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Investment
Ghana Stock Exchange records GH¢23.4m net profit despite COVID-19
The Ghana Stock Exchange (GSE) posted solid financial performance in 2020 despite the devastating effects of COVID-19 that disrupted many economies around the world.
The Exchange recorded a net profit of GH¢23.46 million, the highest in…
Ecobank Ghana presents dividend of GH¢28.8m to SSNIT
Ecobank Ghana, one of the investments of the Social Security and National Insurance Trust (SSNIT), has presented a dividend of GH¢28.8 million for the year 2020 to the Trust.
This represents an increase of 83 per cent over the 2019…
Investments in gold exploration in Africa fell to $590m in 2020
Ghana needs to attract more investments into mining exploration not to lose out on its leadership position in the industry on the African continent.
Mr Eric Asubonteng, the President of the Ghana Chamber of Mines, said dwindling…
ECA dialogue on implementation of AfCFTA
The Sub-Regional Office for West Africa of the Economic Commission for Africa (ECA/SRO-WA) has partnered with the West African Monetary and Economic Union (UEMOA) and the Economic Community of West African States (ECOWAS) Commission to…
US government food security strategy for Ghana expected to attract $261m investments
The first activity of a new US government food security strategy for Ghana is expected to attract private sector financing of about $261 million to enhance agribusiness in the country.
According to the US Embassy in Accra, the US Global…
IFC and SEC to develop green bonds market
The International Finance Corporation (IFC) and Securities and Exchange Commission (SEC) have announced partnership to facilitate investments in projects which address climate and environmental issues through green bonds.
Under the…
Gold futures settle modestly higher
Gold prices moved higher on Tuesday, rebounding from early losses, after the yield on US Treasury notes fell after an early uptick. Gold futures slid early on in the session as US Treasury yields rose as investors awaited the outcome of…
Ghana receives $2.7b FDI in 2020
Ghana received a total of 279 Foreign Direct Investment (FDI) projects valued at $2.7 billion in 2020 despite the COVID-19 pandemic.
The projects will go into areas such as manufacturing, services, building and construction, agriculture,…
Ghana will serve as entry point for Canadian investors – Kyerematen
Ghana has assured Canadian investors of her readiness to serve as the entry point to the Sub-region for opportunities in the regional market.
Under the African Continental Free Trade Area (AfCFTA) there is an estimated market size of…
SEC says it’s keen on healthy Capital market, protection of investors’ funds
The Securities and Exchange Commission is taking pragmatic steps to strengthen the capital market and to protect investors’ funds, Deputy Director-General Paul Ababio has said.
Speaking during Tesah Capital webinar on the theme: …