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    Citi Business Festival: 8 pillars of digital economy by TechGulf’s CEO

    Citi Business Festival enters week one; focuses on Digital Economy

    Re-establishing national airline critical to reducing forex loss – Former Civil Aviation Boss

    Ghana’s unsustainable debt largely attributed to Energy Sector – World Bank Rep

    Ken Ofori-Atta, Ministry of Finance for Ghana, gives an interview during day 3 of the AfDB Annual Meetings on 13 June 2019 in Malabo, Equatorial Guinea. (Photo by Malick Silue)

    We’ll be swift with Ghana’s economic recovery – Ofori-Atta

    Ghana and Côte d’Ivoire partner to tackle cocoa smuggling

    Pay us by borrowing from treasury bill market- Pensioner bondholders reiterate calls to govt

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    Ghana and Côte d’Ivoire partner to tackle cocoa smuggling

    Mobile money disrupted banking in Ghana – Zeepay CEO

    Ghana’s oil reserve recording steady growth – GNPC CEO

    Fuel pricing: COPEC predicts marginal drop in first window of June 2023

    ACEP pushes for research in Africa’s energy sector

    African leaders urged to employ energy policies that will transform Africa

    COVID -19 levy must be abolished – Importers & Exporters insist

    Halt implementation of utility tariffs increment- FABAG tells govt

    Govt maintains COVID-19 levy despite calls for removal

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    Citi Business Festival: 8 pillars of digital economy by TechGulf’s CEO

    Cyber Security Authority mandate critical to country’s development – Joseph Cudjoe

    MTN shareholders given choice to convert dividend or take cash

    Ghana gets $300 million from US to build first-of-its-kind data center

    Telcoms industry players urged to partner government to promote clean energy transition

    Dominion University To Partner With USA Organisations To Set Up Centre Of Excellence For Artificial Intelligence

    Cyber Security Authority commences licensing and accreditation regime

    Twitter is reportedly planning to charge businesses $1,000 per month to keep gold verified checks

    Ghana withdraws $672m back-tax demand from MTN Group

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    Mining propels Ghana to beat growth estimates in fourth quarter

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    Foreign exchange: Several African countries have a shortage of US dollars – why this happens and how to fix it

    Ghana and South Africa urged to leverage on AfCFTA to boost bi – lateral relations

    Silicon Valley Bank crisis: What led to stock crash, what lies ahead?

    Medical devices market projected to expand by $ 7.1 billion by close of year

    African Union adopts Africa Prosperity Dialogues AfCFTA action plan

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#CitiBizFestival: Review Business Models to meet changing trends – ABSA Dir. urges SMEs

byPius Amihere Eduku
June 2, 2020
in Business, Top Stories
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The Director of Business Banking at Absa Bank Ghana, Grace Anim-Yeboah, has advised businesses to regularly review their models to meet the changing trends.

The disruption of most activities by the novel coronavirus pandemic globally, has caused some businesses to overhaul their operations altogether, while others have been compelled to fold up.

Nonetheless, new opportunities have been created for other businesses.

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In order for thriving businesses to be sustainable in the long-term, Grace Anim-Yeboah says businesses will require constant adjustments.

She spoke on the second day of the on-air series of the Citi Business Festival which looked at how to keep your business alive during crisis.

“So basically pivoting what it means is taking a look at your game plan. When we started January there were snippets of COVID around, but nobody knew it would come to this proportion. After all SARS has come and gone, so nobody knew it would come to this point where quite a number of countries have gone into various versions of lock-down, to a point where there was panic buying because you didn’t know what’s going to happen next and whether you would have enough stock to feed your household,” she said.

“Now in a time like this, it’s important that you look at your business model and it’s important that you assess whether you can continue to operate in the same model you have been operating. You may be delivering a critical service, but can you continue to deliver that service in that same mode,” she quizzed.

She also urged businesses to scan for opportunities that will most likely push them through the crisis and also leave them stronger in the post-covid era.

This year’s edition of the Citi Business Festival is sponsored by Absa Bank and supported by GIPC. It is also powered by your most comprehensive business news website; citibusinessnews.com.

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Citi Business Festival enters week one; focuses on Digital Economy

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