Source: Raissa Sambou, Contributor
Bartholomew Darko, Managing Director, Tema Tank Farm
Tema Tank Farm (the 2020 Depot of the year) continues to place more emphasis on the health and safety of its staff, customers, and other stakeholders even before the pandemic.
TTF periodically organizes safety clinics and educational seminars for staff, tanker drivers and all the players at the depot.
According to the Managing Director of Tema Tank Farm (TTF), Mr. Bartholomew Darko, who was speaking in an interview in Tema (Chase Logistics/TTF Depot) yesterday, such practices go a long way to protect businesses in mist of challenges such as those posed by the covid-19 pandemic.
Ebere Nwoji writes on the impact of the pandemic on the global insurance sector
As the second wave of the much dreaded coronavirus hits the globe, insurance sector all over the world is now under threat of several litigations filed by the global insuring public for diverse claims.
Indeed, the pandemic, has created a highly volatile and uncertain environment for insurance companies worldwide including in Nigeria, resulting in a litany of heightened risks for operators.
The situation has led to a rise in litigations against insurance firms and their regulatory bodies.
Here in Nigeria, issues surrounding the pandemic has truncated the accomplishment of the insurance industry’s recapitalisation exercise initiated by the National Insurance Commission (NAICOM) as both the insurance managers and their shareholders took the commission to court arguing that it should have dropped the recapitalisation exercise because of effect of the pandemic and Enders protest.
By Obinna Chima
McKinsey & Company, a global management consultancy services company, has described the insurance sector in Nigeria and some other countries in Africa as one of the worldâs hot regions for insurance penetration.
The global firm stated this in a report titled: âAfricaâs insurance market is set for takeoff.â
It noted that steady economic growth in most countries combined with a largely underdeveloped insurance sector have positioned the continent as the second-fastest-growing region for insurance globally after Latin America.
Prior to the impact of COVID-19, the insurance market was expected to grow at compound annual growth rates (CAGRs) of seven per cent per annum between 2020 and 2025, nearly twice as fast as North America, over three times that of Europe, and better than Asiaâs six per cent, it stated.
Use ICT tools to grow businesses-Women Entrepreneurs advised 19th Dec 2020 | Source: GNA
Some women entrepreneurs within the Sekondi-Takoradi Metropolitan Assembly (STMA) have been encouraged to use ICT and other social media tools to advertise their businesses.
The technology, according to Madam Alice Ama Darko, a facilitator has become the new normal especially in the era of COVID-19.
Ms. Darko was facilitating a session on Business trends and tips for women entrepreneurs at a programme organised by the Friends of the Nation in Takoradi in the Western Region.
The Programme was on the theme: Empowering women entrepreneurs to derive maximum benefits from Ghana s Oil and Gas sector .