—since takeover of UT & Capital banks Accra, September 13, 2017//-Exactly a month ago after the GCB Bank takeover of UT and Capital banks, all but one GCB stakeholder seems not to accept the new normal.
Category: Capital Market
Africa50 Gains Guinea and DR Congo as Shareholders
Dakar, Senegal,September 12, 2017// Africa50, the pan-African infrastructure investment platform, held its third Shareholder Meeting in Dakar on Tuesday, September 12 where two new Africa50 shareholders, Guinea and the Democratic Republic of Congo were welcomed.
Group Calls on President to Revoke SEC Boss Appointment
Accra, September 6, 2017//-A youth group has raised red flag over the appointment of Rev. Daniel Ogbarmey Tetteh as the Director General of the Securities and Exchange Commission (SEC), a regulatory body for the country’s securities market.
RMB Research: IMF Bailout Extension Gives comfort to the Market
September 4, 2017//-South African based research firm, RMB Research, has lauded the government’s decision to agree an extension of the IMF bailout programme with Ghana, noting that it brings comfort and continuous fiscal discipline to the market.
South African Equities Set to End the Month at a New all-time High
September 4, 2017//-South African stocks are on track to close the month at a new all-time high, after trading in a sideways range for over two years.
4 African Currencies That Are Under Pressure In 2017
August 30, 2017//-The economies of sub-Saharan Africa have felt the pain of 2015 and 2016, and African currencies have experienced volatility as a result.
GSE Lifts Trading Suspension on Two Companies
Accra, August 29, 2017//-The Ghana Stock Exchange (GSE) has, with immediate effect, lifted the suspension in trading of the shares of Clydestone (Ghana) Limited (CLYD) and Transaction Solutions (Ghana) Limited (TRANSOL) that was imposed on the two companies.
More Troubles for UT Bank
Accra, August 14, 2017//-The Ghana Stock Exchange (GSE) has with effect from Monday, August 14, 2017 suspended the listing status of UT Bank Limited indefinitely.
Shares on Ghana Stock Exchange Stumble
Accra, July 28, 2017//-Trading on the Ghana Stock Exchange (GSE) slipped during the session, as both the Composite Index and the Financial Stock Index dipped on the back of losses in big caps.