Employee training can be a great asset not only to the employees but also to the company at large. Maintaining consistency training on your team helps your firm to run smoothly. Additionally, workplace training can be an excellent opportunity on which your employees can expand their skills and knowledge...
According to the Banks and Specialised Deposit Taking Institutions Act 2016, rural banks are specialised deposit-taking institutions engaged primarily in deposit-taking business within a defined catchment area. Deposit-taking business means that RCBs take money on deposit and make loans or other advances of money.
Customers are one of the key...
Economies that are afflicted by a high level of corruption—which involves the misuse of power in the form of money or authority to achieve certain goals in illegal, dishonest or unfair ways—are not capable of prospering as fully as those with a low level of corruption. Corrupted economies are just not able to...
At every point in our lives, whether on a daily, weekly, monthly or yearly basis, we find ourselves at the crossroads of making choices. Making decisions is an activity we perform more often than we allow ourselves to believe, starting from deciding to get out of bed, choosing what...
Brands are the imagery of products. Every product, I would say, is made up of three parts: spirit, soul and body. The spirit is mostly referred to as the life-giving part of a man. In product terms, I refer to the brand as the ‘spirit’. A product’s acceptability and...
In an effort to help individuals make sound financial decisions, Whether you are beginning your professional career, an entrepreneur, a trader, employee or nearing retirement, the financial literacy series will provide you with the tools and resources you need to make informed decisions regarding your financial well-being now and...
One of the most common means of communicating with family and friends for most Smartphone users in Ghana is via WhatsApp. WhatsApp also plays a crucial role in business transactions as more and more businesses are employing the various functionalities of the app to communicate with their customers and...
A SIM box fraud is a setup in which fraudsters install SIM boxes with multiple low-cost prepaid SIM cards. The fraudster then can terminate international calls through local phone numbers in the respective country to make it appear as if the call is a local call. This way fraudsters...
Using an innovative finance tool to spur more development in low-income countries, IFC, a member of the World Bank Group, has announced the completion of a US$9million investment that aims to expand the availability of housing finance by US$500million in eight west African countries over the next four years.
The...
When the Auditor General's (AG) statutory report on the spend by Ministries, Municipalities and District Assemblies (MMDAs) in 2016 is officially presented to Ghana's Parliament in February, 2018, it will come with the usual litany of unapproved payments, contracts backdated to cover work shoddily done, late and overpriced, good...