Category Archives: Ghana News
Entrust Datacard partners with Identity Management Systems (a subsidiary of Margins Group) to deliver first nationwide instant issuance in West Africa
At a breakfast table in the noisy restaurant of a hotel in Shenzhen, I met Kwame Song Dongshong, now President of the Powerchina International Group Limited.
As Nigeria exits the recession of 2017, investor sentiment across West Africa is likely to experience uplift in 2018. Still, political uncertainty ahead of Nigeria’s 2019 presidential elections and on-going security concerns are among the key risks for businesses operating in the region, says specialist global risk consultancy Control Risks (www.ControlRisks.com) in their annual political and security risk forecast ‘RiskMap’.
The Writing Is On The Wall: Ghana’s big push to attract investment from Asia – Japan, Singapore and China – is well underway, by Nana Yaa Ofori-Atta
At a breakfast meeting held in Accra on Friday, December 15th, 2017, the Minister of Finance, Ken Ofori-Atta, announced that “we are today examining the possibilities of arranging for a total of US$300 – 500 million Ghanaian debt issuance on Asian capital markets.”
Belstar Capital, an investment and project finance institution has started a move to purchase a significant number of shares at Unibank as a means to make the bank qualify the new minimum capital policies as stipulated by the Bank of Ghana. The management of Belstar Capital says the bank has agreed to move a sum of Ghc 600 million capitals into Unibank and in view of this, Belstar Capital will sell her shares that are currently at the Agriculture Development Bank (ADB).
The kejetia market project which is meant to construct over 10, 000 ultra modern stores and reconstruct the Kejetia Terminal with a budget totaling $260 million was scheduled to be completed in January next year. However, the Public Relations Officer of the Kumasi Metropolitan Assembly (KMA) Mr. Godwin Okumah Nyame has told Ghana News Agency that the Central Market project will not be ready until July 2018.
Department for International Development Ghana Country Director’s speech at the launch of Ghana’s Business Regulation Reform Strategy
Department for International Development Ghana Country Director’s speech at the launch of Ghana’s Business Regulation Reform Strategy:
The Governments is on the way to making Ghana the most suitable environment for business investments in the continent, says Dr. Mahamudu Bawumia, the vice president. At the 1st investment summit of global leaders hosted by the GIPC, the vice president indicated, the Nana Addo led government is adopting strategies that will propel Ghana to become the most attractive business home for investors in Africa within the next few years.
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.
Workshop participants include a wide range of stakeholders already engaged in past consultative meetings in Ghana