GREGOR PETER SCHMITZ: You have seen many crises. Is the COVID-19 pandemic comparable to any previous one?
GEORGE SOROS: No. This is the crisis of my lifetime. Even before the pandemic hit, I realized that we were in a revolutionary moment where what would be impossible or even inconceivable in...
Africa accounts for 53% of global cashew production, but less than 10% of global processing. Through local processing there is a value addition potential of US$2.8 billion every year and potential employment of 275,000 people in the processing plants.
USIBRAS Ghana Limited, subsidiary of a leading cashew nut processing firm...
President Akufo-Addo, during his 9th address to the nation on COVID-19 updates, extended the ban on public gatherings until the end of May 2020. This did not come as a surprise to many since the country has recorded increased number of infections in recent days.
This means that during this...
Digital transformation projects are taking shape across industries the world over. The recent Covid-19 pandemic may lead us to a lasting exponential growth in the provision of digital services through digitization (e.g. merely downloading forms online), digitalization (e.g. filling out forms online) and digital transformation (i.e. full-service delivery online).
The...
In a time like this where the whole world is in uproar, economies are crashing, businesses are shaking and diverse individual plans are getting cancelled, there is one thing that remains the same.
There is a particular group of people that are still depending on less than a dollar a...
Start-ups that have performed well during the implementation of social distancing and lockdown measures might offer favourable opportunities to investors amid the uncertainty, while the changing investment environment is set to add impetus for greater collaboration and renewed risk evaluation.
Those who successfully ride out the storm look set to...
The current set of circumstances create an ecosystem that happens to be the perfect condition for some enterprises to thrive and thrive really well. But that’s like discussing all the benefits of fire while your house is burning to ashes. It wouldn’t be the best time, would it? Nonetheless,...
On 21st March 2019, Ghana passed the Payment Systems and Services Act 2019 (Act 987), as part of initiatives to digitise its economy. The 2024 Cash-lite Agenda by the Bank of Ghana is to:
Foster efficient payments;
Improve financial inclusion; and
Enhance financial innovations.
In an address by Dr. Ernest...