In the early weeks of November this year, a team of young enterprising engineers set off to do something unconventional. Their talents and dexterity would now be put to the test. Equipped with the idea and learning from the old success stories, they believed it could be done. Indeed,...
That COVID-19 has disrupted our way of living and economies around the world is an understatement. Every sector/industry has been affected anyhow you look at it. One such sector badly hit is aviation which employs millions of people and acts as the central nervous system of international business and leisure....
Mobile money is a fast, simple, convenient, secure and affordable way of transferring money, making payments and initiating other transactions using a mobile phone and other mobile devices. It is seen as an opportunity to cross-sell financial products, playing an important role in extending financial services to the unbanked...
 … Assume that a collateral not perfected is an equitable mortgage; and instead of assigning zero collateral value, consider extending collateral realisation period or apply a haircut Executive summary IFRS 9 application guidance B5.5.55 specifies that for the purposes of measuring expected credit losses (which is the calculation of impairment loss),...
Preamble T.S. Eliot posed the question: "Where is the wisdom we have lost in knowledge? Where is the knowledge we have lost in information?" It is on the basis of such a question, I would like to share my views (Information, Knowledge and Wisdom) after I read the 108...
PRH: The Bank of Ghana plays a crucial role in formulating and implementing policy in the banking sector. What are you doing to ensure Ghana’s balanced and sustainable economic growth? Dr. Addison: The core mandate of the Bank of Ghana as the Central Bank is price stability. In broad terms,...
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...
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...
The Harvard Review claims that customers who had great experiences in the past with a company will spend 140% more compared to people who had poor experiences. Clearly, there is a correlation between the quality of the experience and revenue, which also holds true in the hospitality industry. The...