The Zimbabwean government has reaffirmed its commitment to improving healthcare financing through a series of initiatives, including a sugar tax, a health levy, and plans to implement a National Health Insurance scheme. At a recent conference in Harare, officials announced that the sugar tax had generated $18 million, while the health levy contributed $10 million … Read more
Consolidated Bank Ghana (CBG) has reported its highest quarterly revenue since its inception, posting an impressive GH¢1 billion in Q3 2024. This milestone reflects the bank’s continued growth and strategic focus on innovation and customer-centric solutions. Profit before tax experienced an extraordinary surge, rising to GH¢169.9 million, a staggering 3,105% increase from GH¢5.3 million in … Read more
With an insurance penetration rate of just 1.0% as of 2024, Ghana’s insurance market remains one of the least developed in Africa. According to Deloitte’s Africa Insurance Outlook, this statistic highlights significant gaps in coverage across the country. However, beneath this low penetration rate lies immense potential for growth, fueled by population expansion, rising financial … Read more
The holiday season is synonymous with office Secret Santa exchanges—a time-honored tradition that brings a mix of excitement and anxiety. Finding the perfect gift for a co-worker, especially on a tight budget, can feel like an impossible task. However, with a little creativity and thoughtfulness, you can select a gift that’s both inexpensive and appreciated. … Read more
If wanderlust runs in your veins and you dream of experiencing different cultures while earning a living, there’s good news: many careers allow you to travel regularly or even live abroad. Below are some of the best jobs for those who love to travel, ranging from entry-level positions to specialized careers requiring advanced skills. Jobs … Read more
As we look ahead to 2025, artificial intelligence remains a dominant force shaping industry trends. However, themes of scalability, responsibility, and safety are becoming more prominent as organizations move beyond experimentation to enterprise-wide AI adoption. The Evolving Focus on Data and Governance For businesses to unlock AI’s full potential, the foundation lies in robust data … Read more
Ghana’s Vice President, Dr. Mahamudu Bawumia, has officially launched MyCredit Score, a groundbreaking credit scoring platform aimed at enhancing access to credit and promoting financial inclusion in the country. The new platform, available to both individuals and businesses, is designed to provide a standardized credit score to assist lenders in making more informed and responsible … Read more
In a move that aims to strengthen data security and privacy, Zimbabwe’s Minister of Information and Communications Technology (ICT), Hon. Tatenda Mavetera, has announced that all WhatsApp group administrators will soon be required to obtain a license from the Post and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ). The new rules, which are expected to be … Read more
Safaricom PLC, Kenya’s largest telecommunications company, reported a 17.7% drop in its half-year net profit to KSh 28.1 billion from KSh 34.1 billion. The earnings slump is attributed to a steep 106% depreciation of the Ethiopian Birr, which significantly impacted its fledgling Ethiopian operations. This adverse currency shift inflated Safaricom’s expenses in Ethiopia, costing the … Read more
Navigating the mortgage landscape in Ghana is essential for aspiring homeowners and real estate investors looking to make informed financial decisions. Mortgages provide a means of financing home purchases, but for many, understanding the options, processes, and requirements is critical to making wise investments. Here’s a primer on how mortgages work in Ghana, the types … Read more