In Africa, we say wisdom is wealth. This holds so true to the notion that very often small businesses don’t need money, but rather knowledge on how to grow their businesses in a number of ways, with access to funds being only one of the components of success, and not the only one. In many … Read more
In Africa, we say wisdom is wealth. This holds so true to the notion that very often small businesses don’t need money, but rather knowledge on how to grow their businesses in a number of ways, with access to funds being only one of the components of success, and not the only one. In many … Read more
About 22 Small and Medium Enterprises (SMEs) in the print industry have received training in new imaging technologies and software. The 10-day capacity building training, which was held between July and November this year, was organized by Canon Central and North Africa, a global leader in imaging solutions, in partnership with Invest In Africa (IIA) … Read more
The Country Manager of Invest In Africa(IIA), Sam Brandful, has stressed the need for Ghanaian Small and Medium Enterprises (SMEs) to be tax compliant in order to secure partnerships with multinational companies. He attributes the relative low levels of partnerships among local and foreign businesses to the instances of tax defaults. Already, the Ghana Revenue … Read more
As Ghana prepares to launch the Ghana EXIM Bank next week, the Chief Executive Officer of the bank, Dr. Barfour Osei has refuted claims that the bank will compete with commercial banks in providing funds for Small and Medium Enterprises(SMEs). According to him, the EXIM Bank will rather provide soft loans for commercial banks in … Read more
As Ghana prepares to launch the Ghana EXIM Bank next week, the Chief Executive Officer of the bank, Dr. Barfuor Osei has refuted claims that the bank will compete with commercial banks in providing funds for Small and Medium Enterprises(SMEs). According to him, the EXIM Bank will rather provide soft loans for commercial banks in … Read more
THE GCB Bank Limited has set a credit of GH¢100,000 with no collateral for Small and Medium Enterprises(SMEs) to enable them to turn their businesses around. The package is under the GCB SME Loan Suite Scheme focused on growing SMEs into home-grown multinationals. Other facilities in the suite are bridge loan for all businesses requiring … Read more
A Commissioner of the Securities and Exchange Commission (SEC), Dr Charles Asembri, has said small businesses have failed to take advantage of the Ghana Alternative Market (GAX) because they do not have adequate information on it. He explained that intensifying education on the benefits of listing on the GAX by the Ghana Stock Exchange (GSE) … Read more
The viability and growth of Small and Medium Enterprises (SMEs) in Ghana has been given a boost with the launch of the first UMB Centre for Businesses in Kumasi. Located on the Ashanti New Town road in Ashtown, this innovative Centre will set a new standard in the delivery of SME banking services and enhance … Read more
The viability and growth of Small and Medium Enterprises (SMEs) in Ghana has been given a boost with the launch of the first UMB Centre for Businesses in Kumasi. Located on the Ashanti New Town road in Ashtown, this innovative Centre will set a new standard in the delivery of SME banking services and enhance … Read more
Driven by its passion to empower Small and Medium Enterprises (SMEs) in Ghana, events and marketing communications firm, Creative Trends, is holding the third Vodafone African SME Summit in Accra. With Vodafone as the headline sponsor, the two-day event scheduled for 13th and 14th October on the theme: “Entrepreneurship- Being a Ready Business,” will provide … Read more
Tigo Business, the enterprise arm of Tigo, offering world-class Information and Communications Technology solutions for corporates and SMEs has partnered with Microsoft, Lenovo and IT Worx to support small to medium businesses in Ghana with relevant connectivity to maximize their operations and boost productivity through an initiative called the Tigo Business SME Empowerment Roadshow. The … Read more
A strong Small and Medium Enterprises (SMEs) sector is important for the growth of every economy, advanced or developing. In Ghana, more than 84 percent of all registered businesses fall in this category with a similar proportion of the industrial sector making it into the category. The sector is essential for several reasons including creating … Read more
If Small and Medium-sized Enterprises (SMEs) want banks to trust them with people’s monies, they must formalise their operations and put the necessary structures in place, Alhassan Andani, Managing Director of Stanbic Bank Ghana, has said. Speaking to the media at the Ghana Association of Bankers (GAB) Annual General Meeting (AGM), Alhassan Andani, who is … Read more
With the Nigerian economy in recession, support for Small & Medium Businesses could be one of the key ingredients to carrying the country through these tough times. Assisting them should become a priority for big business and government. That’s according to Magnus Nmonwu (https://twitter.com/MNmonwu), Regional Director for Sage in West Africa (http://www. Sage.com/Africa), who says … Read more
The acting Country Director of Technoserve, Mr Samuel Baba Adongo, has appealed to the government to establish a fund that would serve as a backbone to enhance the development of the small and medium-scale enterprise (SME) sector. It will support the youth financially to begin their own businesses in order to reduce unemployment in the … Read more
It is no longer news that Mark Zuckerberg, the 32 year-old founder of Facebook is in Africa. His first stop was Nigeria; the Africa’s most populated black nation and now second biggest economy in Africa after South Africa – where he interacted with Nigerian technology startups and the Small and Medium Enterprises (SMEs), and pledged … Read more
The Enhancing Growth in New Enterprises (ENGINE) Programme has organised an Investment Dialogue for entrepreneurs in the Northern Region to facilitate the access to a cheaper source of funding for their businesses. The programme, organised in collaboration with the Ghana Stock Exchange (GSE), was held in Tamale on the theme: “Raising Capital on the Ghana … Read more