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    Assistant Director, Fintech and Innovation, BoG, Clarence Blay

    E-cedi will not affect MoMo business – Bank of Ghana

    Coronation Insurance launches marine insurance e-portal for importers

    Bank of Ghana to widen its scope on cryptocurrency

    Importers, Exporters Association calls for sympathy for Labianca following corruption claims

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    Assistant Director, Fintech and Innovation, BoG, Clarence Blay

    E-cedi will not affect MoMo business – Bank of Ghana

    Farmers worried about possible unfair distribution of MoFA machines

    Coronation Insurance launches marine insurance e-portal for importers

    Bank of Ghana to widen its scope on cryptocurrency

    Importers, Exporters Association calls for sympathy for Labianca following corruption claims

    Our cars to sell for cheaper soon- locally assembled automobile companies

    BoG Deputy Governor chairs advisory board of UG’s College of Humanities

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    Assistant Director, Fintech and Innovation, BoG, Clarence Blay

    E-cedi will not affect MoMo business – Bank of Ghana

    Coronation Insurance launches marine insurance e-portal for importers

    Bank of Ghana to widen its scope on cryptocurrency

    Importers, Exporters Association calls for sympathy for Labianca following corruption claims

    BoG Deputy Governor chairs advisory board of UG’s College of Humanities

    GEXIM CEO is one of Ghana’s 100 most influential business leaders

    Zenith Bank Ghana wins premium quality West African banking brand of the year 2021

    GIPC and GSE sign MoU to attract more investment into Ghana

    Appolonia City unveils its first commercial building; Adumuah Place

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    We’re ready to re-engage gov’t on acquisition of Vodafone shares – Telecel

    New deadline for SIM re-registration too short – MoMo agents association

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    Vodafone agrees sell stake in Ghana’s business to Telecel

    Telecoms Chamber and IIPGH advocate sustained coding education

    IIPGH to enter coding education partnership with Telecoms Chamber

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    African countries that could follow Sri Lanka into economic chaos

    Africa’s internet economy to cross $180 billion by 2025: Report

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

    Ivory Coast is set to receive $26.1 billion worth of development finance from 4 lenders, the EU and France

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

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Produce quality products to stay competitive – Businesses urged

April 30, 2021
in Business, Local Economy, News, Top Stories
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Ghanaian businesses have been charged to leverage on lessons from COVID-19 to accelerate development through trade and stay competitive in the global economy.

This is according to Emmanuel Asumani, Director of Operations for the ILO-SCORE program.

Speaking to Citi Business News on the sidelines of a workshop to train Small and Medium sized enterprises on international best practices, Mr. Asumani also urged businesses to pay more attention to the quality of goods produced as well as the cost of production.

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“We are in a global village and goods that are coming from China are not so different from those which are being produced in Ghana. Our local enterprises must come to term with building resilient institutions. Managers and workers must work together, and we must understand that every consumer is interested in the quality of the product we produce as well as the cost of it so, as a team, we must address these key issues.  In fact, the only way that we can survive in the global market is that we are particular about the cost and about the quality of our product,” he said.

The Sustaining Competitive and Responsible Enterprises (SCORE) program is part of the International Labour Organisation’s contribution to enhancing the capacity of the informal sector due to its effect on the country’s economy.

It is a scheme that seeks to improve the productivity and working conditions of Small and Medium Enterprises (SMEs) in the country.

SCORE was launched in 2011 in Ghana with funding from the State Secretariat for Economic Affairs (SECO) of Switzerland and the Norwegian Agency for Development Cooperation (NORAD).

Since then, SCORE activities have been implemented in various phases: Phase I, Phase II, and Phase III which ends at the close of 2021.

About 215 SMEs have benefited from SCORE training in Ghana. Some outcomes of this training are production cost reduction, improved delivery time, better working conditions for employees, waste reduction, less defects and safer working environment.

Source: ILO -SCORE
Tags: ILO SCORE GHANA
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