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PEF orgainses training of trainers’ program for member associations

A group photograph of participants at the training workshop in Accra

 

MSMEs in Ghana face numerous challenges that hinder their operations. Key among them is the lack of enhanced technical and managerial skills to effectively run their businesses to become competitive, profitable and grow to create jobs. In Ghana, this inability to adequately understand the dynamics of their sector of operations makes MSMEs uncompetitive. Their inefficiency is characterized by the following; failing to track their finances; low reserve capital; poor choice of location; poor execution of operations and non-viable business model; absence of innovations; ineffective marketing strategies; paucity or absence of pertinent information; and underestimating the competition.

All the above can be attributed to shallow and mediocre management capabilities of the majority of owners and managers of these companies or businesses coupled with low skills-set and inadequate technical abilities of the staff of these businesses for efficient operations. This therefore calls for a holistic approach that will continuously provide sustainable capacity building solutions to these businesses. To strengthen the capacities and capabilities of the associations to deliver to their constituent members PEF engaged the BUSAC Fund for support to build the capacity of the technical team of the Federation and its member associations to impart succinct training to their constituent businesses.

As a result of a nationwide programme that was undertaken by PEF in 2015, the following capacity building needs were identified; Research and Advocacy, Data aggregation and Record Keeping, Business plan development and Financial Management, Participation in Public Tenders, Taxation. To ensure sustainability of the provision of training to these SMEs, PEF adopted a Training of Trainers (TOT) approach. This will ensure that the secretariat of PEF and the beneficiary member associations have the requisite skills to continue to administer these trainings beyond the support to be provided by the BDS consultant. Subsequently, the Federation will roll out these trainings on a large scale.

 

PEF inaugurates District Business Councils

DBC members in a float through the principal streets of Mampong

  


The Private Enterprise Federation (PEF) in its efforts to influence and enhance the participation of local businesses in opportunities at their localities at the district levels initiated a project in 2016 aimed at establishing District Business Councils (DBC) at various districts across the country. PEF seeks to enhance the competitiveness of SMEs at the district levels through the formation of vibrant District Business Councils that will serve as platforms for private sector players to not only advocate for policy changes that will improve the enabling environment but also seek business opportunities within the districts for business growth. This advocacy action has led to the establishment of pilot District Business Councils in three (3) selected Districts (Techiman, Mampong, Ejura) which brings together a wider range of business groupings into a common platform at the district level to effectively advocate for recognition, dialogue and influence policies with the duty bearers.

The establishment of the District Business Councils will serve as viable networking platforms for advocacy and business incubation towards; Enhanced dialogue between the business community and duty bearers, Influence incubation and business growth at the district level, improve investment environment for businesses to grow within the respective districts and create jobs and wealth to alleviate poverty and stem the migration of rural population to the various metropolis.

Though these pilot DBCs have been in existence since October 2016, it became necessary for them to be officially launched supported by the Konrad Adenauer Stiftung; PEF was able to organize a single launch of the three (3) DBCs at the Asante-Mampong on September 21st, 2018.

The Special Guest of Honour was the Omanhene of Mampong Traditional Council, Daasebre Nana Osei-Bonsu II. The event was chaired by Nana Agyei Duku, the Nkosuohene of Mampong Traditional Council and Chairman of Ghana Union Assurance. Other invited guest for the event was the Chief Executive Officer of the National Entrepreneurship and Innovation Programme (NEIP), Mr. John Kumah who represented the Minister of Business Development, Nananom of the Mampong Traditional Council including Ejurahene and the Chief Executive Officer of the Mampong Municipal Assembly, Hon Thomas Appiah- Kubi who was a full partner in the organization of the event. The inauguration brought together stakeholders from Mampong, Techiman and Ejura including Nananom and faith-based organizations to demonstrate their support for the initiative. The Mamponghene offered himself as the first Chairman to steer the affairs of the collective District Business Councils to ensure its success given the potential benefits of a vibrant District Business Council to the communities. The event was graced by an exhibition from the Food Research Institute and Industrial Research Institute both of CSIR to showcase innovation in preparation of variety of food products using local raw materials. The Industrial Research Institute demonstrated its competency in renewable power generation at low cost from human faeces and waste. Participants were overwhelmed with these innovations.

 

PEF Seeks Partners to Implement Green Energy Project

The Private Enterprise Federation (PEF), as the apex business council in Ghana, promotes competitiveness and profitability of domestic industries as a strategic partner in innovative problem solving, to continually identify and leverage new technologies to reduce operating and maintenance cost with co-benefits of contributing to or supporting the attainment of overarching objectives of the SDGs and SE4ALL (carbon emissions reduction) under the Paris Agreement. 

Read more: PEF Seeks Partners to Implement Green Energy Project

4th Africa Organic Conference

4th Africa Organic Conference. November 5-8, 2018 in Cameroon

AfrONet events archives
AfrONet events archives



The 4th Africa Organic Conference targets farmers, consumers, researchers, trainers, academics, extension practitioners, policy makers, donor, media etc

The conference is organized by AfrONet in collaboration with the National Consultation of Farmers’ Organization under the auspices of Africa Union led Coalition of Ecological Organic Agriculture Initiative.

View Event Brochure

Register Here

 

PEF Trains Business Owners

The Private Enterprise Federation (PEF) under the Ghana Institutional Support Project (GISP) being funded by the African development bank (AFDB) through the government of Ghana and the Ministry of Finance procured the services of the University of Ghana- Office of Research, Innovation and Development (ORID) to train business owners in various courses related to Business Start up and Growing an existing Business. The objective of the exercise was to develop the skills of these business owners to spot opportunities, develop products that respond to these opportunities and effectively market them for growth of their enterprises. 

Read more: PEF Trains Business Owners
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