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Banking sector dominates Ghana stock trading

The banking sector dominated trading activities on the Ghana Stock Exchange as CAL Bank records a block trade. CAL Bank shares rose by 2.7 per cent to close at GH¢1.90 per share on account of a block trade in its shares. Nordea Capital Investment Stock Market analysis made available to …

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Our directive on minimum paid-up capital still stands – Bank of Ghana 

The Bank of Ghana (BoG) directive to all banks to comply with the minimum paid-up capital of GH¢400 million by December 2018 still stands, Mrs Elsie Addo Awadzi, 2nd Deputy Governor of the Bank of Ghana, said on Tuesday. Speaking at a breakfast meeting for stakeholders from the banking community, academia …

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GOIL share price takes upward trajectory  

The share price of the nation’s foremost indigenous Oil Marketing Company, Ghana Oil Company Limited (GOIL) has taken an upward trajectory as it has moved from GH¢1.1 December 28, 2016 to GH¢10 as at April 2018. These indicators, a Stock Market Expert told the Ghana News Agency in an interview …

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President woos United Kingdom investors

President Nana Addo Dankwa Akufo-Addo on Tuesday called on investors and business leaders from the United Kingdom to participate in the extraordinary and unlimited investment opportunities in Ghana. He told them that Ghana was the ideal place in the West African Region and on the Continent to invest and conduct …

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Why stocks may be better long-term investment than land

Land as we all know is a very valuable asset known to appreciate in value over time. Some Ghanaians will testify to the fact that the price at which they bought their plots of lands some years ago is not the same currently, were they to buy a plot of …

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Ghana to raise $10b in foreign direct investment

Mr Yoofi Grant, Chief Executive Officer (CEOs) of the Ghana Investment Promotion Centre (GIPC), on Tuesday said the country is seeking to raise $10 billion in foreign direct investment (FDI). “This year’s target is very ambitious and when met, it will aid government with investments in infrastructural developments, especially in …

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Ghana improves ranking to 16th on Africa Investment Index 2018

Ghana’s ranking on the recently published Africa Investment Index for 2018 has improved from a previous 18th in 2016 to 16th and it is expected to move up in next year’s ranking.  The Ghana Investment Promotion Centre which set a target to attract $5 billion foreign direct investments (FDIs) into …

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President assures investors of safety

President Nana Addo Dankwa Akufo-Addo has assured private sector investors that Ghana was a safe destination for their investments, as government’s push is making the country a business-friendly one on the Continent. “Ghana is endowed with great potential, where security and the rule of law are upheld, where investments are …

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Ghana is the best destination for investment – Veep

Vice President Dr Mahamudu Bawumia has said Ghana is the best investment destination because government is committed to pursuing business-friendly programmes and policies to improve the business climate for domestic and foreign investments. He said the Government believed that private sector participation was crucial in achieving the President’s vision of …

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