Global insurance penetration as a percentage of global GDP has been estimated as 1% over the past decade in 2018. According to Atlas Magazine, the global reinsurance market turnover amounted to US$257billion in 2018 - a 5% rise. This is due to improved underwriting ratios and highly increased return on...
Ghana and Mexico have committed to deepening bilateral relations between the two countries. At the second Bilateral Political Consultations meeting that was co-chaired by Charles Owiredu - Deputy Minister for Foreign Affairs and Regional Integration of Ghana, and Amb. Julian Ventura, Deputy Secretary of Foreign Affairs of Mexico, both countries...
There is growing uncertainty surrounding tertiary institutions on the admission of freshmen and women for the 2020 academic calendar, following the outbreak of COVID-19 that has led to a shutdown of schools in the country. Also, due to rapid spread of the virus in the country, most institutions are scared...
The growth in the use of GhIPSS Instant Pay (GIP) has witnessed another jump - going up by almost 600% in the first-half of this year compared to the same period last year. According to the Ghana Interbank Payment and Settlement Systems (GhIPSS) Half Year Performance report, the volume of...
The Public Interest and Accountability Committee (PIAC) has urged the government to disburse oil revenues earmarked for projects, rather than accumulating it over time. According to the Committee, which has oversight responsibility for the prudent management of the country's petroleum revenue, there are oil-funded projects that face funding challenges and...
Science-based Technology Company 3M, together with not-for-profit organisation United Way (UW) Worldwide, has supported relief projects across Europe, the Middle East and Africa (EMEA) that are helping the most vulnerable people in society impacted by the COVID-19 crisis. Ghana is one of twelve countries across EMEA receiving a share of...
The Chief Labour Officer at the Ministry of Employment and Labour Relations, Eugene Narh Korletey, has entreated all business to consistently inform the Labour Office about all lay-offs, as it is an offence not to do so under the nation’s labour law. The move is one of the means through which government is able to...
...as 450 local workers face job losses The country's bid to ensure that locals play a key role in the oil and gas industry is set to face major setbacks due to disruption caused by the Coronavirus pandemic and the collapse in oil prices. The industry, over the past six years,...
Simon Dornoo, an experienced banker and former Managing Director of GCB Bank, has been elected as one of two new Directors of Ecobank Transnational Incorporated (ETI). Shareholders of the pan-African lender, which is headquartered in Togo, at its 32nd Annual General Meeting (AGM), elected Mr. Dornoo and Professor Enase Okonedo,...
Global auditing giant Deloitte has once again been adjudged by the world’s leading independent brand valuation consultancy, Brand Finance, as the most Valuable and Strongest Commercial Services brand in the world. According to the annual report on the most valuable and strongest commercial services brands (June 2020), Deloitte retained the...