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Investment
Ghanaian firm to pioneer forex trading as great source of wealth generation
A wholly owned Ghanaian Forex Broker, Precise FX has commissioned its offices at the A & C Square in Accra.
A statement from the company, signed by Mr. Augustine Owusu, the Managing Director, said the company seeks to pioneer Forex…
IFC aid sub-Saharan African economy with $5.3b investments in 2013 fiscal year
Investment commitments by the International Finance Corporation (IFC) reached $5.3 billion in sub-Saharan Africa, with projects targeting key sectors in the region’s economy.
In a detailed factsheet released early September 2013, the IFC’s…
Ghana’s revised investment promotion Bill doesn’t support local producers – TWN
Mr Tetteh Hormeku, Head of Programmes at Third World Network-Africa, has stated that the revised Ghana Investment Promotion Bill lacks the necessary incentives to encourage and support Ghanaian producers.
Speaking at a two-day National…
Free Zones Board encouraged by increase of local investors
The Ghana Free Zones Board, says it is encouraged by the increasing number of local investors seeking to take advantage of opportunities within the free zone enclaves.
Mr Kwadwo Twum Boafo, the Board's Executive Director, told journalists…
Ghana sets eyes on long-term bonds to consolidate middle-income status
Ghana’s Finance Minister Seth Terkper says it is prudent to finance the capital component of the national budget with long-term bonds as the country consolidates its middle-income status.
According to the Finance Minister, it is…
Ghana says ripe for investments
The Ghana Export Promotion Authority has urged prospective Turkish investors to take advantage of the many investment opportunities in Ghana to enhance trade between the two countries.
Speaking at meetings with Turkish companies on the…
Hearts to issue shares to raise GH¢10m
Hearts of Oak has resolved to raise GH¢10 million through the issuance of new shares to support the financial demands of the club.
The move, expected to take off next year is to raise a substantial amount of money to invest in…
Ghana officially lists ten-year Eurobond on local bourse
Ghana's 10-year Eurobond was on Wednesday listed on the Ghana Stock Exchange to afford both local, foreign and prospective investors the opportunity to buy and trade on the secondary market.
This is the very first time an African country…
IFC set to issue “regular” cedi bonds up to $1b after Ghana approvals
Regulators of Ghana's capital markets have approved plans by the International Finance Corporation (IFC) to issue regular cedi-denominated bonds worth up to $1 billion on the local market.
The IFC August 21, 2013 announced that it has…
Ghana to expand local bond market – Terpker
The government is to expand the local bond market in order to raise internally generated funds to finance long-term development projects in the country.
Most of these bonds will be listed on the Ghana Stock Exchange (GSE), to give…