GLICO LIFE pays over 64 million claims in 2018

GLICO LIFE, a major life insurance company in Ghana, has paid out an astronomical ₵64, 767, 019. 44 in claim payment to its life insurance policyholders in 2018. Since it began business operations in Ghana in 1987,  with the sole…

K.K Sarpong denies IMANI claims; demands retraction

Dr. K.K Sarpong is demanding an “unreserved apology” from IMANI within two weeks. Chief Executive Officer of Ghana National Petroleum Commission (GNPC) has denied a claim by IMANI Africa citing him for potential conflict of interest over an agreement between the GNPC…

Dynamax launches ‘Apotro’ App to boost travelling experience

A Ghanaian tech company, Dynamax Technology Company Ltd has launched a Mobile App – Apotro to boost the travelling experience of passengers across the country. Apotro is not just a regular online travel agency but an enabler of the bus…

Ghana’s unemployment menace purely a case of skills deficit – Prof. Baah Boateng

A Labor economist says Ghana’s unemployment situation is purely a case of skills deficit in the country.  Prof. Baah Boateng said there are jobs yet many lack employable skills to land these jobs.  In an exclusive interview with JoyBusiness, he…

Mining Firm Sues Standard Chartered Bank Ghana over €1m theft

Five Star Mining Company Limited has sued Standard Chartered Bank Ghana Limited for refusing to allow it withdraw money from it account after the Economic and Organized Crime Office (EOCO) has defreeze its account. The plaintiff in a writ cited…

Take legal action against loan defaulters – Outgoing Republic Bank MD urges banks  

The outgoing Managing Director of the Republic Bank Ghana has urged commercial banks in the country to consider taking legal actions against loan defaulters.   According to Anthony Jordan, this has become necessary to reduce non-performing loans on their books. …

Expert Predicts Niger Delta For Ghana’s Volta Basin

An energy expert, Mr Jantuah fears a similar situation may occur in Ghana with the Voltarian Basin which accounts for more than 40% of Ghana’s land mass. It stretches from the Eastern, Ashanti, Brong Ahafo, Northern and Volta regions. The…

Ghana May Lose US$30billion Oil Find To Aker Energy —IMANI Ghana

Unless the government acts quickly to protect the interest of the state, Ghana may lose a $30 billion oil find to a Norwegian company, Aker Energy, policy think tank IMANI Ghana has said. The estimated 450 million to 550 million…

More Dumsor To Begin Friday April 26—PDS

Power Distribution Services (PDS) says it regrets the inconvenience that will arise out of this exercise. Earlier this month, PDS released a list of areas that would experience outages. Areas including Tarkwa, Bogoso, Asawinso and Juaboso, experienced a string of…

NPA & K-Petro Sign MoU To Promote Petroleum Quality

Chief Executive of the National Petroleum Authority (NPA), Hassan Tampuli and his counterpart at the Korean Petroleum Quality and Distribution Authority (K-Petro), Son Joo-Suk, have pledged their commitment to work together to promote quality petroleum products while contributing to efforts…