MOODY’S Investors Service today downgraded the insurance financial strength rating (IFSR) of Old Mutual Life Assurance Company (South Africa) Limited, to Baa1 from A3 and the senior debt rating of Old Mutual Plc to Baa3 from Baa2.
Category: Investing
Africa Investors See Through The Headlines
EBOLA, terrorism and political upheaval – headlines from Africa over the past year seem a far cry from the inspiring “Africa rising” story, but many newly found investors are sticking with the plot.
Ghana Ranks 7th In Africa Prosperity Report
GHANA has emerged 7th out of 38 countries in Africa, according to the latest 2014 Africa Prosperity Report by the UK based advisory and advocacy firm, Legatum Institute. The West African second largest economy dropped one position since the 2012 Africa Prosperity Report, which looks at measuring the growth and prosperity of economies across the […]
Moody’s Downgrades SA Credit Rating
MOODY’S Investors Service (Moody’s) has downgraded South Africa’s investment grade credit ratings, the National Treasury said on Thursday.
Thomson Reuters Partners ALN Ventures To Support Entrepreneurs
THOMSON Reuters, the world’s leading source of intelligent information for businesses and professionals, today announced a partnership with ALN Ventures, a transformational pan-African business accelerator powered by African Leadership Network (ALN).
BOPP,ETI & Mega Africa Lead Gainers On GSE
BENSO Oil Palm Plantation (BOPP) emerged the best performing stock on the Ghana Stock Exchange in the 3rd quarter of this year. Share Price for the oil palm company increased by about 41percent from 2 cedi 59 pesewas to 3 cedis 66 pesewas. The Ghana Stock Exchange in the third quarter of the year saw […]
Made-In-Ghana Goods Committee Swings Into Action
GHANA’S President John Mahama has asked the Minister of Trade and Industry, Ekwow Spio-Garbrah to Chair the Promotion of Made-In-Ghana Committee.
Ghana: Court To Rule On Takoradi Port Expansion
THE Sekondi High Court will on Friday October 24, 2014, give its ruling in the case in which five members of Ghana’s Parliament are praying the court to remove a restriction government has imposed on further expansion of oil and gas facilities at the Takoradi Port.
Rapid Urbanisation Demands Investment In Dev’t Of Cities
INVESTMENT is key to making fast-growing cities livable, inclusive, and sustainable, city and business leaders heard at a roundtable organized by UNCTAD and the United Nations Sustainable Development Solutions Network (UN-SDSN) as part of the UNCTAD World Investment Forum 2014 in Geneva.
Spio-Gabrah Sounds Alarm Bells
GHANA’S Minister of Trade and Industry, Dr. Ekow Spio-Gabrah has warned that the move to drive out foreigners engaged in petty trading may have a negative impact on the country’s economy.