Softcare FM Manufacturing Limited has been honoured as the 6th Ghana’s top company at the 21st Ghana Club 100 Awards, hosted by the Ghana Investment Promotion Center (GIPC) on October 25 in Accra.
This makes Softcare FM Manufacturing Ltd, the number one company in the manufacturing sector
The company achieved this feat after years of excellence in the manufacturing, distribution, marketing and sales of diapers, wet wipes and sanitary pads in Ghana and exports to other countries
Softcare FM Manufacturing Limited Company, a local manufacturer of diapers, wet wipes and sanitary pads is accountable and committed to improving the well-being of communities and society through various donations and sponsorships to communities, hospitals and schools.
Since its inception in 1998, the Ghana Club 100 awards have celebrated corporate excellence and promoted effective governance within Ghana’s private sector, motivating companies to achieve higher standards and set new benchmarks.
This year’s event, themed “Fostering Domestic Champions: Building Local Capacity,” highlighted the contributions of Ghana’s leading firms to local development.
The baby diaper and sanitary pad industry in Ghana has indeed become a significant contributor to the economy, generating employment opportunities for over 5,000 people directly and indirectly.
This sector is helping to cultivate a workforce with specialised technical skills, benefitting both the industry and the broader economy.
The products meet high standards of quality and safety and offer Ghanaian consumers reliable options at affordable prices, which bolsters local pride and demand for "Made in Ghana" goods.
However, there is a noteworthy imbalance between local production capacity and demand.
With a production capability of up to 2.5 billion diapers annually but a domestic demand of only around 900 million diapers, the industry is facing a low capacity utilisation issue.
This substantial gap underscores the need for targeted policy measures to support local manufacturers.
Initiatives in policy-making, regulation enforcement, and ensuring market fairness could be instrumental in protecting domestic producers from port smuggling and dumping.
These actions would not only help in stabilizing the industry but also in maximizing its potential as a sustainable economic contributor.
Latest Stories
-
CSIR Executive Director urges farmers to adopt technology for improved farming
10 mins -
Football Impact Africa’s Ghetto Love Initiative inspires change in Teshie
22 mins -
Peter Toobu calls for tighter border security over uncovered weapons at Tema Port
24 mins -
Gov’t has failed its commitment to IPPs – Ablakwa
28 mins -
Sell Chrome to end search monopoly, Google told
40 mins -
KATH to install seven new dialysis machines by end of November
43 mins -
Walewale: Police confiscate 37 bags of cocoa beans suspected of being smuggled out of Ghana
54 mins -
‘Expired’ Rice Scandal: FDA confirms rice was safe for consumption after rigorous lab tests
60 mins -
Many women have experienced intimate partner violence – Angela Dwamena Aboagye
1 hour -
Power challenges persist due to government’s mismanagement of revenues – Okudzeto Ablakwa
2 hours -
Jordan Ayew injury not as bad as feared – Leicester City boss
2 hours -
Stonebwoy heads to North America for UP & RUNNIN6 tour
2 hours -
FDA explains extension of best-before date for ‘expired’ rice
2 hours -
Rebecca Akufo-Addo, Mahama storm Akuapem North as NPP NDC slugs it out
2 hours -
Fatawu’s injury a big blow for us – Leicester City manager
2 hours