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Investment
MTN Ghana to raise GH¢3.5b in IPO
MTN Ghana as part of measures to fulfilling its 4G license requirement is transferring 35 per cent stake to Ghanaians through an initial public offering.
The Company seeks to raise GH¢3.47 billion at 0.75 cedis per share in the sale of…
US is leading source of remittances into Ghana in 2017
The largest source of remittances inflows into Ghana in 2017 was the United States of America (USA), according to the World Bank. In that year an amount of $2.2 billion was remitted into the country, and that is a 4.3 per cent…
Ghana stock continues on bearish trend
The Ghana Stock Exchange (GSE) bourse continued on its bearish trend as investors continued to sell-off equities on the GSE largely on account of profit taking.
The benchmark GSE-Composite Index thus dipped by 2.6 per cent on a…
GOIL shares begin upward moves on stock market
The shares of Ghana Oil Company Limited (GOIL) the nation’s foremost indigenous Oil Marketing Company (OMC), has started exhibiting signs of major upward movement on the Ghana Stock Exchange (GSE) as investors across board continue to take…
Togbe Afede XIV leads trade mission to Zimbabwe
The World Trade Centre (WTC) , Accra, has embarked on a Trade and Investment Mission to Zimbabwe in Southern Africa.
The delegation which was led by Chairman of the WTC, Togbe Afede XIV, was made up of business leaders with interests…
Ghana stock market hits bearish trajectory
The Ghana Stock Exchange (GSE) opened third week of May (21-25) transaction on a bearish note despite Bank of Ghana dropping the monetary policy rate by 100bps to 17 per cent.
On the inter-bank market, the Cedi lost 0.02 per cent against…
Cal Bank in talks with international partners to raise $200m
The Managing Director and Chief Executive Officer of Cal Bank, Mr Frank Adu said the Bank is in discussions with international partners to raise $200million to finance its operations.
He said the funds if raised would be used to fund…
GSE Investor interest skews toward agribusiness
Trading in the mid-week session on the Ghana Stock Exchange (GSE) saw investor interest skewed towards the agribusiness, banking, insurance and petroleum sectors.
In spite of the renewed interest, the GSE indices however continued on its…
GSE Financial Stock Index slips downward
The Ghana Stock Exchange (GSE) Financial Stock Index lost 0.5 per cent to close trading on Tuesday’ session at 3,130.9 points thereby forcing the Composite Index also to slip downward by 0.5 per cent to close at 3,407.3 points.…
Bearish sentiments dominate Ghana stock market activities
Investor confidence faltered as they bid down equities on the Ghana Stock Exchange (GSE) during the second week of May (7-11) transactions on Accra bourse, even though activities was brisk compared to the first week’s…