SIC recovers state insurance businesses sold to private firms under Akufo-Addo

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COWARDS 18 hours ago

So why is the biggest looter of our Ghana aka the akyempanzee still a free man?

So why is the biggest looter of our Ghana aka the akyempanzee still a free man?
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Iroko 18 hours ago

Massa, most of those businesses were given to Enterprise Insurance through the influence of the former Finance Minister Ken Ofori Atta.
A new gov't has come. Take those businesses back. Most of them involve State Insitutions ...
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Massa, most of those businesses were given to Enterprise Insurance through the influence of the former Finance Minister Ken Ofori Atta.
A new gov't has come. Take those businesses back. Most of them involve State Insitutions. Why are you afraid to take them back.
OH MY GHANA 18 hours ago

10/10, it is business as usual and these politicians are taking us for fools!

10/10, it is business as usual and these politicians are taking us for fools!
Kwaku 17 hours ago

What Caesar has given, Caesar can take away.

What Caesar has given, Caesar can take away.
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TRUTH BE TOLD 12 hours ago

MASSA MENTION THE NAMES OF THOSE PRIVATE BUSINESS ENTITIES THAT BENEFITTED AND STOPPED BEATING ABOUT THE BUSH. SO THAT THOSE FOUND CULPABLE INCLUDING THE ABSCONDED FINANCE MINISTER AND HIS UNCLE DWARF AKUFFO ADDO SHOULD BE PR ...
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MASSA MENTION THE NAMES OF THOSE PRIVATE BUSINESS ENTITIES THAT BENEFITTED AND STOPPED BEATING ABOUT THE BUSH. SO THAT THOSE FOUND CULPABLE INCLUDING THE ABSCONDED FINANCE MINISTER AND HIS UNCLE DWARF AKUFFO ADDO SHOULD BE PROSECUTED. THIS CRIMINAL ACTS CANNOT BE SWEPT UNDER THE CARPET. CULPRITS MUST BE PUNISHED TO SERVE AS A DETERRENT. OTHERWISE ANOTHER GOVERNMENT COMES AND WILL ALSO PRIVATIZE PART OF JUBILEE HOUSE, THE GHANA ARM FORCES ETC. OUR INSTITUTION ARE TOO TOO WEAK IN PROSECUTING CASES. LOOL AT HOW LONG IT'S TAKING TO BRING THE FORMER FINANCE MINISTER TO JUSTICE, NOT TO MENTION GIFTY OWARE AND HIS BOSS. INDEED GHANA IS A CRIME SCENE......GAGARTUAN CRIMES THAT HAVE OVERWHELMED OSP AND AG....THEY ARE STRUGGLING TO HOLD THE CENTER OF THIS CRIMES BUT IT'S NOT HOLDING.
BABA OSHOGBO 9 hours ago

Name those companies. Stop protecting your fellow politicians

Name those companies. Stop protecting your fellow politicians
Pius 18 hours ago

Take all not just some

Take all not just some
Maestro 18 hours ago

ALL IN THE NAME OF CAPITALISM. CAPITALISM MEANS INNOVATION AND INGENUITY BUT THE PREVIOUS GOVERNMENT HAD A DIFFERENT MEANING TO IT...

ALL IN THE NAME OF CAPITALISM. CAPITALISM MEANS INNOVATION AND INGENUITY BUT THE PREVIOUS GOVERNMENT HAD A DIFFERENT MEANING TO IT...
Kwadwo 9 hours ago

@ Mr. Maestro. My friend, you have a rural illiterates understanding of what capitalism really is. Open your eyes a bit wider and look around the world and make an educated analogy of the worlds economic order. Capitalism is ...
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@ Mr. Maestro. My friend, you have a rural illiterates understanding of what capitalism really is. Open your eyes a bit wider and look around the world and make an educated analogy of the worlds economic order. Capitalism is nothing more than a synonym for glamorized corruption and thievery - an evolution from the evils of feudalism, slavery and colonialism. Have you noticed how the more the eyes of the vulnerable resource-rich countries of the world open and they take more control over their resources, the more the fortunes of the so-called rich Western capitalist countries and societies, nose dive deeper into gloom and despair? Surely, it cannot be mere coincidence, can it?
Kwadwo 9 hours ago

And by the way, Mr. Maestro, why do you think Akuffo Addo and his gang of self-proclaimed capitalist thieves, dont understand why the current govt is making a lot of fuss about dealing with their corrupt activities? And why a ...
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And by the way, Mr. Maestro, why do you think Akuffo Addo and his gang of self-proclaimed capitalist thieves, dont understand why the current govt is making a lot of fuss about dealing with their corrupt activities? And why again do you think they continue to be pets of the Capitalist West?
Achakanapaya 17 hours ago

Congratulations for the good works you are doing for Mother Ghana.

Congratulations for the good works you are doing for Mother Ghana.
Baaba 17 hours ago

This is what all the State institutions should be doing, it feels as everything is returning to be business as usual.

This is what all the State institutions should be doing, it feels as everything is returning to be business as usual.
Qwesietu 5 hours ago

@ Baba
I fully support you, let's advocate for those state enterprises sold under Rawlings to be returned to the state to ease unemployment .

@ Baba
I fully support you, let's advocate for those state enterprises sold under Rawlings to be returned to the state to ease unemployment .
Moda 17 hours ago

SIC cannot compete in an open market. They just sit and relax and automatically get government business to survive. Other insurance companies are coming into Ghana so if you are competitive why dont you go to Togo etc.

SIC cannot compete in an open market. They just sit and relax and automatically get government business to survive. Other insurance companies are coming into Ghana so if you are competitive why dont you go to Togo etc.
Ka 17 hours ago

Go to Togo for what?

Go to Togo for what?
@Moda,ARE YOU SERIOUS???SIC IS MAKING PROFITS!!! 16 hours ago

@Moda or whatever your name is,ARE YOU SERIOUS???SIC MADE PROFIT OF OVER GHS53M CEDIS IN 2024 FROM GHS15M IN 2023!!!THIS IS MORE THAN 3AND HALF TIMES FROM 2023-24!!!GO AND REPORT GHANA WEB REPORT ON THE 29 NOV 2025!!!

@Moda or whatever your name is,ARE YOU SERIOUS???SIC MADE PROFIT OF OVER GHS53M CEDIS IN 2024 FROM GHS15M IN 2023!!!THIS IS MORE THAN 3AND HALF TIMES FROM 2023-24!!!GO AND REPORT GHANA WEB REPORT ON THE 29 NOV 2025!!!
Kwadwo 15 hours ago

If my education serves me right, SIC was established by Kwame Nkrumah primarily to service the insurance needs of the then emerging state enterprises. At the time, there was no real business in insurance as the market was inf ...
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If my education serves me right, SIC was established by Kwame Nkrumah primarily to service the insurance needs of the then emerging state enterprises. At the time, there was no real business in insurance as the market was infinitessimally small. SIC then had the prerogative to fish further afield if the need arose. Today, all insurance companies in this country - including the SIC, can do much better than they are doing but when an incompetent greedy short-sighted govt employs skulduggery capitalist means to deprive the SIC of its turf clients, the more responsible govt in power today, owes it as a duty to redress the situation in the overall interest of the people of Ghana and the state. That is all there is to it. Period.

I however think that as a state enterprise, SIC has a moral obligation to drastically cut the mind-boggling salaries and benefits of its senior staff as well as the public premium payments for car insurance. I, for instance, have been paying car insurance for donkey years without any returns, and each year the premium goes up to the extent that, I now have to struggle to gather pesewas and Cedis together to enable me renew my annual insurance. Why can't the SIC at the very least establish a scheme where it gifts its clients who have not had any accidents, with increasing premium rebates as the years roll on? I also believe that the SIC can universally reduce their car insurance premiums by at least a third, make their services more attractive and thus monopolize the entire market and quadruple their profits.
Populist 15 hours ago

Great. More room for improvement. Keep it up

Great. More room for improvement. Keep it up
Akwasi 15 hours ago

Is selling state Enterprises and land is a crime then the NDC is a criminal entity. They sold almost every state factory and gave state land to their cronies to turn them into church from Agyin Asare, Sam Korankye, Duncan W ...
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Is selling state Enterprises and land is a crime then the NDC is a criminal entity. They sold almost every state factory and gave state land to their cronies to turn them into church from Agyin Asare, Sam Korankye, Duncan Williams and many others.
K 14 hours ago

NPP is a cursed party that must be rooted out and pulled down from the nation Ghana. Their philosophy doesn't build but loot and destroy.

NPP is a cursed party that must be rooted out and pulled down from the nation Ghana. Their philosophy doesn't build but loot and destroy.
Kofi Akwetey 13 hours ago

Is the government trying to collapse the private insurance sector? Or are the authorities targeting specific companies? How can we grow private enterprise if government seizes the business of successful companies and hands t ...
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Is the government trying to collapse the private insurance sector? Or are the authorities targeting specific companies? How can we grow private enterprise if government seizes the business of successful companies and hands them over to a competing state owned enterprise? Politicization of business is bad for the economy.
Concerned Citizen 13 hours ago

Has the NDC considered that the “success” they are seeing is most likely due to long term strategies the NPP put in place?

I fear that this returning to business as usual will set back any progress made and will come t ...
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Has the NDC considered that the “success” they are seeing is most likely due to long term strategies the NPP put in place?

I fear that this returning to business as usual will set back any progress made and will come to light in the 3rd or 4th year of the NDC.

So that a new government coming in will be back to inheriting the messed up system as Presidents Kuffuor and Akufo Addo did in the past.
Nii Joromi 12 hours ago

How can the dwarf sabotage a state company he's supposed to protect? I hope NPP stays in opposition until the party collapses. Party of educated and Bible quoting criminals!

How can the dwarf sabotage a state company he's supposed to protect? I hope NPP stays in opposition until the party collapses. Party of educated and Bible quoting criminals!
AKUFFO ADDO THIEF IN CHARGE OF ALL THIS MESS 10 hours ago

EVERY MONEY OR WEALTH ACCRUED BY AKUFFO AND HIS FAMILY WERE ACCRUED THROUGH THIEVERY ......OMG

EVERY MONEY OR WEALTH ACCRUED BY AKUFFO AND HIS FAMILY WERE ACCRUED THROUGH THIEVERY ......OMG
Bobby taller 10 hours ago

Name the businesses and stop gallivanting about ..all that long poems yet you didn't mention those businesses retrieved

Name the businesses and stop gallivanting about ..all that long poems yet you didn't mention those businesses retrieved
Obroniba 9 hours ago

Resetting Ghana agenda is on track. We want to see more prosecutions. ORAL is a massive reason why you won massively. If JDM and NDC let Ghanaians down, we shall curse the party just like CPP and about to collapse NPP. If NDC ...
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Resetting Ghana agenda is on track. We want to see more prosecutions. ORAL is a massive reason why you won massively. If JDM and NDC let Ghanaians down, we shall curse the party just like CPP and about to collapse NPP. If NDC claims the Kpandai seat, I fear for NPP. Yet they are still arrogant and unrepentant. The difference is now clear, wide, big and large
Tamale North Boy 8 hours ago

What about Bank Accounts?

What about Bank Accounts?
Mj 7 hours ago

Black man black menyality

Black man black menyality
Greatman 5 hours ago

He he he he he!!
Black Volta Mines comes to mind.
We know who owns that gold mines.
Today is for me, tomorrow is for you. Karma will speak.

He he he he he!!
Black Volta Mines comes to mind.
We know who owns that gold mines.
Today is for me, tomorrow is for you. Karma will speak.

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SIC recovers state insurance businesses sold to private firms under Akufo-Addo

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