This week was marked by a reversal of the positive trends seen so far in most African Markets with the strongest decline observed on the Tanzanian equity market. President John Magufuli of Tanzania fired his mining minister and the chief of the state-run mineral audit agency on Wednesday after an enquiry into possible undeclared […]
The positive sentiment continues to prevail in most African Markets with Zimbabwe being this week’s best performer. In a statement, the IMF said that Zimbabwe’s cash shortages could intensify and inflation may rise if President Robert Mugabe’s government does not temper excessive state spending. Official data on showed inflation has risen for the second consecutive […]
Accra, May 16 2017/- Ghana’s Minority in Parliament has petitioned the Securities and Exchange Commission (SEC) of the United States (US) over the US$2.25 billion bond issue which many described as a doled out.
Weekly Market Commentary This week marks another positive week for African markets as most markets ended on green territories. Nigeria’s lower and upper parliamentary chambers passed the 2017 budget, set at 7.44 tn naira ($24.4 bn). According to lawmakers, the budget assumes an oil price of $44.5 a barrel and foreign borrowing of 175.9 bn […]
Martin Ofori, Chief Executive Officer (CEO) of Crystal Capital and Investments Limited (CCI), a leading investment and financial advisory firm, has called for a more comprehensive financial sector strategy and an effective implementation model on creating long-term investment vehicles to propel the country’s economic growth.
A leading emerging markets investment banking firm, Crystal Capital & Investments Limited (CCI) has announced the launch of two new mutual funds that will offer Ghanaians more investment opportunities to earn higher returns which will enable them to plan appropriately towards their entrepreneurial goals.
The African growth story is no longer a fairy tale. Over the past decade multinational companies, private equity funds and infrastructure development programmes have channeled capital to the continent as they began to realise the true potential it holds, but like most emerging market regions, Africa is no longer the ‘flavour of the month’.
The BMCE Group Bank of Africa has announced the final Round of the 2nd edition of the African Entrepreneurship Award, an initiative to support African entrepreneurs by rewarding talent and technology transcending borders.
At the 5th edition of the annual forum, CGECI Academy 2016, the Ivorian National Council of Employers, General Confederation of Enterprises of Côte d’Ivoire (CGECI) presented African businessman and investor, Tony Elumelu, with its 2016 CGECI Lifetime Achievement Award on April 21, 2016 in Abidjan, Côte d’Ivoire.
The Bank of Ghana (BoG) has announced that its banking business, which was moved to the head office because of a disruption to electric power supply at Cedi House, will resume at Cedi House on Monday, 21 March, 2016.
