Mark Badu-Aboagye, CEO of the Ghana National Chamber of Commerce and Industry (GNCCI), has noted that anxiety is high in the SME sector due to the COVID-19 pandemic.
He made the disclosure at the B&FT’s online forum, ‘Ghana’s Most Respected CEOs’, held late last week. The anxiety, he noted, is...
Bank of Ghana Governor, Ernest Kwamina Addison, has cause to worry about the country’s ballooning budget deficit. He expressed the opinion that Ghana needs to raise more domestic revenue to tackle a ballooning budget deficit that could exceed 7% of GDP this year, as growth shrivels due to the...
Cultivation of poor planting materials and wrong cultural farming practices have been identified as major challenges accounting for low cashew productivity among local farmers.
In recent times, cashew has been identified as a new ‘gold’ for farmers, especially among those in the savannah-transition zone. It has triggered massive cultivation across...
A new indigenous ride hailing transport service, CediCab, has been launched in Accra, with a commitment to disrupt Ghana’s transport sector, especially the app taxi charter industry in Ghana and in Africa.
Managers of the new service say they are poised to exceed customer expectations by providing exceptional services to...
The International Chamber of Commerce (ICC) has for the first time in its 100 years of existence elected a Black female as a member of its Executive Board - and she is a Ghanaian technology executive, recognized internationally for her expertise in trade facilitation and process automation.
The new member,...
The National Board for Small Scale Industries (NBSSI) says one of the challenges it has faced since commencing distribution of the stimulus package under the Coronavirus Alleviation Programme (CAP) business support scheme is complaints of funds’ shortfalls.
According to the NBSSI, a quick investigation into the complaints revealed that the...
MTN Ghana has dragged the National Communication Authority to court over the decision to declare MTN as a Dominant/Significant Market Power (SMP), a move that essentially calls for special regulatory restrictions to limit the company’s growth, performance, innovativeness and its competitiveness in the telecoms market.
According to MTN, even though...
Ghana supplies 70% of all cocoa beans imported into Japan and cocoa is seen as one of the nation’s most essential import commodities
Ghana Cocoa Board (COCOBOD) and lenders have welcomed the first disbursement of US$200million from a syndicated loan facility to boost cocoa productivity in the world’s second-largest producer.
The...
It was all going well until…. Yes, many individuals, businesses and other organisations could identify with those words in the past few months. For businesses especially, this year looked very promising because of the upcoming general election in December - which would have increased government’s spending across all sectors.
But,...
Head of Consulting at Deloitte Ghana, Roland Teye, has advised business owners to use available and reliable data when taking decisions to keep their firms operational amid COVID-19 disruption.
According to him, this is the surest way to make informed decision that will not hurt the survival of companies. He...