THE DEBT SITUATION IN GHANA In recent times, the discussion of debt and debt servicing arrangements has dominated our public discussions due to the ongoing efforts by the Government to restructure Ghana’s public debt through what has been described by industry players as “haircuts” under the Domestic Debt Exchange Program (DDEP) and its related initiatives […]

Over the years, the financial sector has been majorly influenced by technological and digital advancements through the adoption of innovative tools and processes in the products and services provided by this sector. Financial Technology (Fintech) powered by technological advances has altered the traditional financial landscape, challenging corporate giants that once dominated the mainstream banking service […]

THE ENERGY WORLD TODAY The turn of the century has brought to the fore, discussions concerning the sweeping changes facing the world as a result of the continued dependence on fossil fuels. Climate change, previously dismissed as a hoax, a sham, and a conspiracy theory, is now a prominent agenda point for discussions on international […]

The deployment of Artificial Intelligence (AI) and Machine Learning (ML) in recent years have greatly impacted our social and economic lives in unimaginable ways.  Individuals, businesses, and industries are relying on the predictive tools of AI and ML (data integration and analysis) to enhance their lives and operations. A survey conducted by McKinsey and Company […]

INTRODUCTION “Money is the oxygen of life” – and rightly so for business enterprises too. An entrepreneur’s long, painstaking yet exciting quest to convert an idea into a product or service and a thriving business requires money. Money in the form of equity or debt has proven to be an important resource for building and […]

INTRODUCTION Businesses are born from the hopes and dreams of their founders. Practical experience, however, has shown that businesses live and die among others by their ability to adapt to changing trends – in the consumer, economic, social, and governmental landscape, etc. A good example is how the outbreak of the Covid-19 pandemic exposed several […]

INTRODUCTION Taxconstitutes by far the most secure, convenient, and reliable means by which governments around the world raise money to finance public expenditures. And for centuries, governments have relied on tax revenues to finance expenditure items such as the payment of public sector compensation, healthcare, security, roads, education, and the provision of social programs. Unless […]

INTRODUCTION The Financial Technology (Fintech) industry has seen meteoric growth over the last two years in Ghana. In line with global trends, innovations democratizing traditional financial services on the back of technological advances continue to improve and automate financial service delivery, drive financial inclusion, and promote the delivery of varied new financial products and services. […]

INTRODUCTION As the year 2022 came to a turbulent end globally, 2023 started on the same and/or even higher note – and the International Monetary Fund (IMF) has warned of a global recession hitting more than one-third of the world’s economy in 2023 amidst tougher economic times. In Ghana, the year 2022 was characterized by […]

Introduction It is Christmas and as usual, Accra is once again a tourist haven and holiday destination for resident Ghanaians, diasporans and other foreigners. On one hand, there is the joy at the plethora or shows and events whose eye-popping billboards are all over town. On the other hand, it’s December again and the ugly […]