MSMES the Backbone of the Economy

• The Government of Jamaica (GOJ) remains committed to the growth and development of the micro, small, and medium-sized enterprise (MSME) sector, which continues to play a pivotal role in the country’s economy, says the Minister with responsibility for Information, Skills, and Digital Transformation, Senator Dr. the Hon. Dana Morris Dixon.
• With more than 422,000 MSMEs in operation, it was highlighted that these enterprises are undoubtedly the backbone of Jamaica's economy. They employ 60% to 70% of the workforce and account for over 90% of private-sector employment. "Your businesses are the ones building our nation. Your businesses have the power to propel Jamaica forward," she stated. 
• Morris Dixon addressed the graduation ceremony for 350 operators in the MSME sector who took part in the Wisynco/Coca-Cola Foundation 'Growing Together' initiative. This event occurred at The Ruins, University of the West Indies (UWI) Mona, on May 25.
• Owners of corner shops, wholesale outlets, groceries, and supermarkets operating within Wisynco’s network have benefited from a complimentary online business management course. Topics covered included inclusion and personal growth, managing your business, digitalisation of the business, electronic payments, WhatsApp business, inventory and financial health.
• "This is certainly a bold and visionary advancement for our community and economy. It demonstrates the Wisynco Group's dedication to its partners and the MSME sector. The graduates were not required to pay a fee or travel to distant classrooms; they could learn at their convenience. Hence, the Growing Together initiative is commendable and deserves praise," she stated

 (Source: JIS)