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in Vaultz Business

Foster an Environment Where Entrepreneurship Can Flourish- AGI President to Stakeholders

Maynard Championby Maynard Champion
August 25, 2023
Reading Time: 3 mins read
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AGI launches 12th Ghana Industry and Quality Awards to enhance local businesses’ growth

Dr Humprey Ayim-Darke, President of the Association of Ghana Industries (AGI), has called on stakeholders in the industry to create an environment in the country where entrepreneurship can flourish.

The AGI President made this known at the launch of the 12th Ghana Industry and Quality Awards to exemplify commitment to excellence, sustainability, and the growth of local businesses. He noted that the awards are a testament to the industry’s dedication to innovation, drive to uplift their communities, and their unwavering belief in the potential of homegrown enterprises.

“We acknowledge that progress is a collective effort, and each facet of society plays a crucial role in creating an ecosystem where local production can thrive. It is for this reason that the AGI continues to engage the Government on policies such as the development of regulations that seek to control the importation of selected strategic products we can produce here in Ghana.”

Dr Humprey Ayim-Darke

Dr Humprey Ayim-Darke noted that if the policies to reduce imports are implemented, it would help reduce the import bill and improve the balance of payments situation of the country.

“As we embark on this journey to celebrate and promote local production, let us commit to fostering an environment where entrepreneurship can flourish, and where businesses can thrive for shared prosperity. Let this year’s awards be a beacon of hope and a testament to the power of collaboration and determination even in a period of turbulence.”

Dr Humprey Ayim-Darke

The AGI President expressed gratitude to loyal sponsors, whose support made the event possible dedication to promoting local production is commendable and serves as a shining example for others to emulate.

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The Award To Honour Companies That Achieved Outstanding Successes In Various Areas

Dr. Nora Bannerman-Abbot, the AGI Awards Planning Committee Chairperson, on her part, said the Awards would reward and honour companies that have achieved outstanding successes in various areas of Industry and Innovation in the year under review.

Meanwhile, the categories for this year include the Major Awards, the Sector Awards, and the Regional Awards. There will also be a few honourary Awards to deserving firms and personalities who have distinguished themselves in the industry. “We have made that deliberate effort to distinguish our Awards from the several awards schemes we see emerging around us, by positioning the AGI Awards as the mother of all Awards in Ghana,” she said. She added that the theme: “Promoting local manufacturing in an ever-changing business climate” is to spur on the local producers.

PHOTO 2021 12 07 10 17 35 3 e1639502852167

“Our businesses have faced strong headwinds in the first half of this year coupled with new revenue measures against the backdrop of the IMF interventions. We believe major fiscal policy reforms and reliefs are needed to chart a competitive path for Industry to bolster expansion and inclusive growth. Indeed, local manufacturing Is the way out of our economic instability, unemployment, and export deficits.”

Dr. Nora Bannerman-Abbot

Dr Bannerman-Abbot indicated that the motivation for the AGI Awards is to bring up local businesses to international standards with products and services, which measure to and are competitive on the global markets.

The success of any company depends on the quality of the product or service it offers. “For those of us in manufacturing, factors such as safety, efficiency, and reliability all affect the quality of a product and ultimately influence overall customer satisfaction, so these are very crucial for our Awards,” she said.

Mr Sergio Mujica, the Secretary-General of the International Organisation for Standardisation, also stressed on partnership with the public and private sectors in the development of standards.

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READ ALSO: Republic Bank Signs Agreement with Petra Trust Limited to Provide Pension Backed Mortgages

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Tags: Association of Ghana Industries (AGI)Dr Humprey Ayim-DarkeFoster an Environment Where Entrepreneurship Can FlourishGhana Industry and Quality Awards
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