Governments around the world have indeed taken on more and more functions over time. As a result, they now guarantee the operation of many services once provided by the private sector. They also collect massive amounts of taxes and often demonstrate inefficiencies in their operations. However, it is essential to...
Political parties rely heavily on financial assistance to sustain their activities. This has led to a situation where financiers of a party can unduly influence the outcome of elections and the policies of political parties. The question we ponder over is whether the state should sponsor political parties or whether...
In my opinion, the benefits of blockchain are being paraded as akin to that of cryptocurrencies and while to a large extent that is accurate, from the few conversations I have had over the past weeks, there needs to be an urgent understanding of each of them, and both....
Africa is blessed with abundant solar power due to the scorching sun. Solar power should be the alternative energy source to power vehicles, generating plants, and small-scale and commercial farming. It could also be used for powering industries. For instance, during power outages, most heavy industries like Valco in Ghana...
It has been over a decade since the idea of having a common currency for the countries in the Economic Community of West African States (ECOWAS) was first proposed. The idea was that such a currency would have the following advantages: the benefits of economies of scale, free movement...
The International Monetary Fund (IMF) was established to ensure global economic stability. This is done by providing financial assistance to countries facing economic difficulties. In recent years, the IMF has been involved in providing bailouts to several African countries that are struggling with their economies. The IMF bailout comes with...
Finance and Risk are two crucial issues in the world of business that cannot be over-emphasized. Finance is the heart and soul of any business; it plays an essential role from its establishment to its growth. I’m tempted to define ‘finance’, though most of us have an idea of what...
“Priorities Maxwell!!! There are increased fuel prices, higher cost of living, rising inflation, not to mention COVID, Monkeypox and other health issues and you choose to write about “noise”?? Well……yes. It’s been on my mind ever since moving to the countryside and there is plenty of literary material around...
Co-Authored by Dr. Maxwell Ampong & Rya G. Kuewor GLOBAL TOPICS AT DAVOS 2022 The World Economic Forum’s Annual Meeting, took place this past week from May 22nd to 26th, 2022. The Agenda for the meeting was to contemplate and discuss current global contexts and explore and fashion new (global) collaborations....
The success of any country is dependent on the collective behaviour of the nation. Generally, the people's work commitment, attitude, and hard work help determine their financial profile. However, it’s difficult to determine what should be the direction of efforts. Here we present a secret recipe for leading Africa to...