Vodafone to support SMEs

Vodafone Ghana has pledged its commitment to support actors in the small and medium-scale enterprises (SMEs) as they contribute to the promotion of the socio-economic development in the country.

The Head of Vodafone Business Solutions, Mrs Angela Mensah-Poku, said Vodafone had found the need to support and recognise the contribution of SMEs to change the country’s economic outlook.

Mrs Mensah-Poku made these known to the media during the Vodafone-sponsored “SMEGA 2018”, an award ceremony to honour actors in the SMEs for their contribution to socio-economic development.

She said the event had been organised at the time that there were uncertainties in some parts of the economy, particularly due to the imbalances and deterioration in the financial services sector.

She said immense pressure was mounting on key regulators of the country’s businesses as they grappled with issues of corporate governance and profitability, adding that, “I know some of our businesses are going through some difficulties as we speak, especially due to tighter regulations in accessing finance and other services”.

She said Vodafone together with other organisers of the programme would continue to urge the government not to renege on its commitment to keeping the SME space afloat at all times since it was the backbone of the country.

“Our commitment to developing SMEs in the country by offering them innovative solutions remains unchanged.

Currently SMEs make up 25 per cent our enterprise revenue portfolio while commanding about 60 per cent in terms of volumes.

We are looking forward to enhancing our base even further as we look to securing corporate leadership in this space,” she added.