Wednesday, October 20, 2021
The highest court of the land, Supreme Court on Wednesday February 21, 2017, upheld that SIC’s appeal against Ivory Finance Company Ltd regarding a credit guarantee case which has been in court over the last five years. The unanimous decision of the apex court came with an order that, the...
Insurance companies are considered to be laggards in the adoption of digital technologies when compared to other players in the financial services industry especially the banks. Based on this context, The Chartered Insurance Institute of Ghana (CIIG) recently organised its first public lecture on the theme “How Digital Insurance...
Regulator cries it has no power to prosecute defaulters Most private sector employers are yet to comply with provisions of the Tier-2 pension scheme, which mandates companies to contribute 5 percent into a privately managed pension scheme. Out of 51,466 private establishments/companies active under the Social Security and National...
The latest uproar among a section of Ghanaians regarding the intended compulsory insurance for the current batch of National Service Personnel deserves the attention of the Commissioner of Insurance to prevent it for collapsing. It is disappointing how Ghanaians are responding to matters of national importance of late. Barely a...
... advocates lifeline support for sector Government has been urged to provide stimulus packages for insurance companies affected by the novel Coronavirus pandemic, as doing so will help to ensure a strong insurance industry and boost investor confidence in the economy’s recovery. According to Solomon Lartey, a former Chief Executive Officer...
Kumasi has always been noted as the centre of small businesses and entrepreneurship. The city boasts a great array of businesses, both indigenous and foreign, as well as business personalities of great repute. With the business climate arguably excellent for startups and young entrepreneurs, Kumasi is fast becoming one of...
People’s Pension Trust (PPT) Ghana Limited has started paying bonuses to pension contributors – a move expected to boost pensions in especially the informal sector. The company has offered a 10% top-up on the total pension contribution its loyal customers made in the year 2017. The beneficiaries, over a hundred,...
GLICO GENERAL has presented an insurance package to light weight boxing champion, Emmanuel ‘Game boy’ Tagoe and BabyJet Promotions as the boxer prepares to defend his IBO light weight title on Saturday, January 27, 2018 at the Bukom Boxing Arena, Trust Emporium. The insurance package, which is part of GLICO...
In the wake of recent scandals plaguing the banking sector, the implementation of a deposit insurance regime is a timely intervention to renew confidence in the country’s financial system, Governor of the Bank of Ghana (BoG) Dr. Ernest Addison has indicated. Addressing stakeholders in the banking and finance sector at...
It has been a year and three months since the last board of the National Pensions Regulatory Authority (NPRA) was dissolved, just like many other state institutions. Whereas most of those institutions have had their boards reconstituted, that of the NPRA, a critical state institution whose work borders on ensuring...
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