Supporting women-owned businesses is not merely a sentimental decision but makes financial sense, with data from the Africa Guarantee Fund (AGF) suggesting women-owned businesses which had received support from the Fund are less likely to default. Their non-performing loan (NPL) ratio currently stand between 1 and 1.5 percent. This is...
Minister for Railways Development, John-Peter Amewu, has revealed that the inability of government and its partners to implement the Accra Skytrain Project is due to travel restrictions during the COVID-19 pandemic. According to the minister, following pre-feasibility studies the parties were set to undertake a 9-month long feasibility studies to...
There are countless social media users competing for followers as they build brands, blogs, and businesses. Yet sometimes people sabotage themselves by focusing on too many things to capture followers rather than emphasize the heart of what they stand for. This is where minimalism plays a crucial role is social media. Many...
The Director-General of SSNIT, Dr. John Ofori-Tenkorang, has been adjudged 2nd-Best Chief Executive Officer of State-Owned Enterprises for 2021. This was during a survey conducted by FAKS Investigative Services between October and December 2021. The survey is the 10th edition in the series carried out by the investigative body. In total,...
This year's Independence Day celebration will be held in Ho, the Volta Regional capital. This is in line with President Nana Addo Dankwa Akufo-Addo's vision of regional rotation in celebration of the event, which hitherto had been centred in Accra. This year celebration is expected to sell the Volta...
…requires a minimum of US$102m more to meet its mandate The Venture Capital Trust Fund (VCTF) has received US$70million in funding since its founding in 2006 - leaving a US$102million funding deficit in the aim to fulfil its objective of providing financing to the Small and Medium Enterprises (SMEs) sector. Prior...
The Aspen Network of Development Entrepreneurs (ANDE) has revealed that it is working with international financial institutions to address the over US$1billion funding gap in the Small and Growing Businesses (SGB) space across the continent. Although SGBs constitute about 90 percent of the continent’s gross domestic product (GDP), they face...
Finance Minister, Dr. Mohammed Amin Adam has tasked the Ghana Revenue Authority (GRA), to have a renewed focus on staff welfare as a catalyst for boosting revenue collection efforts nationwide. He gave the charge during an engagement with officials of the Customs Division of the GRA at the Aflao border...
Government has hinted that it is open to partnerships to revive the fortunes of the ailing Tema Oil Refinery (TOR). According to the Minister of Energy, Dr. Matthew Opoku Prempeh, the nation’s only oil refinery will not be allowed to go down under any circumstances, as it not only plays...
Labour-management negotiation involves a strategic conversation between a labour union and an employer on an issue in order to reach an agreed and sustainable outcome that is a gain for both parties.  Section 96 of the Labour Act, 2003 (Act 651), requires terms and conditions of employment of workers...