The United States continues to claim that it is the true fighter for unity of the ‘free world’. But it is important to understand that such attempts are nothing more than a desire to further entrench the US’s leading role on top of ‘new world order’. Unfortunately, this has...
Businesses and homes within the capital will soon enjoy reliable supply of power as work on the US$50million Pokuase Bulk Supply Point (BSP) project reaches 87 percent completion. The power substation comprises switch gear and control rooms for the Electricity Company of Ghana (ECG) and Ghana Grid Company (GRIDCo) with...
The Statistical Bulletin report (June 2020) has shown increased credit support to the manufacturing sector following a decline in March when the coronavirus pandemic first reared its ugly head. Credit to the sector in March fell to GH¢4.7billion from GH¢5.10billion the previous month. But following that decline, loans advanced to...
Technology has changed the way we handle our money. With technology, we have seamless ways to spend, send, borrow, invest and save money. Although the convenience it brings has associated costs, we are willing to bear them until we feel we are being exploited, at which point we seek...
…when faced with uncomfortable retail or service situations Have you heard the joke about the young man who went into a pharmacy to buy condoms? Okay, so the pharmacist shows him the options available, the number per packs, the differences between brands, etc. The pharmacist then asks the young man...
AngloGold Ashanti Ghana (AGAG) has presented a cheque for GH₵600,000 to management of Obuasi Campus at the Kwame Nkrumah University of Science and Technology. The gesture, according to the company, is part of its efforts in ensuring diversification of Obuasi’s local economy through its educational support. The Managing Director of AGAG,...
…when customers make mistakes The job of the front line employee is not for the fainthearted. I make this bold claim not because this has been my field of interest for the past two decades and more. I write this because it is a fact. The job of serving customers...
The Tony Elumelu Foundation (TEF), Africa's leading philanthropy committed to empowering young African entrepreneurs, has announced a partnership with the European Union to identify, train, mentor and fund 2,500 young African women entrepreneurs in 2021. The partnership will disburse €20 million in financial and technical support for women-owned businesses, across...
The sharp, almost synchronised, pivoting by most of the world’s major central banks in raising interest rates has highlighted the growth-inflation trade-off that most countries now face. But it has given rise to another significant macroeconomic challenge – the Herculean task of balancing debt sustainability with climate-change mitigation and...
The Bank of Ghana (BoG) has introduced a raft of guidelines and measures including sanctions, increased sensitisation and a regulatory forum to deter banks from engaging in money laundering and terrorism financing activities. The European Union (EU) in May 2020 placed Ghana on the list of countries that are seen...