Investment portfolios have recovered their market values, reaching their highest level since November 2022 following the Securities and Exchange Commission's (SEC) directive to adopt the mark-to-market valuation approach. This improved confidence in the market is attributed to successful settlement of the Domestic Debt Exchange Programme (DDEP). According to market sources prices...
Miriam Maku Amissah, Head of Client Experience-Stanbic Investment Management Services (SIMS), has encouraged Ghanaians to embrace responsible investment to further nation building. Speaking at a cocktail session hosted by the bank at the 3rd Mobile Technology for Development seminar held at Kempinski Gold Coast City Hotel, Accra, Miriam Aku Amissah...
…as GSE joins African Stock Exchange coalition The Ghana Stock Exchange (GSE) has formally joined the African Exchange Linkage Project (AELP), alongside over 30 other African stock exchanges, opening up wider opportunities for domestic investments. The initiative seeks to deepen liquidity, provide seamless investment opportunities and improve trading volumes across stock...
Managing Director of the Ghana Stock Exchange, Abena Amoah, has said the country’s development hinges on a strong capital market and an investment-savvy population - hence programmes that will fuel them must be encouraged. She added that the current environment in the country highlights the importance, and urgency, of having...
SNV Netherlands Development Organisation under the GrEEn project, has organised the third edition of its annual GrEEn Investment Fora for SMEs in the Western Region at Takoradi. The three-day fora, which was on the theme, ‘Pathways to promoting investment opportunities in the green and circular economy’ highlighted economic opportunities in...
The Minerals Income Investment Fund (MIIF) seeks co-investment partners in its bid to invest in the entire minerals value chain of Ghana. MIIF is ready to co-invest and create a de-risking mechanism for investors says Edward Nana Yaw Koranteng, Chief Executive Officer of the Fund. The Fund has been described...
Agricultural sector stakeholders from across the country have begun a four-day meeting in Accra to develop a revised Seed Sector Strategy and Investment Plan to help boost the country’s food security. Officials from the Ministry of Food and Agriculture (MoFA), the National Seed Trade Association of Ghana (NASTAG), The African...
The current economic crisis facing the country is a wake-up call for retailor investments into sectors with potential to yield maximum and immediate impact, German Minister of Finance, Christian Lindner, has advocated. Although he lauded efforts at promoting industrialisation, he said the present challenges require strategic direct investments into manufacturing...
Introduction to Correspondent Banking Correspondent banking may sound like a term straight out of a financier’s dictionary, but its implications ripple through the entire economy, touching the lives of both businesses and individuals. Essentially, it’s the process by which banks provide services to each other, including cross-border transactions and large-scale...
Aggrieved customers of First Fund are lamenting over the Securities and Exchange Commission’s (SEC) inability to retrieve their locked-up cash months after appointing a second fund management company, OctaneDC, to oversee distribution of the money. SEC took over management of the fund from First Banc and gave it out first...