Data from the State Insurance Company (SIC) has revealed that transit trade for the first quarter of 2022 decreased by 23 percent compared to the same period in 2021. This was made known by the Head of Transit Bond Guarantee System at the SIC, Mr. Osei Ntiamaoh, at a meeting...
KfW, the German development bank, has reaffirmed that its partnership with the recently launched Development Bank Ghana (DBG) - which was signed in December 2021, seeks to provide much-needed support to the Small- and Medium-sized Enterprise (SME) sector and thereby promote sustainable development of the Ghanaian economy based on...
The workplace is filled with various tasks, assignments, projects, meetings, distractions and disruptions which we have to deal with every single day. The intensity may be more or less, based on the industry that you find yourself; nonetheless, no workplace is exempted from them. There are timelines tied to...
Ghana is currently enmeshed in debates over the economic merits and demerits of constructing a National Cathedral. Thanks to media information, it appears public opinion is weighing heavily against continuation of the project due to the ongoing economic and financial difficulties the country is facing. A few weeks ago, media...
It is important to state that in developing countries like Luxembourg, with a GDP of more than US$70billion, insurance penetration as at 2017 was 38.8 percent. This is followed by countries like Hong Kong/China and Ireland with an insurance penetration rate of 17.9 percent and 13.6 percent respectively. In...
Imports and exports play an important role in determining the overall health of an economy. Countries use the data they require from imports and exports to determine if they are experiencing a surplus or deficit. International business is the core theme in conducting business in the current era of...
In all the regions of the world today, there are significant footprints of digitalisation, a new-fangled wave that is transforming economic, environmental and social activities. Countries across the globe have become increasingly dependent on digital technologies – this phenomenon is enhancing access to education and healthcare, protecting biodiversity and...
Winners never quit, and Quitters never win Quickening the Pace of Digital Banking Last week we examined some critical training needs that financial institutions can help bridge the gap to ensure their staff fit well into the digital banking era.  In the advisory role that the few branch staff left...
Corporate Governance (CG) is essential for the survival and sustenance of any corporate organization, and its positive impacts in the long run far outweigh whatever could be regarded as its downside when properly implemented. There could be many views on the definition of CG, but according to John Kyriazoglou, 2020,...
Over 16. 2 million, representing 60 percent of MTN-Ghana’s subscriber base of 27.2 million, have so far linked their SIM cards with Ghana card details in the ongoing SIM card reregistration exercise. Of the figure, only 10.8 million representing 40% have had their bio-data captured to finalise the reregistration process....