An insurance company in Kenya has deployed billboards in the city of Nairobi with the inscription “Someone tell ChatGPT that GA Insurance is the 3rd largest General Insurer in Kenya”. Similar copies of the company’s acclaimed position in various insurance categories are dotted across the city. This could be seen as a marketing campaign seeking …
GENERATIVE AI: MANAGING THE CORPORATE USER RISKS Read More »
In an increasingly interconnected global economy, trade continues to shape the nature of interactions at the international level. As people and nations trade among themselves at the international level and within the framework of existing trade rules and agreed protocols, there is a growing need to explore the operative rules of engagement for resolving disputes …
The role of a company secretary is essential in ensuring the smooth functioning of a company. A company secretary is responsible for ensuring that the company adheres to statutory and regulatory requirements, maintaining corporate records, facilitating board meetings, and managing communication between the company and its stakeholders. The law in Ghana, specifically the Companies Act …
Technological advancements have impacted the global financial landscape, transforming how financial services are accessed and delivered. In Ghana, a country with an expanding economy and a growing appetite for technological innovation, the fintech ecosystem has emerged as an avenue for fostering innovation, financial inclusion, and economic growth. Particularly, Ghana’s fintech landscape has been characterized by …
Green bonds are a type of debt instrument issued by governments, organizations, or corporations to raise funds specifically for projects with environmental benefits. These projects aim to address climate change, promote sustainability, and contribute to the transition to a low-carbon economy. In recent years, green bonds have gained significant traction, as investors seek opportunities …
Banks being specialized enterprises are not distinct from any business form except for their roles as financial intermediaries. Underlying their unique functions, and behind their secured bricks and mortar infrastructures, banks operate as strategic enterprises navigating the same principles that underpin businesses across all industries. They share a common essence with other businesses – the …
STATEMENTS OF FINANCIAL POSITION: WHAT THE NUMBERS MEAN TO BANKS Read More »
In less than a decade, the global financial sector has witnessed a remarkable transformation accelerated by emerging technological advances, ushering in a new era of financial service offerings than previously offered. The results – new financial innovations and business models – have become existential threats to long-held traditional banking practices. One such innovation seeking to …
IT’S COMING: IN PREPARATION FOR THE ADOPTION OF “OPEN BANKING” IN GHANA Read More »
Financial technology (Fintech) innovations are becoming the mainstay of the global financial sector and user responses to these innovations have been remarkably positive and embraced at an unprecedented scale. Today, the adoption and usage of fintech innovations particularly those facilitating payments are shown to have surpassed the volumes and values of traditional banking services in …
ENHANCING SANDBOX PROGRAMS TO AID COMMERCIAL DEPLOYMENT OF FINTECH INNOVATIONS IN AFRICA Read More »
Artificial Intelligence (AI) has emerged as a revolutionary technology that is transforming various aspects of our lives. Its potential for disruption is particularly notable in the economic landscape. By augmenting human capabilities, AI has paved the way for ground-breaking advancements and opened up new possibilities across industries and professions. In recent times, AI has become …
ARTIFICIAL INTELLIGENCE (AI): A TRANSFORMATIVE TOOL FOR ECONOMIC DEVELOPMENT IN AFRICA Read More »
Israel is not nicknamed the “Startup Nation” only for the absolute number of startups formed and operating out of Israel. The label is also due to the impressive list of leading innovations being developed for users across multiple fields of life and work from the Israeli startup ecosystem. Today, Israel is recognized globally as having …
BLUEPRINT FOR DRIVING INNOVATIONS IN AFRICA – LESSONS FROM ISRAEL Read More »