Metropolitan Life Insurance has introduced a funeral policy with various benefits for policyholders including waiver of premium payment on the retirement of the premium payer. This means that the policyholder retires with premium payment but still has policy and premium cover for life. Known as the Family Eternity Plus (FEP), the policy is a solution […]

Daniel McCauley [L]; Frank Adu [R] Mr. Frank B. Adu, Managing Director, Cal Bank Ghana, has been voted as Most Customer Focused Managing Director of the Year, with Dr. Daniel McCauley, Chairman of McDan Group of companies voted as Ghana Customers Most Admired Business Leader of the Year, respectively in a survey by Team Ghana […]

Managing Director of Cal Bank, Mr. Frank Adu Jnr Where the policy owner dies through accident, the policy will pay double the main funeral benefit subject to a maximum of Gh₵120,000, first-ever on the Ghanaian market. Interestingly, in the event of death, 25percent of your funeral benefit—Gh₵15,000 is paid for the one week celebration expenses […]

Governor of Bank of Ghana, Dr. Ernest Addison The recent banking reforms are paying off as banks that have so far released their unaudited 2019 half-year results have registered positive gains. GCB, ADB, StanChart, CAL and others have all released sterling first-half year financial results with strong balance sheets. Indigenous banks have, so far, impressed […]

Country Head, Metropolitan Ghana, Tawiah Ben-Ahmed Life insurance companies must ensure the funeral products they provide really meet the expenses and fund the cost associated with today’s funeral, Country Head, Metropolitan Ghana, Tawiah Ben-Ahmed has advised. Speaking at the launch of Metropolitan Life Insurance’s Family Eternity Plus(FEP) in Accra, he said the cost of funeral […]

PDS has insisted it did nothing wrong The government of Ghana made a shocking announcement last week, declaring it had suspended a concessionaire agreement with a consortium called Power Distribution Service (PDS) for thirty days. The PDS had been responsible for managing the retail, and distribution business of the electricity company of Ghana since March […]

Students selected from 20 Senior High School in Ashanti and Bono Regions, ended Science, Technology, and Engineering and Mathematics Camp in Kumasi. The focus of the five-day residential session was to provide mentorship and demystify the study of science-based courses and Maths among female students in Senior High Schools It was organised by Women in […]

Zimbabwean banks have been served with a summons in a $100 million lawsuit accusing lenders of colluding to stamp out competition in the provision of bulk-payment services, such as salary disbursements. Cambria Africa Plc’s Paynet Zimbabwe and Payserv Africa units are claiming the damages from the Bankers’ Association of Zimbabwe, according to the summons, dated […]

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), has retained the Monetary Policy Rate (MPR) at 13.5 per cent. The CBN Governor, Mr Godwin Emefiele made this known while addressing newsmen on outcome of the MPC meeting in Abuja on Tuesday. Emefiele said the committee also retained Cash Reserve Ratio (CRR) […]

Ghana and France have signed a Memorandum of Understanding (MoU) to deepen bilateral cooperation between the two countries. The MoU which was signed on the sidelines of President Nana Akufo Addo’s visit to France and as part of the France-Ghana Investment Forum in Paris also saw the signing of two credit facilities. The Minister of […]