On April 21, 2023, at the Induction Ceremony organised by the Chartered Institute of Supply Chain Management, Prof. Douglas Boateng (also the founder and patron of MYO Global) was invited to speak at the event as the keynote speaker. His presentation was filled with in-depth knowledge of the field of supply chain management and its...
Speaking at the second edition of the Pan Africa Lecture organised at GIMPA in Accra, Professor Douglas Boateng, Board Chairman of the Minerals Income Investment Fund (MIIF) and Founder of PanAvest International and Partners, urged Ghanaians and Africans, in general, to be cautious of procurement sourcing and to develop a positive mindset toward promoting the...
Since the industrial revolution of the 19th century, countries around the world have continued to drive industrialisation as a core component of their socio-economic development. Notwithstanding significant industrialisation in African countries following independence, a continued lack of strong industries has resulted in a reliance on foreign imports, commodity exports, and a continuation of widespread unemployment,...
Negotiations happen all around us. They occur every day in business, in the workplace, in politics and in any general situation where more than one outcome is possible and different parties have interests in those outcomes. Hence the need for negotiations to become a core competence among emerging world business leaders and policymakers. In business,...
Truth be told! Yes, we have the natural resources and minerals!. However “they” currently have the cash to fund our industrialisation and local value addition agenda!. Is it in their immediate to long-term interests for us to industrialize to aid local value addition to our own resources and minerals? What are the implications for the...
👉🏿PROVERBS 11:25 is clear! Truth be told, you definitely get rewarded when you genuinely assist a fellow human being! A gentle reminder that not only those living in poverty need help! Due to amongst others “trust issues”, there are lots of “powerful, rich and relatively well-off citizenries ” that are amongst others very lonely, unhappy...
The Board of directors as rightly pointed out by Charan R. Holcomb J.M. Useem M. are supposed to monitor and not manage. The role can be rewarding, challenging and also risky. Today, the relationship between board-level risks and rewards especially in publicly quoted companies and state-owned entities are ever-changing and under intense public scrutiny. Despite...
A director according to the UK and South Africa’s Companies Acts, Dodd-Frank, King IV and Sarbanes-Oxley Reports is a person who by any title undertakes that role by offering relevant directional input and guidance. The Institute of Directors Ghana, best practice guide (pp.27) states that a director is “any person occupying the position of a...
Directors of a board are entrusted with responsibilities and powers that are deemed essential to the overall success of the company. Hence the need as expressed by amongst others, Kaler J and King M for accountability, responsibility and governance to be linked. Accountability as succinctly pointed out by Fisher E, Kaler J, the Cadbury Dodd-Frank,...
Across Africa, governments continue to battle the effects of the second wave of the novel coronavirus infections and the COVID-19 disease. The continent has so far relatively escaped the cataclysmic consequences of the pandemic afflicting various societies around the globe. Ghana, which has recorded just under 70000 cases to date, is no different. Despite the...
Despite the positive economic growth and development in Ghana and selected countries in Africa, director accountability and governance continue to be a topical issue on the continent. Never before in the post-independence era has executive and non-executive directors face several accusations and challenges in relation to their fiduciary accountability and governance duties in their respective...
A company secretary forms an important part of an organisations’ management and supervisory functions and plays an essential role in facilitating good governance. Today, it is a requirement by law for all organisations operating under the Companies Act ( e.g. ACT 992-2019-Ghana ) to have a qualified and experienced company secretary. The company secretary may...
Directors of a board are entrusted with responsibilities and powers that are deemed essential to the overall success of the company. Hence the need as expressed by amongst others, Kaler J and King M for accountability, responsibility and governance to be linked. Accountability as succinctly pointed out by Fisher E, Kaler J, the Cadbury Dodd-Frank,...
The board is responsible for protecting shareholders’ interests, providing oversight and also making decisions that are in the best interest of its stakeholders. Through independence of judgement, its duly authorised members are expected to provide thought-leading knowledge, expertise and experience to the board. According to various Companies Acts (including Ghana’s ACT 992), members of the...
The board of a public or private organisation is responsible for setting the policy and direction of an organisation and driving its success. A director as defined in the UK, Ghana, United States Company’s Act, and governance guidelines is anyone who carries out the role of directing a body corporate to legally and ethically meet...
