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    Employ targeted-subsidized systems to check macro-economic challenges – Prof. Quartey

    Inflation in Africa: Some subsidy programs prolonging situation – Jeff Gable

    Cedi Summit comes off today at Alisa Hotel

    BoG’s supply of dollars to BDCs drops from 85% to 21% within 3 months – CBOD

    BoG, CSA deepen collaboration to fight cyber threats

    Societe Generale Ghana launches new ‘boafo loan product’ assist MSMEs

    Dr. Bawumia unveils Ghana’s first Tier IV data centre

    Intravenous Infusions PLC records 10% growth in profit in 2021

    Regional economic cooperation needed to enhance Africa’s competitiveness – Bawumia

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    Cedi Summit comes off today at Alisa Hotel

    BoG’s supply of dollars to BDCs drops from 85% to 21% within 3 months – CBOD

    Societe Generale Ghana launches new ‘boafo loan product’ assist MSMEs

    CBOD calls for a more structured supply of Forex for petroleum products

    Bank of Namibia Governor pays courtesy call on BoG Governor

    DBG funds will not be used to buy gov’t securities – Deputy CEO assures

    Producer Price Inflation rises again to hit 33.5% in May 2022

    #CitiBusinessFestival: Garment industry needs financial support to thrive – Cyndex CEO

    Ghana tops list of countries with cheapest cost of electricity in West Africa

  • TECHNOLOGY

    BoG, CSA deepen collaboration to fight cyber threats

    Dr. Bawumia unveils Ghana’s first Tier IV data centre

    ADB pioneers in global remittance services in Ghana [ARTICLE]

    Introduction of GhanaPay complements efforts to capture the unbanked into digital payments ecosystem – Veep

    #CitiBusinessFestival: How the country can take advantage of the “Ghana Opportunity”

    Chamber of Telecommunications calls for more investment into Technology to improve livelihoods

    Citi Business Festival: Address lack of financial data challenges using MoMo – Rufai Abdul Majeed

    Citi Business Festival: Acquiring digital skills key to securing employment – Maximus Ametorgoh

    Bank of Ghana commences piloting of digital currency in Sefwi Asafo

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    Regional economic cooperation needed to enhance Africa’s competitiveness – Bawumia

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    Gulf central banks, Bank of England raise policy rates after Fed hike

    US Fed meets inflation surge with 75bp hike

    As Nigeria’s inflation rate accelerates to 17.71%, the World Bank warns millions could face extreme poverty

    Modern airline tickets design with flight time and passenger name. Plane tickets vector pictogram. Airline boarding pass template. Vector illustration. The concept of air transportation

    Ticket prices to rise following B.A schedule change on Accra-London-Accra route

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SMEs urged to use appropriate channels to acquire certification of products

August 19, 2020
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The Ghana Standards Authority has urged Small, Medium and Micro Enterprises (SMEs) to seek early expert advice from the authority and register products in line with the laws of the country.

This follows a Citi Business News report that, a lot of small medium enterprises and start-ups do not obtain certification from the Ghana Standards Authority and other regulatory agencies.

According to the Authority, seeking expert advice will reduce the rate at which some businesses obtain fake certification for their operations.

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Speaking at a workshop organized by the Association of Ghana Industries (AGI) in Koforidua, to sensitize some business owners in the region, the Eastern Regional Director of the Ghana Standards Authority, Mr Eric Asamoah, called on members of AGI to go through the right procedure to get their products registered.

“Standardization is important. These unlawful activities of some business owners in the region are going on because some business owners do not go through the right process. That has contributed to their slow growth and lack of international recognition. We know it is a bit of a challenge because it takes some time to get through the process. We are hoping that government will construct a laboratory here to enhance smooth operations,” he said.

The Vice-Chair of AGI of the Eastern, Volta and Oti regions, Mrs. Lucy Tenkorang called on government and the Ghana Standards Authority to review registration processes for start-ups and members to get their products easily registered and certified.

“This is a bit worrisome. They are all starting from a smaller scale and staring from that low key, you need to get money to invest in order to go through the process. Like we discussed earlier, we have to buy the standard from which comes at a cost. So we are pleading with government to reduce the prices for starters so that they will be able to standardize their products,” she said.

 

 

 

Source: Neil Nii Amatey Kanarku | citibusinessnews.com | Ghana
Tags: Association of Ghana IndustriesGhana Standards Authority
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