Business Management,Finance &Tax

The current global development framework and the UN Sustainable Development Goals (SDGs) charges each country with the primary responsibility for its “own economic and social development”, and accordingly emphasizes the crucial role of domestic resource mobilization for financing the implementation of the SDGs. Ghana’s attainment (in 2010) of a lower middle-income country status has resulted in significant reductions in donor inflows and opportunities for concessional borrowing. Between 2010 and 2014, average gross ODA to Ghana amounted to US$ 1.43 billion per year, compared to US$ 2.58 billion between 2005 and 2009. This declining trend becomes even more apparent considering that net ODA to Ghana as percentage of Gross National Income (GNI), fell from 16.34% in 2004 to 2.18% in 2013. This means that implementation of Ghana’s development goals will require innovative means of sustainable revenue generation and financing. The question of what has to be done differently is thus an ...

                Finding ways to satisfy your clients is the most important thing to do. This can only be a reality when good relationships are established. It will promote and facilitate easy interaction for smooth business operations that will be rewarding in both customer satisfaction and shareholders’ wealth in dividends and or in profits. Trying to improve and keeping a good relationship with customers will preserve your business in these days of competition. Remember industry players all try to      Trying to improve and keeping a good relationship with customers will preserve your business in these days of competition. Remember industry players all try to outdo or out-perform one another in order to catch the attention of potential clients. Clients being the backbone of every enterprise, need to be attracted to products and services for sales and revenues. They also need to be retained to ensu...

Small businesses and the economy generally, can realise significant benefits by embracing mobile and internet technologies to transform their operations. The digital transformation of business and society presents enormous growth potential for businesses. Industry can build on its strengths in advanced digital technologies and its strong presence in traditional sectors to seize the range of opportunities that technologies such as the Internet of Things, big data, advanced manufacturing, robotics, 3D printing, block chain technologies and artificial intelligence offer. This will enable industry to capture a share in the emerging markets for the products and services of the future.   Digital transformation is characterized by a fusion of advanced technologies and the integration of physical and digital systems, the predominance of innovative business models and new processes, and the creation of smart products and services.      Currently, busi...

        Sub Sahara Africa  have becoming one of the fastest growing economies in Africa, but a third of its population still survives on less than $1.25 a day. Many families struggle to put food on the table and, as a result, around one in every four Ghanaian children is malnourished.      If the government is to invest in tackling hunger, it will need more resources. Tax is a vital part of the solution to the scandal of hunger.     Tax allows governments in countries like Ghana, Nigeria, Liberia, Kenya etc to provide essential services, invest in advice for farmers and develop critical infrastructure like irrigation and roads, which can help farmers grow more and get their produce to market.      At the same time, tax can provide the funds needed to pay for projects like school lunches for pupils, that can act as a safety net for the most vulnerable.      Yet African countries lo...