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 Ghana Export Promotion Authourity (GEPA), under the Ministry of Trade and Industry, has organised an Export School in Takoradi to build the capacity of small and medium enterprises (SMES) in the Western Region on export. The Export School is one of the strategies adopted by GEPA to shape and...
Farouk Khailann, Global Chamber of Business Leaders’ Secretary-General has been appointed as International Partner by the World Business Angels Investment Forum (WBAF), a global platform that provides funding opportunities to entrepreneurs and businesses. The appointment means Mr. Khailann will now represent Ghana at the Grand Assembly of the World Business...
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...
By Joshua Worlasi AMLANU Industry leaders, policy-makers and experts  convened at The Money Summit 2024 (TMS) have urged an imperative shift in the nation’s investment and savings culture. Amid challenges posed by the global pandemic, domestic debt restructuring and evolving financial landscapes, the summit emphasised the urgency of embracing ethical standards,...
Indigenous auto giant, Tanink Ghana Ltd., was the big winner at the 4th edition of the JP Ghana Auto Awards held at the Kempinski Gold Coast Hotel in Accra, sweeping three prestigious awards. Touted as the only thriving wholly-owned Ghanaian automobile company, Tanink Ghana was adjudged the Indigenous Auto Company...
The Ghana Stock Exchange (GSE) is exhibiting signs of expansion, as its Financial Stocks Index (GSE-FSI) experienced a modest upswing. Buoyed by better-than-expected results from both listed and non-listed banks, the GSE-FSI recorded a gain of 1.53 percent over the last four weeks, followed by a 1.79 percent gain in...
Deputy Managing Director of InvestCorp Asset Management Limited (InvestCorp), Kwabena Ofori Apeagyei, has expressed optimism about the investment climate, with expectation of a rebound despite the sector’s recent challenges, which have significantly affected growth. He echoed the words of encouragement by the Chairman of the InvestCorp Money Market Fund (IMMF),...
The Securities and Exchange Commission (SEC) has moved to assure investors in the fixed-income segment of the market of their holdings’ safety, following agitation over its directive for fund managers to adopt the Fair Value through Other Comprehensive Income, or mark-to-market valuation approach of portfolios. The move, the securities industry...
The Minerals Income Investment Fund (MIIF) is to commit GH¢25million to the Injaro Ghana Venture Capital Fund (IGVCF), which is managed by the Injaro Investment Advisors Ltd. (IIAL). Consistent with MIIF’s mission to become a lever for Ghana’s development and Injaro’s objective of building sustainable African businesses, the investment strategy...