As the year 2022 begins, I share some basic accounting and tax issues as a reminder to management of companies, Finance Managers, business owners etc. in order to avoid tax penalties, interests, loses and ensure the smooth running of businesses devoid of statutory burdens. This is necessitated by the...
National sovereignty, peace, financial prosperity, and territory management have been the building blocks for independence. Although the world has entered a much more civilized and democratic era, human nature to win and rule has never changed. In the recorded human history of 3400 years, there has been peace for...
The Bank of Ghana (BoG) has issued a directive that from July, 01, 2022 the only card that will be used to undertake transactions at all Bank of Ghana-licenced and regulated financial institutions is the Ghana card. The objective as stated in the directive is to ensure safety of...
Understanding the burn rate is crucial in the fast-paced world of startups, where every cedi matters. This metric measures how quickly a company spends its cash, serving as a financial fuel gauge for a young business.
Burn rate refers to the speed at which a company spends its cash reserves...
In our previous articles about ERP solutions, we explained how ERP systems provide an integrated IT solution, particularly in the manufacturing and logistics industry. We also discussed what approach is best to choose to implement ERP, and what risks to avoid. In this article, we shall look at African...
VAT constitutes one of the great sources of tax revenues, yet it’s the most abused or evaded by taxpayers. An analysis by the Africa Tax Administration Forum (ATAF) on VAT Fraud Manifestation and Typologies in Africa established, among others, how the African VAT system is under threat as a...
A key element of a successful negotiation is knowing the value of your expected outcome and the limits of your willingness to agree to a deal. Negotiators need to understand what the optimal terms for an agreement are and when an agreement will be of no benefit.
In negotiations, understanding...
A persistent variation in indicators summed in climate, called climate variability, assumes climate change when this variability persists for a long period of at least ten (10) years. It is documented that the variability occurs from the activities of humans in pursuit of ‘development’. In fact, since start of...
A few months ago, l had the singular honour of joining some astute leaders from different backgrounds at a Global Leadership Conference. At the meeting, I learnt about some practical ways of serving people. During the lunch break, I took notice of a man (possibly in his 60s) in...