Suchergebnisse

Non-governmental organizations (NGOs) in Ghana have a history of being short-lived. However, Young Men's Christian Association (YMCA) Ghana, on the other hand has achieved notable success by impacting millions of lives over 50 years of working in Ghana. Apparently, this research investigates into the key financial management practices of NGOs in Ghana using the case of YMCA Ghana. The study revealed that, the quality of Financial Management staff and their responsibility are the most effective financial management indicator in YMCA Ghana amongst all the other well-functioning indicators. Nevertheless, it is evident in the study that the challenge YMCA Ghana faces in its financial management practice is irregular external audit review of financial and accounting data. Therefore, it is recommended that frequent subscription for external audit services should be established in NGOs and also, cost effective monitoring, evaluation, accountability and learning (MEAL) programme management framework should be adopted by NGOs in Ghana.

BACKGROUND: Cannabis is one of humanity's oldest crops with several uses, from food to clothing and medicine. It remains one of the most controversial crops whose production, possession, and usage are regulated differently across jurisdictions. Academic research and advocacy have resulted in the redefinition of the legal status of cannabis in several countries. Ghana recently reviewed its laws on cannabis, allowing for the cultivation of industrial hemp. The legislation paves the way for Ghana to benefit from industrial hemp and include it in the agricultural cash crop list. This paper looks at the economic prospects of industrial hemp in the wake of the new law. METHODS: A systematic electronic research was conducted to identify journal articles, reports, news, blogs, and other relevant materials on cannabis, marijuana, and industrial hemp. The electronic search was done primarily on Google, Google Scholar, Bing, and "Baidu Xueshi" to identify cannabis-related publications. The search was expanded beyond Ghana to find other perspectives on cannabis. The search began in January 2020 on Google using search terms like "cannabis in Ghana" and "which countries have legal cannabis." Materials on history, financial prospects, industrial uses, and legislations on cannabis and industrial hemp were reviewed. RESULTS: Existing research on cannabis in Ghana has focused on the psychotic effects of cannabis other than its industrial aspects, which has potentials for the economy. Industrial hemp has CBD with no psychotic effects and is very useful in making medicine, paper, and textiles. Ghana has both the land and workforce to produce hemp to feed local industries and the international market. CONCLUSION: The new legislation can put Ghana in a position to benefit from the current cannabis industry. Therefore, policymakers should implement a registration regime that would favor local investors and farmers to reduce illegal production. The regulatory framework should establish a well-equipped agency that will supervise ...

AbstractThis paper adopts a micro‐level analysis to assess the effect of aid from China and the World Bank on the wealth of locals residing near aid project sites. We match geospatial data on aid projects financed by China and the World Bank in 35 African countries between 2008 and 2014 to respondents from rounds 5 and 6 of the Afrobarometer survey. The results indicate that aid from these two donors increases the wealth of the local population. Our transmission mechanism test suggests that aid impacts wealth by promoting employment opportunities.

Small and medium-sized enterprises (SMEs) are one of the buoyant businesses in the global economy with abundant resources that have not been fully exploited. Despite several revelations on the challenges of SMEs, little to none have comprehensively captured financial factors affecting the performance of SMEs, particularly, in the Kenyan leather sector. This study explores financial factors that are affecting the performance of SMEs using the case of the leather industry sector in Kenya. The study data was collected by administering questionnaires to 300 respondents who were randomly chosen from SMEs within Kenyan leather sector. The study found that financial literacy, credit access and tax are statistically significant financial factors affecting the performances of SMEs. As a result, the study recommends that Government should increase its commitment to develop SMEs by offering favorable tax rates and tax exemptions to SMEs especially those in the leather sector of Kenya. Also, SMEs should heighten their financial literacy which will help augment their access to credit. ; Las pequeñas y medianas empresas (PYMES) son uno de los negocios más boyantes de la economía mundial, con abundantes recursos que no han sido explotados en su totalidad. A pesar de las diversas publicaciones sobre los retos de las PYME, casi ninguna ha captado de forma exhaustiva los factores financieros que afectan al rendimiento de las PYME, en particular, en la industria del cuero en Kenia. Al parecer, este estudio explora los factores financieros que afectan al rendimiento de las PYME utilizando el caso del sector de la industria del cuero en Kenia. Los datos del estudio se recogieron mediante la administración de cuestionarios a 300 encuestados elegidos al azar entre las PYME del sector del cuero de Kenia. El estudio concluyó que los conocimientos financieros, el acceso al crédito y los impuestos son factores financieros estadísticamente significativos que afectan a los resultados de las PYME. En consecuencia, el estudio recomienda que el Gobierno aumente su compromiso con el desarrollo de las PYME ofreciendo tipos impositivos favorables y exenciones fiscales a las PYME, especialmente a las del sector del cuero de Kenia. Además, las PYME deberían aumentar sus conocimientos financieros, lo que contribuiría a aumentar su acceso al crédito.

[ENG] Small and medium-sized enterprises (SMEs) are one of the buoyant businesses in the global economy with abundant resources that have not been fully exploited. Despite several revelations on the challenges of SMEs, little to none have comprehensively captured financial factors affecting the performance of SMEs, particularly, in the Kenyan leather sector. This study explores financial factors that are affecting the performance of SMEs using the case of the leather industry sector in Kenya. The study data was collected by administering questionnaires to 300 respondents who were randomly chosen from SMEs within Kenyan leather sector. The study found that financial literacy, credit access and tax are statistically significant financial factors affecting the performances of SMEs. As a result, the study recommends that Government should increase its commitment to develop SMEs by offering favorable tax rates and tax exemptions to SMEs especially those in the leather sector of Kenya. Also, SMEs should heighten their financial literacy which will help augment their access to credit. ; [SPA] Las pequeñas y medianas empresas (PYMES) son uno de los negocios más boyantes de la economía mundial, con abundantes recursos que no han sido explotados en su totalidad. A pesar de las diversas publicaciones sobre los retos de las PYME, casi ninguna ha captado de forma exhaustiva los factores financieros que afectan al rendimiento de las PYME, en particular, en la industria del cuero en Kenia. Al parecer, este estudio explora los factores financieros que afectan al rendimiento de las PYME utilizando el caso del sector de la industria del cuero en Kenia. Los datos del estudio se recogieron mediante la administración de cuestionarios a 300 encuestados elegidos al azar entre las PYME del sector del cuero de Kenia. El estudio concluyó que los conocimientos financieros, el acceso al crédito y los impuestos son factores financieros estadísticamente significativos que afectan a los resultados de las PYME. En consecuencia, el estudio recomienda que el Gobierno aumente su compromiso con el desarrollo de las PYME ofreciendo tipos impositivos favorables y exenciones fiscales a las PYME, especialmente a las del sector del cuero de Kenia. Además, las PYME deberían aumentar sus conocimientos financieros, lo que contribuiría a aumentar su acceso al crédito.