Author: Benjamin Aklama
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Ghana lost about GH¢200 million in sales in 2020 due to COVID-19 – Study
Ghana recorded about GH¢200 million dip in sales, representing 61 percent from May to September 2020 as a result of COVID-19, a joint study conducted by the UNDP, World Bank and Ghana Statistical Service and a business tracker study has revealed. Professor Kwesi Amponsah-Tawiah, from the University of Ghana Business School, made this known, during the…
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Volta Fair 2021: Don’t look for money to start businesses, look for customers – Investment Banker to startups
Chief Executive Officer (CEO) of DCI Microfinance, Mr Selassie Woanya has urged young entrepreneurs not to concentrate on money but to focus on customers to enable their businesses to flourish. He said customers could assist business owners in enhancing the growth of their businesses and offer them opportunities. Mr Woanya, speaking at the Young Entrepreneurs…
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Volta Fair 2021: Senyo Hosi urges youth to consider venturing into agro processing
Chief Executive Officer of the Ghana Chamber of Bulk Oil Distributors Senyo Hosi has urged the youth of the Volta Region to consider investing in other parts of the agricultural value-chain instead of just focusing on traditional farming. According to the businessman, who is also the founder of an indigenous agric social business in the…
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Most MSMEs unwilling to pay more taxes even for better government services – CDD report
The majority of Medium, Small and Micro Enterprise (MSME) owners in Ghana are unwilling to pay more taxes even if it means benefiting from more improved government services. This is according to the report of a survey conducted by the Ghana Center for Democratic Development (CDD-Ghana). The report titled ‘Access to Justice and Public Services,…
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We only suspended operationalization of toll collection, not the law – Roads Ministry
The Roads and Highways Ministry has clarified that the recent directive by the sector minister for the cessation of the collection of tolls on public roads was not to set aside the laws for toll collection. According to the Ministry, the directive was to the effect of stopping the operational duties of toll collection due…
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Ghana to receive 20% equity share for refining gold locally
Accra, Nov.10, GNA – Ghana will receive a 20 per cent free equity share for gold refined locally when Royal Gold Ghana Limited begins operation this year. Currently, all the gold produced by mining companies in the country are refined outside, therefore, the government gains nothing from gold refined abroad. In that vein, the government…
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Real Estate Development 101; Benefits of a Single Storey Home
Abraham Maslow’s theory of needs considers a home/shelter as a basic need that is fundamental to man’s survival. Even if one has a place to put his or her head to sleep after a hard day’s work, one still dreams of owning a house at some point in his/her life when all is said and…
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Formulate policies to shape Ghana’s shipping and maritime industry – GSC charges government
The Ghana Chamber of Shipping has urged the government to formulate policies and initiate shipping and maritime policies that will move Ghana forward. Mr Stanley Raja Korshie Ahorlu, an Executive Council Member of the Chamber interacting with the media said there was the need for Ghana to have concrete policies that would put Ghana in…
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Ofosu Adjare prays Parliament to push government to expand cashew development
From poor pricing, waste of cashew fruits, lack of regional offices for the cashew industry, a legislator, Mrs Elizabeth Ofosu Adjare, is calling on the Parliament of Ghana to urge the Government to do more to develop the crop and allied industries. Detailing data on the performance of the crop, Mrs Ofosu Adjare, who represents…
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Failing to digitize our economy will have far-reaching consequences – Bawumia
Vice President, Dr. Mahamudu Bawumia has justified the government’s unending focus on the digitalization of the Ghanaian economy saying the benefits of such an agenda are in the interest of the country. According to him, the previous systems of going about business transactions without technology have been disadvantageous. Speaking at a public lecture themed “Transforming…