The Doing Business (DB) survey is an annual report issued by the World Bank Group (WBG).  It ranks economies across the world on the time, ease and procedures required for a small to middle size domestic business, in the most populous city, to complete critical transactions. The first DB survey...
The dream of owning your own home has an alluring pull – it marks the end of paying rent, the start of financial peace, and the first of hopefully many assets you aim to leave to your children. Unfortunately, the reality is that homes are expensive in Ghana. Both macro...
Chiefs and Chieftaincy. Our traditional rulers. Their power, their history, their role, their challenges. In President Akufo-Addo’s recent speech at the National House of Chiefs, he spoke about modernization, ending discrimination, galamsey and not treating sexual violence as ‘family matters’. The President told the Chiefs to resist the temptation of...
November or movember, you say? For a vast number of the populace movember’s significance in the calendar is still a mystery. For those mystified individuals, movember came to life 14 years ago in 2003, created by a few friends over a beer in Melbourne, Australia. You might think, how sloshed...
In part 1 of this article, I analysed the response of data collated in three tables namely gender of respondents, age range of respondents and occupation of respondents. In this final part, I will analyse data collated from three more tables’ namely educational qualification of respondents, responds to job...
Institutions that match up savers and borrowers help ensure that economies function smoothly You’ve  got US$1,000 you don’t need for, say, a year and want to earn income from the money until then. Or you want to buy a house and need to borrow $100,000 and pay it back over...
One of the key attributes of money is that it is used as a unit of measurement. Thus, where Francis and Alberta earn GH₵10,000 each per month it is convenient to say that they both earn the same salary, perhaps perform similar functions in the same organisation or are...
Author:  Prof. Kwesi Yankah Publisher: Standard Newspapers & Magazines  (SNAM), Ltd. This book, written by Prof. Kwesi Yankah, is a part-compilation of his Abonsam Fireman column in the Standard, the national Catholic Weekly. The volume covers the political periods of two military regimes and one civilian government in Ghana, namely the...
Mutual Funds fall under the group called collective investment schemes.  They are mutual because you team up with others who share similar investment objectives. They are collective because your Fund Manager will invest your pooled funds together in a collection (carefully selected mix) of investment vehicles (fixed income, shares,...
…A re-look at bank closing times (2) “In the middle of every difficulty lies opportunity” -  Albert Einstein Dear Readers, I hope you had a good week and are ready to face another week. My last article was not to create passions among bank staff, but rather generate discussions on the...