The success of any country is dependent on the collective behaviour of the nation. Generally, the people's work commitment, attitude, and hard work help determine their financial profile. However, it’s difficult to determine what should be the direction of efforts.
Here we present a secret recipe for leading Africa to...
Last week, I created an awareness of the need for banks as corporate bodies as well as individual bankers to pay closer attention to the paradigm shift in banking and have a serious change of mindset, as a pre-requisite to moving on.
This period of self-reflection is to identify best...
Football is one of the most beloved sports throughout the world. This game carries fans more than any other game worldwide. There are an estimated 3.5 billion soccer fans around the globe, making soccer the top sport globally. Cricket, hockey and Tennis stand second, third, and fourth respectively.
The beauty...
“There is going to be digitization of the workforce in a way we have never seen before. In 10 years, probably less, we will have substantially fewer employees, and the ones we do have will be significantly different from what we have now”.—Director, Bank Governance Leadership Network,
This...
Retirement planning now – II
Retirement planning is simply defining your pension income for ‘tomorrow’ with deliberate actions and decisions necessary to achieve same. In many developing economies, pension is dreaded by many. In the case of Ghana, research indicates that only 2 out of every 100 Ghanaians retire financially...
“Quitters never win, and winners never quit”
****This article was first published in February 2020***
Whenever I watch how some local entrepreneurs’ businesses collapse, causing loss of jobs and reputational damage, I find myself filled with mixed emotions. However the interesting thing about famous successful personalities who “fail” is, THEY LEARN...
The Discovery of crude oil in the Middle East changed their fortunes because of continuous demand for the commodity. Life does not exist without energy. In today’s world, fossil energy/crude oil is considered one of the most prominent energy sources with a large global market.
Renewable energy is catching up....
“Someone is sitting in the shade today because someone planted a tree a long time ago” Warren Buffet
I wish to dedicate this article to two groups of people: The first group is the Board, Management and Staff of Universal Merchant Bank, (UMB), formerly known as Merchant Bank (Ghana)...
A successful process of raising funds for your business is the first step towards achieving success. Your business may not be able to materialize productive investment opportunities without access to easy and timely finance.
Whether it’s a start-up or an expansion, financing is a crucial step towards business success. Generally,...
“If you make customers unhappy in the physical world, they might each tell SIX friends. If you make customers unhappy on the Internet, they can each tell SIX THOUSAND friends.” Jeff Bezos
Customer Exits and Risk
Dear bankers, I am sure you have all gone through a painful customer exit...