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Investment
Ghana to buy Kosmos Energy’s Jubilee stake
Ghana is interested in buying Kosmos Energy’s stake in the Jubilee oil field, the Bloomberg news service has reported.
According to the report the state-owned oil and gas company, the Ghana National Petroleum Corporation (GNPC), may buy…
Ghana Stock Exchange index makes another marginal rise
The main index of the Ghana Stock Exchange (GSE) inched up by 0.95 points in trading on Thursday to close at 5,427.20 points from 5,426.25 points.
Change for the year to date is -47.97 per cent.
Shares that changed hands closed the…
Investing in shares: Long term investing vrs market timing
There is a common saying that goes, "Don't judge a book by its cover". Some valid words of wisdom for investors could be, "Don't judge a stock or share by its current price movement".
Despite several cautions against hasty decisions, many…
Tullow to benefit from oil price rise
The Tullow share price fell by 10 per cent to €6.80 this week following the placing of 67 million new shares. However, with a huge increase in its reserves and its banking facilities in place, Tullow is well-placed to benefit from any…
Ghana Stock Exchange begins online trading in February
The Ghana Stock Exchange (GSE) would complete its Wide Area Network (WAN) in February and traders can start trading from their offices.
This development would make trading easier for businesses.
A Citi Business News bulletin monitored by…
TV3 ready to float shares
One of Ghana’s private TV stations, TV3 is set to make history as the first private broadcaster to go public when the station floats shares at the Ghana Stock Exchange.
The company has received approval to float its Initial Public Offer…
Kofi Bentil calls for focus on services sector
Mr. Kofi Bentil, a lecturer and Business Strategist says Ghana must make a conscious effort to focus on the services sector for economic growth.
The University of Ghana and Ashesi University lecturer, said a deliberate and concerted effort…
Ghana’s golden pool of investment opportunities – The BBB Alumni
Looking for where and what to invest your money into in Ghana should not be difficult to do, because opportunities for making investments in Ghana are growing by the day.
A good number of resourceful and dedicated Ghanaians are digging…
Red Back Mining to raise C$150m in share sale
Red Back Mining will sell 20-million shares on a bought deal basis to an underwriting syndicate, at C$7,50 a share.
The company will raise C$150-million through the fundraising, which will be coled by Cormark Securities, BMO Capital…
World Bank predicts drop in FDI in developing countries
Developing countries will suffer a dip in foreign direct investments (FDI), the World Bank has said.
It is projected that there would be a drop in FDI to the tune of $180 billion in 2009.
The effect of this fall would be felt in 10 of the…