By Lawrence DANIELS (ACIIG) Evolving at a break-neck pace due to strong competition and new policyholders’ needs, it becomes crucial to revise or update the insurance policy text or documents. In this regard, insurance companies need to update their policy documents to these current trends to remain relevant in the market. Here are some suggested […] The post Revision
By Samuel Lartey(Prof) [email protected] The 2024 Mid-Year Budget Review, presented by Dr. Mohammed Amin Adam, MP, Minister for Finance, addresses the challenges and opportunities facing Ghana’s economy while outlining several key initiatives aimed at improving the lives of ordinary Ghanaians. This review highlights the government’s commitment to fiscal consolidation, economic growth, and social protection. This […] The post
By Dr. Winfred KWASI DODZIH (Dr) Introduction The ECOWAS Brown Card Insurance Scheme has long been a vital instrument for facilitating seamless cross-border travel and trade within the ECOWAS region. As the world moves towards greater digitization, the ECOWAS Brown Card Insurance Scheme Secretariat is incorporating advanced technologies and virtual systems to enhance policy administration […] The post
Republic Investment has expressed optimism for growth opportunities in 2024, following mixed results across its various funds for the 2023 financial year. The company’s CEO, Madeline Nettey, provided insights into the performance and strategy during the recent annual general meeting. The Republic Wealth Trust demonstrated resilience in a challenging economic environment, growing its net fund […] The post
As Ghana strives to achieve the United Nations’ Sustainable Development Goals (SDGs), microfinance and micro insurance institutions have become indispensable in making a participatory economic growth and reduction of poverty possible. These institutions are central in financial inclusion, capacity building through entrepreneurship promotion as well as fostering resilience within vulnerable populations by extending credit to […] The post
Advans Ghana Savings and Loans, a leading savings and loans company, has planted over 1,500 seedlings in Accra and Tamale as part of its corporate social responsibility and commitment to environmental sustainability. Themed ‘Greening Ghana: growing for a greener tomorrow’, the initiative involved management, staff, clients, volunteers from host communities and the Forestry Commission. Together, […] The post
By Elizabeth PUNSU, Kumasi An expert in telecommunication engineering, Professor Jerry John Kponyo, has emphasised the country’s need to strategically position itself to maximise the benefits of artificial intelligence (AI) while minimising its negative impacts. Speaking at the Ghana Data Science Summit held at the Kwame Nkrumah University of Science and Technology in Kumasi, Prof. […] The post
The Krutham Africa Impact Investment Awards has named CEO of Impact Investing Ghana (IIGh), Amma Lartey, the 2024 Outstanding Individual Achievement of the Year awardee, celebrating her contribution to the growth of the Impact Investment ecosystem in Africa at the recent Africa Impact Summit 2024 held in Nairobi, Kenya. Krutham – formerly Intellidex – is […] The post
Priority Insurance Company Ltd has been honored with the prestigious Motor Insurance Brand of the Year award at the Ghana Corporate Brands Awards 2024. The award was based on a rigorous evaluation process considering factors such as Corporate Social Responsibility (CSR), brand consistency, innovation and technology adoption, brand appeal and goodwill, leadership and governance, product/service […] The post
By Kizito CUDJOE The country’s renewable energy prospects for 2030 have been boosted by the inauguration of a US$17million solar rooftop project, said to be Africa’s largest solar rooftop project, at the Free Zones Enclave in Tema. The 16.8-megawatt (MW) peak installation by LMI Holdings Limited is set to enhance renewable energy capacity, contributing to […] The post US$17m
The Robotics team of Vine Christian High School (VCHS) has emerged victorious at the Pan African Robotics Competition held on Sunday, 28 July, 2024 in Dakar, Senegal. This prestigious competition, which draws top high school robotics teams from across the continent, witnessed the VCHS team securing first place with their innovative design and exceptional performance. […] The post
Parliament passed the Ghana Shippers’ Authority Bill, 2024, into law yesterday, Monday, 29th July 2024 folllowing its successful 3rd reading on the floor of the House. Among others, the law which amends its 50 years old establishment law, NRCD 254 (1974) will regulate commercial activities of shippers, and will primarily address the issue of unfair […] The post Parliament
The cedi faced renewed downward pressure last week, attributed to heightened corporate demand for foreign currency – particularly crude oil imports. The local currency depreciated by 1.48 percent against the US dollar, closing the week at a bid/offer rate of 15.75/16 on the retail market. It also fell by 2.80 percent against the British pound […] The post Rising
By Rashidatu IBRAHIM Total assets for the savings and loans (S&L) sector grew to GH¢7.6billion as at the end of 2023 from GH¢5.7billion in the previous year. The growth, according to Kwame Owusu-Boateng – Chairman-Ghana Association of Savings and Loans Companies (GHASALC), is driven primarily by growth in loans and advances to customers from customer […] The post S&L
Audit firm PricewaterhouseCoopers (PWC), in its 2024 mid-year budget digest, is recommending the adoption of a digital approach for reintroducing road and bridge tolls. It explained that leveraging digital technologies, as seen in other revenue collection sectors, could significantly reduce revenue leakage and corruption. PWC proposed that government should implement a system wherein drivers use […] The post
Mr. Kwabena Boamah, Managing Director of Stanbic Investment Management Services (SIMS), has attributed the growth of venture capital and private equity investments to the presence and participation of local players in the sector. Mr. Boamah made this assertion at a report dissemination workshop on the ‘State of Venture Capital and Private Equity in Ghana (1991 […] The post
By Nana ANTWI Following the decision by the Board and Management of the Social Security and National Insurance Trust (SSNIT) to seek a strategic investor to manage its hotels, there have been numerous media commentaries and write-ups regarding the process. While some of these opinions aim to educate the public on why it has become […] The post Propose
In full alignment with the United Nations Sustainable Development Goals, the Government of Ghana through the Ministry of Lands and Natural Resources officially launched the “Green Ghana Project” in March 2021. The Green Ghana Project aims at creating a greater economic and employment opportunities as well as supporting environmental sustainability. The Green Project is also […] The post
The Chief Executive Officer of the National Petroleum Authority (NPA), Dr. Mustapha Abdul-Hamid has been awarded CEO of the Year Oil and Gas (Downstream) and the CEO of the Year Public Sector, respectively at the 3rd edition of the Ghana CEO awards 2024, held in Accra. Both awards were given to Dr. Mustapha Abdul- Hamid […] The post NPA boss wins two
Bboxx Ghana celebrated a significant milestone with the opening of its first retail shop in Kumasi. The company allows customers to own a smartphone and other essential products and services by paying an initial deposit, followed by small daily or weekly repayments over four to six months. The new store, located at Sofoline, opposite Prempeh […] The post Bboxx
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