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EPACK organises
seminar for UCC Students
Cape Coast, March 10, GNA - Mr Duke Ofori-Atta,
Vice-President of Databank on Saturday called on students to
cultivate the habit of savings and investments as a
guarantee for a better future.
He said it was only when they undertake savings as a regular
form of investment at an early stage of their lives that
they could attain financial independence.
Mr Ofori-Atta made the call at an EPACK Investment Seminar
to create awareness of the concept among students of
University of Cape Coast (UCC) at Cape Coast.
The seminar was also to inculcate in the students the spirit
of investments and the need to invest in the EPACK
Investment Fund.
It was organized by the management of Databank in
conjunction with the UCC Students Representative Council (SRC),
under the theme, “Attaining Financial Independence”.
Mr Ofori-Atta, speaking on the topic, “Securing Your Future
Through Investments-Where Is the Money?” stressed the need
for students to draw budgets for themselves and endeavour to
live within them, because those who failed to plan their
expenditure would encounter financial difficulties in the
end.
He explained that as students, they could create wealth only
when they built on their capacity and therefore advised them
to make judicious use of monies that they earned to save
some for investments.
Mr Kwesi Amonoo-Neizer, Fund Manager of Databank, and a
resource person, underscored the importance of the private
sector in national development because the Government could
employ only 800,000 out of the working population of about
six million people in the country.
However, he said job prospects were limited in the public
sector and the large multi-national companies and therefore,
urged the students to focus more on the small and medium
scale enterprises to create jobs for themselves.
Mr Amonoo-Neizer advised the students to have a vision and
think about their contribution to the economy because there
was the need for them to organize and overcome risks in
business.
He noted that graduates from the universities should develop
entrepreneurial skills in their quest to increase savings
and investments in the country.
Mr Patrick Akorsu, a Lecturer at UCC, advised the students
to invest for posterity and commended the organizers for the
seminar.
Mr Peter Wadja, SRC President, said EPAC Investment had
prospects for students and urged them to register with the
fund.
GNA
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