Small and medium sized businesses (SME’s) that want to list at Kigali’s bourse will not be subjected to any minimum capital requirement, a move expected to encourage more firms to go public at East Africa’s smallest stock exchange.
Thirty years ago some individuals from the Jirapa District of the Upper West Region conceived the idea of establishing a rural bank in the area in order to bring banking services to the door steps of the people. Hence in November, 1983 the name Sonzele Rural Bank was established as one of the rural banks in the country.
The Avenor Rural Bank (ARB) Limited, located at Akatsi, in the southern part of Volta Region, with its tentacles spreading to other parts of the region, may be seen today by a good number of people as a bank of a credible standing in view of the achievements they have chalked up so far.
In spite of the positive economic news and encouraging trends that have emerged from Ghana over the past decade, the troubling reality remains that everyday livelihoods of the average Ghanaian have not kept pace with macroeconomic growth, and per capita GDP persistently lag behind the rest of the world.
Indeed, floral making and decoration has become a lifetime employment to hundreds of people. Such enterprises and training centres have sprung up nationwide and trainees spend between three months and a year to learn the art of making decoration and floral arrangement.
The Ghana National Petroleum Corporation (GNPC) has commenced an internal restructuring process aimed at enhancing the capacity of its staff and building a stronger financial base that will make it competitive and capable of exploring for and producing oil in and outside the country.