Tag: Citi Business Festival
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#CitiBusinessFestival: Virtual forum on agribusiness comes off today
The third edition of the 2021 Citi Business Festival’s virtual fora comes off today, June 15, 2021. The discussion will border on the theme, ‘Feeding Ghana with a sound import substitution strategy’, and will be live on Citi TV and on the station’s social media platforms. The forum, scheduled to start from 11:00 am to…
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#CitiBusinessFestival: Don’t be absentee farmers – Prof. Sottie cautions agribusiness entrepreneurs
Prospective agribusiness investors in Ghana have been cautioned against deferring the management and supervision of their farms completely to local farmers without frequenting the farms themselves. According to Professor Edmund Sottie, a Principal Research Scientist at the Animal Research Institute of the Centre for Scientific and Industrial Research (CSIR), there is a greater risk of…
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Post COVID-19 economic recovery: Stakeholders optimistic about MSME sector
As things begin to return to normal a year after the outbreak of the COVID-19 pandemic, stakeholders are hopeful of a quick and strong recovery in the various sectors of the economy. Micro, Small and M-sized Enterprises (MSMEs) in Ghana face higher credit constraints as banks lend to a limited number of firms and prioritize…
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Absa Bank offers collateral-free loans to credible MSMEs – Grace Anim-Yeboah
In a bid to see Micro Small and Medium Enterprises (MSMEs) thrive, ABSA Bank Ghana has been offering loans as high as GHS 500,000 to start-ups without taking any form of collateral. The Director of Business Banking at Absa Bank Ghana, Grace Anim-Yeboah, disclosed this on the on-air series of the Citi Business Festival on…
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Prof. Dodoo calls for dialogue on financial barriers stifling growth of MSMEs
The Chief Executive Officer (CEO) of the Ghana Standards Authority (GSA), Prof. Alex Dodoo believes Micro, Small and Medium Enterprises (MSMEs) will thrive and compete favourably on the market if financial barriers hindering them from having access to specific resources are removed. Citing an example to support his claim, Prof. Dodoo said some unfavourable policies…
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#CitiBusinessFestival panelists outline strategies for ‘Doing Business in Ghana as an MSME’
Five speakers billed for the 2nd edition of the 2021 Citi Business Festival’s virtual forum gave varied opinions on effective ways of doing business in Ghana as a Micro Small and Medium Enterprise (MSME). Citi News’ Vivian Kai Lokko hosted the show which was live on Citi TV, and was also streamed on social media…
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Registrar General to delete names of companies that fail to file returns by June 30
The Registrar-General, Jemima Oware, says companies that fail to file their returns by the end of June 2021, risk having their names struck out of the list of businesses in Ghana. She said about 200,000 companies have since 2011 failed to file their annual returns and financial statements despite several notices and reminders. Speaking on…
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#CitiBusinessFestival: MSMEs exempted from taxes must still file returns – Ali-Nakyea
A Senior Lecturer at the University of Ghana Law School, Dr. Abdallah Ali-Nakyea, has advised Micro Small and Medium Enterprises (MSMEs) to file annual returns on their income to the Registrar General’s Department even when exempted from paying taxes. MSMEs are required to pay taxes to facilitate development initiatives, but young entrepreneurs [less than 35…
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#CitiBusinessFestival: Build capacity to attract credit – Grace Anim-Yeboah urges MSMEs
The Director of Business Banking at Absa Bank Ghana, Grace Anim-Yeboah, has urged entrepreneurs who intend to secure credit facilities to start or expand their businesses to build capacity first. Speaking on the theme, ‘Doing business in Ghana as an MSME‘ on Citi TV, as part of this year’s virtual fora of the Citi Business…
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#CitiBusinessFestival: Ghanaian businesses need better incentives than protection – Yofi Grant
The Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), Mr. Yofi Grant, says Ghanaian businesses are better off with government incentives aimed at fostering their growth rather than being protected from foreign competition. Speaking during week 2 of the Citi Business Festival on the theme, ‘Doing business in Ghana as a Micro Small…