AM Best has assigned a Financial Strength Rating of B+ (Good) and a Long Term Issuer Credit Rating of ‘bbb-’ to WAICA Reinsurance Corporation PLC (WAICA Re, Sierra Leone). The outlook assigned to these Credit Ratings is stable. The ratings reflect WAICA Re’s balance sheet strength, which AM Best categorises...
The energy sector stands at the forefront of the nation's development journey, playing a pivotal role in powering industries, driving economic growth, and improving the lives of its citizens. As the country marks her 67th birthday, a closer look at the sector reveals both challenges and opportunities that lie ahead. Overview...
AfreximBank and Oakwood Green Africa, in conjunction with Ghana Export Promotion Authority, Ghana Free Zones Authority, AfCFTA Secretariat, GCB and CBG, is organising a three-day Ghana Trade Road Show on Wednesday June 29, Thursday June 30 and Friday July 1, 2022 for banks and non-bank financial Institutions, as well...
The recent Monetary Policy Committee (MPC) Report from the Bank of Ghana highlighted challenges in the real sector. The monetary policy rate was increased to 29.5 percent - the highest since establishment of the MPC, even though market players expected the rate to remain unchanged at 28 percent. The cost...
Puma Energy Distribution  has launched its latest retail site on the Lake Road, near the Ghana National Fire Service, in Atonsu a suburb of Kumasi. This achievement is in line with keeping with the company’s promise of delivering on the last mile to bring its brand purpose of “Energizing...
GOIL has for the fifth consecutive time sponsored the National Spelling Bee Competition as part of its Corporate Social Responsibility. The 2023 edition, which marks the 15th year since inception of the contest, was climaxed with a grand finale held in Accra with over 150 participants battling it out for...
The leading pan-African banking group, Ecobank, has won the coveted prize of Africa’s Best Bank for Corporate Responsibility in the Euromoney Awards for Excellence 2020. Euromoney recognises Ecobank’s focus on sustainability and partnerships and its core capabilities in delivering positive social and environmental outcomes across Africa. Carl Manlan, Chief Operating...
The University of Ghana School of Law (UGSoL), in partnership with the Institute for Austrian and International Tax Law (Vienna University of Economics and Business) is working to deepen the appreciation and application of tax treaties among Ghanaian legal and non-legal professionals alike. A 26-member delegation from UGSoL is currently...
Most fishermen in coastal districts of the Western Region have embraced this year’s fishing Closed Season which lasts from July to September. A visit to Apeiwosika at Axim, Shama, Sekondi, New Takoradi and Funko beaches show that the closed season has been deeply understood and accepted by the fisherfolk. Western Regional...
to enhance expertise & broaden its reach across the continent Smile Identity has announced the acquisition of Appruve's parent company (Inclusive Innovations, Inc.) and is actively fulfilling regulatory requirements to finalisethe transaction for the affiliated entities in Africa. This strategic acquisition will expand Smile Identity's footprint across Africa and solidify...