Tax compliance is a critical element of any organization’s financial operations. We can also say for individuals who are eligible to pay taxes in the country. Compliance relates to the extent to which a taxpayer meets their tax obligations. Generally, a taxpayer’s obligation encompasses issues such as registration in...
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...
The co-Founder and Managing Director of Gateway Synergy in South Africa, Tarisai Moffat, has noted that Africa possesses the talent and know-how to overcome its numerous trade and associated business challenges.
Tarisai, who is currently a Mandela Washington Fellow, was speaking at the 2023 Mandela Washington Summit at the Jackson...
…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....