NIB Organizes Workshop for SMEs on Good Corporate Governance

In its quest to enhance the capacity of SMEs, the National Investment Bank (NIB) in collaboration with Corporate Secretarial and Training Services on the 26th & 27th of July, 2018 held a two-day workshop for some players in the industry.

The workshop which was on the theme, ‘’Corporate Governance’’ was aimed at strengthening the capacity of the SME players and establishing a working relationship and partnerships to enable them grow and have competitive edge in their various fields of business.

NIB has over the past 55 years been at the forefront of providing Financial Intermediation, Equity Financing and Credit to indigenous Ghanaian businesses. The Bank recognizes SMEs as the engine for the growth of the economy and if supported could provide the needed jobs for the unemployed especially.

In his welcome address, Head of Corporate Affairs at NIB Mr. Charles K. Wordey, urged the participants to take advantage of the workshop to deepen their knowledge on the need to institute legal internal control mechanisms through proper corporate governance structures to ensure the integrity of their financial and accounting information.

The training was held at the Accra Digital Centre for SMEs selected from varied fields of businesses. A resource person from Corporate Secretarial and Training Services Mr. Samuel Nartey spoke on the pros and cons of setting up a business as a Sole Proprietor and Partnerships while Mr. William Demitia, also a resource person schooled the young entrepreneurs on tax compliance, among others.

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