Just when I felt I had done justice to explaining how banking business differs from other businesses, I was jolted to come up with further expositions to clarify some public misconceptions about the nature of the assets and liabilities of a bank and how a seemingly strong bank may...
The World Bank has released the Next Generation Africa Climate Business Plan (NG-ACBP), which sets out a blueprint to help sub-Saharan African economies achieve low carbon and climate-resilient outcomes.
The Plan calls for countries to seize the opportunity to scale-up climate resilience to grow their economies and reduce poverty, redouble...
High Commissioner to Lebanon, Egypt and Sudan, Dr Winfred Okai Hammond has revealed that his outfit has rescued 2000 female migrants from Lebanon who were going through hazardous conditions to make ends meet.
According to him, they had the hope of finding greener pastures in these lands but were met...
The Ghana TVET Coalition recently held its maiden national general conference with the aim of consolidating its efforts at coalition building to embark on the objective of complementing government effort at the implementation of a successful delivery of free, quality and accessible TVET in Ghana.
Over 30 participants drawn from...
The Ashanti Regional Security Council - REGSEC has directed the Motor Traffic and Transport Department - MTTD, of the Regional Police Command, to arrest and prosecute users of motorbikes and rickshaw - pragia operators who go against the traffic regulations.
This is expected to help bring sanity on roads in...
A silent but profound form of dominance is underway, spearheaded not by nations but by tech behemoths that dominate the digital realm. It pertains to these powerful entities' control and use of data, algorithms, and digital spaces to extend their economic and political dominion.
It is crucial to note that...
Minister of Finance, Ken Ofori-Atta, has revealed in the 2020 mid-year budget review that government has released an amount of GH¢57,800,000 for the payment of nursing students allowance.
According to the Finance Minister, the stipulated amount is to cover the allowance of some 48,200 nursing students across various nursing training...
South Africa’s Shoprite Holdings will lay off 115 staff and close another Kenyan store, less than a year after its opening as part of the supermarket’s expansion into the east African country, a letter seen by Reuters shows and the company confirmed.
In the letter, addressed to the Kenyan Union...
The four biggest audit firms in Ghana, namely: Deloitte, Ernst & Young (EY), KPMG and PWC, dominated the audit of the biggest companies listed on the Ghana Stock Exchange based on the 2019 audited financial reports published by the Ghana Stock Exchange and on the website of the listed...
The Registrar General’s Department has cautioned companies to abide by the directive to rotate external auditors every six years as prescribed in the Companies Act 2019 (Act 992) Section (139).
Per the law, “an auditor shall hold office for a term not more than six years and is eligible for...