Tigo, a leading telecommunications company in Ghana, has held “TIGO Diamond Financial Literacy Conference 2012” at Tarkwa in the Western region to build the capacity of aspiring entrepreneurs, mine workers, business leaders, students, administrators and the general public.
The conference, which was the first of its kind in the Tarkwa-Nsuaem Municipality, brought together about 500 participants to learn at first-hand how to manage their finances and invest their resources into viable ventures in order to have appreciable returns.
The conference, sponsored by TIGO, which was on the theme: “Prudent Financial Management: a tool for financial independence,” was organized by the Students’ Representative Council (SRC) of the University of Mines and Technology in Tarkwa.
In his open address, James Nyarkoh, Marketing and Communications Manager of TIGO, asserted that it was only when people invest their money into viable ventures and achieve good returns that they could create more jobs in the private sector and help alleviate poverty.
He added that TIGO does not only help build capacity of the working masses and the unemployed, but also monitors and evaluates the activities of such persons and organizations by offering expert advice.
Kofi Nhyira-Owusu, Chief Executive Officer (CEO) of FOREthough Ghana, a business solution firm, who spoke on “Managing Money,” intimated that it was wrong to travel to make money in another country when money could be made anywhere.
“To create wealth you need a lot of patience and preparation, build your capacity and pay the price by sacrificing certain pleasures or things. Note that wealth creation is not ‘sakawa’ because sakawa is not wealth creation, it is evil or bad money and won’t last”, he retorted.
He advised that people who want to create wealth should do things with passion and avoid being myopic, adding “sacrifice to build business that will be sustainable, don’t be a pretender. You don’t need lots of certificates to get a good job.”
Nhyira-Owusu pointed out that people should accomplish their dreams by humbly selling their ideas to make their world a better place than they came to meet it.
He urged young entrepreneurs not to antagonize people but rather build excellent relationships and be able to manage people through proper networking.
On his part, Mawuena Dumor Trebrah, Chief Business Strategist, Inspire African Consult Limited, who chaired the TIGO Financial Literacy Conference 2012, expressed excitement about the initiative by the Students’ Representative Council (SRC) of UMaT for planning such a programme on financial prudence, an area that was beneficial to the students in general.
She was enthused by the intelligent analyses of the various speakers and the down-to-earth manner of the various presentations, adding ‘it is an opportunity to re-assess how to manage our financial resources to begin to plan today towards financial independence”.
Felix Atsu Ackuayi, SRC Treasurer of UMaT, said the programme was crucial not only crucial to workers but students because the students would soon enter the job market.
From Sam Mark Essien, Tarkwa