Nearly half of SDIs insolvent
Business and Markets

Nearly half of SDIs insolvent

The specialised deposit-taking institutions (SDIs) remain the financial system’s weakest link, with nearly half insolvent, prompting the International Monetary Fund (IMF) to demand faster reforms to contain financial stability risks and limit future fiscal costs.

Business & Financial Times·

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Equity rally could adjust sharply if T-bill yields rebound – analysts

Equity rally could adjust sharply if T-bill yields rebound – analysts

The Ghana Stock Exchange’s (GSE) record-breaking rally could face an adjustment of as much as 30 percent if Treasury bill yields stage a significant rebound, analysts have warned, as recent trading points to growing profit-taking and weaker investor participation after months of rapid gains.

Business & Financial Times·
IC Asset Managers launches IC Wealth on MTN MoMo

IC Asset Managers launches IC Wealth on MTN MoMo

IC Asset Managers (Ghana) Ltd. has launched IC Wealth on the MTN MoMo app, giving millions of mobile money customers direct access to the firm’s regulated investment products from their mobile phones.

Business & Financial Times·
Gov’t issues GH¢5bn bond to recapitalise BoG

Gov’t issues GH¢5bn bond to recapitalise BoG

The government has issued a GH¢5 billion recapitalisation bond to the Bank of Ghana (BoG) to begin restoring the central bank’s equity, which was pushed into negative territory by the 2023 Domestic Debt Exchange Programme (DDEP). 

Juliet Etefe·

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