Foley sold a Manhattan townhouse and an East Hampton estate after stepping down. Key Takeaways John Foley says losing his job as the CEO of Peloton cost him dearly. Foley, once a billionaire, told the New York Post that he “had to sell almost everything.” The embattled fitness company has
Telecel Ghana’s life-changing More Money Promo continues to transform lives nationwide, as Prilla Kyerewaa, a 22-year-old supervisor and a recent high school graduate, grabs a whopping GHS30,000 in the weekly draw. Prilla, who works at a maternity shop in Accra, is the first female to claim the GHS30,000 weekly prize
This week, SKB Journal highlights three trends in Africa: the rise of e-commerce, the growth of mobile gaming in Ghana, and the challenges of mushroom wine production in Uganda. The E-commerce Revolution in Africa Africa is experiencing a rapid digital transformation with the rise of online commerce. According to fintech
The ability of the Central Bank to monitor in real time forex transactions, could potentially slow down black market activity, if the directive is enforced properly. The Bank of Ghana’s new directive requiring forex bureaux to use a centralized foreign exchange platform begins today, sparking mixed reactions from the public. CLICK TO
Business News at SKB Journal: Mobile Money, known as MoMo has significantly enhanced financial inclusion in Ghana, pushing the percentage of financially included adults to about 95%. The total value of Mobile Money (MoMo) transactions in Ghana between January and June 2024 reached approximately GH¢1.2 trillion Ghana cedis, according to
In Ghana, the insurance industry has shown promising growth, attributed to an increasing awareness of the benefits of insurance and a growing middle class. This development offers lucrative opportunities for those considering becoming insurance agents as a side hustle. Here’s a detailed guide by Samuel Kwame Boadu on how to
Starting a business in Ghana, like in any other part of the world, requires more than just a good idea and capital. It demands a specific mindset that is attuned to the unique challenges and opportunities of the business landscape. In Ghana, entrepreneurs face a dynamic environment where factors such
Real estate in Ghana per findings by SKB Journal is often portrayed as a robust market with high returns on investment. While the sector has shown significant growth and potential, prospective investors, homebuyers, and renters need to navigate the market with caution and a deep understanding of the realities on
Starting a business in Ghana presents an exciting opportunity due to the country’s growing economy, strategic location in West Africa, and relatively stable political climate. However, like any entrepreneurial venture, starting a business here comes with its own set of challenges and considerations. Before you take the plunge, here are
According to Samuel Kwame Boadu, Founder of SamBoad Business Group Limited, an operating budget is a critical component of any successful business, be it for profit or nonprofit. An operating budget is a critical component of any successful business, be it for-profit or nonprofit. Business owners use the information to
