Mrs Kate Quartey-Papafio, the Chief Executive Officer of Reroy Electrical Cables has encouraged women to be industrious and take up leadership position to broaden and advance the governance system in the country.
She urged young women Entrepreneurs not to be stagnant, but become purposeful, focus and pursue their business plans with determination and as well sustained their gains and legacy for future outcomes.
Mrs Quartey-Papafio said this in an interview with the Ghana News Agency in Accra to mark the International Women’s Day, which falls on March 8.
The day is set aside to recognize the immense contributions of women across the globe in nation building.
This year’s global theme is “Balance for Better”, which provides a united direction to guide and galvanize continuous action on gender balance issues.
She stated that gender balance was essential for economies and commodities to thrive, stressing that collective action and responsibility sharing was critical for a gender-balanced world and critical to development.
She encouraged women to get involved in the country’s governance system to be productive, calling for greater representation in the governance process to exhibit their talent and potential in national development.
“Women had a special gift and when its well harness and nurtured would spur economic development, she added.
The 2016 Outstanding Industrialist award winner said the private sector compliment government interventions in the socio-economic development, adding that, an effective enabling environment was critical for the sector to expand and employ more people.
Giving highlights about her beginning as an astute Entrepreneur, Quartey-Papafio said she started trading at age nine, selling kerosene, but her willingness to succeed at all times made her to develop a niche around the power sector.
“The idea to venture into the power sector came to mind when we needed to install electrical cables for our building, and had to import electrical cables for the project. Upon sober reflection, we taught it prudent to manufacture electrical cables for the Ghanaian market and later export the products to some African countries- Nigeria, Sierra Leone, Rwanda, and Togo”, she added.
She said the power sector was a key strategic area when tapped effectively and efficiently would advance the country’s development, because no business entity can function and survive without power.
The 2017 Energy Personality of the Year said the country’s market share was small and had to expand operations to other countries for diversification, adding that they needed to export more to generate foreign income for the nation.
She urged Ghanaians to patronize local goods to boost domestic revenue and demystify the notion that ‘Made in Ghana’ products are inferior.
She said the company had invested in equipment, transformers and fire-resistant machines to expand production and be competitive in the global market.
She said the Company which operates in the Heavy Industrial Area, Tema, was incorporated in 1992 to manufacture, process and distribute Electrical Cables and Accessories.
The company had completed the construction of a new Manufacturing Plant, making it the largest Electrical Cables Manufacturing Plant in Ghana when it attained full capacity utilization in March 2007.
The 2013 CIMG Marketing Women of the Year said access to credit facility was one of the challenges hindering the progress of young Entrepreneurs, urging government to institute mechanisms to support them to resonate their business prospect.
She attributed the success of the company to hard work, determination, focus and attention to details.
Touching on her Corporate Social Responsibility, the CEO said she established an NGO dubbed “Boamah Foundation”, that offer assistance to the aged in society.