Daily Archives: November 3, 2017
World Bank Doing Business report on Nigeria fantastic, & is proof that Buhari administration’s reforms are working, says Osinbajo
FinTech is accelerating the digital transformation of banking in Africa say more than 200 international experts gathered at the Finnovation Ethiopia event – but highlight that collaboration is the way forward
According to Bloomberg, eight (8) out of ten (10) small businesses fail within the first eighteen (18) months of operation. As surprising as this may seem, the figures may even rise in the next decade as millennials keep launching ideas and businesses. Working with over 200 Micro, Small, and Medium Enterprises in an emerging economy, Challenges Ghana – through its business support services programme, International Citizen Service – has noticed that a clear trend which inhibits business growth is Leadership and Management – as opposed to lack of capital. Deficiencies in leadership and management rank highest as the most frequent reasons for businesses to fail. A business that is well managed prospers; one that is not, fails.