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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…

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…

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.…