Motor Insurance continued its dominance in the general insurance category of insurance business in the second quarter of 2021. It earned GH¢648,214,114 in the second quarter as against GH¢310,097,324 in the first quarter, representing a 52.2% increase. Motor insurance contributed GH¢648,214,114 out of the total gross premium income of GH¢1,260,935,087...
The Ministry of Works and Housing and Ministry of Human Settlements-South Africa have jointly declared their intent to collaborate on driving development in the critical fields of housing, human settlements and urban development in both countries. This, according to both countries, signals an affirmation of commitments by Ghana and...
The deadline for submission of applications for the maiden edition of The OpEx Prize Competition, www.opexprize.org has been extended to April 15. The extension is to allow applicants who were unable to comprehensively complete their application do so and also allow for new applications. Launched on March 3, 2021, The...
…shareholders urged to increase investments Atwima Rural Bank PLC at Foase in the Atwima Kwamwoma district of Ashanti Region is back on the path of making profit after a short period of operational distress. By this, existing shareholders and prospective ones have been urged to buy more shares to set the...
Brighter Investment, a social enterprise that provides full financial support to talented students in developing countries, in partnership with the Ministry for Business Development and the Association of African Universities (AAU) will be conducting a nationwide career-tracer study on most viable career pathways among Ghanaian graduates in August. The study...
Government has extended the deadline for the registration of SIM to 31st July 2022. The SIM registration exercise, which began on 1st October, 2021 was expected to end on 31st March, 2022. A statement from the Ministry of Communications and Digitalisation said as at 17th March, 14,091,542 SIM Cards have...
Data from the Ghana Revenue Authority (GRA) shows that between 2015 and 2020 the contribution of personal income tax fell from 2.1 percent to 1.22 percent - a situation that is affecting domestic revenue mobilisation, as the country is among the continent’s economies with the poorest tax to GDP...
The Governor of the Bank of Ghana, Dr. Ernest Addison, has urged bank executives to prioritise the promotion of ethics and the reinforcement of moral behaviour, as this is crucial in not only preventing fraud, but boosting public confidence in the sector. His comments come on the back of the...
Mad Sena Siaw Boateng, Ghana's Ambassador to Belgium and Permanent Representative to the European Union, has encouraged young Ghanaian women to cultivate the passion for International Affairs from an early age, if they desire to make strides in global institutions. This, coupled with intellectual curiosity and excellent communication skills,...
The Ghana Employers’ Association (GEA) is pushing the Bank of Ghana to direct commercial banks to loan out excess liquidity derived as a result of COVID-19 interventions introduced by the Central Bank to only businesses affected by the outbreak of the pandemic. “Bank of Ghana should redirect that excess funds...