The COVID-19 pandemic has brought about or created a lot of uncertainty, which is making it difficult for businesses to predict the future in terms of their business operations. With a lot of lockdown restriction imposed by government(s) and closure of non-essential businesses, business executives are worried about their...
Key findings of Ghana PMI New orders rise, but companies continue to lower activity Employment scaled back again, but at a reduced pace Purchase costs increase at the fastest rate since January Business conditions in Ghana's private sector were broadly stable again in July, mirroring the picture seen in June,...
Entrepreneurs always look for opportunities, in both good and bad times. Even in times of a national tragedy, business ideas can come out. And that is how one young entrepreneur, Sena-Emefa - who talked to the B&FT’s Inspiring Startups - conceived her business idea. After the sad incident of the...
The shock caused by the COVID-19 pandemic has had considerable impacts on Ghanaian businesses, forcing many firms to cut costs by reducing staff hours, cutting wages, and in some cases laying off workers. This is according to results from a new COVID-19 Business Tracker Survey conducted by the Ghana Statistical...
As women in hairnets and anti-coronavirus masks sort through folded nappies coming off a conveyor belt, the head of the Nigerian firm they work for wonders how much longer he can afford to keep them in employment. Around 80% of the materials that go into Lagos-based diaper and sanitary towel...
The National Board for Small Scale Industries (NBSSI) has said that over 20,000 applicants who were supposed to benefit from the stimulus package under the Coronavirus Alleviation Programme (CAP) business support scheme were unable to receive their funds, due to their Mobile Money (MoMo) accounts facing some technical disparities. According...
Misheck Mutize IMF managing director Kristalina Georgieva and World Bank group president David Malpass have offered debt relief to developing countries. A debt service relief package has been approved by some of the world’s biggest lenders for more than 25 African countries. The arrangement includes the World Bank, the International...
The National Board for Small Scale Industries (NBSSI) and Mastercard Foundation have initiated a programme dubbed Young Africa Works to create some 39,000 jobs for the youth through entrepreneurship. The three-year programme is an entrepreneurship development and employment programme targeted at young people, particularly young women, in Ghana. The project...
Civil Society Organizations (CSOs) have called on government and all political parties to help empower the local seed industry by providing an enabling environment and logistical support to ensure that Ghana is seed sufficient. The CSOs believe that government and political parties can, through their manifestos and policies, safeguard input...
The online shopping basket has increased tremendously since the break out of COVID -19 and its restrictive protocols. Many people now seeing the constraints on time and movement especially have resulted in online channels to get whatever they need. In doing so, demands online for new categories of products...