Sep 11, 2012
Small medium enterprises (SME’s) in Ghana face a host of problems and constraints. These must be overcome if they are to be sustainable and move into the mainstream of the economy. The role of SME’s in employment generation and development in Ghana is explored in this paper.
In particular, the paper looks at the Garment and Textile manufacturing industry in Ghana as one of the industries targeted as key to reducing poverty, promoting growth and generating employment. The impact of the president’s special initiative (PSI) as an intervention to boost production and growth in this sector is assessed. As an exploratory study, this paper identifies some of the constraints faced by SME’ in this industry and discusses key interventions for successful development of the garment and textile manufacturing sector in particular.