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Gender Ministry to close down witches’ camps – Deputy Minister

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Running a small business is demanding. Each day presents challenges that can affect your cash flow, your customers, and your ability to grow. Amid these demands, it is easy to lose sight of long-term financial priorities. However, businesses that last are not only those with good products or strong customer service. They are often the ones with better financial habits. This article outlines seven essential points that will help SMEs manage their finances more effectively, reduce risk, and plan for growth. 1. Start with a Clear Financial Plan A good financial plan gives direction to your business. It helps you set targets, allocate resources, and make informed decisions. Start by defining your financial goals. These should be SMART - specific, measurable, actionable, realistic, and tied to timelines. For example, you should determine how much revenue you need each month, what level of production or service delivery is required to meet that target, and how you intend to achieve it. Once your targets are clear, you will need a working budget. A good budget helps you monitor income and expenses, manage cash flow, and ensure that your business remains on track. It also provides a basis for deciding what to prioritise and what to postpone. At its best, your financial plan should help you answer key operational questions such as what resources are required to operate or grow, where those resources will come from, what they will cost, and whether your business is in a position to take them on. Planning in this way reduces uncertainty and allows you to run your business with greater clarity and confidence. 2. Maintain Accurate Financial Records Accurate financial records are essential for any business. Whether you are managing day-to-day operations, planning for future growth, or applying for funding, clear and reliable financial information allows you to make sound decisions. 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. 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Gender Ministry to close down witches’ camps – Deputy Minister

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Gender Ministry to close down witches’ camps – Deputy Minister

Gender Ministry to close down witches’ camps – Deputy Minister

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The Deputy Gender Minister says her Ministry is working to close down all witches’ camps and control harmful traditional practices inimical to the wellbeing of women and girls in the country.

Freda Prempeh said the Ministry required active support from the country’s development partners, traditional and religious institutions to close down all identifiable witches’ camps, and successfully reintegrate inmates into the society.

Mrs Prempeh however, lauded the police administration for the swift investigations and the arrest it had made so far in connection with the murder of the 90-year-old woman at Kafaba in the East Gonja District of the Savanah Region.

The deceased, Madam Akua Denteh was accused of witchcraft and lynched by some unidentified people in the town.

In an interview with the Ghana News Agency (GNA) at Duayaw-Nkwanta in the Ahafo Region, Mrs Prempeh expressed the hope that the police would speed up prosecution of the suspects involved in the incident.

“It is very unfortunate that the aged are always wrongly accused as witches when they demonstrate menopausal symptoms and health issues such as dementia, schizophrenia, and accidents. This is extremely unacceptable and we must nail it down,” she said.

“Even kids who seem to be geniuses and assertive in this contemporary society of ours are branded as witches. This affects their proper upbringing and development and we will not sit unconcern for this to continue”.

As the embodiment of the people, Mrs Prempeh indicated that traditional authorities, religious and opinion leaders had the enormous responsibility of helping control the surging human rights abuses and violations among women and girls in society.

“It is extremely sad that [the] activities of some self-styled prophets, prophetess and soothsayers are seriously disintegrating families, and the government needs the support from chiefs, queens and religious leaders to nip in the mud all these unscrupulous activities, and dishonest prophesies”.

Mrs Prempeh called on the media and all stakeholders to be on the watch, and report any form of domestic violence against women and girls to the relevant institutions for the necessary action to be taken.

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