As one of my brothers,who works at the downstream sector of the industry defined the art, it's a process of mobilizing deposits from people who have savings and lending it out to those who have need for financing at the marku ... read full comment
As one of my brothers,who works at the downstream sector of the industry defined the art, it's a process of mobilizing deposits from people who have savings and lending it out to those who have need for financing at the markup(covering the cost of operations, rewarding those who've provided those deposits and also rewarding the shareholders for taking the risk to set up the lending entity) Profs. rendering is in line with the old ways of doing business bringing products and services outside of the African civilization mainly because the legacy and business model of colonization does not support the growth and development of Africa's ways of life and this includes it's commerce and industry
Accranie 1 year ago
To get a grip of the extent of the issue one has to study the Indian Premier Ghandi to understand how people on the receiving end of Colonization feel about what has happened to them and their way of life. My point is that as ... read full comment
To get a grip of the extent of the issue one has to study the Indian Premier Ghandi to understand how people on the receiving end of Colonization feel about what has happened to them and their way of life. My point is that as both our current Prez. and Prof. Lumumba are advocating it's about time Africans defined for themselves what it means to be an African because as at present it's a story of confusion everwher e one turns. Africans have also had their own way of banking an example is the story of Okonkwo is Mr Achebe's Things Fall Apart book,
Accranie 1 year ago
When He, Okonkwo came of age and had to start life, he couldn't lay claim to the trio
-Inheriting a yam barn
-Inheriting any title his late Father might have procured
-Inheriting The youngest of his Late Fathers wives
S ... read full comment
When He, Okonkwo came of age and had to start life, he couldn't lay claim to the trio
-Inheriting a yam barn
-Inheriting any title his late Father might have procured
-Inheriting The youngest of his Late Fathers wives
So as tradition will have it he had to seek help, to start up his own enterprise(Yam Farming) He got this by consulting a respected elder Stateman who led him to a pillar of their society back then, who agree to lend him the seedlings through a share cropping mechanism. The conversation that transpired leading to He, Okonkwo successfully procuring his seedlings is well documented and i challenge any loan officer to point out the weakness in the system as against similar processes in other parts of theworld
Accranie 1 year ago
So Prof.the task is, how do Africans adopt and tailor this way of lending to meet the needs of the modern way of doing things, apart from it being homegrown it's strikes directly at equity making it more sustainable and not w ... read full comment
So Prof.the task is, how do Africans adopt and tailor this way of lending to meet the needs of the modern way of doing things, apart from it being homegrown it's strikes directly at equity making it more sustainable and not whether one is importing their water from Shajah or New York
GASKIA 1 year ago
I'm confused. Why do banks in Saudi Arabia give loans with interest then?
I'm confused. Why do banks in Saudi Arabia give loans with interest then?
GOLD 1 year ago
OUR LEADERS NEED TO WAKE UP AND STOP BEING SO IGNORANT!!!!!!!
WITH SO MUCH GOD-GIVEN NATURAL RESOURCES,THERE SHOULD BE EFFICIENCY FOR THE BENEFIT OF ALL THE CITIZENS,PERIOD!!!!!!!
MAJORITY OF GHANAIANS ARE CHRISTIANS,IS THE ... read full comment
OUR LEADERS NEED TO WAKE UP AND STOP BEING SO IGNORANT!!!!!!!
WITH SO MUCH GOD-GIVEN NATURAL RESOURCES,THERE SHOULD BE EFFICIENCY FOR THE BENEFIT OF ALL THE CITIZENS,PERIOD!!!!!!!
MAJORITY OF GHANAIANS ARE CHRISTIANS,IS THERE A CHRISTIAN BANKING AND FINANCE OR SOMETHING SIMILAR???????
Kofi K. 1 year ago
Education has a lot of disadvantages too! The yardstick to measure Islamic banking is Abraham's time? Hope the honorarium was good Prof.
Education has a lot of disadvantages too! The yardstick to measure Islamic banking is Abraham's time? Hope the honorarium was good Prof.
Macgordon Akosenaba 1 year ago
So we can have a Hindu banking, Christian banking Traditional worshippers banking Catholic banking, Protestant banking Akan kuo banking?
So we can have a Hindu banking, Christian banking Traditional worshippers banking Catholic banking, Protestant banking Akan kuo banking?
This morning is something else
As one of my brothers,who works at the downstream sector of the industry defined the art, it's a process of mobilizing deposits from people who have savings and lending it out to those who have need for financing at the marku ...
read full comment
To get a grip of the extent of the issue one has to study the Indian Premier Ghandi to understand how people on the receiving end of Colonization feel about what has happened to them and their way of life. My point is that as ...
read full comment
When He, Okonkwo came of age and had to start life, he couldn't lay claim to the trio
-Inheriting a yam barn
-Inheriting any title his late Father might have procured
-Inheriting The youngest of his Late Fathers wives
S ...
read full comment
So Prof.the task is, how do Africans adopt and tailor this way of lending to meet the needs of the modern way of doing things, apart from it being homegrown it's strikes directly at equity making it more sustainable and not w ...
read full comment
I'm confused. Why do banks in Saudi Arabia give loans with interest then?
OUR LEADERS NEED TO WAKE UP AND STOP BEING SO IGNORANT!!!!!!!
WITH SO MUCH GOD-GIVEN NATURAL RESOURCES,THERE SHOULD BE EFFICIENCY FOR THE BENEFIT OF ALL THE CITIZENS,PERIOD!!!!!!!
MAJORITY OF GHANAIANS ARE CHRISTIANS,IS THE ...
read full comment
Education has a lot of disadvantages too! The yardstick to measure Islamic banking is Abraham's time? Hope the honorarium was good Prof.
So we can have a Hindu banking, Christian banking Traditional worshippers banking Catholic banking, Protestant banking Akan kuo banking?