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Investment
China’s investments in Africa reach $875m by September 2009
China’s investments in Africa are growing very fast.
The Bloomberg news citing information on the website of the China Ministry of Commerce says China’s investment in Africa in the first nine months of 2009, excluding financial…
Media Prima falls after announcing search of options aside IPO
Media Prima BHD of Malaysia, has fallen most in more than one week after the company said it was exploring other options aside an initial public offer (IPO), the Bloomberg news has reported.
Media Prima, which owns TV3 in Ghana said last…
TV3 owners look for other options aside IPO
The owners of one of Ghana’s private TV stations TV3, Media Prima BHD of Malaysia are looking for other options apart from the ealier announced proposal for an initial pubic offer (IPO) on the Ghana Stock Exhange to raise additional…
Ghana stocks up on ETI, GCB gain
Price appreciation in Ecobank Transnational Incorporated (ETI) and Ghana Commercial Bank (GCB) pushed the Index up by 126.55 points to close at 5,572.34 points from 5,545.79 points on Wednesday.
The gain reduces the year-to-date loss to…
Ghana Stock Exchange gains another 2.59%
The Ghana Stock Exchange (GSE) gained another 2.59 per cent in trading on Tuesday as the bourse looks set to claw back its losses since the beginning of the year that saw stocks lose considerable sums of money.
Change for the year to date…
Ghana Stock Exchange gains more than 3% in dramatic week
The Ghana Stock Exchange (GSE) ended a week of successive gains on Friday with the main market indicator, the GSE All-Share index, closing the day’s trading up by 122.46 points.
The index closed at 5,622.18 points from Thursday’s 5,499.72…
Indian company, Escorts to produce agric equipment in Ghana
An Indian company, Escorts Group Ltd., has expressed its intention to start the production of its agricultural machinery in Ghana.
According to a report by the Telegraph, an Indian publication, the company plans to enter into a joint…
Ecobank Ghana’s gain sustains Ghana stocks
Another healthy gain by Ecobank Ghana Limited in trading on Wednesday maintained the upward push of the main market indicator, the GSE All-Share index.
The index closed up by 18.5 points to 5,345.77 from 5,327.27 points on Tuesday.…
Ghana Stock Exchange All-Share Index rises
The benchmark GSE All-Share index rose in trading on Thursday gaining 10.06 points at 5,240.55 points.
This brought the change for the year to date to 49.76 per cent.
Traded volumes rose to 234,700 from Wednesday’s 218,900 while…
China invests $552m in Africa in first half 2009
China has invested $552 million directly in Africa in the first half of the year, a report by Law Info China quoting the country’s Ministry of Commerce has said.
According to the report, the amount raises China’s direct investment in…