A workforce of Financial and Finance consultants from the United Republic of Tanzania at the moment visiting the nation have made a name on African leaders to contemplate emulating the favored Small and Medium-sized Enterprises (SME) truthful initiative by the Ghana Export–Import Financial institution (GEXIM) dubbed “GEXIM Tuesday Market”.
The four-member workforce comprising representatives from the Ministry of Finance and Tanzania’s Central Financial institution, Financial institution of Tanzania, are within the nation on a examine tour of the Ministry of Finance and chosen strategic authorities companies to understudy their operations within the areas of Client Safety within the monetary sector, SMEs and Microfinance.
As a part of their schedule, the workforce participated in a particular version of the GEXIM Tuesday Market dubbed “Tuesday Market Mid-Yr Mart” which came about on Tuesday, June 25, 2024, on the forecourt of the Financial institution’s head workplace, Africa Commerce Home in Accra.
The workforce interacted with GEXIM’s Deputy Chief Government Officer accountable for Banking, Rosemary Beryl Archer and a few distributors on the truthful.
Dionisia Mjema, Assistant Commissioner, Monetary Sector Growth Division of the Ministry of Finance, Tanzania and the chief of the workforce, reiterated that the continent must craft its personal options to resolve its issues and it begins with the promotion of a mindset of self-reliance.
Lauding GEXIM for introducing such a revolutionary initiative with the potential of fixing the fortunes of the nation and its residents, she said that “all over the world, SMEs contribute to the industries for offering the required elasticity and have been recognized as to play essential roles in creating personal initiatives. Initiatives just like the GEXIM Tuesday Market must be thought of for replication throughout the continent to assist in the continent’s industrialization agenda. And in international locations the place crucial, tailored in keeping with the market necessities and specs”.
On her half, Rosemary Beryl Archer thanked the Tanzanian workforce for taking part within the “Tuesday Market Mid-Yr Mart ” and providing insightful concepts on replicating it throughout the continent. She highlighted GEXIM’s dedication to fulfilling its mandate to help the Authorities of Ghana in repositioning the Ghanaian economic system into an export-led one.
“GEXIM is a Growth Financial institution championing the Authorities of Ghana’s quest to remodel the Ghanaian economic system into an export-led one, and as per our dedication to attaining this, the Financial institution will proceed to discover avenues to create consciousness of Ghanaian merchandise and create an exterior marketplace for these merchandise all over the world. We’re completely satisfied to work with international companions to harness the export potential of our Made-In-Ghana merchandise by assembly worldwide requirements required for international markets”, she emphasised.
GEXIM Tuesday Market was initiated by the financial institution in 2019 as a platform for purchasers and producers of Made-In-Ghana merchandise to showcase their merchandise and serves as a one-stop-shop for most people to buy something domestically manufactured from well-packaged and high quality meals objects, beauty merchandise, clothes and textiles, leather-based merchandise and plenty of extra at unbeatable costs.
In July 2022, GEXIM acquired the African Union Small and Medium Scale Enterprise (AU SME) award for “The Greatest Market Initiative” within the Africa class for its “GEXIM Tuesday Market” initiative on the first-ever African Union SME Discussion board held in Cairo, Egypt by the African Union in collaboration with the All Africa Affiliation for Small and Medium Enterprises (AAASME).
On the thirty-first Nationwide Advertising Efficiency Awards of the Chartered Institute of Advertising Ghana (CIMG) in November 2020, GEXIM acquired the CIMG President’s Particular Award for the “GEXIM Tuesday Market” initiative.
As well as, stakeholders comprising gamers within the personal sector, policy-makers and representatives from authorities companies within the SME sector in January 2020 named “GEXIM Tuesday Market” because the Greatest SME Growth Initiative.
Different members of the Tanzanian workforce have been two economists from the Ministry of Finance; Ms. Zawadi Ngonde and Ms. Neema Mtei and Ms. Catherine Manase, from the Central Financial institution of Tanzania.