Executive Chairman of the Dubai Multi Commodities Centre (DMCC), Ahmed Bin Sulayem, and other stakeholders, who participated in DMCC’s second Africa Dubai Precious Metals Forum (‘ADPMF’) in Accra, have agreed among a number of things that, the global air transport industry enacts a plan to ban the hand-held personal carriage of gold in favour of … Read more
The Court of Appeal of the Republic of Ghana, on 16th June 2016 affirmed the decision of an Accra High Court decision on the Progressive People’s Party Self-elected Presidential candidate, Dr. Papa Kwesi Nduom’s Gold Coast Securities Ltd, for using fraudulent and gang-style means to acquire a listed private company, Expandable Polystyrene & Products Limited … Read more
Energy think tank, Africa Centre for Energy Policy (ACEP), is proposing the transfer of at least 51 per cent stake in the Electricity Company of Ghana (ECG) to a strategic partner through the Ghana Stock Exchange (GSE). This, ACEP believes, would be a better option than the current concession agreement which workers have kicked against, … Read more
The government will introduce clauses that will guarantee Ghana’s right to terminate the management contract of the concessionaire that will be selected to transform the Electricity Company of Ghana (ECG) in the event that it fails to perform satisfactorily, the Millennium Development Authority (MiDA) has said. According to officials of MiDA, the decision to introduce … Read more
The 182-day treasury security rate decreased by two basis points to settle at 24.69 per cent. All other treasury securities maintained their respective yields at the close of the week. The government accepted all GH¢1,369.55 million worth of bids tendered at the auction held on Friday September 2, 2016. The total amount however exceeded the … Read more
A suitable environment for businesses to succeed remains an important precursor to economic growth and ultimately the improvement of living standards. At a UN forum held in 2015, UN Secretary-General Ban Ki-moon stressed the relevance of the role of the private sector in the realization of the newly-adopted SDGs which essentially support sustainable development, reduction … Read more
The African Centre for Energy Policy (ACEP), wants government to be firm in retaining only deserving staff of Electricity Company of Ghana (ECG) as the government seeks to hand over part of management of the company to a private entity. ACEP also wants workers of the Electricity Company of Ghana to allow consultations on reviewing … Read more
The Africa Centre for Energy Policy (ACEP) has urged the government of Ghana to pursue its agenda of introducing reforms to the management of the Electricity Company of Ghana (ECG) to make it more efficient. In a statement, ACEP stressed the importance of private sector participation and urged government “not to reverse its pursuit of … Read more
The Director – General of the Securities and Exchange Commission (SEC), Dr. Adu Anane Antwi, is calling on investment advisors to come up with innovative ways to attract investors to invest in banking stocks. According to him though banking stocks have not performed well recently due to high Non Performing Loans (NPLs), current trends show … Read more
The Producer Price Inflation for the fourth week of August (22-26) rose to 10.3 per cent year – on – year while investors responded by bidding down equities. Total volume traded was 1.3 million shares which were valued at GH?7.9 million. Fan Milk emerges as the most traded equity in value terms thereby retaining its … Read more
Former Chief Executive Officer of Ecobank Transnational Incorporated (ETI) has challenged Ghanaian Banks in the country to prepare themselves for bigger businesses across the nation. The banking Lifetime Achievement Award Winner, Albert Essien says the financial industry needs banks that are capable of supporting government projects and investments. “We need well capitalized banks in Ghana … Read more
Charlotte has a LL. B Hons (second class upper division) from the University of Ghana and was admitted to the Ghana Bar in 1994. She holds a Master of Laws (LL.M) from Queen’s University, Canada and a Masters in Business Leadership (MBL) from the University of South Africa . Charlotte has significant experience in several … Read more
The Enhancing Growth in New Enterprises (ENGINE) Programme has organised an Investment Dialogue for entrepreneurs in the Northern Region to facilitate the access to a cheaper source of funding for their businesses. The programme, organised in collaboration with the Ghana Stock Exchange (GSE), was held in Tamale on the theme: “Raising Capital on the Ghana … Read more
Strategic African Securities (SAS) Fortune Fund outperformed its benchmark on the Ghana Stock Exchange (GSE) in spite of the economic challenges. The fund made a year-to-date return of -0.17 percent as against the return on the GSE Composite Index. Fund Manager, Anthony Degbato who revealed this while briefing stakeholders at the 11th Annual General Meeting … Read more
The outgoing Chief Executive Officer of UT Bank Prince Kofi Amoabeng has categorically opined he is not interested in a ministerial position, having taken a backseat position in his company. The retired captain said he will only accept a ministerial job if the “government is ready to take my terms.” Pressed by Starr FM’s Business … Read more
Reports reaching AccraReport indicate that The CEO of UT bank Mr. Prince Kofi Amoabeng will part ways with the bank by the end of 2015.An internal memo cited by Citi Business News to staff of the bank said the CEO will formally announce his retirement from the bank at a press conference today 10 November, … Read more