In recent years, economies in Africa have increasingly been exposed to the vagaries of global markets. Whereas previously, periods of economic growth were stimulated by local demand and a sense of national pride with respect to the ability to produce domestically, export markets now dominate driving economic growth. With...
As the formalisation of the creative industries increases in this part of the world, it is likely that young artists and the general public alike have been coming across the concept of ‘intellectual property’ a lot more. Based on the World Intellectual Property Organisation (WIPO) definition, ‘Intellectual Property’ (IP)...
Multi-asset specialist manager, Stanbic Investment Management Services (SIMS), has announced measures that ring-fence new deposits from the mark-to-market valuation by setting up sub-class funds under the existing Stanbic Cash Trust and Stanbic Income Fund Trust. This was announced at the 2023 virtual Annual General Meeting (AGM) held on August...
Good day Ghana, it feels good to be back, especially after unceremoniously taking a break. Please have my unreserved apologies. It’s probably 21 days and 7 hours since I was last here on this column. In between the time I was absent, I have been to 2 conferences and...
The government is upbeat about the mid-year revisions it has made to the 2023 budget following Ghana’s entry into a new IMF bailout programme. However, reality is not quite so bright. … examines the prospects offered by the first budgetary adjustments made under the country’s latest IMF programme writes...
– be deliberate about CX for business success The past five weeks have been very engaging and fulfilling as we were privileged to sit at the feet of some CX practitioners and proponents who were kind enough to share their experiences with us on how they are changing the...
“A person shows his or her character by what he or she laughs at.” – African proverb During a contemplation on the human personality, Carl Jung, the Swiss psychiatrist, profoundly said, “Man cannot stand a meaningless life.” His words sum up the deep human need to seek meaning and purpose...
The Bank of Ghana's 2022 report on fraud (BANK OF GHANA NOTICE NO. BG/GOV/SEC/2023/08) reveals a concerning increase in attempted fraud cases in the banking and Specialized Deposit-Taking Institutions (SDI) sectors. In 2022, there were 2,998 reported cases of attempted fraud, a stark rise of 27.74 percent from 2021's...
Love is in the air, or so they say. But for many people looking for romance online, what they find instead is a well-crafted web of deception that preys on their hopes, dreams and vulnerabilities. Welcome to the world of romance scams, a dark underworld where the art of...
Meta, the company behind Facebook and Instagram, will apply Ghana’s VAT charges across its ad platforms starting on August 1st, 2023. Since April 2022, the Ghana Revenue Authority (GRA) has required e-commerce and digital platforms without physical presence in the country to file tax returns and pay monthly taxes,...