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, […]
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.1
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, […]
African National Oil Companies boost project development with innovative financing strategies
African national oil companies (NOCs) are leveraging innovative financing strategies to advance oil and gas projects, ensuring continued investment despite shifting global energy markets. Through various innovative strategies such as privatization and divestment, bond issuances, development finance and resource-backed loans, NOCs are not only strengthening their financial capacity but positioning themselves at the forefront of […]
Digital payments economy in Africa to reach $1.5 trillion by 2030, report
Africa’s digital payments economy is set to grow from strength to strength according to a Mastercard-commissioned report by Genesis Analytics stating that the digital payments economy is expected to reach $1.5 trillion by 2030. As a longstanding technology partner to Africa, Mastercard continues to strengthen its commitment to the continent’s digital growth through strategic investments, […]
UAE’s Africa push prompts cautious optimism
Emirati companies are bringing capital and expertise to African investments, but the illegal gold trade remains a challenge. With $60bn of investment in Africa in over a decade, the United Arab Emirates is emerging as one of Africa’s most consequential investment partners. COP28 in Dubai in December 2023 was key in outlining a roadmap for […]
Choosing the Right Business Structure in Ghana: Private Limited Liability Company vs. Branch Office
Understanding Business Structures in Ghana 1. Private Limited Liability Company (LLC) A Private Limited Liability Company (LLC) is an independent legal entity registered under Ghana’s Companies Act. It can be wholly foreign-owned or a joint venture with local partners, making it a flexible and secure option for businesses looking to operate in Ghana. Advantages of […]
Private sector urged to join new charge to help electrify Africa
Africa’s power sector has been dominated by state-owned utilities, but policymakers are finally urging the private sector to make inroads. African presidents and ministers attending the recent Africa Energy Summit in Tanzania called on the private sector to play an expanded and more consequential role in the continent’s power sector. The leaders expressed their support […]