Adam Smith, the founder of modern economics, argued that the pursuit of private interests – profits – will invariably promote the common good. That may be true in some situations, but obviously not always. Just as banks’ pursuit of profit led to the 2008 financial crisis, it was Purdue...
Home to more than one billion people, Africa boasts the youngest, fastest-growing middle class in the world. With a median age 14 years younger than that of any other continent, Africa is on the cusp of profound political, economic, and social transformation. Around 20 million jobseekers enter the labor...
It is not often that trade negotiators get a chance to simultaneously protect vulnerable people and their livelihoods, promote healthier oceans, and fulfil one of the United Nations Sustainable Development Goals. But that is exactly the opportunity awaiting trade ministers as they gather at the World Trade Organisation this...
“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....
It appears that the international community is moving toward what many are calling a historic agreement to set a global minimum tax rate on multinational corporations (MNCs). It’s about time – but it may not be enough.
Under the existing rules, firms can escape paying their fair share of taxes...
Regional integration, security, macroeconomic stability and others formed the major issues discussed when Southern African leaders gathered late June in Maputo, Mozambique.
They were in the country for the extraordinary summit of Heads of State and Government organized by the Southern African Development Community (SADC).
The event was primarily called to...
– 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...
...Landlords should stop demanding advance payment of rent; it’s a crime
It has been reported in the news that the Commissioner-General (CG) of the Ghana Revenue Authority (GRA) is introducing rent tax starting by the end of this year. I wish to state that this reportage lacks truth and...
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...
Current charcoal demand in Ghana
About 37% of energy consumption in Ghana is derived from biomass, which is mainly in the form of charcoal, (Source: GSS, 2019).
The demand is higher in the urban areas making 50% respectively of the total demand and it is expected that population growth, especially in...