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Stock Market witnesses increase in activities

The mid-week session trading on the Ghana Stock Exchange (GSE) witnessed increased activities, as volumes rose significantly on account of a negotiated transaction in the shares of Ecobank Ghana Limited which boosted its share price. Consequently, the benchmark GSE-Composite Index edged by one per cent to close at 2,934 points, …

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Anidaso Mutual Fund increases investment income by 96.61%

The Anidaso Mutual fund (AMF), an investment fund managed by the New Generation Investment Services Limited (NGIS), recorded an increase in its investment income by 96.61 per cent in 2017. The fund’s incomes in investments appreciated from GH¢223,019.00 in 2016 to GH¢438,488.00 in 2017, in the year under review. Mr …

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Ghana Stock Exchange performs well in first half of 2018

The Ghana Stock Exchange (GSE) has performed significantly well in the half year of 2018; having recorded a much higher value of traded securities over the period than in the same period in 2017, especially for the equity market. The GSE Composite Index recorded an appreciable gain when compared with …

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Bearish sentiments dominated trading activities

Bearish sentiments dominated trading activities on the Ghana Stock Exchange as Bank of Ghana held its benchmark policy rate for the first time this year at 17 per cent; despite the expected inflows from the three year bond of $98 million. Consequently the benchmark GSE-Composite Index dropped by 0.3 per …

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WTC Accra Hosts Ghana-UK Business Forum in London

The World Trade Centre Accra, has embarked on a week-long trade mission to the United Kingdom (UK), to boost trade and investment between the two Commonwealth nations. The UK trade mission which was led by Jane Reindorf-Attoh, Managing Director of WTC Accra and Togbe Afede XIV, the Executive Chairman, WTC …

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DCE urges investors to pay revenue to assembly

Mrs Sarah Pobee, the Ada East District Chief Executive has called on investors in the area to register with the District Administration and pay the required revenue for the development of the area.   She said the Ada District Assembly was the decentralised agency of the government and it therefore behoved …

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Government to invest GH¢600m in funding NABCO

Minister of Finance, Mr Ken Ofori-Atta has indicated in Parliament that the government has released GH¢30 million to tackle initial cost in the ongoing Nation Builders Corps programme in Ghana. He said the GH¢30 million used so far for the initial cost of the programme, is out of the GH¢600 …

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MTN Management confident IPO will be a success – Adadevoh

Chief Executive Officer of MTN Ghana, Selorm Adadevoh says the company is confident that the Initial Public Offering (IPO) would be successful. Speaking to some section of the media on the progress of the IPO in Accra yesterday, he said the response from both institutional and retail investors so far …

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Afreximbank stands tall in trade development and finance – AfDB President

Dr Akinwumi Adesina, President of the African Development Bank (AfDB), said the African Export-Import Bank (Afreximbank) has become a reputable and solid regional development finance institution, meeting significant financing needs in trade development and trade finance in Africa. Afreximbank and the African Development Bank have enjoyed a collaborative and productive …

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