Bancassurance is now a key product or distribution line in the insurance sector in recent times. Bancassurance commonly means selling insurance products under the roof of a bank. Though bancassurance had its roots in France in the 1980s and spread across different parts of Continental Europe, it has spread...
In the last few decades, countries across the African continent have been experiencing a rapid exodus of people from rural areas to urban centres. The region’s burgeoning urbanisation presents an episode of bittersweet revelation for urban planners and policymakers. Why is that so? With cities accounting for the lion’s...
In May 2022, the government of Ghana through the Ministry of Finance passed the Electronic Transaction levy (E-Levy) in the bid to rope in revenue to boost the country’s economy and address the challenges the economy is facing but two months after its inception the E-levy seems to have...
Two years of the COVID-19 pandemic have exacerbated the education crisis in Western and Central Africa. The pandemic hampered efforts to increase enrollment rates: indeed, more than 101 million children could not go to school and had little access to distance learning. As countries rebuild their economies, it is urgent...
A brief incursion into the historical evolution of money is necessary to set the pace for this discussion. It is common knowledge that the inefficiencies of the barter system (the system where humans paid for and transacted for goods and services by exchanging commodities such as salt, rare metals...
Winners never quit, and Quitters never win
Quickening the Pace of Digital Banking
Last week we examined some critical training needs that financial institutions can help bridge the gap to ensure their staff fit well into the digital banking era. In the advisory role that the few branch staff left...
It is an established fact that good roads make a crucial contribution to economic development and growth, and bring important social benefits. The proper development of a transport road network reduces the cost of transportation - both in terms of money and time. Beyond that, it also helps in...