MTN Ghana webinar urges SMEs to get financial discipline right

Held under the theme “Making Money Moves: Building a Financially Smart and Sustainable Business,” the webinar brought together Yaw Saifah, Senior Manager for BankTech at MobileMoney Fintech Limited; Paul Mante, Managing Director of EDC Investments; and Desmond Bredu, Head of Client Coverage at Stanbic Investment Management Services.

Mr Saifah advised entrepreneurs to separate their personal finances from business funds to improve financial visibility and discipline.

He said mixing the two made it difficult for business owners to determine their actual revenue, profit and available working capital.