Category: Markets
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Importers plead with gov’t to extend three month dollar hedging at ports
Some importers have appealed to government to further extend the three months pegging of the dollar rate to the cedi at the ports to six months. Even though they commend government for its decision to peg the local currency at 5 Cedis 8 pesewas to a Dollar at the ports for the next 3 months,…
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Prof. Samuel Kobina Annim named new gov’t statistician
An Associate Professor of Economics, Professor Samuel Kobina Annim has been appointed as the new Government Statistician. He assumed duty on March 1, 2019. The appointment of Prof. Annim by President Akufo-Addo was recommended by the Public Services Commission. Prior to his coming into office, David Kombat was acting as the government’s statistician following the…
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SMEs urged to adopt sustainable methods to access European market
Small and Medium Size Enterprises in Ghana have been urged to adopt sustainable practices in order to access profitable markets in Europe and the North America. The comments were made at the launch of the first Trade for Sustainable Development Hub in West Africa here in Ghana. The Trade for Sustainable Development Hub in Accra is…
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CAL Bank receives Most Improved, Compliant Taxpayer Award
The Ghana Revenue Authority (GRA) has named CalBank the Most Improved and Compliant Taxpayer for the year 2018 under the Large Taxpayer Office Silver Category at its Annual GRA Staff and Stakeholders awards night. The award is in recognition of the Bank’s remarkable contribution to domestic revenue mobilization, compliance with tax laws and employment generation.…
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We’ll meet capital requirement–Access Bank assures shareholders
Access Bank (Ghana) Plc. has held its 10th Annual General Meeting (AGM) to consider and adopt the Statement of Accounts for the year ended December 31, 2017 in Accra. The AGM, which is the second of the Bank after it successfully listed on the Ghana Stock Exchange in 2016 as the first Ghanaian Bank of…
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Samsung unveils one billion colour TV in Ghana
Samsung Electronics Company Limited has launched its new premium TV model series QLED TV 2017 as part of enhancing innovative ideas as well as championing innovation. The new QLED TV among other things delivers the best picture quality as a result of the new metal Quantum Dot material and enhances one’s living space with added…
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Coral paint gives away 4th car in Coral Paints ‘PAINT YOUR DREAM INTO REALITY’ Promo
Coral Paints Ghana has handed over the fourth brand-new Hyundai Accent saloon car to a 61-year-old painter, Mr. Kwame Badu in the ‘Paint Your Dream into Reality’ promotion. Visibly excited about his car prize, Mr. Badu was positive the car prize is a reward for his loyalty to Coral Paints. “I have been using Coral…
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Weekly Financial Markets Review- Friday March 10, 2017
In the Weekly Financial Markets Review for the week ending Friday, March 10 , 2017 the Accra bourse was in a bullish mood and maintained momentum during the week in focus; this was buoyed by mounting demand and investors desire to take positions in Aluworks, CAL Bank, Standard Chartered, GCB Bank and Unilever Ghana in…
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Weekly Financial Markets Review- Friday March3, 2017
In the Weekly Financial Markets Review for the week ending Friday, March 3 , 2017 risk appetite was high on the bourse during the week in focus; speculative deals and investor desire to take positions in blue chip stocks saw the values of Benso Oil Palm, Standard Chartered, Societe Generale, Ghana Oil, GCB Bank and two…
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Weekly Financial Markets Review- Friday February 17, 2017
In the Weekly Financial Markets Review for the week ending Friday, February 17, 2017, the turnout of trading activity during the week in focus was impressive as appreciation in the prices of GCB Bank, Unilever and Standard Chartered Bank on the back of high bid quotations, gave the market some verve. Due to this, the…