GroConsult Crowned as Consulting Firm of the Year at the 10th Edition of the Business Executive Excellence Awards 2024
We are thrilled to announce that GroConsult Management Consortium has been named the Consulting Firm of the Year at the prestigious 10th Business Executive Excellence Awards 2024. This remarkable achievement is a testament to our unwavering commitment to delivering exceptional services and driving the success of our clients across Africa. The Business Executive Excellence Awards, […]
How Employer of Record (EOR) Services Help Businesses in Côte d’Ivoire Thrive Without Boundaries
Côte d’Ivoire is one of West Africa’s fastest-growing economies, attracting businesses, investors, and professionals from across the globe. With Abidjan serving as a hub for finance, trade, and international organizations, the country has become a magnet for both multinational corporations and highly skilled individuals seeking opportunities. But for expatriates who wish to live and work […]
Ghana becomes first country in Africa and second in the world to export timber and timber products to European markets
The Forestry Commission has issued the first six certificates to five Ghanaian companies to export timber and timber products to the European market under the Forest Law Enforcement, Governance, and Trade (FLEGT) licensing regime. The certificates, which are part of the 131 timber utilisation contracts (TUCs) ratified by Parliament on June 24 this year, were […]
Ghana to remove minimum capital requirement for foreign investors — H.E Prez John D. Mahama
President John Mahama has urged Japanese businesses to seize Ghana’s strategic position as a gateway to Africa and take advantage of a continental market of 1.4 billion people. He described Ghana as “a stable, democratic, business-friendly gateway to West Africa and the continent,” with a growing consumer market, improving macroeconomic fundamentals, and clear reforms to […]
“Ghana’s Tax Ecosystem: Empowering Individuals, Strengthening SMEs, and Building Society”
Taxes are compulsory financial charges imposed by governments on individuals and businesses to fund public services and infrastructure. In Ghana, these payments support essential services such as healthcare, education, transportation, and national defense. Taxes are more than just a civic obligation—they are a cornerstone of Ghana’s economic development. For individuals and Small and Medium-sized Enterprises […]
Cultural influences in international business
A key consideration for international businesses when establishing operations outside their home countries is the impact of the prevailing political, economic, and legal systems on the benefits, risks, and costs of doing business. In the era of globalisation, investment decisions by international businesses outside their home states are informed by factors such as deregulation, interplay […]
Global Employee Engagement Drops for Only the Second Time in 12 Years, Costing the World’s Economy US$438 Billion
WASHINGTON, April 23, 2025 /CNW/ — For only the second time in the past 12 years, the global percentage of engaged employees fell — from 23% in 2023 to 21% in 2024, according to Gallup’s latest State of the Global Workplace report. The primary cause was a drop in manager engagement: While engagement among individual contributors remained flat at 18%, […]
9 Ghana’s New Gold Trading Regulations: What Foreign Investors Need to Know
The government of Ghana has officially prohibited foreigners from participating in the local gold trade, following the passage of the Ghana Gold Board Act, 2025 (Act 1140). The law, passed by Parliament on March 29 and assented to by the President on April 2, introduces sweeping reforms to regulate gold trading in the country’s artisanal […]
10 Ghanaian Garment SMEs complete ILO SCORE Training to boost productivity and decent work
The International Labour Organization (ILO) has announced the successful completion of itsSCORE (Sustainable Competitive and Responsible Enterprises) training program by 10 Small and Medium-sized Enterprises (SMEs) operating within Ghana’s garment industry. The initiative, funded by the Government of Switzerland and Norway through the Swiss State Secretariat for Economic Affairs (SECO) and the Norwegian Agency for […]
Benin and Senegal Experience Highest Growth in African Internet Resilience: Internet Society Pulse Country Report 2024
March 27, 2025: According to new data released by the Internet Society, West African countries are making notable strides in digital development, with several countries in the region improving their Internet resilience. This progress underscores the region’s growing commitment to enhancing digital infrastructure, security, and market readiness, ensuring more stable and accessible online services for […]
World Bank launches Business Ready Report in Ghana; highlights need for reforms to boost private sector growth
The World Bank Group has unveiled the Business Ready (B-READY) Report in Ghana, offering a detailed assessment of the country’s business environment while highlighting critical areas that require reform to stimulate private sector growth. The report acknowledges Ghana’s strengths in labour market regulations and utility services but identifies bureaucratic inefficiencies in business registration, property transfer, […]