Category: FEATURES
-
Will Ghana get a factory in every district?
When Nana Addo Dankwa Afufo-Addo, announced a year ago, as the leading opposition contender for the presidency, that if elected to the highest office in Ghana he would ensure that a factory was established in every district, many Ghanaians dismissed his pronouncement as just another heady electoral campaign promise from a man desperate to win…
-
Article: The Banker; service assurance and broken promises
“All you need to do is to open an account with us, run it efficiently for six (6) months and you will be able to access loan facility to improve your home or inject additional capital into your business. Even if your account is not sufficiently funded after successfully running it for months, we will…
-
![Microfinance: Ghana’s situation and what you need to know [Article]](https://citibusinessnews.com/wp-content/uploads/2017/05/microfinance-1.jpg)
Microfinance: Ghana’s situation and what you need to know [Article]
The primary objective of microfinance is to create financial inclusiveness and provide an avenue for the delivery of essential financial services to sections of the society who would otherwise be largely uninvolved or unable to fully access them. Ghana’s microfinance sector has been immensely beneficial to the economy. It has expanded the scope of participation…
-
Article: Your savings account not an investment account
Savings consists of the amount left over when the cost of a person’s consumer expenditure is subtracted from the amount of disposable income he earns in a given period of time,according to Keynesian economics, as quoted by Investopedia. The amount left over is sometimes left in the bank account over a period of time, sometimes over a…
-
![Does Intellectual Property Rights system work in Ghana? [Article]](https://citibusinessnews.com/wp-content/uploads/2017/05/intellectual-property-1.jpg)
Does Intellectual Property Rights system work in Ghana? [Article]
“Does that “thing” work in Ghana? I mean that Intellectual Property thing”, my friend Dzifa asked me innocently. I smiled. It was not an unusual question. Intellectual property generally refers to creations of the mind or intellect. We are all naturally creative, finding solutions to our day-to-day problems. There are some exceptional people among us…
-
Article: Drop the policy rate to stimulate growth
The importance of monetary policy is revered in modern macroeconomics and its prominence in the Ghanaian economy is unchallenged. The Monetary Policy Rate (MPR) is the monetary policy tool of the Bank of Ghana (BoG), and it is the rate at which commercial banks can borrow from the central bank. The MPR is expected to…
-
Fixed Deposits vs Foreign Currency Business-Analysis
The economy of Ghana is saturated in terms of management of funds to the extent that investing in commercial banks’ short term investment is becoming more and more lucrative. The average short term deposit rates of the United States of America and United Kingdom, two of World’s advanced economy’s is less than 1%. However, the…
-
![The Growing Threat of Email Scams to your Business [Article]](https://citibusinessnews.com/wp-content/uploads/2016/06/cyber-1.jpg)
The Growing Threat of Email Scams to your Business [Article]
Overview Today’s digital frontier can be very much likened to the old days of the Wild West. In this present era identified by the ubiquitous nature of the Internet, cybercriminals are calling the shots; blazing new trails of increasing sophistication in cybercrime and profiting unscrupulously off the backs of unsuspecting victims who rarely know what…
-
The performance of the GSE vs T-Bills- Article
The performance of an efficient stock exchange depicts the performance of an economy. Whilst the performance of the stock exchanges in Asia, Europe and the USA is of great concern to their respective authorities and economic managers, the same cannot be said about Ghana. The Ghana Stock Exchange(GSE) has however enjoyed some successes over the…
-
The Business Risk of Cyber Threats to Ghana’s Banking & Financial Systems [Article]
The Cyber Security Threat Landscape Unless you have been living under a rock for the last few years you most certainly have been struck in awe by the overwhelming impact of cyber security breaches in major organizations making the headline news. The cyber threat is a fast growing and rapidly evolving complex phenomenon, which has…