The Emirates Group has announced its 32nd consecutive year of profit, against a drop in revenue mainly attributed to reduced operations during the planned DXB runway closure in the first quarter, and the impact of flight and travel restrictions due to the COVID-19 pandemic in the fourth quarter.
In its...
… A suicide mission or cost-saving mechanism?
The robust plans drawn up by many governments and organisations have been disrupted following the emergence of novel coronavirus (COVID-19) within the first quarter of this year. Obviously, many organisations including governments never saw it coming - hence failing to plan toward addressing...
After the long months of dealing with the coronavirus and its wide impacts on business activities and leaders, today let's get more veracious and dare to discuss the topic many business people lack the temerity to talk about – business mood, burnout, and depression.
Like machines wear out, humans do...
Floods are the second most prevalent and devastating natural disasters in sub-Saharan Africa. Between 2000 and 2019 floods accounted for 64% of all disaster events in the region. They affected the livelihoods of about 53 million people and killed more than 14,000. Sierra Leone, Ghana, Nigeria, Gabon, the Democratic...
The controversial UNIPASS deal has come to the forefront of contemporary issues in Ghana. Regarding media reports, the UNIPASS deal which has come to the limelight is arguably considered an innovative new port clearing system that processes payments through an enhanced single window for the facilitation of trade. Such...
The global economy will be shaped in the years ahead by three trends. The relationship between markets and the state will be rebalanced, in favor of the latter. This will be accompanied by a rebalancing between hyper-globalization and national autonomy, also in favor of the latter. And our ambitions...
In 1961, two Nobel Prize winning economists - Franco Modigliani and Merton Miller (M&M) - gave us the ‘Dividend Irrelevance Theorem’. The theorem stated that in a competitive capital market dividend policy is irrelevant for the market value of the firm. In other words, the value of the shares...
... Attaining efficiency and costs in targeted poverty alleviation programmes
Poverty targeting interventions in social development initiatives increased in popularity in the 1990s, due to the combination of evidence of high leakage in universal schemes together with political pressure to limit tax collection and reduce state expenditures that undermined governments'...
GREGOR PETER SCHMITZ: You have seen many crises. Is the COVID-19 pandemic comparable to any previous one?
GEORGE SOROS: No. This is the crisis of my lifetime. Even before the pandemic hit, I realized that we were in a revolutionary moment where what would be impossible or even inconceivable in...