Accra, Ghana/-The Ghana cedi crossed the ¢13 mark as the depreciation of the local currency continued on February 28, 2024.
Category: Capital Market
Emerging Markets Navigate Global Interest Rate Volatility
Global interest rates in recent months have gone on a rollercoaster, especially those on longer-term government bonds. Yields on 10-year US Treasuries are climbing again after pulling back from a 16-year high of 5 per cent in October. Interest rate moves in other advanced economies had been equally prodigious.
How Ghana’s Two Licensed Credit Bureau Agencies Can Shape Our Financial Future
Credit bureau agencies are specialised organisations that gather, maintain, and share credit information about individuals and businesses.
Putting People at the Forefront of Retail Training
Johannesburg, South Africa// – The change the retail sector has undergone in the past decade is staggering.
Stock Markets Likely to Rally this Week on Fed Minutes, Caution Needed
Stock markets could experience a rally this week as investors look for clues on the US Federal Reserve’s policy path on interest rates, but caution is still required, affirms the CEO and founder of deVere Group, one of the world’s largest independent financial advisory, asset management and fintech organizations.
Stock Markets Soar, Investors Warned Against Complacency
Stock markets are buoyant on optimism that the US will raise its debt ceiling, avoiding a default and global economic fallout, but investors now need to avoid complacency, warns the CEO and founder of one of the world’s largest independent financial advisory, asset management and fintech organizations.
Nigeria’s SEC Grants Volition Cap License to Kickstart Fund Management
Lagos, Nigeria//- Volition Cap, an asset management company empowering the hardworking middle-class to create wealth, announced today that it has secured a fund management license from the Nigerian Securities and Exchange Commission (SEC), as of December 2022.
EIU Predicts: Cedi to Depreciate 30% to Dollar in 2023
Economist Intelligence Unit (EIU) has predicted a 30% depreciation of the Ghana cedi to the dollar in 2023, after projecting that the governing New Patriotic Party (NPP) will lose the 2024 elections to the opposition National Democratic Congress (NDC).
Calm Before Storm: Is a 10% Market Correction on the Horizon?
Investors should brace for a 10% market correction over the next few weeks, warns the CEO and founder of one of the world’s largest independent financial advisory, asset management and fintech organisations.
Women-led Companies Outperform African Stock Exchanges
While only a fraction of companies listed on Africa’s 24 stock exchanges have women CEOs, those that are led by women outperform financially by a wide measure according, to a new report from Africa.com.