Banking consultant and corporate governance expert Dr. Richmond Atuahene has said that for banks to remain resilient and safely sail through the coronavirus pandemic storm, it will be necessary for them to improve on their digitisation drive and form strong partnerships with financial technology companies (fintechs). Speaking ahead of the...
On the 5th of November 2020, the 8th Angel Fair Africa will be virtual instead of in Dakar, Senegal due to the global pandemic. US$23M of deals have happened over the last seven events which brought selected entrepreneurs to pitch to a room of angel investors whose primary intent was...
The Vice President, Dr. Mahamudu Bawumia, has stated that Ghana, as an emerging economy seeking to accelerate growth and sustainable development, must adopt agricultural best practices such as agricultural fairs to complement home-grown solutions to enhance economic transformation. He advocated internalisation of agricultural fairs as strategic events which must be...
Many people are now proclaiming that the COVID-19 pandemic has provided proof positive that Modern Monetary Theory (MMT) is the only way forward for governments. To the uninitiated, MMT probably sounds extremely sophisticated – even scientific. Its representatives speak as though they have developed a new economic paradigm comparable to...
Dr. Kenneth Ashigbe, Chief Executive Officer of the Ghana Chamber of Telecommunications, has said the future is undeniably digital. He said technology is still moving at an increasingly fast pace, as every facet of life is now linked intrinsically to microchips in one way or another. Dr. Ashigbe was speaking at...
The pandemic-induced economic crisis is set to leave deep scars. Human capital erosion from prolonged high unemployment and school closures, value destruction from bankruptcies, and constraints on future fiscal policy from elevated public debt top the list. Groups that were already poor and vulnerable are set to see the...
The Ghana Shippers’ Authority (GSA) has cautioned importers and exporters to stop engaging in illegal activities during their shipping transactions, saying there will be no mercy for any shipper once a transaction has been classified as illegal. According to the GSA, its offices across the country receive multiple complaints every...
The National Board for Small Scale Industries (NBSSI) has warned applicants for the NBSSI/Mastercard Foundation’s Nkosuo to disregard any message soliciting money from them to complete the application form and qualify for the loan. According to the NBSSI, any such communication should be treated with contempt, as it is...
MUSIAD is a vibrant and highly competitive civil society organization based in Turkey with the ultimate goal of bringing producers, manufacturers, suppliers together with entrepreneurs, business people and government officials for the purposes trade and business. MUSIAD has about 11,000 members both at home and abroad. The membership is predominantly...
For Africa, the COVID-19 pandemic will likely mean negative GDP growth at unprecedented rates. In addition, several African countries are dealing with the aftermath of a commodity price collapse – another key contributor to current recessionary trends. The continent must now navigate economic recovery while building resilience to future shocks....