Sydney Hayford [4]

The Development of Small Medium Enterprises and their impact to the Ghanaian Economy

To find the importance of the SME sector to the Ghanaian economy and the challenges facing the sector.

Interviews, questionnaires, publications and reports

The sector is a major contributor to the country’s GDP, performing very well.

Some of the problems faced by the sector were lack of access to credit facility, inefficiencies with their management, inability to capitalize on advanced technology, regulatory and legal constraints.