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    6th Ghana CEO Summit to focus on digital leadership for the digital economy

    Ghana Life Insurance Ltd accused of employing delay tactics in payment of claims

    BoG urged African DFIs to enhance credit rating positions to boost investment

    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

    Gold exports push Ghana’s trade surplus to $1.3 billion in April

    Value of MoMo transactions decrease by 3% between March and April 2022

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    Monetary Policy Rate increased again by 200 basis points; now at 19%

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    Kyle Kelhofer appointed as IFC Senior Country Manager for Benin, Ghana, Liberia, Sierra Leone, and Togo

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    6th Ghana CEO Summit to focus on digital leadership for the digital economy

    We want Ghanaians to own 30% of MTN Ghana shares by end of 2022 – GROUP CEO

    Ghana’s 2022 economic outlook to remain positive; GDP projected to grow by 5.3% – AfDB report

    African governments tasked to look within the continent in their bid for transformation

    COCOBOD closes purchases for 2021/2022 main crop cocoa season

    Ghana Life Insurance Ltd accused of employing delay tactics in payment of claims

    BoG urged African DFIs to enhance credit rating positions to boost investment

    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

    Gold exports push Ghana’s trade surplus to $1.3 billion in April

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    6th Ghana CEO Summit to focus on digital leadership for the digital economy

    Ghana Life Insurance Ltd accused of employing delay tactics in payment of claims

    BoG urged African DFIs to enhance credit rating positions to boost investment

    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

    Gold exports push Ghana’s trade surplus to $1.3 billion in April

    Value of MoMo transactions decrease by 3% between March and April 2022

    Inflation rate likely to drop to single digits in 2023 – Dr. Ernest Addison

    Monetary Policy Rate increased again by 200 basis points; now at 19%

    Government partners private companies to mine abandoned iron ore in Oti Region

  • TECHNOLOGY

    Government to invest heavily in internet safety – Ursula pledges

    Ho Node Hub rebrands as Node Eight

    Elon Musk strikes deal to buy Twitter for $44bn

    Block chain’s success will depend on supportive policy environment – Prof. Quaynor

    1.5% E-Levy rate will negatively impact GH¢6.9 billion target – Prof. Quartey

    Transactions to be affected by E-levy

    Bethniel Finance emerges winner in Innovation Challenge Program

    Taxing of non-resident e-commerce entities in Ghana could push prices up – Technology Consultant

    BoG cautions against fraudulent money-doubling scheme ‘BitCash Currency Exchange’

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    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

    Take control of financing on the continent – Ofori-Atta to AfDB

    We’ll avert any looming food crisis with effective planning – AfDB Boss

    Standard of cars assembled in Ghana will not be compromised – GSA assures

    GUTA urges gov’t to get other countries to open their borders to facilitate trade

    Kyle Kelhofer appointed as IFC Senior Country Manager for Benin, Ghana, Liberia, Sierra Leone, and Togo

    Greater, more diverse participation in global trade is key to achieving Africa’s economic transformation – World Bank

    Seth Terkper advises against e-levy; urges government to run to IMF

    AfCFTA members conclude negotiations on rules of origin to enhance free trade

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SEC lauds mid 2016 performance

bycitibusinessnews
July 17, 2016
in Banking And Finance, Government, Top Stories
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The Securities and Exchange Commission, SEC, has lauded the capital market for a good performance in the first half of the year.

The regulatory body says although some companies have seen minor losses, the average performance recorded showed a lot of gains and this is a plus on exchange companies in Ghana.

In an interview with Citi Business News, the Deputy Director General in charge of Finance at the Securities and Exchange Commission, Lawrence Yirenkyi Boafo also said there has been remarkable effort by companies to stay in business.

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“The capital market is basically a reflection of the economy, as a result though there have been some fluctuations, most entities are doing quite well. A few others are struggling but in any economy that happens,” he stated.

Mr. Yirenkyi Boafo however intimated the need for people to be enlightened on the need to invest whilst gearing the economy towards a 100 percent gains market.

“People must be educated on investment. Investment consciousness is actually for those who don’t have money…As we all build investments, there will be a lot of money in the system and the economy will improve.

Students must invest

Meanwhile Lawrence Yirenkyi Boafo, has admonished the youth to inculcate the habit of investing their monies in operations that yield positive returns.

Speaking at the launch of the 2016 edition of Capital Market Quiz competition organized for students in the second cycle institutions, Mr. Yirenkyi  Boafo further maintained that the students could secure their future with a commitment to save.

–

By: Jessica Ayorkor Aryee/citibusinessnews.com/Ghana

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