Vodafone to enhance Small and Medium Scale Enterprises

Mrs Angela Mensah-Opoku, Head of Vodafone Business Solutions

Vodafone Ghana has pledged its commitment to support actors in the Small and Medium-Scale Enterprises (SME) as they contribute immensely to the promotion of socio-economic development in the country.

Mrs Angela Mensah-Opoku, Head of Vodafone Business Solutions said Vodafone has found the need to support and recognise the great work being done by SMEs to change the economic outlook of the country.

Mrs Mensah-Opoku 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 Vodafone had become the nerve-centre in the journey of equipping them with bespoke technological solutions whilst endowing them with skills and knowledge to become future multinationals and local corporates.

“Soon, it will no longer be enough to be called an SME – the real measure will be how impactful and scalable a company has become”, she said.

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.

Mensah-Opoku said immense pressure was mounting on key regulators of the country’s businesses as they grapple 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 advocate for government not to renege on its commitment to keeping the SME space afloat at all times since it is the backbone of the country.

“Our commitment to developing SMEs in the country by offering them innovative solutions remain unchanged. Currently SMEs make up 25 percent our Enterprise revenue portfolio whilst commanding about 60 percent 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.