Despite the devastating effects of the global COVID-19 pandemic on economic activities, Ghana’s Insurance Companies improved on their earnings by the close of 2020.
A Supervision Department Report (SDR) from the National Insurance Commission released recently showed Gross Premium Income earnings for both General and Life as positive.
The latest report...
Banks listed on the Ghana Stock Exchange (GSE) have, through the Ghana Association of Bankers, requested that the date for filing of the 2020 audited financial statements be extended by one month to April 30, 2021.
This is to enable the banks work effectively with their external auditors to achieve...
14th of March every year has been designated as Ghana Culture Day. The Day was instituted in 2012 at the official launch of the Ghana Culture Forum (GCF) - a membership-based civil society consultative and advocacy network of cultural practitioners, activists and organisations.
The association is united around a common...
… Key Issues for Central Banks Globally(II)
As noted in part I of this ‘governance of compensation series’, in this continuing piece (part II), I suggest four strategies that central banks and other financial sector regulators and supervisors should seek to have implemented at DFIs/FIs in the financial services industry...
The Managing Director and Chief Executive Officer of FBNBank Ghana Limited, Victor Yaw Asante, has stated that the appointment of Dr. Ngozi Okonjo-Iweala as Director-General of the World Trade Organisation (WTO) coming at a time when AfCFTA is being rolled out across the continent is a good sign for...
…Revolutionizing art and creativity.
Digital design and creative coding are redefining programming. In many ways, artists have been at the center of challenging commonly held beliefs and using entirely new mediums to express hypothetical ideas. While never the first thing to come to mind when discussing art, creative coding is...
Russia is committed to helping eradicate the rapidly increasing coronavirus infections in Africa amounting to approximately 3.8 million with its latest developed Sputnik V vaccine. Such a step will enable Russia to reassert its geopolitical influence that involves a keen competition with other foreign players on the continent.
An official...
The National Chairman of the Ghana Private Road Transport Union (GPRTU) has commended the National Insurance Commission (NIC), for coming to the rescue of their members in the commercial transport sector and bringing sanity to our roads.
The Chairman, Nana Nimako Bresiamah made these remarks when he and other National...
The management of Ghana Community Network Services Limited (GCNet) has filed an application for appeal against the recent Labour Court ruling that directed the company to pay redundancy compensation based on provisions in its Human Resource Policy Manual.
The Accra High Court (Labour Division), on February 1, 2021, upheld an...
An attempt by the National Democratic Congress (NDC) to justify the costly Power Purchase Agreements (PPA) imposed on Ghana under take-or-pay agreements offered Independent Power Procurers (IPPs) which has cost the nation over $2 billion (GH¢12 billion) for power Ghanaians did not consume between 2017 and 2020 has backfired.
The...