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Ghana’s banking sector needs more support to be stronger – Gustave Barth

Mr Ben Gustave Barth, Co-founder of Axcero Advisors, West African focused Corporate Advisory, has said local banks in Ghana need more support to grow in order to support national development. The finance and consulting executive said, the central bank’s decision to set regulatory requirements for these banks was laudable and …

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Let’s adopt nuclear power for affordable and reliable energy source – Sogbadzi

Dr. Robert Bright Mawuko Sogbadzi, Deputy Director, Nuclear and Alternative Energy on Friday said it is about time Ghana adapts the use of Nuclear power since it is safe and affordable. “The reason to opt for the Nuclear option is that, it helps to deepen the diversification of the present …

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Create environment to attract private sector into agriculture sector – ISSER

Government must continue to create an enabling environment to attract private sector resources and expertise into the agriculture Public-Private Partnership (PPP) arrangements, a research report has said. Government, however, must be cautious not to fall into the trap of deferring the provision of all goods and services in the interest …

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GCB Bank records decline in earnings following UT, Capital Banks assumption

The GCB Bank Limited has recorded a decline in its earnings for the 2017 financial year following its purchase and assumption of UT Bank Limited and Capital Bank Limited in the year under review. The Bank’s profit before tax declined by 29 per cent from GH¢467 million in 2016 to …

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GCB Bank shareholders vote to increase stated capital to GH¢500m

Shareholders of the GCB Bank Limited have voted to transfer GH¢400 million from its income surplus to stated capital in order to meet the Bank of Ghana’s (BoG) requirement for commercial banks. The transfer will enable the GCB Bank to meet ahead of time, the BoG’s requirement for all commercial …

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Ghana stock makes positive projections

Trading on the Ghana Stock Exchange (GSE) opened the first week of July on a positive note as transactions were registered in 16 counters with three gainers and a loser. The benchmark GSE-Composite Index edged by 0.1 per cent to close at 2,881 points, Nordea Capital Investment Stock Expert monitoring …

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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 revealed. Based on the positive movement, the benchmark GSE-Composite Index thus edged …

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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 Stock watch obtained by the Ghana News Agency indicates that Societe Generale lost by …

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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 by the World Bank and the USAID and being implemented under the auspices of the Ministry …

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