Vice President Dr. Mahamudu Bawumia has declared that government will soon start allocating GH¢100million to support young entrepreneurs and businesses through the YouStart Jobs and Skills project.
Dr. Bawumia made this announcement at the grant agreement signing ceremony at YouStart Grant Expo2023 - and asserted that government is actively engaged...
The ability to harness technology will remain a key driver of individual, business and societal transformation for years to come, the United States (US) Ambassador to Ghana, Virginia Palmer, has emphasised.
She highlighted that digital innovation has and will continue to play an important role in improving Ghana’s fiscal governance...
The African Guarantee Fund (AGF) is set to unveil a tailored guarantee product designed to alleviate the challenge of high-interest rates faced by Small and Medium-sized Enterprises (SMEs) in Ghana.
This move comes amid persistently exorbitant interest rates hindering the growth potential of these businesses.
During an exclusive interview with B&FT...
Micro, small, and medium business enterprises (MSMEs) play a vital role in the global economy, contributing significantly to job creation and economic growth. However, they often face challenges in competing with larger enterprises due to limited resources and capabilities. One way for MSMEs to overcome these challenges is through...
…as they advocate deliberate support
A breakfast meeting that hosted numerous top chief executive officers (CEOs) and business leaders has successfully ended with participants advocating support for small and medium-sized enterprises, in a bid to fully unlock the sector’s untapped potential and spur the ongoing economic recovery process.
More importantly, they...
In the landscape of Ghana's economy, Small and Medium-sized Enterprises (SMEs) are pivotal. As we approach the last quarter of the year, these enterprises stand at a critical juncture, poised to leverage the promises of the 2024 budget for sustainable growth and profitability.
Harnessing Government Initiatives
The 2024 budget, with its...
Fidelity Bank Ghana, the largest privately-owned financial institution in the nation, and the Food and Drugs Authority (FDA) have formalised their dedication to promoting a collaborative environment conducive to the growth and regulatory compliance of small- and medium-sized enterprises (SMEs). They achieved this by signing a Memorandum of Understanding...
…as they do not foresee positive impacts
As the finance minister Ken Ofori-Atta readies to present the 2024 Budget Statement and Economic Policy of the government today, November 15, 2023, the general mood of small businesses and young entrepreneurs is that of hopelessness.
One would have expected that businesses will be...
Experts have iterated the need for entrepreneurs especially those in the micro, small, and medium-sized enterprises landscape to formalise their businesses to enhance access to funding opportunities.
Chief Executive Officer of Innohub, Nelson Amo, said entrepreneurs must prioritise proper documentation and prove financial viability as it is one of the...
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...