Tag Archives: ACCRA
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.
Political instability might have impacted the hospitality and tourism sector in Ethiopia but the diplomatic country of Africa stands resilient to the challenges set before her. Ghana’s Accra, being listed as one of the most expensive cities in Africa, is attracting more visitors than anticipated. Real estate development is booming while the city flourish as a vacation and business hub for many travelers. The 7th edition of the PwC Hotels Outlook: 2017 – 2021 report establish Ethiopia and Ghana as countries with a brighter outlook in the hotel industry – both countries are increasingly growing in the number of international hotel brands.
ASKY, a pan African airline formed by key players in Africa such as Bank for Investment and Development (EBID), the West African Development Bank (BOAD) and the ECOBANK Group, as part of its mission to connect West Africa and central Africa more easily with the focus of making business and leisure travel easily as well as reducing the flying time for travelling between the two regions of Africa, has inaugurate daily flights in Accra, Lagos and Abuja which started on July 3, 2017.
ACCRA, Ghana, April 15, 2013/African Press Organization (APO)/ – A mission from the International Monetary Fund (IMF), led by Christina Daseking, visited Accra during April 2-12, 2013, to conduct discussions for the 2013 Article IV consultations. The mission met with President Mahama, Vice-President Amissah-Arthur, Finance Minister Terkper, Bank of Ghana Governor Wampah, other senior officials, members of parliament, and representatives of the private sector, think tanks, trade unions, and civil society.