Business
Analyst Lists Challenges Of Small Businesses

An economic analyst, Dr Kunle Olajide of the University of Port Harcourt, has listed a number of factors militating against small scale businesses in the country.
Olajide, who spoke with The Tide, at a Business Development Seminar, for small business owners in Port Harcourt, Wednesday regretted that most businesses do not outlive their owners.
He listed some of the factors that prevent small businesses from growing to include, inconsistencies in government policies, insecurity and poor infrastructure.
Olajide also stated that corruption, bribery and multiple taxation as well as undefined functions of various bodies responsible for business registration.
The analyst noted that it was important for government to make good its promises on the ease of doing Business in Nigeria programme so as to give small business owners a chance to make it.
He pointed out the recently released reporter by World Bank on “Doing Business, 2017. Equals opportunity for all had placed Nigeria 169th out of 190, saying that this was not good enough for a country purported to be “Africa’s Big Brother”.
Olajide urged the participants to adopt self help by synergizing to overcome the challenges in order to place their businesses among those to be reckoned with for generations to come.
Tonye Nria –Dappa
Business
Kenyan Runners Dominate Berlin Marathons
Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.
Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.
The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.
Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.
“I did my best and I am happy for this performance,” said Sawe.
“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”
Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.
In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.
Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.
Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.
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