It is allegedly reported that the Founder and CEO of “Dash” – a Fintech Start-up has been suspended pending an investigation into the operations of the company for financial impropriety. This is a Ghanaian-founded company that raised $32.8 million in equity last year and provides an alternative payment network...
Government has since 2017 invested over GH¢2billion in the Small and Medium Enterprises (SMEs) space, Chief Executive Officer (CEO) of the Ghana Enterprises Agency (GEA), Kosi Yankey-Ayeh, has said. She said the investment seeks to revive the country’s SME sector as part of plans to transform the economy from import and...
Five (5) practical strategies for small businesses to boost sales. Mirror mirror on the wall, how do I increase sales this Valentine’s season? If given the opportunity, many small business entrepreneurs would love to ask their fairy godmothers and fathers this question. Allow me to be your fairy godfather...
…for Its 2022-2023 AgriTech Challenge Pro Startup Businesses The Kosmos Innovation Centre (KIC), funded by Mastercard Foundation and Kosmos Energy, has organised the first pitch session for 30 startup businesses working toward their business refinement for the market. The pitch session held last week saw great businesses across the agricultural...
Nana Akwesi Bonsu, a business consultant, has challenged entrepreneurs in the country to keep themselves from endeavours which are no longer relevant in today’s dynamic world. Rather, Mr. Bonsu - who is the Chief Executive Officer (CEO) of My Story Magazine - said entrepreneurs must be adaptable, with the ability...
…the story of Awakn Beauty Africa While many of us frequently find it difficult to perceive the positive aspects of challenges, the few that do often benefit from them. One of those people is an enthused entrepreneur, Janet Nyarko, who out of a bad experience trying to get the right...
“Money is the oxygen of life” – and rightly so for business enterprises too. An entrepreneur’s long, painstaking yet exciting quest to convert an idea into a product or service and a thriving business requires money. Money in the form of equity or debt has proven to be an...
but lack of finance, expertise et al threaten sustainability Despite accounting for 85 percent of employment in the manufacturing sector, Micro-, Small- and Medium Enterprises (MSMEs) continue to face a myriad of challenges, says the Ghana Enterprise Agency (GEA). The MSME space, it lamented, is constrained by lack of finance,...
…The story behind Somuyie Enterprise In every sphere of life, giving up in challenging situations is always tempting but just as American writer, Elbert Hubbard remarked,“a little more persistence, a little more effort, and what seemed hopeless or failure may turn into a glorious success.” This expression perfectly describes...
Small businesses are currently experiencing low sales, cash flow problems, employment freezes and sometimes, redundancies. Starting a small business is hard work in any environment, but it's even more challenging in a tough economy. This is due to the high cost of living, high interest rates and even the ability...