By Rashidatu IBRAHIM
The German Development Cooperation and International Labour Organisation (ILO) have signed a joint work plan to tackle underemployment, high youth unemployment and address bottlenecks in Ghana's informal sector.
The cooperation, according to Wilhelm Hugo, Coordinator-Sustainable Economic
Development Cluster at the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), aims to better...
Absa Ghana’s Head of SME, Agency Banking, and Partnerships, Audrey Abakah, has called on women to share ideas, connect with one another, and forge the right partnerships to build sustainable businesses across the continent. She made these remarks during the Absa Inspire Me Conference 2024 held in Nairobi, Kenya.
In...
Understanding the burn rate is crucial in the fast-paced world of startups, where every cedi matters. This metric measures how quickly a company spends its cash, serving as a financial fuel gauge for a young business.
Burn rate refers to the speed at which a company spends its cash reserves...
The main auditorium and upper quarters of the Great Hall of Kwame Nkrumah University of Science and Technology (KNUST) were flooded with tertiary education students from across Ghana as they gathered for the first edition of the ‘Entrepreneur in You’ campus tour organised by Maxwell Investments Groups (MIG).
‘Entrepreneur in...
By Emmanuel AKOMEA
Chief Director at the Ministry of Trade and Industry (MoTI), Patrick Yaw Nimo, has emphasised the critical importance of strategic interventions to enhance the smooth and competitive operation of small and medium enterprises (SMEs).
In a speech read on his behalf by the senior commercial officer at MoTI,...
By Isaac FRIMPONG (Ph.D.)
Micro, small, and medium-sized enterprises (MSMEs) are often regarded as the engines of economic growth worldwide. According to the United Nations report for 2023, MSMEs constitute more than 90 percent of all businesses and provide over two-thirds of the workforce. In Ghana, their visibility and influence...
Evidence continues to mount that micro, small, and medium enterprises (MSMEs) represent the lifeblood of Ghana's economy. This view has been re-echoed not only by international organizations such as the World Bank and International Trade Centre but backed by studies conducted by local research institutions such as the University...
IEA survey reveals
says Greater Accra worst hit
By Buertey Francis BORYOR
A survey by the Institute of Economic Affairs (IEA) in 2024 revealed that persistent power outages (dumsor) has had a considerably detrimental impact on both commercial and domestic consumers of electricity.
According to the survey, around 70.7...
Development Bank Ghana (DBG) has gone into partnership with Sinapi Aba to give businesses which are led by women a boost.
Christened “LeapHer”, 2500 women will benefit from the lending initiative, which aims to empower women who are into business and thereby enhancing financial inclusion.
The collaboration between the two entities,...
In our competitive business world, maximising customer value and increasing revenue are constant goals. Cross-selling emerges as a powerful strategy in this context.
Cross-selling is the art of promoting additional products or services to existing customers that complement or are related to their initial purchase. Think of it as suggesting...