…When leaders hide knowledge from service employees
American football coach, Bill Belichick, is one of the most successful coaches of all time. As a matter of fact, his New England Patriots team’s record of eleven consecutive playoff appearances, from 2009 to 2019, is the most in NFL history. Belichick obviously...
The development and prosperity of Africa depends on empowering Ghanaian youth with relevant social and financial skills. As one of the youngest regions in the world, Africa's prosperity hinges on empowering its youth with the necessary skills for personal growth and overall advancement. Ghana boasts a youthful population, with...
I welcome you all to another epistle from your Savings and Investment Tutor. The Bank of Ghana has released its 2022 Annual Report and Financial Statements, providing a comprehensive overview of the country's economic performance over the past year.
The report highlights several key challenges, including high inflation, a widening...
Common Mistakes that Bankers should Avoid
“Adventure is the life of commerce, but caution is the life of banking” …Walter Bagehot
Last week I looked at the “Tournier principles” in great detail. Today, I will share some basic mistakes that bankers make which breach the duty of confidentiality. These inadvertent...
Addressing customer concerns in a timely and effective manner can also help to mitigate potential negative publicity. In today's age of social media and online review platforms, a single dissatisfied customer can easily share their negative experience with a wide audience.
However, by promptly addressing their concerns and providing a...
ASA Savings and Loans Ltd, as part of its Corporate Social Responsibility (CSR) has donated equipment worth thousands of cedis to the Laterbiokoshie Presby Junior High School (JHS) in the Ablekuma Central Municipality and Mamprobi Hospital in the Ablekuma West Municipality of the Greater Accra Region.
The donation, was done...
…an opportunity to empower industries?
The emergence of generative artificial intelligence (AI) has revolutionised outcomes, offering unprecedented opportunities for innovation, efficiency and cost-effective scalability. Ghana’s challenged financial sector, burgeoning hospitality industry, expanding healthcare facilities and emerging manufacturing sector are thrust into a position to embrace the potential of generative AI....
By Korsi DZOKOTO
The financial results of the Bank of Ghana for the year 2022 raise serious concerns about the institution's management and financial stability. With significant losses and a deteriorating equity position, combined with excessive monetary financing and an inefficient investment portfolio, it is evident that the bank has...