The IMF Executive Board has approved a financing package for Kenya of about $700 million that the East African country’s authorities plan to use as insurance against external shocks.
Category: Insurance
South Africa’s Hollard Takes over Ghana’s Insurance Giant
IVM Intersurer, which owns a significant stake in Hollard Insurance, has bought majority shares in Ghana’s Met Insurance.
Sub Saharan African Equity Issuance Doubles
Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, today released the annual investment banking analysis for the Sub Saharan Africa region.
Provident Life Assurance Rebrands To Old Mutual Ghana
OLD Mutual, a leading international long term savings, banking and investment group, has rebranded Ghana’s Provident Life Assurance to Old Mutual Ghana Limited over the weekend.
Britam Outshines Rivals In Maiden Industry Research
BRITAM has been awarded the QUDAL – QUality meDAL, an international recognition only awarded to products and companies which offer consumers the greatest level of quality.
Bank Of Africa Eases Banking
THE Bank of Africa (BOA), a leading commercial bank in Ghana has introduced a secure and easy-to-use mobile banking application onto the Ghanaian market.
Ghana Deepens Fight Against Money Laundering
By Mohammed Awal in Accra, Ghana Ghana’s fight against money laundering and financing of terrorism has received a major boost following the commencement of a National Risk Assessment (NRA) workshop to set up a robust and resilient Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) regime in the country.
Doctors Want Insurance Cover To Fight Ebola
The Ghana Medical Association (GMA) is demanding an insurance package in an event of an Ebola outbreak in Ghana. The insurance is to serve as motivation for health workers who will be tasked to treat affected patients. The association says the insurance should also come with the necessary protective gear needed to handle Ebola patients. […]
SIC Insurance Bounces Back
Foremost insurer, SIC Insurance Company Limited has bounced back to making profit. The company posted a profit before tax of GHc 12,832,687 in 2013, a feat described by the Chairperson of the company, Mrs. Felicity Acquah as a positive indicator for shareholders. “However, as a result of the huge debt write-off of GHc 7,976,682 and […]