It took the intervention of the coronavirus which emanated from China in early January 2020 to briefly halt the persistent increases in fuel prices in Ghana. Prior to that, the country have had to contend with persistent increases in fuel prices since January 2017. The revision and the neutralization of...
The Olympic Torch Relay celebrates the passing of the sacred flame from one torch to the next, from Olympia, in Greece to the site of an Olympic games. The passing of the flame symbolizes the transfer of this symbolic fire from one generation to another. As we celebrate the...
The world is full of people who are very certain—in politics, in religion, in all manner of things. In addition, political, religious, and social organizations are marketing certainty as a cure to all life’s problems. This is purely because the human brain according to neuroscientist is wired for certainty....
Hydrogen power has been on the market for decades but has never really been able to break the glass ceiling of mass-market appeal, mainly due to a host of technical and cost issues. Indeed, battery power appears to be winning the race to replace the internal combustion engine (ICE) more...
In 2018, Tesla was marked to lay off approximately 37000 workers. Now, for huge businesses, almost every activity seems big, so layoffs are often expected to have a huge impact. With the emergence of the Personal Computer, IBM's cash cow, the mainframe, was obviously becoming unpopular. Having being affected,...
Not too long ago, when the idea of solar and wind energy was still hotly debated, critics used to point out the limitations of these energy sources: the sun doesn’t always shine and the wind doesn’t always blow. But nowadays many countries’ electricity grids are strongly supplied by renewable...
Students in introductory macroeconomics courses typically used to learn about the paradox of thrift. This theory, popularized by John Maynard Keynes, states that if households decide to save more and consume less during a slowdown or recession (because of uncertainty about future income), then the resulting reduction in aggregate...
On a cold winter’s night in July 2016, thousands of people gathered inside and outside Rotten Row Magistrates’ Court in Harare to await the verdict in the Zimbabwean government’s case against Pastor Evan Mawarire, the leader of the #ThisFlag movement and a staunch opponent of then-President Robert Mugabe. When...
Frames are cognitive categories or schema people use to describe, interpret, and sort events, issues, and entities to understand and predict their environment. Framing is conceptually connected to the underlying psychological processes that people use to examine information, to make judgements, and to draw inferences about the world around...
Budget deficit and its accompanying debt are key indicators in accessing the health of any economy. At the end of March 2020, Ghana’s public debt reached GHȼ 236.1 billion according to the Bank of Ghana. Of the total debt, US$ 22.9 billion is external representing 31.4% while GHȼ 113...