Virtual Currency: An unregulated digital currency that can be used as a substitute for real and legally recognized currency. Convertible Virtual Currency usually has a measurable value in real money, but what makes it convertible lies in its ability to be exchangeable. Not all virtual currency can be exchanged...
Motorists using the main Ashaley Botwe-School Junction road that links the densely populated suburb to the rest of the city have expressed worry over what they described as ‘killer potholes’ which have developed along the entire stretch.
The deep holes, which start from the 3rd Gate Junction, go all the...
"You can't shake hands with a clenched fist." - Indira Gandhi
Dear Readers, based on a few requests I am repeating this two-part series first published in January 2014. It is still relevant and a guide for managers who coach new recruits on the oath of secrecy.
Banks have a ritual...
The BBC has begun the search for Africa's next journalism star - launching the 2018 BBC World News Komla Dumor Award from his homeland in Accra, Ghana. Journalists from across the continent are invited to apply for the prestigious prize - which aims to promote fresh journalism talent from Africa.
The award...
Becoming a dollar millionaire in your golden years is possible, if you’re a savvy saver
Do you feel well prepared for your retirement?
We tend to underestimate the power of planning for our financial future, but it’s never too early to start.
As an example, if you start saving USD2,000 a year...
Women entrepreneurs. They are a crucial part of Ghana’s economic backbone. They are job creators. Their blood, sweat and tears turn initiative into employment. That initiative is not always born of vision or passion. Sometimes it is born of necessity, hunger, lack of opportunity and a need to support...
Over the years, companies have found various ways to incentivise their existing staff and attract excellent employees on the job market away from their competitors. They typically achieve these through attractive benefit packages which are given to employees as part of their terms of contract. These include sign-on bonus,...
The cost of healthcare has been on the increase all over the world. Globally, healthcare expenditure has been projected to reach US$8.7 trillion by 2020. Ghana seems to be on track with an average of 8.6% of government’s allocation to the sector. Though this figure seems commendable, yet it...
Mobilizing domestic financial resources like savings is crucial for Africa’s developing economies. Savings are important because they permit investment, which in turn increases the productive capacity of an economy.
They also play a significant role in financial intermediation in a sense that savings funds intermediated by the banking system can...
No president has ever been so happy and bragged about his economic policies than his Excellency Nana Akufo Addo has done in the past twelve months. He is very proud of Ghana's growth and also boasted about the free education offered hundreds of thousands of schoolchildren.
However, though he is...