Tag Archives: Ghana

A World of Opportunity Awaits SMEs That Embrace International Trade

“Today, the bamboo bikes are sold as far away as the United States, Japan, Turkey, Germany, the United Kingdom, Netherlands, and Belgium.” Logistical costs, packaging and potential tariffs are among the major barriers to international trade for small and medium-sized … Continue reading

Posted in Uncategorized | Tagged , , , , , | Leave a comment

The Promise of 2017: A Renewed focus on Ghana’s SMEs

“Specifically, Akufo-Addo has promised a reduction in the Value Added Tax for micro to small enterprises from the current 17.5% to a 3% flat tax.” The new year begins in Ghana with great excitement and cautious optimism for owners and … Continue reading

Posted in Uncategorized | Tagged , | 2 Comments

As a Growth Strategy, M&A can Help SMEs Thrive in today’s Business Climate

  “It is important that the motivation for entering into such transaction align with a company’s long-term strategic goals.” In an era of global competition, integrated markets and complex macroeconomic conditions, mergers and acquisitions (M&A) can be a reliable survival … Continue reading

Posted in Uncategorized | Tagged , , , , | Leave a comment

Six Ways Ghana’s SMEs can Cure Self-Inflicted Wounds

  A common complaint against SMEs in Ghana is inadequate bookkeeping – always a sure sign to investors that a business is not properly managed. Difficulty gaining access to financing, whether from banks, equity investors, and other lending institutions, creates … Continue reading

Posted in Uncategorized | Tagged , , | Leave a comment

With Succession Planning, SME Owners Can Leave a Healthy Legacy

  “What happens to the business in the event the enterprising owner shifts focus to a new venture, dies, is injured or retires? Is there a competent deputy who can take the reins immediately and hit the ground running?” Large … Continue reading

Posted in Uncategorized | Tagged , , , | Leave a comment

Ghanaian’s were Born Ready to Share, But Can They Make Money Off it?

The sharing-based economy, also known as the collaborative consumption or peer-to-peer economy, could have easily been conceived in Ghana. Long before Uber and Lyft made ride-sharing a multi-billion dollar global business and turned ordinary car owners into part-time chauffeurs, or … Continue reading

Posted in Uncategorized | Tagged , | 2 Comments

Ghana’s Most Promising Carmaker Hits The Road Less Travelled

As Ghanaian carmaker Kantanka Automobile Co. embarks on its mission to prove that strong, robust, durable and reliable automobiles can be produced in Africa, a journey that few have travelled, it is important to evaluate how other emerging market automakers … Continue reading

Posted in Uncategorized | Tagged , , , | 17 Comments

Ghana’s Digital March leaves it Vulnerable to Cyberattacks

As Ghana continues its rapid advancement into the digital age, individuals, companies and government agencies are going to find themselves increasingly vulnerable to cybercrime. Law enforcement agencies will need to invest in digital crime fighting technology and capabilities in order … Continue reading

Posted in Uncategorized | Tagged , | 2 Comments

Wealth in Fewer Hands Stalls Economic Growth for Many

When it comes to income inequality, six of the top ten most unequal countries in the world are in sub-Saharan Africa and includes South Africa, which stands apart as the wealthiest nation on the continent and also the most unequal … Continue reading

Posted in Uncategorized | Tagged , , | Leave a comment

Ghana Aims to Fly High by Adopting ‘Aerotropolis’ Concept

The massive, ongoing development of the 43-acre land around Accra’s Kotoka International Airport, collectively known as the Airport City project, is Ghana’s version of a global phenomenon known as aerotropolis. First coined by American professor John Kasarda, the term aerotropolis … Continue reading

Posted in Uncategorized | Tagged , , , , | Leave a comment