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Standard Authority, IIA signs MoU to support SMEs

Accra, July 28, GNA –
The Ghana Standards Authority (GSA) and Invest in Africa (IIA) have signed a
joint Memorandum of Understanding (MOU), aimed at making Ghanaian businesses,
especially Small and Medium Enterprises (SMEs) become more competitive locally
and globally.

A statement issued in
Accra by Beauty O. Larbi, the IIA Marketing Manager, said it would enable
businesses improved quality and access to financial and technical support.

The MoU follows a
business forum, which underscored the relevance of information on quality
standards for business growth to help bridge the knowledge gap of Ghanaian
businesses, especially the SMEs.

The forum was held on
the theme: “Creating Thriving Businesses through Taxation & Quality
Standards.”

The statement said the
MOU would allow IIA to advertise the services of the GSA on the IIA and African
Partner Pool websites, with direct links to the GSA website so as to inform and
simplify the process of accessing the services of GSA.

It said SMEs would
also have the opportunity to participate in events, training programmes and
forums that focus on quality standards and their application to business growth
and development.

The Authority which is
the National Standards body was established by the Standards Act 1973 (NRCD
173) and is also the custodian of the Weights and Measures Act (NRCD 326,
1975).

These legislations
together mandate the Authority to undertake: national standards development and
dissemination, product certification scheme, pattern approval of new weighing
and measuring instruments, destination Inspection of imported high-risk goods,
advise the Ministry of Trade, Industry, on standards and related issues amongst
others.

Professor Alex Dodoo,
the Executive Director of GSA, said the need to create awareness for the
services of the Authority and their readiness to facilitate, direct and assist
SMEs to produce quality made in Ghana goods and access their services to meet
the required standards.

IIA, a cross-sector
partnership of companies with the vision to create thriving African economies,
has been set up to give businesses access to skills, finance and new markets
and it is done through its key initiatives the APP, an online business platform
that connects international companies to validated local businesses.

Mr Sam Brandful, the
Ghana manager for IIA expressed the view that the collaboration with the GSA
would guide local businesses to expand, understand and meet Ghanaian and
international standards and empower local businesses to support the Ghanaian
economy while addressing major challenges which affect their growth.

Another initiative of
Invest in Africa is the Business Excellence Programme, a combined Development
Partners & Private Sector funded programme with the aim of building
businesses to be more competitive.

GNA

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