List of all articles filed under “ghana-sectors” category.
Mono Sethi, Director at Sethi Group of Companies, shares his vision for the group and explains what opportunities Sethi can offer to investors. He also explains why should a partner or an investor invest in Ghana, rather than other neighbouring countries, where there is a need for affordable housing.
Mahesh Shah shares his assessment of the food industry in Ghana and presents Multipro. The company’s rapid and successful global expansion was facilitated by instant noodles business in 1996 in Nigeria, followed by Ghana in 2006. In addition to that, Multipro is playing in the snack category, the refined oil category, milk, and ready to eat breakfast cereals. The vision of the entire company is to be the biggest FMCG company in Ghana.
Henry Sampson talks about the fintech industry in Ghana and presents DreamOval. Organized as a limited liability company incorporated in Accra, Ghana, in 2007, DreamOval is a software development house that focuses on tech-based innovations. The company was elected Ghana’s 2015 software company of the year. Its core mission is to provide the essential platform for electronic business activities for Africa.
Gopal Vasu presents M&G Pharmaceuticals, one of the leading manufacturers and importers of pharmaceutical products in Ghana. The company was established in 1989 when its current owners bought production facilities from Kingsway Chemists Ghana Limited, a division of United African Company Limited (UAC), now known as Unilever (Ghana) Limited. The company was restructured in July 1993 with foreign equity under the Ghana Investment Promotion Centre Act.
Richard Adjei, Managing Director of Kasapreko, presents the company, its main products, and shares his strategy and vision for the future. Kasapreko was founded in 1989 in Nungua by Dr. Kwabena Adjei, and is now one of the leading and successful alcoholic and non-alcoholic beverage producing companies in Ghana.
The e-bills system, which is the latest initiative by the Ghana Interbank Payment and Settlement Systems (GhIPSS), enables various institutions to transact business and receive payment instantly through electronic means. As such, there is a huge business potential for financial technology service providers, known as Fintech companies, to support organisations to set up their system in order to use the e-bills pay.
Banks and third-party companies in Ghana have been commended for their role in driving patronage for electronic payments in the past year. The role by these institutions and their customers, have led to significant growth in the various electronic payments products and services, as noted by the management of Ghana Interbank Payment and Settlement Systems (GhIPSS).
As part of the effort to drive non-cash forms of payments in Ghana, a number of banks and financial institutions are offering discounts to customers who shop off their debit cards at particular shopping outlets. GhIPSS’s CEO, Archie Hesse, called for more collaborations between banks and merchants so that such incentives can be provided regularly.
GhIPSS has commended organisers of Ghana’s premier pop-up market, Selewa Market, for creating a platform for shoppers to use electronic forms of payment at the fair. Selewa Market has provided an avenue for businesses, both SMEs and corporate organizations, to converge at one venue to sell and promote their products and services.
According to the Ghana Interbank Payment and Settlement System (GhIPSS), virtually every company or organisation in Ghana which has used the e-zwich to pay various remunerations have made some savings. While some have saved up to millions of Ghana cedis others have saved several thousands of Ghana cedis.
