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AFRICA GLOBAL FINANCE AND ACCOUNT SUMMIT 2019

 GODPHRAIM INTEGRATED SERVICES (GIS) NIGERIA

In Association with

WORLD ACADEMY OF INFORMATICS AND MANAGEMENT SCIENCES (WAIMS) INDIA

and

ASIA AFRICA DEVELOPMENT COUNCIL (ADCO)

 

 

Present

 

 

1ST AFRICA GLOBAL FINANCE AND ACCOUNT SUMMIT 2019

 

Venue:        Benue Hotels and Resort,

5/7 Ahmedu Bello Way, Old GRA, Makurdi, Benue State, Nigeria

Date:          20-22 November, 2019

Theme:

Digital Currency – Unlocking Opportunities of Financial Technologies and Cryptocurrency

Sub-Themes:

  • Traditional financial methods and the disrupts,
  • Technological innovation in financial services,
  • Organizations (Government, Business Entities and NGOs) and services,
  • Digital Employment of citizens,
  • e-Commerce,
  • Literacy drive,
  • FinTech (Financial Technology) intervention in Africa,
  • Cybercrime/cyber security,
  • Benefits of financial technologies and doing business, and
  • Sustainable Economic Growth and Development.

 About the Summit

Financial Technologies (FinTech) has been around virtually as long as the financial services industry itself. But since the economic meltdown of 2008, a new breed of disruptors has displaced traditional economic providers with more efficient services.

Digital Currency emerge from FinTech and is a money balance recorded electronically on a store value card or other devices. The innovative technology is inclusive of software, platform, mobile technology, internet, etc. and is design to deliver financial services and products to customers. The application of FinTech cut across multiple business segments, including lending, advisory, investment management and payment etc.

FinTech holds boundless potentials. As new tools and technologies are challenged, financial services can be provided with greater speed, accountability, and efficiency. The benefits of FinTech to doing of business in Africa considering the digital information edge cannot be overemphasized as both startups and traditional finance companies are active for the innovative technology.

Summit Objectives

To converge or gather researchers, practitioners, professionals, financial and economic experts to a round table for a design thinking and discussion toward improving and developing a more resilient, competitive and dynamic financial system with best practices, that supports and contributes positively to the growth and development of African economy through the economic cycle, and has a core or strong and forward looking domestic financial institution that is more technology driven and ready to face the challenges of liberalization and globalization.

Why the Summit

  • To review and analyze how tailored financial technologies (FinTech) could be design for the African business environment as most of the digital tools are adopted from develop economies and there features are not fully utilized with heavy cost implication,
  • To analyze the Dynamics of Innovation in the field of Accounting, Finance and Technology,
  • Deliberations from Eminent World Class Researchers,
  • Identify and analyze real time risk decision making,
  • Avenue for design thinking by experts, practitioners and professionals to improve Financial Technologies,
  • To analyze responses on Regulatory Technology (RegTech), one of the area in FinTech that has gain more debts ever in the history of the new innovation,
  • To understand the Role of Innovation in Skill Development in relation to Sustainable Development,
  • Opportunity to Establish International Collaborations.

Highlights of the Summit

  • Penal Discussion Section on Topic:

Development and Advancement of FinTech Ecosystem in Africa,

  • Technical Discussion Section on Topic:

Emerging Technologies and Future of Agricultural Practice: Case of Benue Valley,

  • B2B Networking,
  • High End Networking, and
  • Award Night (3 best paper presenters) and Gala Dinner (Live Performance).

Special Attraction

Business Exhibition: Organizations willing to exhibit their products/services should contact us through e-mail agfasummit@yahoo.com (copy: orshite@gmail.com) as limited spaces are available.

In addition to its well-packaged, knowledge-driven technical sessions to be facilitated by seasoned experts, the 3 day summit will enable participants to network and exchange ideas with foreign delegates, professional colleagues and other participants from different countries as well as leverage the opportunity to hone their skills for excellent performance.

It will also afford participants the opportunity to visit Nigeria and Benue State in particular, the Food Basket of the Nation, with its exotic agricultural endowment, rich cultural heritage and beautiful sites like River Benue.

The summit will end with Award Night and Gala Dinner inclusive of award presentation and live performance.

Target Participants

Participation and contributions are sought from researchers globally to ensure the scope of the summit. Target communities include, Professional Accountants, Auditors, Regulators, Chief Executives, Industrialists, Entrepreneurs, Business Leaders, Government Officials, Leaders and Members of various Chambers of Commerce, Consultants, Accounts and Financial Directors, Economic and Financial analysts, Investment Managers, Policy and Decision Makers, Researchers, Developmental Organizations, Members of the Academia and other professionals.

Call for Papers

We invite researchers, academicians and practitioners to submit research papers linked to the theme of the summit on “Digital Currency – Unlocking Opportunities of Financial Technologies and Cryptocurrency”.

Sub-Themes:

  • Traditional financial methods and the disrupts,
  • Technological innovation in financial services,
  • Organizations (Government, Business Entities and NGOs) and services,
  • Digital Employment of citizens,
  • e-Commerce,
  • Literacy drive,
  • FinTech (Financial Technology) intervention in Africa,
  • Cybercrime/cyber security,
  • Benefits of financial technologies and doing business, and
  • Sustainable Economic Growth and Development.

Deadline for submission of papers for review is 22nd September, 2019.

 Guidelines for papers:

  • Abstract should be limited to a maximum of 300 words with not more than 6 key words;
  • Full paper should not be more than 7,000 words (Microsoft word);
  • The paper should be written in English, using MS Word, Times New Roman 12 Point font, should be double-spaced, with “1” margin on all four sides.
  • Submission of full paper should include; paper title, abstract, keywords and references in APA reference style (Version 6).
  • Authors should clearly state their mailing address, telephone numbers and e-mail address (Corresponding author should be stated, in case of multiple authorship)
  • The paper will be blind reviewed and will be evaluated on different parameters such as originality, relevance, applicability and Contribution. Only those approved by the reviewers will be selected for conference presentation and publication.
  • Author would have to certify that the material is unpublished, as well as original.

Submission of papers and registration form should be through e-mail only agfasummit@yahoo.com (copy: orshite@gmail.com)

Publication

All Papers with research focus will be selected for publication. Outstanding papers will be published in the following prestigious Journal and Magazine with additional publication cost:

  1. Endeavor Magazine –  INDIA (International Magazine of Business and Finance),
  2. Africa Global Journal of Enterprise and Innovative Sciences – NIGERIA (Academic Journal of Education, Management, Business, Finance, Technology & Innovative Sciences).

An Assessment fee of N4,000 and Publication fee of N13,000 (Total N17,000 for Nigeria and $60 for Foreigners) will be paid by authors at the acceptance of their papers. Notification will be given for the payment. The Summit strives to ensure that quality research related to all fields of business, finance and FinTech are published and shared globally.

 Summit Participation Fee

Nigeria Delegate   –        N37,000

Foreign Delegate  –        $100

Payment and Registration

All payment (Summit Participation and Papers Publication) should be made in the name of:

Godphraim Integrated Services

Account Number:           1016356752

Bank:                               Zenith Bank

Branch:                           Wurukum, Makurdi, Benue State, Nigeria

Important Dates:

  1. Deadline for submission of papers for review 22/09/2019
  2. Notification of acceptance/rejection 20/10/2019
  3. Deadline for submission of reverse/corrected papers 3/11/2019
  4. Arrival and registration 19/11/2019
  5. Conference activities 20-22/11/2019

Accommodation

Accommodation is available at the Benue Hotels and Resort (address below), venue of the summit. Participants are free to arrange their accommodation or liaise with our contacts for arrangement of their accommodation.

Benue Hotels and Resort

Address:     5/7 Ahmedu Bello Way, Old GRA, Makurdi, Benue State, Nigeria

Email:         benuehotelsmkd@gmail.com

Web:           http://www.benuehotelsandresort.com

Sponsorship and Partnership Opportunities

Africa Global Finance and Account Summit (AGFAS) will bring together business leaders, decision makers and influencers from across the globe. A range of opportunities is available for organizations, companies, and interested individuals to be part of the events.

We are always happy to hear from corporate entities and individuals who would benefits meeting and building relationships with our guests to grow their businesses.

We can offer:

  • Partnership production of bespoke events,
  • Speaking opportunities in plenary sessions and workshops
  • Exhibition space to increase awareness and/or demonstrate work and products,
  • Ample contact time during the refreshment break and lunch for relationship building,
  • Pre or post event mail outs
  • Co-branding across all events materials,
  • Insert of organizational materials in the summit folders etc.

Connect your business with our Community, as our events are topic driven and have a specific target audience. The summit offers a unique opportunity to introduce the right people to your organization.

We are also happy to build bespoke packages to ensure your participation is tailored to you. Contact us for details regarding our sponsorship options and partnership opportunities. Also, ask us about the exceptional value we can deliver to your company or organization.

Contact us on the following email agfasummit@yahoo.com (copy: orshite@gmail.com)

Advertisement Opportunity

Africa Global Finance and Account Summit (AGFAS) offer your organization opportunity to connect with target audience anywhere at any time via unrivalled, worldwide audience and readers of the “International Magazine of Business and Finance (The Endeavor Magazine) and The Africa Global Journal of Enterprise and Innovative Sciences.

There is also opportunity for advert placement in our summit brochure. All designs and layouts have to be given by advertisers. Advert artwork should be prepared in pdf or jpg format ONLY.

For more information on advertising opportunities or to receive a media kit or a quote, please contact on email agfasummit@yahoo.com (copy: orshite@gmail.com) as limited spaces are available.

 HOST

Prof (Dr) Ripu Ranjan Sinha

President, World Academy of Informatics and Management Sciences (WAIMS) India

Phone:   +919602570498

Email:    drsinhacs@gmail.com

Orshi Terhemba Ephraim AAT, ACILRM, ACA

Summit Chairman

Phone:   +2348063569341

Email:    godphraim12@yahoo.com

Address for Communication

Orshi Terhemba Ephraim AAT, ACILRM, ACA

Godphraim Integrated Services (GIS)

Computer Village, Behind Pleasure Travels Park, Wurukum, Makurdi, Benue State, Nigeria

Phone:        +2348063569341

+2348094860494

Email:         godphraim12@yahoo.com

orshite@gmail.com

Website:      http://www.godphraim.com

For enquiries or any communication, please contact any of the following:

Orshi Terhemba Ephraim                 +2348063569341, godphraim12@yahoo.com

Tyohee Doosuur Felicity                   +2348172363336, tyoheefeli@gmail.com

Prof (Dr) Ripu Ranjan Sinha   +919602570498,   drsinhacs@gmail.com

All intending participants are encouraged to always log-on to the AGFAS 2019 website (www.godphraim.com) for up to date information on the summit.

 

JOIN US AS SPEAKER, PANELIST, PARTNER, SPONSOR, AND ADVERTISE WITH US

AFRICA GLOBAL FINANCE AND ACCOUNT SUMMIT” (AGFAS) 2019
(A Global Financial Digital Summit)

Notice is hereby given for submission of papers, articles and participation for a Global Financial Digital Summit (AGFAS 2019).
There is also opportunity for partnership, sponsorship, advertisements, and lots more.

Venue: Benue Hotels and Resort, Makurdi, Benue State, Nigeria.

Date: 20-22 November 2019

For details information, contact:
Orshi Terhemba Ephraim AAT, ACILRM, ACA
Phony: +2348063569341 & +2348094860494
Email: agfasummit@gmail.com (copy: orshite@gmail.com)

 

GODPHRAIM INTEGRATED SERVICES (GIS) NIGERIA

In Association with

WORLD ACADEMY OF INFORMATICS AND MANAGEMENT SCIENCES (WAIMS) INDIA

and

ASIA AFRICA DEVELOPMENT COUNCIL (ADCO)

 

 

Present

 

 

1ST AFRICA GLOBAL FINANCE AND ACCOUNT SUMMIT 2019

 

Venue:        Benue Hotels and Resort,

5/7 Ahmedu Bello Way, Old GRA, Makurdi, Benue State, Nigeria

Date:          20-22 November, 2019

Theme:

Digital Currency – Unlocking Opportunities of Financial Technologies and Cryptocurrency

Sub-Themes:

  • Traditional financial methods and the disrupts,
  • Technological innovation in financial services,
  • Organizations (Government, Business Entities and NGOs) and services,
  • Digital Employment of citizens,
  • e-Commerce,
  • Literacy drive,
  • FinTech (Financial Technology) intervention in Africa,
  • Cybercrime/cyber security,
  • Benefits of financial technologies and doing business, and
  • Sustainable Economic Growth and Development.

 

About the Summit

Financial Technologies (FinTech) has been around virtually as long as the financial services industry itself. But since the economic meltdown of 2008, a new breed of disruptors has displaced traditional economic providers with more efficient services.

Digital Currency emerge from FinTech and is a money balance recorded electronically on a store value card or other devices. The innovative technology is inclusive of software, platform, mobile technology, internet, etc. and is design to deliver financial services and products to customers. The application of FinTech cut across multiple business segments, including lending, advisory, investment management and payment etc.

FinTech holds boundless potentials. As new tools and technologies are challenged, financial services can be provided with greater speed, accountability, and efficiency. The benefits of FinTech to doing of business in Africa considering the digital information edge cannot be overemphasized as both startups and traditional finance companies are active for the innovative technology.

Summit Objectives

To converge or gather researchers, practitioners, professionals, financial and economic experts to a round table for a design thinking and discussion toward improving and developing a more resilient, competitive and dynamic financial system with best practices, that supports and contributes positively to the growth and development of African economy through the economic cycle, and has a core or strong and forward looking domestic financial institution that is more technology driven and ready to face the challenges of liberalization and globalization.

Why the Summit

  • To review and analyze how tailored financial technologies (FinTech) could be design for the African business environment as most of the digital tools are adopted from develop economies and there features are not fully utilized with heavy cost implication,

 

 

  • To analyze the Dynamics of Innovation in the field of Accounting, Finance and Technology,
  • Deliberations from Eminent World Class Researchers,
  • Identify and analyze real time risk decision making,
  • Avenue for design thinking by experts, practitioners and professionals to improve Financial Technologies,
  • To analyze responses on Regulatory Technology (RegTech), one of the area in FinTech that has gain more debts ever in the history of the new innovation,
  • To understand the Role of Innovation in Skill Development in relation to Sustainable Development,
  • Opportunity to Establish International Collaborations.

Highlights of the Summit

  • Penal Discussion Section on Topic:

Development and Advancement of FinTech Ecosystem in Africa,

  • Technical Discussion Section on Topic:

Emerging Technologies and Future of Agricultural Practice: Case of Benue Valley,

  • B2B Networking,
  • High End Networking, and
  • Award Night (3 best paper presenters) and Gala Dinner (Live Performance).

Special Attraction

Business Exhibition: Organizations willing to exhibit their products/services should contact us through e-mail agfasummit@gmail.com (copy: orshite@gmail.com) as limited spaces are available.

In addition to its well-packaged, knowledge-driven technical sessions to be facilitated by seasoned experts, the 3 day summit will enable participants to network and exchange ideas with foreign delegates, professional colleagues and other participants from different countries as well as leverage the opportunity to hone their skills for excellent performance.

It will also afford participants the opportunity to visit Nigeria and Benue State in particular, the Food Basket of the Nation, with its exotic agricultural endowment, rich cultural heritage and beautiful sites like River Benue.

The summit will end with Award Night and Gala Dinner inclusive of award presentation and live performance.

Target Participants

Participation and contributions are sought from researchers globally to ensure the scope of the summit. Target communities include, Professional Accountants, Auditors, Regulators, Chief Executives, Industrialists, Entrepreneurs, Business Leaders, Government Officials, Leaders and Members of various Chambers of Commerce, Consultants, Accounts and Financial Directors, Economic and Financial analysts, Investment Managers, Policy and Decision Makers, Researchers, Developmental Organizations, Members of the Academia and other professionals.

Call for Papers

We invite researchers, academicians and practitioners to submit research papers linked to the theme of the summit on “Digital Currency – Unlocking Opportunities of Financial Technologies and Cryptocurrency”.

Sub-Themes:

  • Traditional financial methods and the disrupts,
  • Technological innovation in financial services,
  • Organizations (Government, Business Entities and NGOs) and services,
  • Digital Employment of citizens,
  • e-Commerce,
  • Literacy drive,
  • FinTech (Financial Technology) intervention in Africa,
  • Cybercrime/cyber security,
  • Benefits of financial technologies and doing business, and
  • Sustainable Economic Growth and Development.

Deadline for submission of papers for review is 22nd September, 2019.

Guidelines for papers:

  • Abstract should be limited to a maximum of 300 words with not more than 6 key words;
  • Full paper should not be more than 7,000 words (Microsoft word);
  • The paper should be written in English, using MS Word, Times New Roman 12 Point font, should be double-spaced, with “1” margin on all four sides.
  • Submission of full paper should include; paper title, abstract, keywords and references in APA reference style (Version 6).
  • Authors should clearly state their mailing address, telephone numbers and e-mail address (Corresponding author should be stated, in case of multiple authorship)
  • The paper will be blind reviewed and will be evaluated on different parameters such as originality, relevance, applicability and Contribution. Only those approved by the reviewers will be selected for conference presentation and publication.
  • Author would have to certify that the material is unpublished, as well as original.

Submission of papers and registration form should be through e-mail only agfasummit@gmail.com (copy: orshite@gmail.com)

Publication

All Papers with research focus will be selected for publication. Outstanding papers will be published in the following prestigious Journal and Magazine with additional publication cost:

  1. Endeavor Magazine –  INDIA (International Magazine of Business and Finance),
  2. International Journal of Enterprise and Innovative Sciences – NIGERIA (Academic Journal of Education, Management, Business, Finance, Technology & Innovative Sciences).

An Assessment fee of N4,000 and Publication fee of N13,000 (Total N17,000 for Nigeria and $60 for Foreigners) will be paid by authors at the acceptance of their papers. Notification will be given for the payment. The Summit strives to ensure that quality research related to all fields of business, finance and FinTech are published and shared globally.

Summit Participation Fee

Nigeria Delegate   –        N37,000

Foreign Delegate  –        $100

Payment and Registration

All payment (Summit Participation and Papers Publication) should be made in the name of:

Godphraim Integrated Services

Account Number:           1016356752

Bank:                                       Zenith Bank

Branch:                           Wurukum, Makurdi, Benue State, Nigeria

Important Dates:

  1. Deadline for submission of papers for review 22/09/2019
  2. Notification of acceptance/rejection 20/10/2019
  3. Deadline for submission of reverse/corrected papers 3/11/2019
  4. Arrival and registration 19/11/2019
  5. Conference activities 20-22/11/2019

Accommodation

Accommodation is available at the Benue Hotels and Resort (address below), venue of the summit. Participants are free to arrange their accommodation or liaise with our contacts for arrangement of their accommodation.

Benue Hotels and Resort

Address:     5/7 Ahmedu Bello Way, Old GRA, Makurdi, Benue State, Nigeria

Email:         benuehotelsmkd@gmail.com

Web:           http://www.benuehotelsandresort.com

Sponsorship and Partnership Opportunities

Africa Global Finance and Account Summit (AGFAS) will bring together business leaders, decision makers and influencers from across the globe. A range of opportunities is available for organizations, companies, and interested individuals to be part of the events.

We are always happy to hear from corporate entities and individuals who would benefits meeting and building relationships with our guests to grow their businesses.

We can offer:

  • Partnership production of bespoke events,
  • Speaking opportunities in plenary sessions and workshops
  • Exhibition space to increase awareness and/or demonstrate work and products,
  • Ample contact time during the refreshment break and lunch for relationship building,
  • Pre or post event mail outs
  • Co-branding across all events materials,
  • Insert of organizational materials in the summit folders etc.

Connect your business with our Community, as our events are topic driven and have a specific target audience. The summit offers a unique opportunity to introduce the right people to your organization.

We are also happy to build bespoke packages to ensure your participation is tailored to you. Contact us for details regarding our sponsorship options and partnership opportunities. Also, ask us about the exceptional value we can deliver to your company or organization.

Contact us on the following email agfasummit@gmail.com (copy: orshite@gmail.com)

Advertisement Opportunity

Africa Global Finance and Account Summit (AGFAS) offer your organization opportunity to connect with target audience anywhere at any time via unrivalled, worldwide audience and readers of the “International Magazine of Business and Finance (The Endeavor Magazine) and The Africa Global Journal of Enterprise and Innovative Sciences.

There is also opportunity for advert placement in our summit brochure. All designs and layouts have to be given by advertisers. Advert artwork should be prepared in pdf or jpg format ONLY.

For more information on advertising opportunities or to receive a media kit or a quote, please contact on email agfasummit@gmail.com (copy: orshite@gmail.com) as limited spaces are available.

Address for Communication

Orshi Terhemba Ephraim AAT, ACILRM, ACA

Godphraim Integrated Services (GIS)

Computer Village, Behind Pleasure Travels Park, Wurukum, Makurdi, Benue State, Nigeria

Phone:        +2348063569341

+2348094860494

Email:         godphraim12@yahoo.com

orshite@gmail.com

Website:      http://www.godphraim.com

 

 

For enquiries or any communication, please contact any of the following:

Orshi Terhemba Ephraim                 +2348063569341, godphraim12@yahoo.com

Tyohee Doosuur Felicity                   +2348172363336, tyoheefeli@gmail.com

Prof (Dr) Ripu Ranjan Sinha   +919602570498,   drsinhacs@gmail.com

All intending participants are encouraged to always log-on to the AGFAS 2019 website (www.godphraim.com) for up to date information on the summit.

 

JOIN US AS SPEAKER, PANELIST, PARTNER, SPONSOR, AND ADVERTISE WITH US

AFRICA GLOBAL FINANCE AND ACCOUNT SUMMIT” (AGFAS) 2019
(A Global Financial Digital Summit)

Notice is hereby given for submission of papers, articles and participation for a Global Financial Digital Summit (AGFAS 2019).
There is also opportunity for partnership, sponsorship, advertisements, and lots more.

Venue: Benue Hotels and Resort, Makurdi, Benue State, Nigeria.

Date: 20-22 November 2019

For details information, contact:
Orshi Terhemba Ephraim AAT, ACILRM, ACA
Phony: +2348063569341 & +2348094860494
Email: agfasummit@gmail.com (copy: orshite@gmail.com)

 

1ST AFRICA GLOBAL FINANCE AND ACCOUNT SUMMIT 2019

1ST AFRICA GLOBAL FINANCE AND ACCOUNT SUMMIT 2019

 

Venue:        Benue Hotels and Resort,

5/7 Ahmedu Bello Way, Old GRA, Makurdi, Benue State, Nigeria

Date:          20-22 November, 2019

Theme:

Digital Currency – Unlocking Opportunities of Financial Technologies and Cryptocurrency

Sub-Themes:

  • Traditional financial methods and the disrupts,
  • Technological innovation in financial services,
  • Organizations (Government, Business Entities and NGOs) and services,
  • Digital Employment of citizens,
  • e-Commerce,
  • Literacy drive,
  • FinTech (Financial Technology) intervention in Africa,
  • Cybercrime/cyber security,
  • Benefits of financial technologies and doing business, and
  • Sustainable Economic Growth and Development.

Fraud and corruption – definitions and impact

What is fraud?

Fraud is dishonest activity causing actual or potential financial loss to any person or entity including theft of personal identity, moneys or other property by employees or persons external to the University and where deception is used at the time, immediately before or immediately following the activity. This also includes the deliberate falsification, concealment, destruction or use of falsified documentation used or intended for use for a normal business purpose or the improper use of information or position for personal financial benefit.

The concept of fraud involves fraudulent or corrupt conduct by internal parties or external entities targeting the University, or fraudulent or corrupt conduct by the University itself targeting external entities.

What is corruption?

Corruption is dishonest activity in which a person abuses his/her position of trust in order to achieve some personal gain or advantage for themselves, or provide an advantage/disadvantage for another person or entity.

Corrupt conduct can take many forms including:

  • conflicts of interest
  • taking or offering bribes
  • dishonestly using influence
  • blackmail
  • fraud
  • theft
  • embezzlement
  • tax evasion
  • forgery
  • nepotism and favouritism

NOTE: Corruption does not include mistakes or unintentional acts.

Legislature In Nigeria Is The Reason For Failed Democracy

In the 21st century there is ever growing attention to the issues related to democracy and good governance around the world. This results from the increasing acceptance of the fact that democracy and good governance are not luxury, but a fundamental requirement to sustainable development. Legislature as one of the key institutions in a democratic system has a critical role to play in promoting fair governance. As the democratically elected representatives of the people parliamentarians have an honorable task to ensure government is by the people and for the people. By performing the key functions of legislation, representation and oversight the legislature should actively engage in the development and implementation of laws, policies and projects promoting democratic principles of governance.

The legislature, or parliament, plays an important role in the life of a nation. It thus performs three main functions: adopts new laws, amends the existing laws and oversees the activities of the executive to ensure the government is accountable to the people. Achieving of good governance requires existence of an active, strong and efficient legislature. The parliament plays a crucial role in gauging, collating and presenting the views and needs of the people articulating their expectations and aspirations in determining the national development agenda. As an oversight body the legislature helps to identify problems and policy challenges that requires attention and assists in overcoming bureaucratic inertia.

Continue reading Legislature In Nigeria Is The Reason For Failed Democracy

Is Your Organisation Creating Full Value From Innovation?

Innovative organisations are marked out by their visionary leadership, licence to explore new ideas, readiness to collaborate and ability to commercialise new ideas quickly.

In our new study, Unleashing the power of innovation, we explore the changing role and nature of innovation in today’s businesses, drawing on responses from a survey of 246 CEOs around the world.

We believe there are five key questions your organisation needs to address if it’s to become genuinely innovative and generate full value from its investment:

  • Does the way you innovate (collaboration, employee empowerment, customer engagement, time horizons etc.) reflect your vision and appetite for innovation?
  • How effectively are you articulating your vision and appetite for innovation to employees, investors and business partners?
  • Do your employees see creating, promoting and executing new ideas as a crucial part of their job description?
  • Are the processes for decision making and organisational mobilisation quick enough to bring new innovations to market ahead of your competitors?
  • How effectively do you measure and track the return on investment and ability to meet customers’ changing expectations?

5 Effects of Poverty

The effects of poverty can be felt at every level of society — from the individual living in poverty to the political leader attempting to provide solutions. Whether it is health conditions or increased crime rates, poverty reaches just about every aspect of life. Let’s looks at the five biggest effects of poverty in order to understand the severity of the problem:

1. Malnutrition

The most common effect of poverty is malnutrition.

This is especially seen in children of poor families. People living in poverty rarely have access to highly nutritious foods. Even if they have access to these foods, it is unlikely that they are able to purchase them. The healthiest foods are usually the most expensive; therefore, a family on a very small budget is much more likely to purchase food that is less nutritious, simply because that is all they can afford.

Sometimes people in poverty are malnourished simply because they do not eat enough of anything. For some people around the world, quality food is a luxury. A total of 14.3 percent of people in developing countries face hunger and about 25 percent of Sub-Saharan Africa is considered malnourished. Poor nutrition causes 45 percent of deaths in children under the age of 5. Malnutrition can also lead to many other health issues as well.

2. Health

One of the most severe effects of poverty is the health effects that are almost always present.

This includes things from diseases to life expectancy to medicine. Diseases are very common in people living in poverty because they lack the resources to maintain a healthy living environment. They are almost always lacking in nutritious foods, which decreases their bodies’ ability to fight off diseases. Sanitation conditions are usually very low, increasing the chance of contracting a disease. Sometimes these diseases can be minor, but other times they can be life-threatening. In general, people living in poverty cannot afford appropriate medicines to treat these illnesses.

Life expectancy and child mortality are greatly affected by poverty. Statistics show that life expectancy in poor nations is up to 30 years below that of wealthy nations, like the United States. Child mortality is shockingly high in poor countries; 13.5 percent of children die before the age of 5 in poor countries. This number is the average for poor countries, however some African nations have a child mortality rate of 20 percent.

3. Education

Education is largely affected by poverty.

Many people living in poverty are unable to attend school from a very early age. Families may not be able to afford the necessary clothing or school supplies. Others may not have a way for their children to get to school. Whatever the reason, there is a clear correlation between families living in poverty and their lack of education. Without the ability to attend school, many people go through life illiterate.

The literacy rates in countries with high poverty levels indicate that these two are linked. Low literacy rates can affect society in various ways including the labor force and politics. Obtaining a basic education could bring 171 million people out of poverty. A bad cycle is created; poverty prevents people from gaining a good education, and not obtaining an education prevents people from escaping poverty.

4. Economy

Among the effects of poverty includes its impact on the economy of the country.

Mainly, the number of people living in poverty influences employment rates heavily. Without an education, people are unlikely to find a paying job. Unemployment hinders a country from developing into a strong economic system. A high unemployment rate can impede a country from progressing in all aspects.

The labor force suffers when a large part of the citizens cannot contribute to economic development. For example, the Indian economy has not been able to develop at a high rate for many years because of the high number of people living in poverty.  About 22 percent of the population in India lives in poverty and their economy can only improve when this percentage decreases.

5. Society

Poverty also has social effects.

Many people living in poverty are homeless, which puts them on the streets. There also seems to be a connection between poverty and crime. When people are unemployed and homeless, social unrest may take over and lead to increases in crime. When people have nothing and no money to buy necessities, they may be forced to turn to theft in order to survive. Homelessness and high crime rates impact of a country’s people and can create many problems within a society.

It is clear that poverty has far-reaching effects on all people. By improving global poverty, economies could prosper, health could improve and countries can develop into strong global presences. All countries will benefit when decreasing global poverty becomes a priority in the world.

The Value of Leadership in the Labour Market and Business Environment

Leadership is a quality that is highly prized by employers. It is difficult to define and even more difficult to measure.

Effective leaders motivate and develop their staff to get the best performance out of them, they have happy teams and low staff turnover rate. So it makes economic sense to employ skilled, talented and gifted leaders.

They create and develop a Vision, encourage a team to engage with the Vision, manage delivery of the Vision while building, developing and mentoring the team.

Managing the delivery and coaching the delivery team is where Leadership meets Management. Often the same person is the Leader and Manager, and the requisite skills sets collide and overlap.

Sometimes the Visionary has a management team around them to handle delivery of the Vision. But the thing that sets Leaders apart from Managers is the Vision.

The Vision
The Vision is about looking ahead, seeing a way to improve things, a transformation, and making the changes happen. It can be a product or a service.

Think of having the vision to create Facebook, the World Wide Web, or Google.

In Politics it is the people who had the Vision of transformational policy change such as Racial Equality, Equality for women, Votes for women, Education for all, Equal pay, Healthcare reform. Continue reading The Value of Leadership in the Labour Market and Business Environment