The Executive Director of the African Coconut Group (ACG), Kwaku Boateng, has indicated that the coconut sector has created in excess of over 1.8 million jobs in the value chain across the country. He stressed that the sector has in existence supportive structures for new businesses to thrive hence to need for the youth or […] The post Coconut
Part I Passing through the Sogakope market, Accra-bound, I felt the need to buy some loaves of bread for those back home who were sure to ask, ‘What did you bring? What did you bring?!’ No sooner had I gotten out of the car into the market than a mad man, a chiselled mad man, […] The post Attempted Prophecies: Get off that high horse! appeared
A Huawei Technologies unit is shipping new Chinese-made chips for surveillance cameras, a fresh sign that the Chinese tech giant has found ways around four years of US export controls, says two sources who were briefed on the unit’s activities. The shipments to surveillance camera manufacturers from the company’s HiSilicon chip design unit started this […] The post Huawei
While the fate of Christians in the middle east and their trials and tribulations often make the media, tough times lie ahead for the Christians of the Zhejiang province in eastern China. The region has endured demolition of hundreds of crosses and even churches since 2014. And now the country’s government, led by the Chinese […] The post Christianity
Alan John Kwadwo Kyerematen’s resignation from the New Patriotic Party (NPP) and his decision to run as an independent candidate are poised to have a seismic impact on the ruling party as the 2024 elections draw near. “Under the circumstances and given the context provided, I wish to use this platform to announce that I […] The post 2024 election:
Data protection in the 21st Century has evolved to become a global concern of increasing complexity, driven by the exponential growth in valuable information that must be safeguarded from corruption or compromise. This complexity is worsened by the global exchange and processing of data, which transcend institutional, national, and government jurisdictional boundaries. For some context, […] The post
The foundation of financial success for businesses Bookkeeping and record-keeping are the unsung heroes of financial management for businesses. Whether you’re running a small start-up or managing a larger enterprise, mastering the basics of maintaining accurate financial records, tracking transactions and organising financial documents is essential for tax compliance, regulatory adherence and informed decision-making. In […] The post
The Ghana Revenue Authority (GRA) has announced that from October 1, 2023 it will commence enforcement of tax stamps on new products and textile products at all entry points. It added that October 1, 2023 to December 31, 2023 is the transitional period – meaning that all products currently on the market like sweetened beverages […] The post GRA
Last week’s article focused on how war ranks as the top political risk, according to the 2023 Allianz Risk Barometer. The current article is still on the Allianz Risk Barometer, but with a focus on the impact of climate change on the environment and livelihoods. Climate change remains in the top-10 global risks, says the […] The post Climate
The Producer Price Index (PPI) for August 2023 exhibited a notable year-on-year decline to 28.3 percent compared to 32.9 percent in the previous month, data from the Ghana Statistical Service (GSS) have revealed. This figure, while substantial, marks a 4.6 percentage point reduction compared to the preceding month as inflation subsided from its July 2023 level. Additionally, the month-on-month shift in the PPI […] The post
Africa’s insurance industry is at a crossroads, grappling with numerous challenges such as low penetration rates, legacy systems and macroeconomic issues. However, amid these challenges lie significant opportunities for growth and transformation. InsurTech – integrating technology into insurance services – presents an innovative solution to many of these problems. At the same time, effective change […] The post
Author: Dr. Suzy Akpene Puplampu Reviewer: Prof. Adelaide N.A. Kastner The year was 1973 and the month September. Guess the date? It was the 12th. She was named ‘Aku’ as she made her grand entry into this world on a Wednesday. A-a-a-a-a-kpe-ne-e-e-e-e! Deep motherly love reverberated through the syllables of the name as Mama connected […] The post BOOK REVIEW: Woven appeared
Advancement in technology is improving business processes and requires organizations to prepare for new and emerging ones. In respect of that, any organization which decides to migrate to a new technology will usually re-evaluate its existing Information Technology (IT) systems and processes to identify the areas for improvement. The re-evaluation exercise is done within the […] The post
The International Finance Corporation (IFC) has invested over US$100million in the economy within the first two months of its fiscal year, starting in July 2023, with further long-term commitmentS to job creation and sustainability. IFC’s dedication to the country’s economic growth is aimed to support manufacturing, export growth and ultimately increased job opportunities in addition […] The post IFC
The President of the Republic, Nana Addo Dankwa Akufo-Addo, has demanded the payment of reparations for the countries affected by the Trans-Atlantic Slave Trade. According to President Akufo-Addo, “No amount of money will ever make up for the horrors, but it would make the point that evil was perpetrated, that millions of productive Africans were […] The post
“It is an axiom nowadays that no bank fails for lack of capital; unprofitable lending is always the underlying cause.” — James Grant, author of Money of the Mind: Borrowing and Lending in America from the Civil War to Michael Milken Last week, we looked at how some loan officers are put under pressure to grant […] The post Risk
The main goal of corporate finance and accounting is to maximise shareholders’ wealth. Maximising shareholders’ wealth compensates shareholders for the use of their capital and maintains a market through which to raise additional capital. It is also one hundred percent true that maximising shareholders’ wealth is not the same as making a profit, although maximising […] The post
Over the last two decades, the rise of social media platforms has been meteoric. From connecting friends and family to serving as channles for self-expression, social media has revolutionized the way we communicate and share our lives. Yet, as these platforms have become integral parts of our daily routines, concerns have emerged, particularly regarding children […] The post
Succession planning is often an overlooked aspect of leadership for many business owners, most of whom tend to consider it only when retirement is imminent and the need to hand over the reins becomes apparent; sadly, many never have the opportunity to complete this important process which engender generational business beyond the original founder. Regrettably, […] The post
There appears to be a potential turnaround in listed financial stocks, as the GSE-FSI that tracks their performance has registered an 11.89 percent gain over the four weeks leading to close of last Friday’s – September 22, 2023 – trading. This upturn can be attributed to overall market growth, robust first-half banking performance, and the […] The post Financial
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