Public commends B&FT for organising The Money Summit

The Money Summit

Some participants at the just ended Business and Financial Times’ (B&FT) event dubbed: ‘The Money Summit’, have commended the company for such an educational programme that helps to harness the opportunities in the country.

Also, the programme has exposed the participants on measures to adopt to grow local businesses for the economy to thrive.

They noted that it will help most of the youth who are entrepreneurs to learn a lot from the experts as well as identify some measures to adopt to enhance and maintain their businesses.

“It was a good event because the experts who spoke on the various issues affecting the youth and the nation were on point,” one participant said.

The event brought together some experts from the financial sector, Security and Exchange Commission, Ghana Stock Exchange, Bank of Ghana, among others, to discuss issues relating to Ghana’s financial sector, on the theme: ‘African’s Economic Growth, Facilitating Investment, Payments and Settlement Systems’.

According to Dr. Nicolas Addai Mensa, medical doctor with interest in health and economic policies, “It is sad to know that all the vaccines taken throughout the entire life of a person, including the COVID-19 vaccines, were not developed and manufactured in Africa, despite all the potential resources that African countries possess”.

He said a population of 1.4billion in Africa has no manufacturing company to produce vaccines to fight the pandemic; but he added that it is encouraging to know that government is making lots of efforts in trying to make Ghana the centre for vaccine development and medicine production.

Dr. Mensa pointed out that that if government and investors are able to invest in the sector, it will go a long way to help create jobs, and bring some funds to the Ghanaian market.

Another participant, Karis Bokoe, a retail businessman, said it is difficult to transact business on the local market than the foreign market, and therefore, the need for stakeholders to find solution to the problem.

“I have also realised that the number of businesses listed on the Ghana Stock Exchange is about 32, which I think is very small, comparing to the number of businesses in Ghana,” he said.

Another participant, who wants to be called Sam, said there have not been lots of technological activities between the security sector and the market sector; and thus urged the stakeholders to do something on it.

A senior lecturer at the University for Development Studies, Prof. Seidu Alhassan, commended organisers of the event for a great job done, saying: “The event will help inspire the spirit of the youth to take advantage of opportunities available to grow their businesses”.


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