As part of the nation's nuclear energy journey, the government, through the Nuclear Power Ghana (NPG), has procured three Seismic Monitoring Equipment to install at the nation’s four probable site for the establishment of the first nuclear plant, which would be the biggest energy investment since the building of...
The engagement of an auditor and his work generally have fundamentally inherent risks. These risks are well known within the accounting profession, and over the years accounting and audit regulatory bodies have explored mechanisms to mitigate these known risks. Auditor independence is at the heart of risk mitigation mechanisms,...
Dr. Serebuor (not his real name) has been appointed as a director of one of the licensed Specialised Deposit Taking Institutions regulated by Bank of Ghana. In his case, it is a multinational bank reporting to dual regulators, and by extension, operates in a relatively strong corporate governance environment.
He...
The Chairman of the Board of Directors of Ghana’s largest general insurer, SIC Insurance Company, Dr. Ben Jimmy Heymann, has assured shareholders and key stakeholders of the Company that Ghana’s insurance giant is on the path for long term sustainability and value creation.
Speaking at the 13th Annual General Meeting...
The COVID-19 pandemic has presented many unparalleled challenges in the business world and businesses all over are finding innovative ways to manage the “new normal”.
At GLICO LIFE, we see every challenge as an opportunity to validate our business philosophy to cushion clients for life.
In this vein, what we sought...
Prudential Life Insurance Ghana (PLIG) has recorded outstanding growth and chalked several successes from its entry into the Ghanaian life insurance services sector in 2014 till date making it a force to be reckoned with in the industry.
Prudential Life is a wholly owned subsidiary of Prudential Plc, with operations...
Customary law constitutes a large body of knowledge in legal studies. Of particular note are the pioneering works of Sarbah, Ollennu and Josiah-Aryeh. While Sarbah’s work dwells mostly on the Akan customary practices of inheritance, Ollennu steadily made a balance of the colonial and traditional systems administration.
In his work...
Life insurance covers your life and also has provisions to provide a savings and investment avenue. Life insurance is a long-term contract and requires you to pay the premiums in monthly installments. Life insurance can be done for any value based on the premium the policy holder is willing...
The Securities and Exchange Commission (SEC) has issued new capital requirements for market operators in the Ghanaian Capital Market Industry.
A press statement by the SEC explained that the new directive is in accordance with Section 209 of the Securities Industry Act 2016, (Act 929).
According to the commission, the move...
Insurance is a key player in the financial space of the country. Undoubtedly, the financial sector - especially the banking sector - has experienced some challenges in recent times, following the regulatory authorities’ efforts to strengthen, stabilise and streamline its activities and enhance the sector’s capacity to provide the...