I. IMPORTANCE OF DIGITAL TRANSFORMATION FOR SMES In today's fast-paced and highly competitive business environment, digital transformation is no longer a luxury but a necessity, especially for SMEs. That is why if you’re reading this in the newspaper on Monday or my LinkedIn over the weekend, know that the place...
The break-even point (BEP) and break-even analysis are related financial concepts used to assess a business's financial health. The break-even point is the specific level of sales at which total revenues equal total costs, meaning there is no profit or loss. It is calculated by dividing fixed costs by...
I wouldn’t call this an opinion piece since it excludes my personal opinions. Also, the story is still unfolding. I am just writing about the events so far and presenting facts to help my audience create their unique perspective. Suppose this Legislative Instrument on cement pricing in Ghana comes...
I would mention GCB Bank PLC as my bank of choice and get raised eyebrows. “Ghana Commercial Bank? But Why?” I’d get asked. To me, the Indigenous boy who left and returned to the land as an Indigenous man with an Indigenous team working to impact the Indigenous trade...
Cost of government short-term borrowing is projected to decrease in second half of the year, coinciding with an anticipated decline in inflation. Interest rates tumbled once again across the yield curve, in line with falling inflation. Treasury bill (T-bill) yields resumed their decline following a 190 basis points (bps) decrease...
The main auditorium and upper quarters of the Great Hall of Kwame Nkrumah University of Science and Technology (KNUST) were flooded with tertiary education students from across Ghana as they gathered for the first edition of the ‘Entrepreneur in You’ campus tour organised by Maxwell Investments Groups (MIG). ‘Entrepreneur in...
Client retention is a critical aspect of business success that involves maintaining long-term relationships with existing customers. Retaining existing clients is often more cost-effective than acquiring new ones, making client retention a priority for businesses across industries. Extensive efforts and strategies ensure customers remain satisfied, loyal, and engaged with...
Financial literacy is a critical life skill that empowers individuals to make informed decisions about managing their money, planning for the future, and achieving financial goals. It encompasses a range of knowledge and skills, including budgeting, saving, investing, debt management, retirement planning, and understanding financial products and services. Financially...
Financial literacy is often thrown around, but what does it truly encompass? Financial literacy is the ability to understand and manage your money effectively. It is the knowledge and skills that empower you to make informed financial decisions, navigate complex financial products, and ultimately achieve your financial goals. Whether...
FinTechs KoinKoin and SR FINANZMANN, have closed a $2 million private funding round in major boost to their corporate over-the-counter (OTC) business for foreign exchange and digital assets. The funding will support the growth and expansion of the technical FX across both businesses, especially in Africa, facilitate technical upgrades and...