Introduction to Correspondent Banking
Correspondent banking may sound like a term straight out of a financier’s dictionary, but its implications ripple through the entire economy, touching the lives of both businesses and individuals. Essentially, it’s the process by which banks provide services to each other, including cross-border transactions and large-scale...
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...
In the challenging and dynamic business environment of Africa, success can be hard to come by. The continent is home to a diverse array of markets and economies, each with its own unique opportunities and obstacles. To thrive in this environment, businesses need to be agile, innovative, and laser-focused...
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...
Football is one of the most beloved sports throughout the world. This game carries fans more than any other game worldwide. There are an estimated 3.5 billion soccer fans around the globe, making soccer the top sport globally. Cricket, hockey and Tennis stand second, third, and fourth respectively.
The beauty...
Ghana, the Heart of Africa, has long been celebrated for its stable political environment and progressive democratic governance. The nation’s commitment to conducting regular, peaceful presidential elections stands as a beacon for other developing countries seeking to strengthen their democratic institutions.
In 2016, Ghana witnessed a notable presidential election that...
Your company’s internal culture could very well make or break things. Though similar in many things and several ways, we are ultimately all of us equally very different beings. So that means that the individual ethos of everyone at a company should ideally be in harmony with everyone else....
Introduction to Correspondent Banking
Correspondent banking may sound like a term straight out of a financier’s dictionary, but its implications ripple through the entire economy, touching the lives of both businesses and individuals. Essentially, it’s the process by which banks provide services to each other, including cross-border transactions and large-scale...
Countries may ban the exportation of certain commodities from time to time. It is not an altogether uncommon thing to do, and it may occur for several different reasons.
The length of time a commodity may remain banned is entirely relative to the reason or reasons it was banned for,...
Entrepreneurship is often associated with individualism, risk-taking, and innovation in today's fast-paced world.
While these traits are undoubtedly essential for any successful venture, the critical role of the community in fostering entrepreneurial success must be considered.
In reflecting on the recent MIG Business Forum and the exciting initiatives discussed,...