Only half of Ghana’s life insurance companies reported profits for 2021, and those that did earned them from investment income rather than actual underwriting of life insurance policies. ELLIOT WILLIAMS & TOMA IMIRHE explain how this works, and also why insurers want to take a longer-term perspective than the...
Continuous innovation should be the bedrock of every business. The need to innovate, and to do so quickly, is now considered important for most companies. For the insurance industry, it fosters competitiveness and ensures that clients have access to the best solutions available. A business that invests in innovation...
COMPANY HISTORY SIC Life Insurance LTD originally existed as the Life Division of the reputable multi-line insurer, SIC Insurance Company. In conformity with the provision of the Insurance Act 2006, Act 724, the Company was established as a fully licensed Life Insurance Company in 2007. On 10th March, 2022,...
... records satisfactory growth The Nwabiagya Rural Bank Limited at Barekese in the Atwima Nwabiagya district of the Ashanti Region has recorded a satisfactory operational growth of 13 percent in the 2021 year under review. The Board Chairman, Andrews Kwarteng Amanning at the bank’s 34th Annual General Meeting (AGM) held...
Fidelity Bank Ghana has opened a plush new branch within the commercial business district of Kaneshie in Accra. This move forms part of the Bank’s strategic agenda to proffer its wide-ranging suite of customized banking services and products to customers within Kaneshie, Abossey Okai and its environs. The spacious, state...
Access Bank Ghana is empowering more SMEs through its capacity building workshops on digitalization. Over 100 SMEs got the opportunity to participate in the fourth edition of the Bank’s capacity building workshop on digitalization at Koforidua, organized in partnership with Open Labs, an Information Technology Firm. The workshop on the...
The Vice President, Dr. Mahamudu Bawumia, will, on Wednesday, December 22, launch the e-pharmacy digital platform in Accra. The digitization of pharmacies, which will have the nation's pharmacies converged on one digital platform, is aimed at addressing the difficulties of roaming around looking for medicines in pharmacies. It is also expected...
The ECOWAS Bank for Investment and Development (EBID) has obtained a line of credit worth forty billion francs CFA from the Bank of Africa Group (BOA Group) for the financing of private sector projects aimed at boosting commerce and industries in the fifteen ECOWAS member-states. Signing the loan agreement marks...
Investing in a car Buying a car or being a car owner comes with a lot of expenses; one has to buy fuel, accessories, do roadworthy certificate and most importantly insure the car to financially protect it and other road users. A lot goes into investing in a car. One thing...
Government statistician, Professor Samuel Kobina Annim has stated that 94 percent of the expected households have been enumerated so far after seven days’ extension in the on-going Population and Housing Census. The remaining 6 percent that have not yet been enumerated, according to him, is as a result of unwillingness...