The insurance industry intends to start publishing claims paid to clients, on an annual basis, in a bid to change the perception among members of the public that the industry loathes claims payments. “We are thinking, actually, of the insurance industry publishing the quantum of claims paid in a...
Private pension funds have maintained their strong growth over the years, reaching a record high of GH¢9.7billion in 2017, from the previous year’s GH¢6.8billion. Data from the sector regulator, the National Pensions Regulatory Authority (NPRA), show that 9.2 billion of the 9.7 billion was accrued from Assets Under Management (AUM)...
The Network for Women’s Rights in Ghana (NETRIGHT) has organized a round-table discussion as part of its project of strengthening gender responsive policy processes in the agricultural sector The project is part of a broader programme on enhancing private sector participation in agricultural policy process in Ghana under the USAID...
2017 Digital Bank of the Year award winner, Guaranty Trust Bank (Ghana) Limited, has further deepened its partnership with the nation’s premier university, University of Ghana (UG) in the area of payments of fees and charges to the University; as the bank has extended its online collection platform to...
Just as governments are being urged to align their national development plans with the United Nations Sustainable Development Goals (SDGs), it is crucial for businesses to also integrate the SDGs into their corporate strategies, Dr. Eugene Owusu, SDG Advisor to the President of Ghana, has said. This, he indicated, will...
Karpowership is to deploy its 470MW Karadeniz Powership Osman Khan to the Sekondi Naval Base by the second half of this year. According to Miss Sandra Amarquaye, Corporate Communications Specialist of the company, thw move is in line with government plans to ensure full utilization of gas resources from the...
The Ghana Stock Exchange (GSE) continues to show impressive performance recording 28.67% in growth in its overall Composite Index as at February 15, 2018. The bullish run experienced by the equities market in in January, February and the whole of 2017 is set to continue unabated. Recording a market capitalization of...
Ghana Oil Company Limited (GOIL) has been adjudged the Overall Best Taxpayer 2017 (Customs Division) by the Ghana Revenue Authority (GRA). At a ceremony to present the award in Accra, the GRA recognised GOIL’s demonstrable ability to do business in compliance with the law. Over the years, GOIL has won several...
Government is working towards putting a special funding mechanism in place, starting with GH¢20m, to support start-up businesses across various sectors, Business Development Minister, Ibrahim Mohammed Awal, has disclosed. By March 2018, government would have closed the deal for the funding, the minister said during a familiarisation tour of the...
Local manufacturers have said tax waivers on imports and special projects, as well as waivers for the extractives sector, are undercutting them and making the operating environment a lot tougher for them. Besides, they argue, government is shooting itself in the foot by continuously granting tax waivers to importers who,...