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I don’t condone disrespect to pacesetters - Samini reacts to Stonebwoy-Kelvynboy saga

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Many small businesses struggle in this area due to time constraints, limited expertise, or a lack of systems. However, proper record-keeping should never be overlooked. It supports internal decision-making, strengthens external credibility, and improves your ability to respond to opportunities or risks. Business owners can start by gaining basic knowledge of accounting principles and tools. Training employees in simple record-keeping practices also helps to build internal capacity. In some cases, it may be worthwhile to engage professionals who can help you put the right systems in place and prepare essential reports at a cost that makes sense for your business. 3. Choose a Banking Partner Aligned with Your Goals The right banking relationship can make a real difference to your business. A bank like Absa Bank is more than a place to keep your funds. It is a partner that can support your operations, guide your financial planning, and help you take advantage of growth opportunities. Begin by understanding your business needs. These might include working capital support, payments and collections services, or trade finance. Once your needs are clear, assess whether your bank offers the right mix of services, accessibility, and expertise. Your banking partner should make it easier to run your business, not harder. They should share your ambition to grow, be responsive to your concerns, and provide solutions that are tailored to the stage your business is in. A strong banking relationship will give you confidence and peace of mind as you build your enterprise. 4. Deploy Effective Payment Solutions Revenue is the foundation of every business and the way you go about collecting it is key. In today’s economy, customers expect fast, simple, and secure payment options. If your business only accepts cash, you may be turning away potential sales without realising it. Providing customers with flexible payment options is no longer a luxury. It is a necessity for growth and long-term relevance in a digital economy. Offer customers alternatives such as instant bank transfers, mobile money, card payments through point-of-sale devices, or more innovative solutions like Absa Mobi Tap to improve your customer experience and increase your reach. These methods reduce delays, enhance transaction security, and demonstrate professionalism. 5. Meet Statutory Obligations Promptly Every business has legal and regulatory responsibilities. These include filing and paying taxes, submitting Social Security and National Insurance Trust contributions, and meeting other sector-specific requirements. Complying with these obligations on time helps you avoid penalties and disruptions. It also builds your business’s reputation and improves your standing with financial institutions and regulators. To stay compliant, you should adopt a legal structure that suits your business model and goals. You may also wish to seek legal or tax advice at key points in your journey. Planning ahead for obligations such as annual tax payments or quarterly filings ensures that you are not caught off guard. Meeting your statutory responsibilities consistently is a mark of a well-run business. 6. Manage Your Risks Running any business involves risk. These risks may include delayed payments from customers, unexpected costs, economic downturns, or even natural disasters. For small businesses operating with limited resources, such events can be difficult to absorb. This is why risk management must be part of your financial routine. Start by identifying the main risks that could affect your business. Put in place basic measures to protect your operations. This could mean setting aside emergency reserves, purchasing insurance, or diversifying your income streams. Being proactive about risk does not eliminate uncertainty, but it helps you stay in control when challenges arise. It also signals to lenders, partners, and customers that your business is prepared and resilient. 7. Separate Business and Personal Finances It may be tempting to treat your business account as your personal wallet, especially in the early stages. However, failing to separate your business and personal finances can lead to confusion, tax problems, and credibility issues. As a business owner, you should pay yourself a fixed salary. Avoid withdrawing funds at random or covering personal expenses with business income. If you invest personal funds in the business, document it properly as a loan or equity contribution. Keeping your finances separate helps you maintain clear records, assess business performance accurately, and present your enterprise in a more professional light to partners, banks, and regulators. At Absa Bank, we believe that strong financial habits form the backbone of every successful enterprise. 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Dancehall artiste Samini wins GIMPA SRC presidential elections

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I don’t condone disrespect to pacesetters - Samini reacts to Stonebwoy-Kelvynboy saga

I don’t condone disrespect to pacesetters - Samini reacts to Stonebwoy-Kelvynboy saga

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Popular Ghanaian dancehall artiste Samini was on Wednesday (22 June) elected the president of the Students’ Representative Council (SRC) of the Ghana Institute of Management and Public Administration (GIMPA).

The ‘My Own’ hitmaker polled 307 votes against his main rival Theophilus Quartey, who had 212 of the total votes cast.

The award-winning rapper said the victory comes as a huge relief, promising to make students’ welfare his priority.

“It’s a relief. It feels good to finally come to the end of this,” Samini told the media after the declaration of results. “It’s been quite tensed couple of weeks and I wasn’t looking at this like a landslide.”

“I knew that if I sat back and enjoyed old glory it could surprise me. So, I had to come on the ground and be like every other regular student who is soliciting for votes,” he added.

Samini said he will deliver on his promises to the students.

“This is just the beginning. I’m going to change GIMPA SRC; make a difference, make an impact and leave it at a level where whoever is going to come will be happy to continue from,” he said.

The reggae and dancehall artiste has promised to develop the institution if he was voted as the SRC president.

Speaking on the GTV Breakfast Show earlier, Samini stated that he will use his personality to solicit funds for the institution since the SRC has financial constraints.

”As an artiste and entertainer and what I am used to in terms of soliciting funds to support their projects. I know what I can do if I take charge and sacrifice myself or bring myself to serve and be part of how we can raise more, someone who is not that loud on social media space,” he said.

Samini said he has been an ambassador for many brands including MTN and more recently FBN Bank hence he believes it would help him knock on doors to make way for change in the school.

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