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Investment

Nordic investments in Ghana to see a boost – Veep

Vice President Dr Mahamudu Bawumia, says investments from Norway and other Nordic countries into Ghana and Africa will soon see a boost as government continues with its efforts to facilitate investments, trade and partnerships. Dr Bawumia, who was a Guest Speaker at the 2017 Nordic-African Business Association (NABA) in Oslo …

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Lack of centralised data, great challenge to fighting systemic risk – Investment Officer

The lack of a centralised form of data that securities industry players can connect to get information about the transaction records of clients is a great challenge to fighting systemic risk. Mr Kwabena Boamah, Chief Investment Officer of STANLIB Ghana Limited, said the absence of such data or information among …

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Vice President in Vienna for World Bank Investment Forum

Vice President Dr Mahamudu Bawumia has left Accra for Vienna, Austria, to participate in the World Bank Group’s Investment Competitiveness Forum slated for October 25-27. A statement signed by Anabel Gonzalez, Senior Director, Trade and Competiveness Global Practice of the World Bank Group, said Ghana has been selected to be a …

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SEC calls for investor confidence in capital market

Mr Daniel Ogbarmey Tetteh, the Director-General of the Ghana Securities Exchange Commission (SEC), has called on the investor community to have confidence in the instruments of the Capital Market. He said the Capital Market was critical in the growth and development of any given economy.  Mr Tetteh said this in …

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Newmont says it will boost Birim North economy with $6m

Newmont Akyem Mines is to spend $ 6 million this year to acquire goods and services in the Birim North District where the mine operates. This is to help boost economic activities in the local economy of communities where the mine operates. This was disclosed by the head of the …

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Investment banks must adhere to ethical financial standards – Delta Capital

Mr Victor Owusu, Chief Executive Officer of Delta Capital Limited, has called on investment banking firms to adhere to ethical financial standards to protect the assets and shares of clients. He said the changing global trend, usage of social media for marketing purposes, and internet banking as well as general …

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Avenor Rural Bank’s investment up

The total investment of the Avenor Rural Bank has increased from 32.10 per cent from GH¢3,986,226.00 in 2015 to GH¢5,265,712.00 in 2016, greatly improving the bank’s liquidity and reserve requirements. The Bank’s total assets also increased from GH¢11,311,838.00 in 2015 to GH¢12,051,490.00 in 2016, an increment of 6.54 per cent, …

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Ghana Investment Promotion Centre signs MoU with Oxford Business Group

The Ghana Investment Promotion Centre (GIPC) has signed a Memorandum of Understanding (MoU) with Oxford Business Group (OBG) for its forthcoming publication dubbed: “The Report: Ghana 2018”. Under the MoU, GIPC, a longstanding partner of OBG, would contribute to the Group’s research for the publication. A statement from OBG and …

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Ghana Stock Exchange suspends trading in Cocoa Processing Company shares

The Ghana Stock Exchange (GSE) has suspended trading in the shares of the Cocoa Processing Company (CPC), effective today, August 30, 2017. A statement issued by the GSE said the Company had failed to meet its continuing listing obligations, in spite of several promptings by the GSE. “The suspension of trading …

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SADA to attract investment into livestock sector

The Savannah Accelerated Development Authority (SADA) has held a day’s workshop in Tamale for stakeholders in the livestock industry as part of efforts to stimulate investment into the sector within the SADA zone. The workshop was in line with the country’s 2016 Livestock Development Policy and Strategy aimed at developing …

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