No Result
View All Result
Friday, July 1, 2022
Citi Business News
  • Home
  • News
    • All
    • Agriculture
    • Economy
    • General
    • Government
    • Local Economy
    • Top Stories

    We’re not charging E-levy on merchant accounts – GRA

    Gov’t still plans on tabling a legislation to compel banks to lend to the Agric sector – Agric Minister

    AfCFTA Secretariat calls for accelerated dev’t for key infrastructure in Africa to boost trade

    Financial transactions will be allowed even without Ghana card from 1st July – GAB assures

    Enterprise Group PLC records 37% rise in revenue in 2021

    Prices of petrol, LPG to fall by 4% in first pricing window of July – IES

    Losses due to fraud in banking sector in 2021 up by 144%; hits GH¢61m – BoG report

    ASTM International pledges support for Ghana’s petroleum industry

    NIB MD laments cost of borrowing for private sector

  • Business
    • All
    • Agribusiness
    • Banking And Finance
    • Manufacturing
    • Markets
    • Mining
    • Oil And Gas
    • Real Estate
    • Tourism
    • Transport

    Gov’t still plans on tabling a legislation to compel banks to lend to the Agric sector – Agric Minister

    Financial transactions will be allowed even without Ghana card from 1st July – GAB assures

    Enterprise Group PLC records 37% rise in revenue in 2021

    Prices of petrol, LPG to fall by 4% in first pricing window of July – IES

    Losses due to fraud in banking sector in 2021 up by 144%; hits GH¢61m – BoG report

    ASTM International pledges support for Ghana’s petroleum industry

    NIB MD laments cost of borrowing for private sector

    Finance professionals urged to develop strategies to boost ESG-driven business environment

    Gov’t likely to scrap E-Levy if its revenue stays low – Tax analyst

  • TECHNOLOGY

    Financial transactions will be allowed even without Ghana card from 1st July – GAB assures

    Losses due to fraud in banking sector in 2021 up by 144%; hits GH¢61m – BoG report

    BoG, CSA deepen collaboration to fight cyber threats

    Dr. Bawumia unveils Ghana’s first Tier IV data centre

    ADB pioneers in global remittance services in Ghana [ARTICLE]

    Introduction of GhanaPay complements efforts to capture the unbanked into digital payments ecosystem – Veep

    #CitiBusinessFestival: How the country can take advantage of the “Ghana Opportunity”

    Chamber of Telecommunications calls for more investment into Technology to improve livelihoods

    Citi Business Festival: Address lack of financial data challenges using MoMo – Rufai Abdul Majeed

  • INTERNATIONAL
    • All
    • Africa
    • Asia
    • Europe
    • Middle East
    • US

    Africa’s internet economy to cross $180 billion by 2025: Report

    Regional economic cooperation needed to enhance Africa’s competitiveness – Bawumia

    Ivory Coast is set to receive $26.1 billion worth of development finance from 4 lenders, the EU and France

    Gulf central banks, Bank of England raise policy rates after Fed hike

    US Fed meets inflation surge with 75bp hike

    As Nigeria’s inflation rate accelerates to 17.71%, the World Bank warns millions could face extreme poverty

    Modern airline tickets design with flight time and passenger name. Plane tickets vector pictogram. Airline boarding pass template. Vector illustration. The concept of air transportation

    Ticket prices to rise following B.A schedule change on Accra-London-Accra route

    Bawumia calls for more AfDB support as African economies battle global challenges

    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

  • FEATURES
  • Videos
Citi Business News
  • Home
  • News
    • All
    • Agriculture
    • Economy
    • General
    • Government
    • Local Economy
    • Top Stories

    We’re not charging E-levy on merchant accounts – GRA

    Gov’t still plans on tabling a legislation to compel banks to lend to the Agric sector – Agric Minister

    AfCFTA Secretariat calls for accelerated dev’t for key infrastructure in Africa to boost trade

    Financial transactions will be allowed even without Ghana card from 1st July – GAB assures

    Enterprise Group PLC records 37% rise in revenue in 2021

    Prices of petrol, LPG to fall by 4% in first pricing window of July – IES

    Losses due to fraud in banking sector in 2021 up by 144%; hits GH¢61m – BoG report

    ASTM International pledges support for Ghana’s petroleum industry

    NIB MD laments cost of borrowing for private sector

  • Business
    • All
    • Agribusiness
    • Banking And Finance
    • Manufacturing
    • Markets
    • Mining
    • Oil And Gas
    • Real Estate
    • Tourism
    • Transport

    Gov’t still plans on tabling a legislation to compel banks to lend to the Agric sector – Agric Minister

    Financial transactions will be allowed even without Ghana card from 1st July – GAB assures

    Enterprise Group PLC records 37% rise in revenue in 2021

    Prices of petrol, LPG to fall by 4% in first pricing window of July – IES

    Losses due to fraud in banking sector in 2021 up by 144%; hits GH¢61m – BoG report

    ASTM International pledges support for Ghana’s petroleum industry

    NIB MD laments cost of borrowing for private sector

    Finance professionals urged to develop strategies to boost ESG-driven business environment

    Gov’t likely to scrap E-Levy if its revenue stays low – Tax analyst

  • TECHNOLOGY

    Financial transactions will be allowed even without Ghana card from 1st July – GAB assures

    Losses due to fraud in banking sector in 2021 up by 144%; hits GH¢61m – BoG report

    BoG, CSA deepen collaboration to fight cyber threats

    Dr. Bawumia unveils Ghana’s first Tier IV data centre

    ADB pioneers in global remittance services in Ghana [ARTICLE]

    Introduction of GhanaPay complements efforts to capture the unbanked into digital payments ecosystem – Veep

    #CitiBusinessFestival: How the country can take advantage of the “Ghana Opportunity”

    Chamber of Telecommunications calls for more investment into Technology to improve livelihoods

    Citi Business Festival: Address lack of financial data challenges using MoMo – Rufai Abdul Majeed

  • INTERNATIONAL
    • All
    • Africa
    • Asia
    • Europe
    • Middle East
    • US

    Africa’s internet economy to cross $180 billion by 2025: Report

    Regional economic cooperation needed to enhance Africa’s competitiveness – Bawumia

    Ivory Coast is set to receive $26.1 billion worth of development finance from 4 lenders, the EU and France

    Gulf central banks, Bank of England raise policy rates after Fed hike

    US Fed meets inflation surge with 75bp hike

    As Nigeria’s inflation rate accelerates to 17.71%, the World Bank warns millions could face extreme poverty

    Modern airline tickets design with flight time and passenger name. Plane tickets vector pictogram. Airline boarding pass template. Vector illustration. The concept of air transportation

    Ticket prices to rise following B.A schedule change on Accra-London-Accra route

    Bawumia calls for more AfDB support as African economies battle global challenges

    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

  • FEATURES
  • Videos
No Result
View All Result
Citi Business News
No Result
View All Result

COVID-19: Allianz Life pledges GHS8.4m life insurance for front-line health staff

byNerteley Nettey
March 21, 2020
in Business, News, Top Stories
Share on FacebookShare on TwitterShare on Whatsapp

As part of efforts to help mitigate the spread on the deadly Coronavirus in the country, Allianz Life Insurance has announced free life insurance cover worth GHS8.4 million to medical professionals in three hospitals in the country who may come into direct contact with people infected with the highly infectious deadly COVID-19.

The selected health institutions include 37 Military Hospital, Korle-Bu Teaching Hospital in the Greater Accra region, and the Komfo Anokye Teaching Hospital in the Ashanti region.

Speaking to Citi Business News, at a ceremony to present the package to the management of the 37 Military Hospital, Chief Executive Officer of Allianz Life Insurance, Gideon Ataraire stated that the gesture is to acknowledge the sacrifices these professionals make in their quest to ensure the infection is brought under control.

ADVERTISEMENT

“We recognize that the government has put in place a number of measures to ensure that this outbreak is contained. For us at Allianz Life, we looked at what the government has done and decided to add to these measures by taking care of these professionals at the frontline of this fight in case of any eventuality,” he said.

The package covers 112 medical doctors and 620 nurses who work in the emergency sections and other key departments in the three health institutions. The 12-month cover insures the medical professionals against incidents that may happen over the period regardless of whether it is COVID-19 related or not.

These professionals are expected to receive compensation in the event of any incident that renders them unable to perform their duties while their families are assured of compensation from Allianz Life Insurance in the event of death.

Commanding Official of the Hospital, Col. A. G. Bugri, receiving the package on behalf of the management of the 37 Military Hospital said the insurance package would serve as additional motivation for medical professionals who happen to be at the frontline of COVID-19.

“This is a very kind gesture because we at the frontline are worried about what happens to us. You can get infected and when that happens and you know there is an insurance package to remedy such a tragedy, you are very happy.This emboldens us to go forward and our families would know if anything happens, there is  something to lean on,” he said.

As at Saturday March 21, 2020, Ghana has recorded 21 cases of people who have tested positive for COVID-19, and has identified over 400 contacts who have been exposed to the disease, according to the Ghana Health Service.

Effects of COVID-19

Since the outbreak of COVID 19, business activities globally have witnessed a dip, running into huge financial losses. The airline industry is one of the hardest hit with airlines losing billions of dollars due to a huge drop in bookings. Other sectors that are beginning to also feel the brunt of the outbreak is the hospitality and tourism sector.

Health experts warn of more possible COVID-19 cases – Oppong Nkrumah

Earlier this week, Information Minister, Kojo Oppong Nkrumah said Ghana is likely to record more cases of COVID-19 with the next two weeks.

He said predictions by health experts are that the number of cases of the pandemic will rise within the above mentioned period before a likely decline of the spread of the disease.

“The health experts tell us that the next two weeks are critical in determining whether or not we will get significant community spread. They tell us that, the general theory of pandemic management is that, often the numbers are likely to go up a bit before the situation gets better. Therefore, they are bracing for the possibility of some limited recordings of more cases in the medium term but they continue to assure us that, the systems they are putting together are such that we are able to control it and hold this virus in check,” he said.

Global Statistics

The 2019 novel coronavirus, officially named as COVID-19 by the WHO, has spread to more than 170 countries, prompting the World Health Organisation (WHO) to declare the disease as a pandemic.

Confirmed novel coronavirus cases have crossed 200,000, while more than 8,000 deaths have been reported across the world, as Europe becomes the new epicentre of the disease. Approximately 60% of the global COVID-19 cases are currently outside China, the original source of the disease.

Related Posts

Tax

We’re not charging E-levy on merchant accounts – GRA

byBenjamin Aklama

The Ghana Revenue Authority (GRA) has denied reports on various social media platforms indicating that the authority will from today,...

Read more

Gov’t still plans on tabling a legislation to compel banks to lend to the Agric sector – Agric Minister

AfCFTA Secretariat calls for accelerated dev’t for key infrastructure in Africa to boost trade

Financial transactions will be allowed even without Ghana card from 1st July – GAB assures

Enterprise Group PLC records 37% rise in revenue in 2021

Prices of petrol, LPG to fall by 4% in first pricing window of July – IES

Losses due to fraud in banking sector in 2021 up by 144%; hits GH¢61m – BoG report

Next Post
Executive Director of the Chamber of Petroleum Consumers, Duncan Amoah.

OMCs' justification for insignificant drop in fuel prices unfair to consumers - COPEC

Video on Demand: Business Weekly

ADVERTISEMENT
Citi Business News

© 2019 Citi Business News - CitiBusinessNews.com by CNR Digital.

Navigate Site

  • Home
  • News
  • Business
  • TECHNOLOGY
  • INTERNATIONAL
  • FEATURES
  • Videos

Follow Us

No Result
View All Result
  • Home
  • News
  • Business
  • TECHNOLOGY
  • INTERNATIONAL
  • FEATURES
  • Videos

© 2019 Citi Business News - CitiBusinessNews.com by CNR Digital.