Africa annually imports US$40billion worth of food, with Ghana importing US$2billion of food products yearly. According to the Director-General of the German Federal Ministry for Economic Cooperation, Gunther Beger, the future of mankind will be decided in the rural areas. “Professionalisation and the sustainable intensification of agriculture is a key...
Yesterday, Ghana chalked up 61 years of nationhood with the theme ‘Ghana beyond Aid’ and was graced by President Muhammadu Buhari of Nigeria as the Special Guest of Honour. As expected, the occasion was marked with a march-past of schoolchildren, the security services and other notable interest groups. In the...
Ghana, a country rich in every sense of the word, has had a chequered history. While not attempting to tell the complete history of the country in one article, as Ghana marks its 61st independence anniversary, it is worth recounting key economic and socio-political events that have shaped the...
Do not get me wrong. I have no qualms against foreign participation in any sector of the economy. But one logic I agree with wholeheartedly is no country has seen sustained growth and development with foreigners at the helm or in charge of any sector - be it banking,...
Financial Intermediaries can be defined as financial institutions such as rural banks, commercial banks, savings and loans companies, and credit unions that accept deposits from the public and makes loans to those needing credit.  Rural banks act as a middleman between cash surplus units in the economy (savers) and...
In January 2018, the international community marked the 70th anniversary of the United Nations Declaration of Human Rights in 1948. Historians, political economists, anthropologists and development analysts say human rights issues have a more obvious connection with trade and commercial activities dating back to the 18th century. One of most extremely...
Common Mistakes that Bankers Should Avoid “Adventure is the life of commerce, but caution is the life of banking” …Walter Bagehot Last week I looked at the ‘Tournier principles’ in great detail. Today, I will share some basic mistakes that bankers make which breach the duty of confidentiality. These inadvertent...
Brutally murdered corpses lying in the backdrop of lush-green fertile farms, with legs and hands thrown akimbo - this is the horrendous imagery that has characterised the bloody relationship between local farmers and Fulani herdsmen in recent years. As it has been in recent years, the wanton destruction of life...
It is easy to pinpoint Ghana’s peers when it attained independence in 1957 - South Korea, Singapore, Malaysia and the like - and use that to judge Ghana as a spectacular failure in delivering much-desired economic goods for its people. Sixty-one years is a long time in a country’s development...
“Risk is part of God’s game, alike for men and nations.” – Warren Buffet Introduction                                                          An investment strategy is fundamentally a plan for...