… A roadmap for SME success
Financial ratios are essential tools for small and medium-sized enterprises (SMEs) to assess their financial health, identify trends, and make informed strategic decisions. By calculating and interpreting key financial ratios, SMEs can gain valuable insights into their performance and take proactive steps to achieve...
The European Union, together with GIZ, has hosted a Regional Network Conference as part of efforts to create a forum for knowledge-sharing and bridge the gap between supply and demand needs of micro, small and medium enterprises (MSMEs).
It aims to generate employment and create an enabling environment for businesses...
The West African Regional Director of CUTS International, Appiah Kusi Adomako has called on government to support Ghanaian Medium Small-Scale Enterprises (MSMEs) to position them to take advantage of the Guided Trade Initiative under the AfCFTA.
Addressing stakeholders and the media at a Public Private Dialogue (PPD) organized by CUTS...
Introduction:
In recent years, Ghana's economic landscape has presented numerous challenges for MSMEs, including limited access to capital, market fluctuations, and infrastructural constraints. The integration of virtual and digital technologies has emerged as a critical tool for overcoming these hurdles, promoting efficiency, and ensuring sustainability.
This article explores the integration of...
…Navigating business financing for success
Debt management is a pivotal component of financial health for businesses. It involves a comprehensive understanding of various types of business financing, their advantages and disadvantages, and the effective management of debt, encompassing loans and credit lines. In this article, we will delve into the...
A close-out and award ceremony of the GrEEn Incubation Programme by the EU-funded GrEEn Project has been held in the Western Region to recognise the work of all implementing partners as well as innovative green small and medium enterprises (SMEs).
Awards were presented to some SMEs, with the Overall Best...
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...