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Category: Banking & Finance

SIC Insurance Bounces Back

Banking & Finance, Insurance August 5, 2014September 2, 2014 MASAHUDU ANKIILU 0 Comments

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 […]

Banks’ Assets Surge But Businesses Can’t Access Credits

Banking & Finance July 15, 2014September 2, 2014 MASAHUDU ANKIILU 0 Comments

By Mashood A Kunateh in Accra, Ghana Total assets of banks operating in Ghana have risen significantly at the time that the Ghanaian government is lacing its boots to go for International Monetary Fund’s (IMF’s) bailout. From January to May 2014, the banking sector remains sound and continues to expand, evidenced by strong asset growth, […]

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Latest stories

  • Tirus Mwithiga: CIB Kenya Is Building a Financial Bridge Between Egypt and East Africa ” 1- 2 “ August 7, 2026
  • Shock Jobs Report Ends the Case for a September Kike: deVere CEO August 7, 2026
  • Ghana: Mahama Names Zanetor Rawlings for Environment, Ayariga for Local Gov’t in Frst Reshuffle August 7, 2026
  • ‘I’m Older Than him; He Has No Right to Call me a Nobody’ – Nana Yaa Jantuah Hits Back at Minority Leader August 7, 2026
  • Coalition Urges Zambia Government to Uphold Digital Rights Ahead of August Elections August 7, 2026

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