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GOIL to raise GH¢155m from Renounceable Rights Issue

Managing Director of Goil Ghana, Mr. Patrick Akorli

GOIL has launched a Renounceable Rights Issue of 139,639,640 ordinary shares to raise GH¢155 million cedis. The shares which will be of no par value at GH¢1.24 per share, Citi Business News understands forms part of measures to boost the company’s capital investments. The offer which will end on May 18 2016, is  expected to also improve the company’s balance sheet as ...

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Govt to issue GH¢ 4.9 billion in debt securities

debt

Government will borrow GH¢4.9 billion through treasury bills, notes and bonds this April,2016.   Of this amount 2 billion cedis will be borrowed through 91-Day T/Bill, 1.7 billion cedis through 182-Day T/Bill, 270 million cedis in 1-Year Note, 450 million cedis in 2- year note and 500 million cedis in 3 year fixed rate bond.   A statement from the ...

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Ghana Business News