The role of financial institutions, particularly, banks as drivers of the economy cannot be overemphasised. Due to the essential nature of their intermediary roles between borrower and lenders of credit, the health of banks is of utmost concern for all stakeholders of the wider economy. As banks are for-profit...
Africa’s path to building prosperity is at the core of the continent’s development narrative. For over half a century, we have been trying to figure out what our way out of poverty and underdevelopment should be. Still, the struggle remains. Why might that be? Simply put, there are a...
Ghana turns 64 years today, since freeing itself from the grip of colonial rule on that fateful occasion of March 6, 1957 - becoming the first sub-Saharan nation to attain the enviable status of an independent country. From the period of independence to date, a lot has happened in...
Envisage that you're deliberating on motor insurance coverage with a potential insurer who queries why he/she should pay an annual premium even if he/she doesn't make a claim. Bearing in mind that an insurance contract encompasses fortuitous events and the exchange of unequal amounts, how can you explain to...
Smartix Education, a start-up technological company, has launched an android and web app to facilitate online learning in an era of digitization when academic works are shifting from the classroom space to online.
The Teleplay app, which stands for teach, learn and play, is aimed at changing the way students...
Ghana is considered one of the more stable countries in West Africa since its transition to multi-party democracy in 1992.
Formerly known as the Gold Coast, Ghana gained independence from Britain in 1957, becoming the first sub-Saharan nation to break free from colonial rule.
Gold, cocoa and more recently oil form...
“Because uncertainties are so pervasive and unfathomable, the most dynamic and prosperous societies are those that try many, many different things.”
-Mancur Olson, Power and Prosperity (2000, 188-89)
It’s hard to believe that the industrial giant South Korea was once a weak economy with a GDP per capita under...
The Republic of Ghana (formerly The Gold Coast), named after the medieval West African Old Ghana Empire, is the first Black colony to declare independence and the first sub-Saharan country to gain independence by breaking free from the former British colonial masters.
Ghana on 6th March 1957 was declared free...
Ghana at independence was described by many economists as one of the most ambitious countries in the world. Even before the first president, Osagyefo Dr. Kwame Nkrumah, could set up his governance structure, the nation’s pride was the Black Star Line - a preeminent shipping line. Its first ship named...
When Europeans or Americans ask about Ivory Coast, we locals may sound a little bit like we are quoting Charles Dickens. We have, after all, lived through the best and the worst of times. This week’s parliamentary election will play a major role in determining which we will face...