The Importance of Defining Roles Clearly
In the dynamic corporate governance landscape, clearly defined roles facilitate smooth operation and are pivotal in steering the organisation towards its strategic objectives. A vivid outline of responsibilities ensures that every financial process is undertaken judiciously, maintaining a balance between strategy and day-to-day management....
National sovereignty, peace, financial prosperity, and territory management have been the building blocks for independence. Although the world has entered a much more civilized and democratic era, human nature to win and rule has never changed. In the recorded human history of 3400 years, there has been peace for...
Ghana is located in the western part of Africa and is the closest location to the centre of the world. Formerly the Gold Coast, Ghana has a total land size of 238,533 Square Kilometers. The nation serves as a crucial West African anchor for stability. For many years, Ghana...
The term “social impact era” may very well be new to some and very familiar to others. It first began to gain global popularity during or around the time of the global financial crises between the years 2007 and 2009. These financial crises occurred when banking systems and global...
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...
Local agroeconomic clusters play a crucial role in the growth and sustainability of regional economies. Moreover, by focusing on local buyers, these clusters can create a ripple effect of benefits that extends beyond the businesses themselves, touching the lives of countless individuals within the community.
I want to explore ten...
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...
As the largest contributor to Ghana's Gross Domestic Product (GDP), accounting for over 50% of GDP, agriculture is essential for the country's overall economic development. In addition, it generates roughly 60% of export revenue. It economically supports 80% of the people, whether directly or indirectly, through farming, the sale...
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...
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...