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The impact of loan acquisition on employees in the Mining Companies in Tarkwa- (A Case Study of Goldfields Ghana Limited)

A Thesis submitted to the Institute of Distance Learning, Kwame Nkrumah University of Science and Technology in partial fulfillment of the requirements for the degree of Commonwealth Executive Masters In Business Administration,

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Main Author: Amarteyfio, Nicholas Quaye
Format: Thesis
Language:English
Published: 2012
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access_status_str Open Access
author Amarteyfio, Nicholas Quaye
author_browse Amarteyfio, Nicholas Quaye
author_facet Amarteyfio, Nicholas Quaye
author_sort Amarteyfio, Nicholas Quaye
collection Thesis
description A Thesis submitted to the Institute of Distance Learning, Kwame Nkrumah University of Science and Technology in partial fulfillment of the requirements for the degree of Commonwealth Executive Masters In Business Administration,
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language English
last_indexed 2026-06-10T12:31:23.640Z
license_str Not specified — see source repository
provenance_str_mv Harvested via OAI-PMH from KNUSTSpace — Kwame Nkrumah University of Science & Technology (Ghana)
publishDate 2012
publishDateRange 2012
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source_str KNUSTSpace — Kwame Nkrumah University of Science & Technology (Ghana)
spelling oai:ir.knust.edu.gh:123456789/4287 The impact of loan acquisition on employees in the Mining Companies in Tarkwa- (A Case Study of Goldfields Ghana Limited) Amarteyfio, Nicholas Quaye A Thesis submitted to the Institute of Distance Learning, Kwame Nkrumah University of Science and Technology in partial fulfillment of the requirements for the degree of Commonwealth Executive Masters In Business Administration, Granting of loans to mining workers in today’s economy has become a vital choice in financing their numerous financial obligations. Credit facilities all over the world have helped many nations, corporate bodies, institutions, small scale businesses and individuals in meeting major economic challenges. The unlimited economic activities of these individuals and the insatiable needs and the lifestyle of workers have necessitated the choice for other financial support either from the employer or from their bankers. The purpose and the frequency with which employees take loans has become an issue for which this study has been conducted. Also, the economic benefits derived from these facilities by these employees would have to be enumerated in investigating the impact of its usage on the lifestyle. This study also sought to determine the behavioral practices of these mining workers which have become a lifestyle issue in the mining communities recently. The researcher used questionnaires and interviews in this study. Employees were categorized into junior staffs, senior officials and management staffs. The questionnaires were designed for all three categories of workers in Goldfields Ghana Ltd to be answered. The study recommends that management of Goldfields Ghana Ltd should establish financial literacy programme through the induction training the company has for all employees. Resource financial specialist can be consulted intermittently to educate them on the use of loans for investment purposes towards their future, planning for their retirement and making the best out of the loans taken to improve their lifestyle. KNUST 2012-07-16T10:31:55Z 2023-04-21T18:21:29Z 2012-07-16T10:31:55Z 2023-04-21T18:21:29Z 2012 Thesis https://ir.knust.edu.gh/handle/123456789/4287 en application/pdf
spellingShingle Amarteyfio, Nicholas Quaye
The impact of loan acquisition on employees in the Mining Companies in Tarkwa- (A Case Study of Goldfields Ghana Limited)
title The impact of loan acquisition on employees in the Mining Companies in Tarkwa- (A Case Study of Goldfields Ghana Limited)
title_full The impact of loan acquisition on employees in the Mining Companies in Tarkwa- (A Case Study of Goldfields Ghana Limited)
title_fullStr The impact of loan acquisition on employees in the Mining Companies in Tarkwa- (A Case Study of Goldfields Ghana Limited)
title_full_unstemmed The impact of loan acquisition on employees in the Mining Companies in Tarkwa- (A Case Study of Goldfields Ghana Limited)
title_short The impact of loan acquisition on employees in the Mining Companies in Tarkwa- (A Case Study of Goldfields Ghana Limited)
title_sort impact of loan acquisition on employees in the mining companies in tarkwa a case study of goldfields ghana limited
url https://ir.knust.edu.gh/handle/123456789/4287
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