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Monday 20 May 2013

2013-05-19

[B] Fiaseman Rural bank declares 1,828,387.00 cedis as net profit
[B] EDAIF can boost agricultural productivity to GDP- Board Member

2013-05-13

[B] Gov't pins hopes on capital market

2013-05-10

[B] NIC to get tough on uninsured commercial property owners

2013-05-08

[B] MTN commands 65% of data market in Ghana

2013-05-06

[B] Effutu To Get Oil Refinery

2013-05-01

[B] Prestea Comes Alive…As Underground Mines Open

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[B] UT Bank launches Bank on Wheels

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[B] Remove fuel subsidies now - IMF tells Gov't  

2013-04-12

[B] Market premium not negotiable - White Paper

2013-04-09

[B] Offshore oil discovery affecting maritime security dynamics - Navy

2013-04-08

[B] Inflation will return to single digit by June – BoG
[B] Local airlines resume full capacity operations to Kumasi

2013-04-07

[B] Mining sector gives Ghana US$2 billion annually

2013-04-05

[B] Ghana to mine diamond in Zimbabwe

2013-04-04

[B] PEF now Private Enterprise Federation
[B] Tullow Oil downplays worries over possible damages to wells   

2013-03-28

[B] World Bank provides support for developmental gov’t programmes
[B] Sea water to be purified for Takoradi residents   

2013-03-22

[B] Tullow Oil apologizes to Ugandan President over false allegations
[B] GNAT bank can compete – Banking Consultant  
[B] Improving energy capacity is a must - Hannah Tetteh   

2013-03-21

[B] Barclays Bank Ghana MD resigns
[B] Tullow signs 5-year deal with FMC Technologies

2013-03-12

[B] 9% deficit reduction is not ambitious – Dr. Kwakye
[B] Access Bank temporarily closes Ring Road

2013-02-28

[B] 2013 Budget to be presented to parliament on March 5
[B] Employers Association decries high cost and access to credit
[B] Statement: GGBL launches new true Ghanaian beer, Ruut Extra

2013-02-27

[B] Gov’t is scheming to sell TOR - Minority  

2013-02-26

[B] Credit Union Bill anticipated to be passed this year
[B] British Airways is very committed to Ghana - James Wooldridge
[B] Lufthansa awarded 5-Star rating for its First Class product
[B] TOR boss, Energy Minister, make contradictory statements on TOR debt

2013-02-25

[B] Retrieve redundant radio frequency licences Communications Minister tells NCA
[B] Ghana must ensure transparency in management of oil revenue - Okonjo-Iweala

2013-02-20

[B] Menergy International Unhappy

2013-02-18

[B] Trade records $4.2 billion deficit  
[B] Single Spine, Cedi shock economy
[B] EuroStar Global Limousine unveils top range luxury Limosines for rental services
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Business

[ 2012-02-24 ]

Insurance sales professionals must be more aggressive - Vangaurd Assurance boss
Marketers and sales persons have been charged to
adopt the aggressiveness of bankers in selling
insurance products in the country.

The Chief Executive Officer of Vangaurd Assurance,
Mr Gideon Amenyedor, threw the challenge at a
ceremony to award sales executives for outstanding
performance in 2011.

He said unlike bankers who managed to change the
situation where Ghanaians largely kept their money
under their beds to one where even market women
now troop to the banks, sales personnel of
insurance products were not proactive enough.

Mr Amenyedor said many Ghanaian companies and
individuals were not taking insurance seriously
because “insurance sales professionals are not
adopting innovative ways to convince the good
people of Ghana to adopt insurance as the most
time-tested medium to hedge themselves against
insurable losses.”

In addition, he said the reliance on the extended
family system was one reason Ghanaians were not
recognizing the essential nature of insurance.

“Insurance is the father of all profession.
Insurance provides financial protection to
individuals and corporate bodies and thus gives
peace of mind to them to pursue their dreams.
Unfortunately most small scale businesses are not
insured. A good example is what is reported in the
front page of today's Daily Graphic that a blazing
fire swept through a section of Suame Magazine in
Kumasi last Wednesday night. According to the
report which showed the picture of the scene, the
owners are traumatized because the goods destroyed
are worth thousands of Ghana cedis [but] are not
insured,” he stated.

He said now that “our dear country is now an oil
economy and this coupled with the fact that we
practice one of the best forms of democracy, many
investors will continue to choose Ghana as the
safe place for the investment. As the economy
expands many people look up to the professional
insurance to provide the appropriate advice to
hedge against insurable losses.”

He believes the award will spur sales executives
on to achieve greater heights.

Source - MyjoyOnline



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