Paramount Chief of Gbi Traditional Area, said most businesses collapsed in the area due to the absence of business technical know-how and competencies and therefore commended UNILEVER and EMPRETEC for taking the giant stride to train entrepreneurs.
Source: GNA
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Drug bust case: Only Customs officers, MPS officials in scanning room – NACOC
48 minutes -
I don’t mind being insulted; I have a crocodile skin – President Mahama
1 hour -
Samson’s Take: Verify the badge – and verify the story
1 hour -
President Mahama explains why Ghana must rethink regulation of TikTok, other new media platforms
1 hour -
Rule of law must be protected – GBA condemns EOCO action against Baffour Awuah
3 hours -
950,000 barrels of Sankofa crude head to TOR as GNPC deepens domestic refining
3 hours -
Scales of deception removed – Annoh-Dompreh attacks new cocoa price
3 hours -
Young Positivist Writes : My Experience with GCLP
4 hours -
Strong Day 1 turnout sets tone for Day 2 of Republic Bank-JoyNews Habitat Fair Clinic
5 hours -
Ghana Army warns new soldiers against social media misuse, uniform abuse
5 hours -
AMA calls for science-led action to tackle environmental health risks in Accra
5 hours -
NPP Canada Organizer BigMo urges Diaspora to support Kodua Frimpong
6 hours -
He entered at eight; he is now 16: Ghana’s children growing up in prayer camps
9 hours -
‘Development must not always begin from Accra’ — Anwelle Foundation launched in Jirapa
9 hours -
PKO trio eye victories at Odwira Festival
12 hours