First Deputy Governor of the Bank of Ghana, Dr. Maxwell Opoku-Afari, has revealed that the central bank’s digital currency, the e-Cedi, will be piloted by the close of this year - in a regulatory and innovation sandbox. Within the financial sector, a regulatory and innovation sandbox is a supportive and...
Savings and Loans Company, Best Point and an education promotion organization, LearnRite, have partnered to offer parents the opportunity to acquire Senior High School (SHS) learning materials for students at flexible terms. In collaboration with its astute partners – Approachers Series, Concise Mathematics, KOV's Series, Atta Kay among others,...
The Commissioner of Insurance, Mr Justice Ofori, has advised Chief Executive Officers (CEOs) and Chief Finance Officers (CFOs) of insurance companies in the country to take advantage of the risk management opportunities occasioned by the emergence of the COVID-19 pandemic. He said this when he was advising them to...
Executive Director of the Association of Rural Banks-Ghana, Mrs. Comfort Owusu, has advised rural banks’ General Managers and CEOs to quickly adapt to change - particularly in the business environment. According to her, the external business environment and government regulatory policies have direct impacts on their activities as bankers, and...
In accordance with the provisions of the Insurance Act, 2006 (Act 724), mandating Insurance Companies to separate the general insurance business from the life business, QLAC was established. Quality Life Assurance Company Limited (QLAC) was incorporated on 23rd October 2007. The Company commenced operation on the 1st of January 2008. Before then...
The National Pension Regulatory Authority (NPRA) has said that one of its major aims is to regulate the pension sector in a manner that would lead to poverty reduction nationwide. According to the NPRA, data available to the authority reveal that many people are faced with poverty issues immediately when...
Sixty youth have been trained as insurance sales agents by the National Insurance Commission (NIC) in Takoradi. The training is to enable them have in depth knowledge about what insurance is, understand it well so they will be able to explain policies that are available to companies and individuals who...
Patricia Obo-Nai, the Chief Executive Officer (CEO) of Vodafone Ghana, says the telecom company is more concerned with having a positive competition in a provided equal space that would collectively help to satisfy consumer needs. “We at Vodafone Ghana don’t have any problem so long as the actions of the...
The COVID-19 pandemic onslaught has actually fast-tracked the country’s digitisation process. In many respects, it has enhanced the digital uptake pace. However, PricewaterhouseCoopers (PwC) Ghana’s 2020 Banking Survey suggests that some workers in the banking sector face the imminent danger of losing their jobs following the COVID-19-induced digital transformation of...
In yet another example of his love for humanity, Vice President Dr. Mahamudu Bawumia has built, furnished and formally handed over a two-bedroom house to an 82-year old cured leper who had been abandoned by her family at Motori in the Wa West district of the Upper West Region. Dr....