In the early 1990’s, the Life insurance industry like almost all other insurance industries experience an urge to merge.
The total premiums of acquired Life insurance companies increased from USD18billion or 2% or world premium in 1994 to USD53billion or 5% of world premium in the first three quarters of...
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...
Nana Agyekum Dwamena, Head of the Civil Service (HCS), has said Personal Assistants (PAs) and Technical Advisors (TAs) at various Ministries, Departments and Agencies (MDAs) are impeding the work of civil servants.
This development has become a cause for concern. Consequently, the new civil service law has made clear proposals...
… as fourth Annual General Meeting held
In the face of rising cyber security breaches as a result of increased adoption of digital finance platforms, especially spurred on by the ongoing pandemic, Zeepay, a leading fintech in the country, has said it is well positioned to deal with current threats...
The Association of Chartered Certified Accountants (ACCA), has launched a report to outline measures that companies can adopt to recover from the impact of the Coronavirus pandemic on their businesses.
Titled ‘Road to Recovery Report’, the accounting professionals and over the 1,000 participants across markets who gathered for the virtual...
Many entrepreneurs share specific qualities that are vital for starting and growing a business. They are passionate, resilient, focused on opportunities and comfortable with risks. But the quality that might have the most influence over an entrepreneur’s success is confidence - the belief in one's ability to succeed.
One may...
Celltel Networks Limited, a member of Kludjeson International Limited Group, has signed a US$5.5 million (GH¢33 million) assembling plant equipment deal with China Hainergy New Energy Corp. Limited (CHNECL) as it readies to deploy its nationwide Ghana Smart Cities project.
That, in additional to the factory building brings the whole...
Fifty years ago, Milton Friedman published an article in the New York Times that articulated what has come to be known as the Friedman doctrine: “the social responsibility of business is to increase its profits.” It was a theme he had developed in his 1962 book Capitalism and Freedom,...