Author: Erica Nkrumah

Emerging market businesses that lack formal compliance processes suffer twice: first from inefficiency and then from losing out on beneficial partnerships. While companies in emerging markets are becoming formal businesses in increasing numbers, there is still a sizable gap between getting a license and paying taxes (the minimum definition of “formal”) and following the internal… Read More

“It’s incredibly difficult to be an honest entrepreneur in this country. People in government agencies expect you to pay them a bribe to do what they are paid to do, otherwise they sabotage you. These things make me wonder if Ghana can really work.” This statement, posted on Facebook recently by a young entrepreneur in… Read More