Accra, April 11, 2018//-Digicut Production and Advertising has raised a total of 2.85 million Cedis on the Ghana Alternative Market (GAX).
Category: Capital Market
Kenya’s Planned Sale of SOEs runs into Trouble
April 11, 2018//-Kenya’s plan to sell 26 state-owned enterprises (SOEs) to private investors has been delayed by bureaucracy in approval of the transactions by the executive and the proposed parastatal reforms, even as many of them continue to post poor performance.
NSE Lifts Suspension on Oando Plc Shares
April 11, 2018//-The Nigerian Stock Exchange (NSE) has lifted a technical suspension placed on Oando Plc shares.
Briefly…on the Return of Market Bears, Rise of Bond Bulls
April 10, 2018//-The bears are back in force. According to the April QuickPoll, the Goldman Sachs Securities Division’s monthly survey of global clients on leading market drivers, negative market sentiment continued to climb amid worries over trade and volatility.
Nigeria Stocks Drop to 3-month Low after Buhari Eyes Re-election
Lagos, Nigeria, April 9, 2018//- – Nigerian stocks dropped to a three-month low after President Muhammadu Buhari said he would seek re-election in 2019, ending months of speculation about his future after bouts of ill health.
Tech Woes, Worsening Tensions With China Sink US Stocks
April 3, 2018//-U.S. stocks are tumbling Monday after China raised import duties on U.S. pork, apples and other products. It’s too soon to call it the beginning of a trade war, but for now, investors aren’t sticking around to find out.
Focus on Ghana: Capital Markets Surge as Economy Recovers
March 31, 2018//-The equity market saw trading activity surge, with the value of the Ghana Stock Exchange (GSE) growing year-on-year by 52.7% in 2017, and total market capitalisation rising from C52.69bn ($11.77bn) to C58.9bn over the same period.
Nick Ndiritu: Demystifying Africa’s Debt Markets
Investors seeking diversification outside of South Africa can easily overlook the investment opportunities in other African markets. It is tempting to start by jotting down a list of African countries led by despots or with unstable political regimes.
COFINA Finances its Growth with Mediterrania Capital Partners
Abidjan, March 29, 2018// – Compagnie Financiere Africaine Group (COFINA), Africa’s leading institution for microfinance, announced a strategic partnership with Mediterrania Capital Partners, a private equity fund dedicated to business growth in Africa.
‘Pension Funds with uniBank are Safe’
Accra, March 26, 2018//-Ghana’s National Pensions Regulatory Authority (NPRA) has assured that trustees whose pension funds are in the custody of uniBank are in safe hands.