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Investment
Stock market rebounds into positive territory
Trading in the mid-week session on the Ghana Stock Exchange (GSE) saw the market rebound into positive territory following gains in four counters, Nordea Capital Investment Stock review of trading obtained by the Ghana News Agency in Accra…
GSE Composite Index dips
At the close of trading, fourteen equities registered activities on the Ghana Stock Exchange on Tuesday, with three laggards as the benchmark GSE-Composite Index shed 0.4 per cent to close at 2,875.4 points.
Nordea Capital Investment…
World Bank provides additional funding for GCAP
The World Bank has provided an additional funding of $50,000 to the Ghana Commercial Agriculture Project (GCAP), to facilitate its projects, especially the rehabilitation of the irrigation scheme, across the country.
The Project funded…
Equity investors remain apprehensive as cedi depreciates
Investors continued to sell their holdings in Ghanaian equities as the Cedi depreciates. In effect, the benchmark index extended losses into yet another week, losing 2.4 per cent on a week-on-week basis to close at 2,918.3 points.
This…
Anglogold Ashanti expected to inject $880m in Obuasi Mines
Parliament has approved a development agreement between the Government of Ghana and Anglogold Ashanti (Ghana) Limited, for the mining company to make a capital investment of $880 million into Obuasi mine, which has seen a lull in its…
Ghana stock closes week with block trade
Trading closed on the bourse with a block trade in the shares of Ice and citrus maker, Fan Milk Limited with no price change; Nordea Capital Investment Stock Expert review to the Ghana News Agency on Friday indicated.
According to the…
GCNet pays GH¢8m dividend to government
The Ghana Community Network Services Limited (GCNet) on Tuesday presented a final dividend of GH¢8 million to government, bringing the company’s total dividend payment for 2017 to GH¢17 million.
GCNet had earlier this year, paid an…
GHL Bank receives $15m boost for mortgage loans
GHL Bank has received $15 million from the African Development Bank to boost access to home ownership for lower-middle to middle-income Ghanaians.
The move will further entrench the GHL Bank’s market leadership for providing affordable…
Akufo-Addo urges businesses to work for success of SDG’s
President Nana Addo Dankwa Akufo-Addo has rallied Chief Executive Officers (CEO’s) of leading Ghanaian and multinational businesses operating in the country to give strong backing to efforts at attaining the United Nations (UN)…
FDI flows to Africa slumps to $42b in 2017, $3.3b comes to Ghana
Foreign direct investment to Africa fell in 2017 to $42 billion, a 21 per cent decline from 2016, according to the World Investment Report 2018, released last week by the United Nations Conference on Trade and Development (UNCTAD).…