Introduction to Correspondent Banking
Correspondent banking may sound like a term straight out of a financier’s dictionary, but its implications ripple through the entire economy, touching the lives of both businesses and individuals. Essentially, it’s the process by which banks provide services to each other, including cross-border transactions and large-scale...
The interconnectedness of economic elements can often create a domino effect, where a ripple in one sector can trigger a tidal wave in another. This is notably observed in the relationship between inflation and poverty. Recent events in Ghana provide a stark illustration of this phenomenon. The country, celebrated...
Digitization is one of the niche subject matters in the field of information and communication technology. However, its use and application have reached other fields, including the economy, to accelerate growth and development in recent times. The application of digital technologies is expected to characterize future economies as it...
2020 Honda CR-V. Black Edition. Full Option. Tear-rubber, as they call it. I wasn’t even driving that fast on the motorway. Well, it is the motorway after all but I was driving at about 50mph. Not sure how or why it happened; all I heard was a big bang...
Claim: Amasaman Rent Control Department Office locked by landlord for non-payment of rent arrears
Verdict: No Rent Control Department Office has been locked due to non-payment of rent
Full text:
On Saturday, August 7, 2021, a viral post on social media, claimed a Rent Control Department (RCD) office, under the Ministry of...
Football is one of the most beloved sports throughout the world. This game carries fans more than any other game worldwide. There are an estimated 3.5 billion soccer fans around the globe, making soccer the top sport globally. Cricket, hockey and Tennis stand second, third, and fourth respectively.
The beauty...
The torrential downpour witnessed in Kumasi and other parts of the Ashanti Region, last Thursday, June 24, 2021, resulted in massive flooding of some areas of the city, displacing many residents.
The development, a perennial occurrence, has so far also led to the deaths of six people including an infant,...
“Priorities Maxwell!!! There are increased fuel prices, higher cost of living, rising inflation, not to mention COVID, Monkeypox and other health issues and you choose to write about “noise”?? Well……yes. It’s been on my mind ever since moving to the countryside and there is plenty of literary material around...
Claim: Several social media posts have claimed a photo of the Büyük Çamlıca Mosque, in Turkey, as the newly commissioned National Mosque of Ghana Complex.
Verdict: False. The photo being circulated as the National Mosque of Ghana Complex, is the Büyük Çamlıca Mosque, in Turkey.
Full text:
A photo being circulated on...
President Akufo-Addo on Tuesday, June 8, 2021 cut tape to unveil some waste and disinfection trucks secured by Zoomlion Ghana, at a ceremony at the Independence Square.
Following this development, several national newspapers have quoted conflicting figures on their front-page headlines causing social media uproar over the exact numbers of...