Ghana’s ability to take advantage of the Africa Continental Free Trade Area (AfCFTA) has been dealt a major blow, after a baseline study found that only 5 percent of the country’s Micro, Small and Medium Enterprises (MSMEs) export their products. This was after surveying 84,592 MSMEs in 245 out 261...
Fidelity Bank has recorded a 32percent increase in profit before tax (PBT) for 2021.  This came to light at the bank’s recent Annual General Meeting (AGM) which was held virtually for its shareholders to review the performance of the bank for the year ended December 31, 2021. Within the period...
In order to make available funding to businesses, especially to entrepreneurs and startups, Senior Partner at AB & David Law Firm, David Ofosu-Dorte, says the central bank should introduce an index that allows for non-collateralised lending. Non-collateralised lending, also known as an unsecured loan, doesn't require any type of collateral; thus,...
industry set to increase contribution to GDP by 3% The insurance sector’s contribution to Gross Domestic Product (GDP) could increase by about 3 percent in the next ten years, given patronage of microinsurance products by the informal sector. Insurance contribution to national output is barely one percent at the moment,...
Data from the State Insurance Company (SIC) has revealed that transit trade for the first quarter of 2022 decreased by 23 percent compared to the same period in 2021. This was made known by the Head of Transit Bond Guarantee System at the SIC, Mr. Osei Ntiamaoh, at a meeting...
KfW, the German development bank, has reaffirmed that its partnership with the recently launched Development Bank Ghana (DBG) - which was signed in December 2021, seeks to provide much-needed support to the Small- and Medium-sized Enterprise (SME) sector and thereby promote sustainable development of the Ghanaian economy based on...
York St. John’s University, a reputable higher educational institution in the United Kingdom, has partnered Astolinks International to provide a step-by-step detailed information to Ghanaian students seeking to further their education in the UK. Astolinks International is a Ghanaian firm that provides services on overseas education, travel and immigration consultancy...
The Kotwi Business Center, under the Santasi Area office of the ASA Savings and Loans, in the Ashanti Region, has organized a free health screening, to the benefit of over 200 residents of the Kotwi and adjourning communities. The beneficiaries of the exercise made up of customers and potential customers...
The power of attractiveness in the shopping experience can be quite impactful, as found in a series of experiments written about in the December 2008 edition of the Journal of Marketing Research. The study was titled “Positive Consumer Contagion: Responses to Attractive Others in a Retail Context” and relied...
Three hundred women farmers, women-led agribusiness and women farmers living with disabilities have taken part in the 4th edition of Women in Food and Agricultrual Leadership Forum (WOFAGRIC) and the Gold in Soil Awards in Takoradi. The two-day training forum on the theme: ‘Agriwoman: grow-recover-stand out’ discussed technical and field...