Innovate to stay in business — Minister tells business community

Innovate to stay in business —Minister tells business community

Tight competition in crowded markets and current global happenings requires that local producers and manufacturers would go beyond their limitations, and innovate to meet the changing needs of the market and to stay in business, says Mrs. Shirley Ayorkor-Botchway, Minister of Foreign Affairs and Regional Integration.

In a speech read on her behalf at the sixth edition of the Global Business Quality Award and Summit on the theme: ‘Celebrating Decades of Quality Global Brands in Ghana” in Accra, the minister also asked local manufacturers and producers to explore existing opportunities in the single continental market.

According to Mrs. Ayorkor-Botchway, government is poised to empower the private sector to export to other African countries underpinned by its national action plan for boosting intra African trade and the national export development strategy.

“These are designed to transform the Ghanaian economy and position the country as a new manufacturing hub of the region,” she said.

The minister further commended the organisers of the awards for recognising and rewarding the efforts of businesses that are committed to building quality and lasting brands.

“It is refreshing to know that these companies, irrespective of the strides they make, get to be acknowledged and celebrated for being able to keep their heads above these global waters,” she noted.

The Global Business Award and Summit is an annual event of the Entrepreneurs Foundation of Ghana that gives recognition to individuals and companies – local and foreign – operating in Ghana for their commitments to improving the quality delivery of goods and services, and open to innovation and cutting edge technologies that add value to their products and services.

The awards event also presents a great networking opportunity for individuals and businesses, alike, to work together through the transfer of knowledge and best practices.

‘Premium Quality West African Banking Brand of the Year 2021’ – Zenith Bank (Ghana) Ltd.; ‘Most Promising Pharmaceutical Brand of the Year 2021’ – Kofikrom Pharmacy Ltd.; ‘Best Quality Herbal Mixture of the Year 2021’ – Taabea Herbal Mixture (Taabea Company Ltd.); ‘Best Quality Antiseptic Brand of the Year’ – JRA; Lion Antiseptic – ‘Best Quality Herbal Healing Ointment of the Year’; and Premium Quality Confectionary Brand of the Year 2021’ – Top Choco-Alpha Industries Ltd.

The award for ‘Best Quality Plant Medicine of the Year Award 2021’ went to COA Mixture -COA Research and Manufacturing Company Ltd.; ‘Premium Quality Healthcare Brand of the Year Award 2021’ – Holy Trinity Medical Centre; ‘Most Promising Mobile Money Brand of the Year Award 2021’ – G-Money; ‘Premium Quality Paper, Printing and Packaging Brand of the Year 2021’ – Jay Kay Industries and Investment Ltd.; and ‘Premuim Quality Cocoa Industry of the Year Award 2021’ – Niche Cocoa Industry Ltd.

Other winners were: ‘Premium Quality West African Iron & Steel Brand of the Year 2021’ – B5 Plus Ltd.; ‘Premium Quality Group Company of the Year 2021’ – Jospong Group of Companies’; ‘Quality Woman CEO Leadership Award 2021’ – Madam Angela List, CEO of Adamus Resources Ltd.; and ‘Quality CEO Leadership Award’ – Mr. Pawan Aidasani, CEO of Jay Kay Industries and Investment Ltd.

Serial entrepreneur and Executive Chairman of McDan Group, Dr. Daniel McKorley, was recognised with the ‘Quality Business CEO Leadership Award 2021’, while ‘Quality Manufacturing Leadership Award 2021’ was awarded to Mr. Mukesh Thakwani, the Executive Chairman of B5 Plus Group; ‘Quality Healthcare Leadership Award 2021’ went to Prof. Samuel Ato Duncan, Founder and CEO of COA Research and Manufacturing Company.

The ‘Overall Best Quality CEO Leadership Award 2021’ was awarded to Dr. Joseph Siaw Agyepong, Executive Chairman of Jospong Group of Companies.

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