Governor of the Bank of Ghana (BoG) Dr. Ernest Addison has indicated that the monetary authority will not relent in its battle to beat down inflation and attain price stability, despite global and local pressures militating against its efforts.
In a speech read on his behalf at the 39th Annual...
…operating strategically in ten regions of Ghana
Despite the presence of more than 15 life insurance companies in Ghana QLAC has over the years carved a niche as a strategic life assurer providing innovative services to clients around 10 major regions in Ghana.
QLAC has a total of 11 branches spread...
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...
Consumer inflation further increased to 31.7 percent year-on-year (y-o-y) in July 2022, on the back of persistent price pressures from transport, data from the Ghana Statistical Service (GSS) have shown.
This represents a 1.9 percentage point rise from 29.8 percent recorded in the previous month.
Persistently increasing food, petroleum and transport...
The country improved marginally on budget transparency – scoring 56 out of 100 – indicating public access to information on how the central government raises and spends public resources, the Open Budget Survey (OBS) has revealed.
This is an increase from 54 recorded in 2019. The Open Budget Survey (OBS)...