By Autson autson.com

Markets

GSE  ALL-SHARE INDEX

15/05/2012

GSE-CI GSE-FSI
Previous (14/05/2012) 1,048.38 909.52
Current (15/05/2012) 1,048.50 908.83
Change Year To Date 8.20% 5.30%

Market Capitalisation (15/05/2012)

Ghc 54,530.32 million

2012 Macroeconomic Targets

Real non-oil GDP growth of 7.6 per cent;

Real overall GDP growth of 9.4 per cent;

Average inflation of 8.7 per cent;

End-period inflation of 8.5 per cent;

Overall budget deficit equivalent to 4.8 per cent of GDP

Gross international reserves of not less than three months of import cover for good and services.

TREASURY SECURITIES RATES

15/05/2012

 91 Day Bill 15.6111%
 182 Day Bill 15.9819%
1 Year Note 15.5000%
2 Year Fixed Rate Note         

16.0000%

5 Year GoG Bond

14.25%

INTEREST RATES

Inflation Rate (April 2012):       9.1%

BoG Policy Rate (April. 2012): 14.5%

MONEY & CURRENCY MARKETS (FOREX)

15/05/2012 Buying Selling
£(Pound Sterling) Ghc 2.97 Ghc 3.03
US$(Dollars) Ghc 1.86 Ghc 1.91
Euro Ghc 2.42 Ghc 2.49
CFA Franc Ghc 2.66 Ghc 2.74

 

Health News

Health


 

Top Story

Electricity conundrum
18 May 2012 08:01

  …private sector holds the key

Government has been told to attract the private sector into the production and distribution of electricity by laying down clear-cut and transparent contractual arrangements, and revamping the entire value-chain to ensure regular supply of electricity.
“We are a country in need of either new systems or different systems in the provision of electricity. Any new system has to involve private-sector participation and it also means the government has to enable that,” Mr. Kweku Andoh Awotwi, Chief Executive Officer, Volta River Authority (VRA), said at jus [ ... ]

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Published on 18 May 2012 Hits: 21

Emerging oil-producing nations in Africa have been urged to obligate oil exploration companies   to establish oil refineries to enhance value-addition and maximise national revenue.

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Published on 18 May 2012 Hits: 15

The President of the Ghana Chamber of Commerce and Industry (GNCCI), Mr. Seth Adjei Baah, has called on Ghanaian businesses to participate in international investment conferences to attract attention to the country’s economy.

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Published on 18 May 2012 Hits: 22

Stanbic Bank Ghana and Standard Bank South Africa, both members of the Standard Bank group, have in what has been recorded as the largest-ever local currency syndication, successfully raised GH¢410million to finance some operations of  MTN.

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Published on 18 May 2012 Hits: 14

Computer Warehouse Group (CWG) has won the Information and Communications Technology (ICT) Solutions Provider of the Year Award.

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Published on 18 May 2012 Hits: 15

The World Bank has approved US$50million to the government in the form of budget support for implementation of the country’s Medium Term Agriculture Sector Investment Plan, METASIP.

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Published on 18 May 2012 Hits: 13

Jamaican money remittance company, JN Money Services (JNMS), has launched Ghana International Money Transfer Service (GIMTS) in Accra.

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Published on 18 May 2012 Hits: 26

Standard Chartered Bank says it reposes a lot of confidence in the Ghanaian economy and is ready to contribute its expertise to support the country on its path to development, Sir John Peace, Group Chairman, has said.

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Published on 18 May 2012 Hits: 17

Hewlett-Packard (HP) the American-based largest multinational information technology cooperation has launched its new range of Ultrabooks and Sleekbooks notebooks into the Ghanaian market.

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Published on 16 May 2012 Hits: 56

The Securities and Exchange Committee (SEC) is expected to meet within the next four weeks to consider approval for the final listing of the Gold Fund on the Ghana Stock Exchange.

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Published on 16 May 2012 Hits: 39

The West Africa Cable Systems (WACS) is expected to be commercialised in the country next month, bringing cheaper bandwidth access to Ghanaian bandwidth consumers.

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Published on 16 May 2012 Hits: 26

The Timber Industry Development Division (TIDD) of the Forestry Division is to introduce Permit and Contract online registration for Timber Freight Forwarders by June this year.

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By Autson autson.com


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