Accra, November 28, 2017//-Vice President of the Republic Dr. Mahamudu Bawumia is optimistic that government’s determination to make Ghana the centre for financial services in West Africa will take off in 2018.
Category: Capital Market
United Capital Plc Sweeps PEARL Awards Nigeria
Lagos, Nigeria, 28 November, 2017 – United Capital Plc, an investment banking services group providing bespoke value-added services to its clients achieved a remarkable feat, winning five awards, three of which were in the Main Competitive Award Category at PEARL Nigeria Awards.
Galaxy Capital Ready for SEC’s Minimum Capital Requirement
Accra, November 27, 2017//-Galaxy Capital Limited, the investment subsidiary of the Galaxy Group is in a good position to meet the stated capital requirement to be announced by the Securities and Exchange Commission (SEC).
GTI Securities Picks Elumelu Group as Bargain Stocks
Lagos, Nigeria, November 23, 2017//-Leading investment firm, GTI Securities Limited, has picked United Bank for Africa (UBA) Plc and Transnational Corporation of Nigeria (Transcorp) Plc, as the two topmost stocks for consideration by investors. Tony Elumelu’s Heirs Holding is a major investor in both UBA and Transcorp.
Research: African Currency Troubles Not Over
Accra, November 16, 2017//-The 2017 version of Ecobank Research’s Fixed Income, Currency and Commodities (FICC) Guidebook, which provides expert knowledge and analysis on African markets for investors and businesses, has revealed that African currencies will continue to face downside pressures.
Mixed Trends on African Markets
October 31, 2017//-Still mixed trends this week on African markets with the highlight being signals of a recovery banking sector in Zambia which drove strong performance of the local index.
CEO of Agence Française de Développement Gets New Appointment
Paris, France, October 17, 2017 – Rémy Rioux, Chief Executive Officer of Agence Française de Développement, has been appointed Chairperson of the International Development Finance Club (IDFC) in Washington, USA.
Afreximbank Depositary Receipts Post Gains on First Day of Trading on Stock Exchange of Mauritius
Port Louis, Mauritius, October 9, 2017: – Following the successful close of the private placement with subscription far in excess of the $100 million minimum, Depositary Receipts (DRs) of the African Export-Import Bank (Afreximbank) started trading on the Stock Exchange of Mauritius (SEM) yesterday, with the Bank topping the list of issuers in terms of capital […]
Investors Neglect GAX Despite Improved Performances
Accra, October 4, 2017//-Despite the continuous decline in interest rates on fixed income securities, investors looking to cash in on stocks have and continue to neglect the four listed equities on the Ghana Alternative Exchange (GAX), preferring stick to the main bourse.
Why Banks Shareholders Should Care about Credit Risk
Accra, October 2, 2017//-A number of things will happen in 2018: Russia will be hosting the football/soccer world cup. It will be a century since the end of World War I.