Amazon announced Jeff Bezos is stepping down as CEO almost 27 years after he founded the company to sell books to customers over dial-up modems.
Amazon wasn’t the first bookstore to sell online, but it wanted to be “Earth’s biggest.” When it first launched, a bell would ring in the...
By Barry EICHENGREEN
For precisely three years, the economics profession has been collectively fixated on inflation. February 2021, exactly 36 months ago, was the last time consumer-price-index inflation in the United States (all items, 12-month percentage change) was at or below the Federal Reserve’s 2% target.
This recent episode of above-target...
Title: The Economics of Banking and Finance in Africa
Editors: Joshua Yindenaba Abor and Charles Komla Delali Adjasi
Reviewer: Professor Robert Darko Osei, Dean, School of Graduate Studies, University of Ghana, Legon
The global economy is going through a difficult period; one that has been engendered by recent developments, notably the COVID-19 pandemic...
– put together the building blocks of your internal CX processes to address customer needs
Customer Experience like every other discipline or organizational process hinges on several key components: people, measurement framework, processes and tools, and technologies. Crucially, people constitute key elements such as structure and provide oversight as well...
Discussion in the preceding section affirmed, transactions of bitcoin and other cryptocurrencies were mostly unregulated. However, the trend has reversed or improved in recent years. The anti-money laundering (AML) and counter terrorism financing watchdog for the global community, Financial Actions Task Force (FATF), has set rules for the cryptocurrency...
In a recent article authored by Ghana's Minister for Finance Ken Ofori-Atta, there was a resolute expression of support for the Bank of Ghana (BoG). This endorsement comes amid the backdrop of pressing economic concerns in Ghana, including excess money supply by the Bank of Ghana, which resulted in...
From the incessant greenhouse gases emitted by motor vehicles and fossil fuel-powered industrial and domestic facilities to smoke from wildfires, these pollutants collectively contaminate air in indoor and outdoor environments. Air pollution is a major global challenge, a blight that is undoubtedly an existential threat to humanity – data from the World Health Organisation (WHO) show...
The question of whether unrealised foreign exchange gains arising from financial instruments are taxable under Ghana’s tax laws has engendered debate among consultants, practitioners, officers of the Ghana Revenue Authority (GRA), and the general public for some time now. This has become topical following the promulgation of the Income...
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...