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Business News of Tuesday, 26 August 2014

Source: GNA

Accra to host Entrepreneurial Conference

Bastiat Ghana, a liberal economy think tank, is organising a maiden Entrepreneurship Conference in Accra to facilitate the reduction of unproductive small scale enterprises in the country.

The free open lectures for the business community would be held on September 12 from 1450 hours to 1700 hours at the British Council Hall, on the theme: “Reliable alternative solution for business growth and principle wealth making.”

Dr Tweneboah Senzu, Managing Director of Bastiat Ghana, who made this known in an interview with Ghana News Agency on Monday, said the event was a follow up of a survey his outfit carried out among 100 business executives belonging to various corporate institutions, which indicates that they have lost confidence in such bodies.

The study showed that 75 per cent of the sampled members said it is a waste of resources to pay association yearly subscription, while the 25 per cent said they pay their subscription because of travelling opportunities.

He noted that business executives join corporate associations to seek for solutions facing their businesses instead of empty advocacy against government.

He said some of these associations, peg their annual membership fees around GH?1, 000 hence the need for such entities to show value for money.

Dr Senzu said Bastiat Ghana believes that, even when government policies and strategies are failing, it is the responsibility of the society to see far into the future and divine the opportunities and threat, to adopt mitigation strategies to protect it members through reliable economic and business development innovative strategic information.

This, he, said “would guide it members against unexpected economic shocks, contraction and trough”.

“Our focus and target is to always see to it that unproductive small and medium enterprises, micro medium and small enterprises are positioned to be scalable and productive to the benefit of the economic growth of Ghana,” he said.