Although they are afraid to talk openly, officials of some SME-focused banks are restive about the GH¢400million stated capital increment for banks, saying it could hurt SMEs badly.
Category: Investing
Shipping Lines Go Mad Over High Charges
Accra, October 9, 2017//-Shipping lines have warned that they could be forced to stop calling at the country’s sea ports if what they consider to be “excessive charges” are not curtailed.
Lack of Infrastructure Drives Demand for Mixed-Use Dev’ts
Johannesburg, South Africa, October 9, 2017/ — The lack of infrastructure is a huge driver of demand for mixed-use developments in some parts of West Africa, particularly Ghana and Nigeria.
Economic Diversification Even More Crucial as the Fight Against Climate Change revs Up
October 9, 2017//-The need for developing countries to diversify the portfolio of goods and services they produce has become even more pressing as governments move to act on the promises of the Paris climate agreement, UNCTAD Deptuy Secretary-General Isabelle Durant has told an international meeting in Geneva, Switzerland.
Saudi Arabia: West Java Forum Seeks to Boost Investment Opportunities
Jeddah, Kingdom of Saudi Arabia, October 9, 2017//-With a population density of 47 million people, economic growth above the national, quality human resources, the most complete infrastructure and also the center of the industrial sector in Indonesia, making West Java as one of the provinces that offers the greatest investment opportunities in Indonesia, manufacturing, construction, […]
How Too Much Debt Can Hurt World Economies
Accra, October 8, 2017//-Many governments are getting by on borrowed money. Borrowing allows governments to cover shortfalls without having to increase taxes or cut back public spending. But too much debt can hurt economies, especially in a recession.
5 Ways Gov’t Can Help South Africa’s Small Businesses
October 6, 2017//-South Africa’s government has made efforts to help its small businesses, and rightly so – they comprise over half the country’s GDP. Giving them the right incentives where possible, and staying out their way where not, is good for the economy and the nation.
Top Global Firms’ Market Clout Holds Back Small Businesses
October 6, 2017//-The growing concentration of market power in the hands of big international companies is a worrying trend for small businesses, UNCTAD Deputy Secretary-General Isabelle Durant said in Geneva at the launch of a new report on SME competitiveness around the globe.
Metta Unveils Designers for Second Pan African Fashion Product Lab
Nairobi, October 3, 2017 – Mettā, the place entrepreneurs call home, has unveiled designers selected to join the second cycle of its pan African Fashion Product Lab to be hosted in Nairobi, Kenya.
1,300 African Entrepreneurs Storm Lagos for 3rd TEF Entrepreneurship Forum
Lagos, Nigeria, 4 October 2017 – The Tony Elumelu Foundation (TEF), Africa’s leading philanthropy dedicated to catalysing entrepreneurship, today announced that the 3rd annual TEF Entrepreneurship Forum – the most diverse annual gathering of African entrepreneurs and SMEs – will take place on October 13-14 in Lagos, Nigeria.