Africa is gradually emerging as a preferred business destination for most firms, multinationals operating in the global business environment. This may be principally due to its available rich natural resources, population size, growing democratic institutions, rapid urbanization and emerging retail industry. In fact, the region is consumption-driven, and that...
– is it an obstacle in modern banking? “...I say, that Power must never be trusted without a check.” ― John Adams, Adams-Jefferson Letters  Definition and general description A Separation of Duties (SoD) is the concept of having more than one person required to complete a task. In business, the separation by sharing of more than...
Ransomware – a type of malicious software that restricts access to a computer system until a ransom is paid – is not a good look for cryptocurrencies. Proponents of these digital coins would rather point to celebrity investors such as Tesla founder Elon Musk, Dallas Mavericks owner Mark Cuban,...
– a good risk management strategy “Challenges are what make life interesting and overcoming them is what makes life meaningful.” – Joshua J. Marine Dear readers, last week I shared titbits on how morning huddles can be utilized effectively as a risk management tool. Before I continue, I wish to reiterate...
ExxonMobil recently announced a five-year plan to reduce greenhouse-gas emissions and is pumping out ads proclaiming its commitment to a green future. Tobacco giant Philip Morris is touting its plans to help smokers quit. Facebook is calling for new internet regulations. And these moves come less than two years...
Corruption is a disturbing phenomenon confronting many economies across the globe, and more importantly Africa due to its deadly effect on the livelihood of citizens. In fact, corruption can lead to the misallocation of scarce economic resources, thereby depriving the citizens of meaningful development. Corruption can also affect the...
“When the shadow of a tree is bent, straighten the tree, not the shadow.” – African proverb Living happens to us, but it is by no means an easy experience. From trying to find meaning to the efforts you put into enjoying your relationships and work, to defining aspirations, handling...
Introduction African Union Day is what necessitated last week’s (and this week’s) articles and I even forgot to wish it. Better late than never, is it not? So Happy Africa Day! The day was formerly known as Africa Freedom Day, or Africa Liberation Day. It was good—the change. I never liked...
The START Column : A company limited by shares construct produces an entity bestowed with legal personality, limited liability, transferability of shares, delegated management and investor ownership according to Reinier Kraakman. Globally, these distinct features backed by legislation and practice have become common features of such companies – and similarly,...
There are many investment vehicles and securities. Interestingly, these instruments have unique properties which make them suitable for one type of investment or the other. In the subsequent publications, as much as we can, we shall cover most of these securities. The list is quite a tall one so...