According to the definition of Internal Auditing in the IIA's International Professional Practices Framework (IPPF), internal auditing is an independent, objective assurance and consulting activity designed to add value and improve an organisation's operations. Internal auditor helps an organisation accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve...
Despite inflation surging to double digits in April as a result of a spike in demand for food and other essentials in anticipation of the lockdown announcement, Databank Research says there is hope that the rate will come down due to government’s subsidy on utilities. In late March and April,...
The Amantin and Kasei Community Bank Limited, headquartered at Amantin in the Bono East Region, has supported the national fight against spread of coronavirus in the country by donating assorted items to deprived health facilities in its catchment area. The items donated by the bank are ten Veronica buckets, ten...
The Bosomtwe Rural Bank Limited at Kuntanase in the Bosomtwe district of Ashanti Region has presented Personal Protective Equipment, PPE and disinfectants to four institutions in its operational territories. The beneficiary institutions include Kuntanase District Hospital, Bosomtwe District Police Command, Asokwa Police Divisional Command and Suame Police Divisional Command. The donated items...
The global economy will be shaped in the years ahead by three trends. The relationship between markets and the state will be rebalanced, in favor of the latter. This will be accompanied by a rebalancing between hyper-globalization and national autonomy, also in favor of the latter. And our ambitions...
As part of efforts to protect frontline health workers in the fight against the coronavirus pandemic in the country, Kaaseman Rural Bank Limited at Sefwi-Kaase in the Bia East District of the Western-North Region, has presented personal protective equipment (PPE) and sanitary items to ten health facilities across its...
First National Bank Ghana has launched ASPIRE (Accelerated Support for Pandemic Intervention and Relief Effort) to assist the government and its stakeholders in mitigating the impact of the COVID-19 pandemic. ASPIRE is a rapid response fund to address the critical and immediate health care needs in Ghana. Richard Hudson, CEO...
Prudential Bank has donated Personal Protective Equipments (PPEs) to the Ghana Immigration Service (GIS) in Accra  as part of efforts to help the fight against the COVID-19(Corona virus) pandemic in the country. The PPEs worth thirty thousand GHC30, 000  included 10,000 pieces of gloves, 2,000 surgical masks and 20 gallons...
Credit unions worldwide will celebrate International Credit Union (ICU) Day on Thursday 20th October 2022, to mark the immense role being played by financial Cooperatives in improving the livelihoods of their members. The Day is recognised to reflect upon the Credit Union movement's history, promote its achievements, acknowledge the...
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,...