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Investment
Ghana Stock Exchange to transform to company limited by shares
The Ghana Stock Exchange (GSE) expects to change its legal status from a mutual entity limited by guarantee to a company limited by shares by end of the year.
The process known as demutualization will change the ownership structure of…
4 envoys present credentials to President Akufo-Addo
Four envoys representing Switzerland, Botswana, New Zealand and Pakistan have presented their letters of credence to President Nana Addo Dankwa Akufo-Addo at the Jubilee House in Accra.
The four envoys all harped on the need to…
Ghana beats Nigeria as largest FDI receiver in West Africa – UNCTAD
Ghana received the largest amount of foreign direct investment (FDI) in West Africa beating Nigeria, with $3 billion in investments, according to the World Investment Report 2019.
"Nigeria is no longer the largest FDI recipient in West…
GCB Bank records GH¢1.38b deposits in 2018
GCB Bank Limited in 2018 recorded an increase of GH¢1.38 billion in total deposits from GH¢6.92 billion in 2017 to GH¢8.30 billion, representing a 19.6 per cent growth in 2018.
The record makes GCB the leading bank in the country with…
Ghana banks urged to invest in agribusiness
The Chief Executive Officer (CEO) of Glofert Limited, Reverend Foster Mawuli Benson, has called on banks to direct some of their investments into the agribusiness sector.
Glofert Company Limited is the biggest fertilizer blending company…
Ghana now Austria’s important business destination in Africa – Austrian President
Austrian President Alexander Van der Bellen has said Ghana currently ranks as the most important destination in Africa for Austria and Austrian businesses.
He said the management of the Ghanaian economy, especially over the last two…
Tullow Oil plans $250m investment in Ghana operations
Tullow Oil plans to spend $250 million dollars in Ghana this year to expand operations with more to come in future as the company intensifies its drilling campaign.
Group Chief Executive, Paul Mcdade said the company is keen to explore…
GOIL’s profit hits GH¢ 81.9m
GOIL Company Limited the nation's foremost indigenous Oil Marketing Company consolidated profit after tax hit unprecedented GH¢ 81.9 million up by 26 per cent for the year ending December 31 2018.
The company’s profit after tax hits 20…
Investing in real estate is a sure way to wealth creation – Expert
Mr. William Halm, CEO of Spektra Global has said that investment in Real Estate is one of the most reliable and time-tested ways of wealth creation since real estate appreciates over time.
Mr. William Halm made this assertion at the GHL…
Newmont Goldcorp merger to account for 7.1% of world gold production in 2019 – GlobalData
About three weeks ago, Denver- based mining concern, Newmont Mining Corporation announced its merger deal with Goldcorp in what makes the new company the leading gold miner in the world.
The merger cost Newmont $10 billion and is…