Ghana’s quest to reduce the almost 2 million housing deficit may take a long time as interest on mortgage loans continue to rise. According to latest average interest and Annual percentage report released by the Bank of Ghana, interest on home loans increased marginally from 30.6 to 31.5 percent between May and September this year. … Read more
The United States Agency for International Development (USAID) and four other organisations have signed an agreement under an initiative to provide life micro-insurance for fisher folk within the fishing communities in the country. The agreement forms part of commitments to transform and develop Ghana’s Fisheries and Agricultural sector while supporting the Sustainable Development Goals (SDGs) … Read more
The newly sworn in President of the Ghana Insurers Association, Mrs Aretha Abena Abrafi Duku has observed that for the industry to register continued growth, it would require that various stakeholders collaborate their efforts. She said when industry players exhibited a strong front, it would help counter negative public perceptions about insurance in the country. … Read more
Rural women in remote areas of Kumbungu District of the Northern Region have been taught the need to cultivate a savings culture to expand their business activities. The women, who are involved in subsistence farming, sheabutter production and trading in the market among other things, contribute GH¢1 every week and kept in a box under … Read more
Wapic Insurance Company Limited has told Citi Business it has grown by over 40 percent in the first half of the year. Wapic Insurance was among the first companies to recapitalize ahead of the date set by the National Insurance Commission (NIC) for all insurance companies to recapitalize by a set date. Speaking to Citi … Read more