ABSTRACT The purpose of this study is to predict inflation rates for Ghana, based on past exchange rate data. The project was motivated by the instability of general price levels in Ghana and the detrimental effects it has on the economy. The study seeks to determine if inflation rates in Ghana be predicted based on past exchange rate data. Forecasting inflation rates will aid the government to devise more precise policies to tackle the expected rates and assist individuals with contingent pl...
ABSTRACT The development of a derivative securities market in Ghana was studied with the focus on the requisite conditions which form a foundation upon which a successful derivatives market would thrive. The study addressed the availability of participants, the presence or absence of a legal regulatory framework and the possibility of developing a derivatives market. The importance of this study is to provide a platform for which business could unbundle and redistribute risk through hedging, ...
ABSTRACT The human hair industry in Ghana has been on the rise for the past two years and has become extremely profitable. This is because Ghanaian women have gained more knowledge on the use of such extensions. Despite the high costs associated with these extensions, women are still buying them for special occasions and for everyday use. These hair extensions are readily available and all over the market so women have more assess to buying them. Data collected shows that about 70-80% of hair...
ABSTRACT The main purpose of the study was to examine how governance and poverty reduction have been enhanced through decentralisation, with the view to informing future strategies. The study combined different methodologies including a review of existing and relevant data, and qualitative methods such as focus group discussions, and key informant interviews. Data collected during this study were electronically recorded, transcribed, thematically clustered, and reduced to a useable state. T...
ABSTRACT Sponsorship of musical concerts by corporate organisations has over the years become a common practise used to communicate to a specific target group. This approach has helped corporate organisations present themselves to more clients and improve the perception held of the brand. Ghana has over the years experienced this practise of sponsoring musical concerts growing among its organisations. One of such sponsorships that sparked an interest was Stanbic Bank’s sponsorship of Jazz M...
ABSTRACT Travelling to a new environment comes with experiencing new cultures which can lead to cultural shock. Food is one of the factors that causes cultural shock because it differs from one country to another. However, in this interconnected world, experiencing cultural shock because of food can be reduced because countries are now establishing restaurants all over the world where they serve their home meals. The establishment of ethnic restaurants in many parts of the world has made it p...
Abstract Accra has a population of 4 million growing at nearly 4% annually. An increasing population is typically coupled with an increasing demand for paved roads to support motorized transportation. However, this demand for paved roads has not been met. Road transport seems to be the only effective transportation option in Accra as it carries over 70% of passengers. The most common form of public transport by road is the minibus (trotro). Although most people in Accra use the “trotros”,...
Abstract Ghana’s population is ageing at the same time that its extended family system is collapsing. The Ghanaian government is however, not making sufficient efforts to cater for the long-term needs of the elderly. This study therefore proposed the “Old People’s Home” as a solution to elderly care problems and investigated whether it will be a viable business in Ghana. To help achieve this objective, factors that can influence profitability of the Old people’s home in Ghana were i...
ABSTRACT The purpose of this study is to find the effect of performance appraisals on employee motivation and it influences the output of employees and the potential outcome on the firms. The study employs data gathered from face-to-face interviews from two companies. Data were analysed by categorizing the responses from participants and use them to develop themes to answer the research questions. The results of the study showed that performance appraisals do have effects on the motivation of...
ABSTRACT Employee turnover in nearly all organizations worldwide have raised great concern. Rapid exit and entry of employees into an organization presents serious obstacles to organizations in achieving their organizational goals. Employee turnover should be analyzed in order to identify various reasons for people leaving the organization. Thus, the study sought to analyze employee turnover in Opportunity International Savings and Loans Limited (OISL) and to establish its causes, effects a...
ABSTRACT The Mfantseman Community Bank is one of the participating financial institutions through which the Social Investment Fund microfinance was channeled to the poor. Low recovery rate of loans had rather been a great challenge to the bank. However, while the bank complained of the non-payment of loans by beneficiaries, beneficiaries in turn criticised the bank of poor service delivery. Consequent to this, the study sought to examine the role of the Social Investment Fund’s microfinan...
ABSTRACT Maryland Montessori is a school established to give its students a unique learning experience. Equipped with modern infrastructure and highly dedicated teachers, the school has risen to becoming one of the most preferred in Agona Swedru Despite its successes, the school still has to deal with some problems as is the case of many other small enterprises. One of such is poor cash management. With the recurrence of late payments from parents for feeding fees and cash lying idle in the b...
ABSTRACT This study examined the Old and the New Three-Tier pension schemes in Ghana with respect to their respective benefits and extent of coverage specifically in the informal sector. It has become an accepted norm for individuals to have some sort of economic security and assistance after retirement. About 80% percent of the Ghanaian workforce belong to the informal sector hence, the relevance of this study on this particular sect. Even though the study found the New Three-Tier system to ...
Abstract There has been an increase in the number of recruitment agencies in Ghana over the years. The aim of these recruitment agencies is to create the perfect fit between companies and individuals looking for job opportunities. This service is how ever rendered by Human Resource Management (HRM) department in the companies. The company has the option of choosing between the two methods when recruiting: using the services of recruitment agencies or maintain their recruitment activities in-h...
ABSTRACT This study provides insight into the underlying causes of the street hawking phenomenon and evaluates the effectiveness of some intervention programs. Every year in Ghana, large amounts of youth, usually, between the ages of 18 and 25 take to the streets to engage in the hawking business. This represents a large number of our human capital which is largely underutilized; these people lack the basic skills to contribute to nation building and to provide revenue for government by way o...