I write to grease the call by President Nana Akufo-Addo as the above subject suggests in the 13th of November 2019 issue of the Daily Graphic. Interest rates form the basis of economic activities in every economy, and if handled well propels real economic fortunes; but the reverse will...
Two decades on, the BRICs promise lingers
Without COVID-19, GDP growth in the past decade would have been about 3.6 percent—just below the 3.7 percent experienced in 2000–09. Not bad given all the challenges, and contrary to the mood of pre-pandemic times. Indeed, each decade has witnessed stronger economic growth...
Today, organizations of all shapes and sizes are starting to use digital technology to bypass the limitations of the physical world. New advances in this field allow them to release their products to the market faster, to reach the right customers, while offering a near perfect user experience. Organizations...
– a good risk management strategy
“Challenges are what make life interesting and overcoming them is what makes life meaningful.” – Joshua J. Marine
Dear readers, last week I shared titbits on how morning huddles can be utilized effectively as a risk management tool. Before I continue, I wish to reiterate...
ExxonMobil recently announced a five-year plan to reduce greenhouse-gas emissions and is pumping out ads proclaiming its commitment to a green future. Tobacco giant Philip Morris is touting its plans to help smokers quit. Facebook is calling for new internet regulations. And these moves come less than two years...
There is no doubt that Covid-19 has accelerated digital and technology adoption across the Continent, driving banks and other businesses to fast-track their digital transformation efforts and expedite creation of solid platforms for innovative solutions. One obvious manifestation of this has been the growth of online transactions and ongoing...
Corruption is a disturbing phenomenon confronting many economies across the globe, and more importantly Africa due to its deadly effect on the livelihood of citizens. In fact, corruption can lead to the misallocation of scarce economic resources, thereby depriving the citizens of meaningful development. Corruption can also affect the...
I ended my May 2021 essay with the hypothesis “…leading fintechs might turn around and start acquiring the banks” and, sure enough, on the 12th of May 2021, the Competition Authority of Kenya in a gazette notice approved the acquisition of 84.89% stake in Century Microfinance Bank by Branch...
“When the shadow of a tree is bent, straighten the tree, not the shadow.” – African proverb
Living happens to us, but it is by no means an easy experience. From trying to find meaning to the efforts you put into enjoying your relationships and work, to defining aspirations, handling...
Introduction
African Union Day is what necessitated last week’s (and this week’s) articles and I even forgot to wish it. Better late than never, is it not? So Happy Africa Day!
The day was formerly known as Africa Freedom Day, or Africa Liberation Day. It was good—the change. I never liked...