Small-scale enterprises to get institutional support
Accra (Greater Accra) 28 August 2001
The National Board for Small-Scale Industries (NBSSI) said would not shirk its responsibility of providing institutional support to micro and small-scale enterprises.
To this end, Emmanuel Odartey Lamptey, Greater-Accra Regional Manager of NBSSI who gave this assurance, said the board would facilitate access to credit for small-scale entrepreneurs, and provide non-financial support for sustainable small business development.
Speaking at a management-training workshop organised by NBSSI for 31 members of the Madina branch of the National Air-conditioner and Refrigeration Workshop Owners Association (NARWOA) in Accra.
The day's workshop, the second to be organised for the association, was aimed at improving their managerial know-how.
Lamptey said the board's support services cover management, technical, financial, general advisory and after-care issues.
As part of NBSSI's after-care programmes, clients who have had the training would be followed up to their workshops to ensure that they practised the skills they acquired.
Samuel Allotey Pappoe, Regional Chairman of the association, expressed concern about the high cost of imported refrigeration parts and appealed to the Ministry of Trade and Industry to assist members to get the parts at reasonable prices.
Pappoe asked NBSSI to add technical course to its training programme to upgrade the skill of members. The participants were presented with certificates.
GRi../
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Accra (Greater Accra) 28 August 2001
The GSE-All Share Index, on Monday opened the week up a modest 0.9 points to finish 948.36 points compare to 947.46 points on Friday.
Traded volumes, which were at a bottom low of 13,500 shares on Friday, however, rallied to close at 5.62 million shares, courtesy Pioneer Aluminium Factory (PAF).
The PAF alone sold 5.6 million shares as institutional investors took advantage of a 84-cedi fall in its market price. The remaining other seven equities, which also sold shares, could only manage 27,800 shares.
There were two price changes-one positive and the other negative. Unilver gained 50 cedis at 1,900. On the other hand, PAF's loss of 84 cedis brought its share price down from 700 cedis to close at 616 cedis.
The total market capitalisation was up slightly at 3,849.50 billion cedis from 3,847.76 billion cedis on Friday.
Below are the closing prices of the listed equities in cedis:
ABL 630
AGC 18,500
ALW 4,300
BAT 600
CFAO 60
EIC, 890
FML 1,000
GBL 1,300
GCB 1,550
GGL 900
HFC 952
MGL 240
MLC 130
MOGL 20,000
PAF 616 -84
PBC 450
PZ 700
SCB 21,000
SPPC 356
SSB 2,300
UNIL 1,900 +50
CMLT 430
GRi../
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