Royal Kapita targets Agric Sector

SGL Royal Kapita, an emerging financial institution, has introduced an investment service package aimed at supporting organizations and individuals in Ghana’s agriculture sector.

Chief Executive Officer (CEO) of SGL Royal Kapita, Dr. Bernard Tetteh-Dumanya, who disclosed this to BUSINESS GUIDE in an interview, said the initiative would target farmers and other agriculture sector workers to help them determine retirement income goals, as well as actions and decisions necessary to achieve such goals.

He said though Ghana was doing well in the agriculture sector, the fundamentals still remained fragile due to insecurity and the high risks associated with the sector.

“We need to help farmers to identify and consolidate their sources of income and estimate expenses. That, we believe, was why SGL Royal Kapita was set up to implement by developing a savings and pension programme tailored to meet the needs of those in the agriculture sector. The essence of these is for farmers to secure steady cash flow for an individual during and after their retirement years,” he mentioned.

He also said his outfit had developed many investment plans and schemes, which would provide various benefits for the sector.

“For instance, we have products for farmers which are designed to grow funds for individuals and are redeemed at a later point in retirement life for enjoyment.

The schemes include SGL Retire Royal Plan, SGL Royal Annuities, SGL Mutual Funds, SGL Royal Stocks & Bonds, SGL Royal Estate Planning, SGL Royal College Funding and SGL Royal Life Cover.

All the products have a considerable amount of flexibility, and investments are made to guarantee farmers for life.

Ghana’s growth and development depends on the agriculture sector, which is the lifeline of the country’s economy.