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SMEs should take advantage of govt’s policies – Minister


THE MINISTER for Business Development, Mr Ibrahim Awal Mohammed, has lauded the efforts of the Private Enterprise Federation (PEF) for its advocacy role in creating an enabling environment for the development of businesses in the country.

This, he noted, was in line with the President’s vision to create a strong economy that will create opportunities for the development of businesses.

Speaking on behalf of the Minister at a workshop for business owners in Accra yesterday, Mr Joe Tackie, Director, Ministry of Business Development, said the government is keen on promoting the entrepreneurship culture among Ghanaians.

“The overall goal of the President is to create an enabling environment that is entrepreneurial, which dovetails into the desire that we should have an environment which is business friendly.

He, however, urged the Small and Medium Enterprises (SMEs) to take advantage of the government’s economic policies, as well as, to take advantage of the opportunity given by PEF.

“It is crucial that you gain the requisite training that will enable you to take advantage of government’s innovations and the other that will come straight unto you,” Mr Tackie told the participants.

He added that the ministry associates itself with the advocacy role of PEF for the creation of an enabling environment for the growth and development of businesses in the country.

This, he said, would help create employment and boost the economy of the country.

Addressing the press after the event, Nana Osei Bonsu, Chief Executive Officer, PEF, said they had acquired resource to set up a work-based platform to house business information and enable research.

He added that they would further train business owners and play the capacity building role to ensure that businesses develop in the country.

“We will educate them on how taxes affect businesses, how to market your business, how to write a business plan among others that businesses need to develop.

“We have undertaken that in the past months in the various regional capitals with the last one being Accra,” he explained.

Mr Bonsu further added that his outfit was in constant meeting with the government to ensure that businesses are given the right conditions to develop.

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