Daily Archives - June 30, 2022
30Jun

NIC poised to strengthen insurance education – Dr Justice Ofori

The National Insurance Commission (NIC) in partnership with the Ghana Insurers Association (GIA) and supported by Graphic Communications, have launched the maiden edition of the Insurance Fair. The Insurance Fair, which is expected to be an annual event where insurance companies will get the opportunity to showcase insurance products and services to the public, is in furtherance of the industry’s celebration of ‘Insurance Awareness Month.’ Speaking at...

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30Jun

Remittances could increase by 16% as global economic activities rebound—Zeepay MD

The Managing Director of Zeepay, Andrew Takyi-Appiah is predicting a 16 percent growth in remittances following a rebound in economic activities on the global market. According to him, more Ghanaians in the diaspora are getting new jobs as most countries begin to expand their economic activities after the COVID-19 pandemic. Figures from the Bank of Ghana show that Ghana received remittances...

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30Jun

Government collaborates with insurance, pension regulators to develop annuity, syndicate markets

Government is strongly collaborating with regulators in the insurance and pensions industry to develop annuity and syndicate markets. According to the Head of Pensions and Insurance Unit at the Ministry of Finance, Benjamin Torsah-Klu, this will stimulate long term investments of pension and insurance funds. Speaking on behalf of the Finance Minister, Ken Ofori-Atta at the 6th African Actuarial Congress ongoing...

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30Jun

Development Bank set to offer long term financing to SMEs

With guaranteed operational independence, clear cut vision and a strong balance sheet amounting to 750 million dollars, the Development Bank Ghana (DBG) is set to offer long term long financing to Small and Medium Scale Enterprises (SMEs) operating in the country. With guaranteed operational independence, clear cut vision and a strong balance sheet amounting to 750 million dollars, the Development...

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30Jun

Victims of ponzi schemes are mostly security personnel – BoG

The Bank of Ghana has offered financial literacy training to personnel of the Ghana Immigration Service in the Ashanti region. The training is aimed at empowering the security personnel with knowledge in managing their finances and to make the right financial decisions. The workshop is part of the Bank of Ghana’s annual activities to educate the public on financial management. The training covered critical areas including, identification...

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