The Managing Director of the West Africa Mills Company, (WAMCO), Frank Bednar, has encouraged Small and Medium Enterprises (SMEs) to make regulatory compliance and safety issues utmost in their production line.
"Customers tend to trust such enterprises because they know they are following quality standards and are using materials that...
…Strategies for financial success in business
Budgeting and expense control are two cornerstones of financial management that can significantly impact the success and sustainability of any business. Effective budgeting allows you to plan your finances, allocate resources efficiently, and achieve your financial goals. Expense control ensures that your business operates...
Twenty-two small and medium enterprises (SMEs) under the SNV Boosting Green Employment and Employment Opportunities in Ghana (GrEEn) project have ended a four-day tour to some industries in the Western Region.
Dubbed the Business to Business (B2B) tour, it was supported by the Association of Ghana Industries (AGI) and Duapa...
Seven female-led micro, small and medium-sized enterprises (MSMEs) have successfully secured US$2million in funding from private high net-worth individual (HNI) investors.
Announcing this during the Women Entrepreneurship for Africa (WE4A) project’s conclusion in Accra, Juanita Addo, CEO-Hyma Academy, revealed that four additional enterprises secured a €120,000 grant while ten more...
Small and medium scale enterprises (SMEs) have been urged to take advantage of the African Continental Free Trade Area (AfCFTA) by seizing external market opportunities.
This, according to panellists at the recent 12th Ghana Economic Forum organised by the B&FT, will help boost local production and reduce overdependence on imports,...
The Development Bank Ghana (DBG) has announced a strategic partnership with Sinapi Aba Savings and Loans Ltd. in a significant move to bolster the micro, small and medium enterprises (MSMEs) sector.
This collaboration, facilitated by a loan facility of GH¢15million, marks a pivotal moment for both institutions as they aim...
Public servants - civil servants and government appointees - instead of playing a facilitation role for small- and medium-scale enterprises (SMEs) are competing with them and hijacking their opportunities, says the Centre for Regional Integration in Africa (CRIA).
It said it has identified public servants with the mandate of implementing...
Banks in the country are enthusiastic about financing micro, small and medium-sized enterprises (MSMEs), as they believe this segment represents a comparatively unexploited market, engenders fierce loyalty from customers, provides a better rate of return and has rapid growth potential.
This is a principal takeaway from the 2023 MSME Survey...
Mrs. Aya Ayettey, Head-Production Assurance & Customer Care, Stanbic Bank Ghana, has entreated young ladies studying Science, Technology, Engineering and Mathematics (STEM) related courses and aspiring to go into STEM careers to always stay true to their goals in order to surmount the numerous challenges they may face in...
The foundation of financial success for businesses
Bookkeeping and record-keeping are the unsung heroes of financial management for businesses. Whether you're running a small start-up or managing a larger enterprise, mastering the basics of maintaining accurate financial records, tracking transactions and organising financial documents is essential for tax compliance,...