“Let us not look back in anger or forward in fear, but around in awareness”. — James Thurber
Last week, we examined various issues that make banks vulnerable to the outside world through various lapses. This is a continuation of various reminders:
Cash limits
Gone are the days when branch managers preferred...
“Not everyone who chased the zebra caught it, but he who caught it, chased it.” – South African proverb
We are at the centre of an evolving life. As a matter of fact, we have a better, dramatic, diverse and far-reaching influence on the evolutionary process than we can imagine....
– is it an obstacle in modern banking? (4)
"When we are no longer able to change a situation - we are challenged to change ourselves." - Viktor Frankl
Segregation of Duties in The Traditional Lending Process
The fourth revolution has made utmost use of digitalization to ensure seamless delivery of...
With technology permeating every sphere of our daily lives in this global village of ours, digital literacy has become more important than ever in our work lives. The continuous digital transformations such as artificial intelligence, automation and digitisation that are going on in today’s workplace are tangible signs for...
In his classic book The Logic of Collective Action, the late great Mancur Olson explained that the hardest policies to implement are those with diffuse benefits and concentrated costs. Olson’s argument was straightforward: individuals bearing the costs will vigorously oppose the policy, while the beneficiaries will free ride -...
“No matter how sharp your teeth are, you can't bite water.” – African proverb
We have nurtured a culture wherein many seek power by any means necessary because the ‘might’ behind ‘the power’ enables them to “act more like themselves rather than having to act as the wider society would...
The Kandifo Institute has hosted the maiden edition of the Kofi Annan Scholars Webinar with Dr. Kodjo Esseim Mensah-Abrampa, the Director General of the National Development Planning Commission as guest speaker. This comes on the back of the annual Kofi Annan lectures. The webinar themed ‘Kofi Annan and Africa’...