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...
Why are stock-market valuations soaring when the real economy remains so fragile? One factor has become increasingly clear: The crisis has disproportionately affected small businesses and low-income service workers. They are essential for the real economy, but not so much for equity markets. True, there are other explanations for today’s...
The first few quarters of the year have been dominated by events related to the health and economic pandemic – including loss of life and economic livelihood. Ghana’s GDP, according to the most recent forecast from the Ministry of Finance, of 0.9% is the lowest the country has recorded...
Welcome to another week of financial learning. I believe we are all well and staying safe under these "abnormal" COVID-19 times! In today’s article, I will be looking at lifestyle and its impact on our personal financial goals and how we can readjust to be financially independent. Many of us have...
Quartey calls for consumption of Made in Ghana goods to revive sector If there is any sector that was not spared the ruins of the coronavirus pandemic, then, the manufacturing sector cannot be overlooked, as new data shows it has experienced its biggest contraction in more than six...
In order to create a much deeper, more liquid corporate bond market in Ghana, State-owned Enterprises (SOEs), particularly those under the control of the Ministry of Finance and the Social Security National Insurance Trust (SSNIT), must as a matter of urgency, initiate measures to begin listing debt and equity...
The Ghana Stock Exchange saw a decline of trading activities in the first quarter of the year, mainly induced by the global impact of the coronavirus pandemic - pushing investors to flee to safer havens like gold, the Japanese Yen and US dollar, a Bank of Ghana report has...
MTN Ghana has assured shareholders that it has put in place the right governance structures that will sustain its profitability and long-term viability as it pays it shareholder 6 pesewas in dividends per share. Acknowledging the increasing savviness of the telecommunication market, changing customer expectations and the heightened complexities of...
How do you navigate your way through a location you are not familiar with? This calls for the need of a directional map that shows you your current location and give you the opportunity to choose your destination. The lack and/or inadequate financial strategy we put in place puts...
The President's recent visit to the Northern Region left in its wake fulfilled promises made to the Chiefs of then Northern Region in the run up to the 2016 general elections. Our region as well as those that were carved out of the former Northern Region (North East and...