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    6th Ghana CEO Summit to focus on digital leadership for the digital economy

    Ghana Life Insurance Ltd accused of employing delay tactics in payment of claims

    BoG urged African DFIs to enhance credit rating positions to boost investment

    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

    Gold exports push Ghana’s trade surplus to $1.3 billion in April

    Value of MoMo transactions decrease by 3% between March and April 2022

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    Monetary Policy Rate increased again by 200 basis points; now at 19%

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    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

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    Standard of cars assembled in Ghana will not be compromised – GSA assures

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    6th Ghana CEO Summit to focus on digital leadership for the digital economy

    We want Ghanaians to own 30% of MTN Ghana shares by end of 2022 – GROUP CEO

    Ghana’s 2022 economic outlook to remain positive; GDP projected to grow by 5.3% – AfDB report

    African governments tasked to look within the continent in their bid for transformation

    COCOBOD closes purchases for 2021/2022 main crop cocoa season

    Ghana Life Insurance Ltd accused of employing delay tactics in payment of claims

    BoG urged African DFIs to enhance credit rating positions to boost investment

    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

    Gold exports push Ghana’s trade surplus to $1.3 billion in April

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    6th Ghana CEO Summit to focus on digital leadership for the digital economy

    Ghana Life Insurance Ltd accused of employing delay tactics in payment of claims

    BoG urged African DFIs to enhance credit rating positions to boost investment

    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

    Gold exports push Ghana’s trade surplus to $1.3 billion in April

    Value of MoMo transactions decrease by 3% between March and April 2022

    Inflation rate likely to drop to single digits in 2023 – Dr. Ernest Addison

    Monetary Policy Rate increased again by 200 basis points; now at 19%

    Government partners private companies to mine abandoned iron ore in Oti Region

  • TECHNOLOGY

    Government to invest heavily in internet safety – Ursula pledges

    Ho Node Hub rebrands as Node Eight

    Elon Musk strikes deal to buy Twitter for $44bn

    Block chain’s success will depend on supportive policy environment – Prof. Quaynor

    1.5% E-Levy rate will negatively impact GH¢6.9 billion target – Prof. Quartey

    Transactions to be affected by E-levy

    Bethniel Finance emerges winner in Innovation Challenge Program

    Taxing of non-resident e-commerce entities in Ghana could push prices up – Technology Consultant

    BoG cautions against fraudulent money-doubling scheme ‘BitCash Currency Exchange’

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    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

    Take control of financing on the continent – Ofori-Atta to AfDB

    We’ll avert any looming food crisis with effective planning – AfDB Boss

    Standard of cars assembled in Ghana will not be compromised – GSA assures

    GUTA urges gov’t to get other countries to open their borders to facilitate trade

    Kyle Kelhofer appointed as IFC Senior Country Manager for Benin, Ghana, Liberia, Sierra Leone, and Togo

    Greater, more diverse participation in global trade is key to achieving Africa’s economic transformation – World Bank

    Seth Terkper advises against e-levy; urges government to run to IMF

    AfCFTA members conclude negotiations on rules of origin to enhance free trade

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Business strategist proposes mergers for SMEs

bycitibusinessnews
October 13, 2016
in Local Economy, Top Stories
Business Strategist, Caleb Ayiku

Business Strategist, Caleb Ayiku

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The Chief Executive Officer of Breakthrough Consult, Caleb Ayiku has advised Small and Medium scale Enterprises (SME’s), to merge with already established businesses to promote their businesses and expand their capital.

According to him, most SME operators tend to rely solely on their profits which is not enough to push their businesses, forcing the sudden closure of such enterprises even before they are fully established.

Speaking to Citi Business News at the sidelines of the launch of the third SME Summit in Accra, the Business Strategist said SME’s must learn to rely on bigger companies to excel in the business realm.

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“One of the ways in which all businesses can develop and grow in terms of capital is to go into partnerships and the platforms that we are creating actually encourages these partnerships. As such, when people attend these engagements, we encourage them to look out for someone who is doing something similar and see how you can partner with the person,”

“Sometimes people don’t feel safe when you talk about partnerships but get into a kind of alliance with somebody else and that skill is what ultimately ensures you more profit moving ahead,” Mr. Ayiku added.

About Vodafone African SME summit

This year’s Vodafone African SME summit is under the theme, “Entrepreneurship Becoming a Ready business”.

The summit aims at enhancing the business opportunities of small and medium enterprise owners.

The summit will take place from 13th -14th of October at the College of Physicians and Surgeons in Accra and will focus on various keys to make a successful business operator.

–

By: Jessica Ayorkor Aryee/citibusinessnews.com/Ghana

 

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