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GOIL shares hit bullish trajectory on Ghana stock market

The Ghana Oil Company Limited (GOIL) the nation’s foremost indigenous oil marketing company shares rose by 0.8 per cent to close at GH¢1.20 per share at the Ghana Stock Exchange (GSE) mid-week trading. The GCB Bank also recorded a block trade in its shares which accounted for the stock soaring …

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Nigeria attracts highest venture capital of $109m in tech startups in Africa

Nigeria raised the highest Venture Capital (VC), funds for tech startups in 2016. Making the investment the highest in Africa. According to a new report from Partech Ventures, Nigeria attracted the highest fund of $109 million which is 29.8 per cent of total investments in Africa last year. South Africa …

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Full text: Ghana 2017 Budget Statement

  Today March 2, 2017, the Minister of Finance, Ken Ofori Atta presented the government’s budget statement to Parliament. The budget highlights the removal of most of what the government of the New Patriotic Party (NPP) considers nuisance taxes. Outlining the policy initiatives, he said, “we will eliminate nuisance taxes …

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GOIL share hinges up on Ghana stock market

The Ghana Oil Company Limited (GOIL) shares on the Ghana Stock Exchange (GSE) rose by 0.8 per cent to GH¢1.19 per share after government clears the leadership turmoil at the Company.  The GSE market trading made available to the Ghana News Agency by the Nordea Capital Investment on Thursday indicated that …

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GROUPE IDEAL plans international expansion by 2018

Groupe Ideal, a business group that manages a diverse portfolio of businesses, says plans to expand its operations and become an international player within and beyond the shores of Ghana was on course. The President of Groupe Ideal, Dr. Nii Kotei Dzani, told journalists in an interview that in furtherance …

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Ghana’s securities market expands with 53 schemes

The securities market in Ghana is enjoying steady growth over the years with more licensed schemes springing up in the country. At the end of 2014  there were 42 licensed schemes made up of 18 unit trusts and 24 mutual funds, Mr Alexander William, Acting Director General of the Securities …

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Delta Capital penetrates financial market

Delta Capital Limited, an investment banking firm based in Accra is penetrating the financial market with financial solutions to individuals and corporate bodies. Delta capital, which has distinguished itself by offering bespoke financial solutions and contributing immensely to the Ghanaian investment banking sector also provides free investment advice and proposals. …

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Ghana stock market bounces back after marginal turbulence

Trading on the Ghana Stock Exchange bounced back as transaction opened the third week of February (13 to 17) on a positive note with activities in 12 equities and volume traded was 1,125,376 shares valued at GH¢3,780,861.18. Trading on the second week (6 to 10) hit marginal turbulence but transaction …

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Ghana stock market hits marginal turbulence

Trading on the Ghana Stock Exchange (GSE) for the second week of February (6-10) hit marginal turbulence and as a result, the benchmark GSE-Composite Index lost 1.1 per cent on a week-on-week basis, to close at 1,805.1 points.  The lost represents a year-to-date return of 6.9 per cent, despite the …

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Ghana government urged to encourage investment into Non-Traditional Exports

Mr Albert Atuah Amponsah, the Managing Proprietor of Albe Farms, producers of pineapples and vegetables, has called on the Government to formulate a policy to encourage investment into Non Traditional Export (NTE) to feed the local and international markets. He said an increase in the production of NTE crops and …

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